Artificial intelligence, machine learning, big data, blockchain – the list of emerging digital technologies is long. There is much discussion on their application and use and they are omnipresent in today´s society. Furthermore, they also have large impacts on companies and especially their supply chains. Companies realize that they do not only need to look… Continue reading
COVID-19 was nothing short of a Black Swan event for supply chains, causing rippling disruptions that continue to affect global markets. While some of these struggles will play themselves out over time, others are more permanent, signaling a paradigm shift in the way we think about supply chains of the future. It’s forcing a change… Continue reading
Nowadays, no one could deny that, businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking for ways in order to enhance their procurement process and make it more sustainable. However, they don’t want to form any decisions without the proper data. And so, they track an array of metrics such as KPIs. Procurement… Continue reading
How do you attain the skills required for success in your current job and future career? A trustworthy approach to getting career advancement or growing your business is to acquire business acumen skills. Industry or sector is less relevant when it comes to these skills, as they get the most significant business running effectively. It… Continue reading
A career in Supply Chain can be fun, creative, rewarding, and smart for the long term, so if you want to learn more about “How to Career Change To Supply Chain”, you are on right track! Businesses will always need supply chain professionals to manage the information flow & product flow of their products, no… 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
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
What is Plan for Every Part (PFEP)? PFEP – an acronym is originating from the Lean Community. The PFEP is used to define a plan (at part level) for the most efficient replenishment and movement of each and every part used in business through the complete Supply/Value Chain Get Excess and Obsolete Inventory Policy Material… 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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