Organizations usually face a challenge, determining what will be the contribution of the strategies to be implemented and how they will impact their results. In other words, What is the Total Cost of Ownership (TCO)? Savings obtained by companies that apply strategic supply are between 5% and 20% of total spending. And this is… Continue reading
If you are a procurement professional you should have heard about 7 step strategic sourcing process, but if you are not a hardcore procurement pro it is likely you might don’t know what it is about. This blog explains 7 step strategic sourcing process with no non-experts. There is a difference between Strategic Sourcing… Continue reading
Few things will disrupt your supply chain operations like a global pandemic. Unlike a natural disaster and other public health emergencies, pandemics are ongoing. It may take government officials months, or even years, to fully understand how the disease spreads from person to person. All this uncertainty means parts of your facility may be offline… Continue reading
There has been growing interest in the Sales and Operations Planning process over the last two decades. The sales-and-operations-planning (S&OP) process is used by many companies to coordinate efforts of different functional units, including Sales, Marketing, Finance, HR (occasionally), and Operations, for medium-term supply-chain planning, an important hierarchy in 5 Levels of Supply Chain Planning…. Continue reading
Among the many social media sites that have emerged in the past two decades, LinkedIn stands out for having become the dominant professional network. It now has more than 645 million users from more than 200 countries and territories worldwide, with a stated mission of connecting “the world’s professionals to make them more productive and… Continue reading
How to avoid corruption in supply chain (post-soviet countries perspective)? While there is a great possibility of reducing your logistics costs by building your manufacturing or distribution facilities in developing or best cost countries there are few things, that business executives should take into account before starting operations in emerging markets. Even if it would… Continue reading
To become a top talent within Supply Chain, there are a number of fundamental Supply Chain Skills you must learn to acquire, build and continually seek to develop. And they are both technical and soft skills. I have put together a list of what I feel to be the top 11 must-have skills to not… Continue reading
One of the most frequently asked question from SCMDOJO followers is, I am doing Supply Chain Management Masters from Europe, UK or USA and I need some Master Thesis ideas in Supply Chain? Key academic research areas in SCM are offering robust and implementable supply chain management thesis that are transforming worldwide trends. The increasing… Continue reading
The question of purchasing vs procurement is one of the frequently asked questions. In this blog, we have explained the difference between purchasing and procurement. THE EVOLUTION OF PURCHASING TO PROCUREMENT AND THEIR RESPECTIVE DEFINITIONS. Purchasing surfaced in our world in the first gained prominence during World War 2. It was done as a clerical… Continue reading
Service Level Agreements (SLAs) are a common yet underused tool for supply chain professionals. When deployed aggressively, they can become one of the best accelerants for improvement, not just for operations, but an entire company. We used SLAs heavily at Amazon, where I helped build the ecommerce supply chain that powers Prime, among other… 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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