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Top 16 Procurement KPIs – The Ultimate Guide
Nowadays, no one can deny that businesses today expect procurement teams to drive value beyond cost savings. As a consequence, procurement leaders are constantly looking
Read MoreRFI Vs RFP Vs RFQ – What are The Key Differences?
Nowadays, enterprises seeking to switch immigration providers have more options than ever before, and often check a large number of traditional and hybrid models in
Read MoreWhat is Indirect Procurement? – All You Need To Know
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
Read MoreSupply Chain Maturity Model – Basics You Must Know
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
Read MoreWhat is MRO and why is it important? A Complete and Updated Guide
You might be wondering, “What is MRO?” or perhaps you’ve come across terms like “MRO supplies,” “MRO in manufacturing,” or “MRO in purchasing,” and are
Read MoreS&OP vs IBP – What is the Difference?
Nobody could disagree that the present distinction between S&OP (Sales and Operations Planning) and IBP (Integrated Business Planning) has long been the subject of important
Read More16 Reasons Why it is a Good Idea to Increase Inventory!
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
Read MoreWhat is Plan for Every Part (PFEP)- 4 Levels of Benefits
What is Plan for Every Part (PFEP)? PFEP – an acronym is originating from the Lean Community. The PFEP is used to define a plan
Read MoreWhat is Total Cost of Ownership? 5 Considerations of TCO
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
Read MoreSupply Chain Corruption – 4 Ways How to Defeat
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
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