Category Management within Procurement. Despite an increasing use of the term ‘strategic sourcing’, the actual situation is that most sourcing exercises are not strategic, but a lot of items and services are bought. Of the total income from sales, between 60 and 75 percent will be spent on items and services in manufacturing businesses and in services businesses between 25 … Read More
Improving supply chains without technology investment
The business case for investment. The question “what is the need?”, has been front of mind while recently reading articles and reports concerning new technologies and their possible effects on business in general and supply chains in particular. All the articles seemed to assume that justifying the expenditure on new technologies is not a problem. However, buying technologies (new or … Read More
Steps to being a strategic Procurement organisation
Procurement in supply chains. Procurement is still evolving from basic buying – getting the lowest price for items, to being an integral part of an organisation’s supply chains structure. This structure includes the core operational functions of: Procurement, Operations Planning and Logistics; however, they can have many titles, depending on the organisation and location. Within your supply network, the objective … Read More
Minimise supply chain risk for business viability
Supply Chain risks are real. Sustainability is too often used as a generic, catchall term (like innovation) that has little impact within an organisation. To put meaning around the term, identify and review the risks that may affect the future viability of your enterprise. For operational type businesses, the majority of risks are related to the supply chains and they … Read More
Sustainability means all the risks in your supply chains
What does sustainability mean to you? To address new circumstances, commercial organisations have always had to change their business model, products and processes. However, the added challenge in this century is the increasing range of factors to be be considered. The various factors have often been incorporated under the heading of Sustainability. But sustainability can mean different things. An example … Read More