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Supplier Development Programme in Lean Six Sigma and SME Context
Many companies have started supplier development programme but it is mainly focused on strategic suppliers. In the last 25 years the number of Small and
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18 Targeted Inventory Reduction Strategies for Supply Chain Professionals
Inventory comprises an important part of current assets, particularly in the manufacturing industry. A lot of cash flow is committed to inventories so as to
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Brief Guide to Supplier Quality & Supplier Development
Why Focus of Supplier Quality & Supplier Development? Supplier Quality is responsible to track and improve our approved suppliers’ performance in terms of number of
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5 Supplier Development Initiatives to Create Improvement Projects
In order for firms to compete effectively and survive in the global market, they must maintain and build relationships with a capable and competent network
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12 Powerful Inventory Reduction Tips to Free Up Cash
Inventory reduction is one of the key goals for most businesses. In this article I have outlined 12 tried and test tips which I have
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Tender Process and Evaluation Criteria: A Comprehensive Guide
Introduction In the world of public procurement and competitive bidding, a structured tender evaluation process ensures that organizations select the most qualified vendors while maintaining
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The Art of Compromise as a Negotiation Strategy in Supply Chain
Introduction Negotiation is at the heart of supply chain management. Whether dealing with suppliers, logistics providers, or internal stakeholders, striking the right balance between assertiveness
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Cost Performance Index (CPI): What is it and How to Calculate it?
Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply
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The Best Ways to Use Project Management to Build Resilient Supply Chains Amid Global Disruptions
Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. However, disruptions such as economic downturns,
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Types of Supply Chain Reports: Definition and Benefits
Supply chain reports offer a comprehensive view of your entire supply chain operation. They are powerful tools for businesses to identify areas for improvement,
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