10 Supply Chain Improvement Tools You Should Know About

Supply Chain Improvement Tools As most of the supply chain folks have faced varying degree of supply chain issues, I thought it would be useful to share some of the supply chain Improvement tools I have used over the years to resolve recurring supply chain issues. Intensive competition, fast technological change, and shortened product life cycles are just a few of the recurring challenges faced by many firms in today’s competitive markets. In last decade many western manufacturing firms have increased outsourcing of component parts and services to independent, external suppliers, while focusing on core capabilities to face these challenges. […]

What is Supplier Development? A Technical Definition

What is Supplier Development? The Term Supplier Development has been used since many decades, however, the scope of the definition was not presented. During my research in Lancaster University Management School, myself and my supervisor believe that there is appetite for update definition, which is presented in this blog post. According to Krause et al. (2007) the term was first used by Leenders (1966) to describe efforts by manufacturers to increase the number of viable suppliers and improve their performance, but no formal definition was presented which covers both the manufacturers and the service providers. One of the first formal […]

2700 Plus Supply Chain Management Terms & Glossary

Managers, academics, students, professionals and practitioners of Supply Chain Management require ready access to a definitive source of current terminology and practice. Over the years I have gathered the most up-to-date glossary of Supply Chain Management terms, concepts and definitions relevant to the subject, which I hope you will find it useful. Salient features of this document include: You can download here for $0.99, 2700 plus Supply Chain Management Terms, which if purchased in paperback format could cost between £21.54 to £55.58.  Easy to use format. Current definitions, based on those given by leading authorities. Key e-commerce terminology. Terminologies also employed […]