Modern-day Supply Chain Professionals are expected to be competent in a number of skills, including analytical skills, supply chain modelling, devising supply chain strategy, strategic sourcing applying lean and six sigma tools in supply chain and more. Except you are ready to invest and commit years of your life to get a degree for each… Continue reading
In most of the business it is often the same people, who are doing the same job. When purchasing materials, the same routines are used on each occasion, even if each and every one of these purchases may be unique, so why we need supply chain policy or procedure ? Similarly, the steps of booking… Continue reading
In a JIT supply chain, reliable suppliers will reduce supply uncertainty and make the supply chain more effective, therefore supplier selection is crucial. However, Purchasing in JIT environment is different and therefore it requires a slightly different mindset for selecting suppliers who can survive in JIT Supply Chain long term. Researchers1 suggested that the selection… Continue reading
2017 is about to start with new set of goals and challenges; it can be hard to know where you should first focus your efforts and what your supply chain strategic plan for coming year should be. After all, by now you’ve probably read so much about supply chain strategic plans that you’re left feeling… Continue reading
The supply chain industry must constantly evolve alongside the audiences it attempts to reach. I’ve often said that the one main secret to my success is my possession of an unquenchable thirst for knowledge and curiosity. Without that, it’s hard to stay relevant in a space that changes so rapidly. That being said, where can… Continue reading
There are so many different facets and books for Supply Chain Management; it can be overwhelming when it comes to actually choose which reference book(s) to purchase. To help readers I have recommended these 7 Supply Chain Management Books for Beginners. Some readers have asked me can I recommend Logistics Management books which leads me… Continue reading
Many businesses do some kind of forecast, due to its importance to the benefits it provides. However, most business also complains about the accuracy of their forecasting process and want to how they can improve forecasting accuracy? Supply Chain Management is a broad umbrella of complex functions that are aligned to meet one common goal… Continue reading
As most of us know, finance is an important function to any organisation as the company has to know how viable its balance sheet and profit and loss (P&L) statement is. The head of this function generally titled as Finance Manager is amongst the key supply chain stakeholders in my opinion. Generally finance managers are… Continue reading
With the ever-growing talent and competition in today’s fast-paced environment, everybody is looking for ways and opportunities to outperform their peers. If you want to enhance your supply chain competencies to further your knowledge and stay updated with the current concepts and technologies in the supply chain industry, you can consider getting a professional certification… Continue reading
Old industries are dying and new ones are rising. We have seen Amazon destroy the book stores, Uber transform the transport industry and Netflix make a video store a fond memory. Today’s technological disruption is fast and ruthless and it is transforming most of the industries. But I think we are behind supply chain if… Continue reading
Excess and Obsolete Inventory Policy Guide
is a Manufacturing Operations, Procurement and Supply Chain leader from international multi-site manufacturing experience in Electrical, Hydraulics and Internet industries
Latest comments from readers