Some third-party vendors may provide you with goods, services, and many other supports. Would you be able to track everything manually? What is your strategy for effective supplier relationship management? If not, then what’s the solution? It’s simply following the supplier relationship management strategies. Why is effective Supplier Relationship Management so important? If with some strategic… Continue reading
Staying up to date with persistent changes is amongst the challenges facing most procurement professionals nowadays. The field of Procurement has regularly encountered the difficulties of getting up to time with top organizational and technological changes. The importance of keeping up with the latest innovations and technological changes is what births the idea of creating… Continue reading
Procurement is an exciting industry with diverse prospects available across countless organizations. With several Online Procurement Courses designed to introduce you to procurement management and administration process, there are only a few that stand out. The 9 Awesome Online Procurement Courses discussed below are intended to offer the right knowledge and skills essential to assisting… Continue reading
Since writing a blog on Supply Chain Management interview questions, I received lots of requests from people seeking to interview Buyer or Commodity Managers within the Procurement Function. Typically, such jobs are more suited for experienced managers in the field, but as newcomers or fresh buyers, these procurement interview questions are essential to start out… Continue reading
Artificial Intelligence (A.I) in procurement is transforming industries, and the leap of change is fast-tracking, that is a reason why I have mentioned A.I as key future supply chain trend . A.I in procurement can trade commodities and even out-perform teams of experts. The pace is becoming fast because A.I in procurement has a lead… Continue reading
In the supplier development literature, several researchers have recognised that strategic supplier development is important for the overall success of the firm and in turn contributes to a sustainable competitive edge and is considered one of the building blocks of supplier management practices. Authors like Wagner (2006a), Krause et al. (1998) suggested that it is… Continue reading
When I started my career in supply chain and procurement as a buyer, one of the first tasks given to me was three-way matching – and it was tedious and painful. On the top of that, I used to chase people to process non-PO based invoices, get approvals from senior managers and deal with inquiries… Continue reading
For supply chain, procurement, logistics and operations professionals one of the top goal is to reduce cost, while keeping other metrics such as on-time delivery, quality, productivity and safety at the highest possible level. Whilst the focus is there, it’s hard to find many cost reduction strategies. So, what should you do? While most business… Continue reading
Previously I have written blogs about Best Supply Chain Books and Best Logistics Management Books. Both blogs has done well and received lot of appreciation and feedback from Supply Chain community. Some of you have asked which procurement book is best available. Before I start, is procurement purchasing? Or, is Purchasing procurement??? That is the… Continue reading
The subject of supplier development activities, practices, and success factors is researched in 36 out of the 81 articles I have researched. Therefore this makes it the most frequently discussed subject in the topic of supplier development. Various types of supplier development activities and resources exist and are mentioned by many researchers, some of which… Continue reading
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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