What is Indirect Procurement? I have discussed this topic briefly with Procurement Expert Richard Beaumont in this episode of The Supply Chain Show. In this blog, we dig deep to answer these questions. Topics Covered: Knowing that procurement is a complex business function that varies from an organization to another, and is unknowingly linked to… Continue reading
Nowadays, no one could deny that the supply chain is essentially the backbone of any company and most supply chain team use some kind of Supply Chain KPIs. In other words, it is about a living ecosystem that ensures the smooth, effective and consistent delivery of products or services from supplier to customer. When… Continue reading
There are quite a few supply chain maturity models. These models attempt to drive best practices in Supply Chain Management. One basic idea behind the supply chain maturity model is that increased supply chain maturity will lead to improved supply chain performance, which in turn will lead to improved financial performance. But we all know… Continue reading
What is MRO? or What is MRO supplies? or What does MRO stand for in manufacturing? Or what does MRO stand for in purchasing? In this blog, I have tried to answer these questions. What is MRO? MRO (Maintenance, Repair, and Operations Supply) is an important part of most manufacturing and service businesses and… Continue reading
When it comes to running a small business, “success” can feel like a moving target. For many, profitability is their measure of success. But here’s the thing: businesses take an average of two to three years to become profitable. That’s a long time to wait to learn if your initial hard work paid off! Looking… Continue reading
What is the difference between S&OP Vs IBP? Let me try to answer theis questions. No one could deny that the existing difference between S&OP (Sales and Operations Planning) and IBP (Integrated Business Planning) has always been the subject of great and interesting debates within the economic context. Opinions have split into two castes: While… Continue reading
As we approach the close of 2020, what remains certain is: The Supply Chain industry has witnessed a lot of changes this year. The impact of COVID-19 on Supply Chian was unprecedented and the changes, as a result, aren’t all shocking. Early in March, the implementation of the stay-at-home orders worldwide saw an unprecedented report… Continue reading
AI for Supply Chain has been talked about amongst the supply chain community for almost a decade and has been promoted heavily as a key Supply Chain Future Trend and also included in 24 Supply Chain Technologies which Are Shaping Present and Future of Supply Chain. But do we really know how it can benefit… Continue reading
Warehouses play a vital part in the distribution process employed by most distributors, exporters, importers, manufacturers, and more. With several influential pieces of equipment needed to increase efficiency and productivity, similar records reports of increased risks and workplace hazards. For example, Logiwa reports 25% of all workplace injury claims are due to slips and falls…. Continue reading
When I wrote the article 18 Targeted Inventory Reduction Strategies for Supply Chain Professionals, I got some criticism from some of my readers that I am misleading the supply chain community and there are equally valid and reasonable reasons where we should actually increase inventory! Fair point? Get Excess and Obsolete Inventory Policy The benefits… 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
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