Masters in Supply Chain Management – Top 6 Universities in the U.K.

Masters in Supply Chain Management why do you need one? By definition, Supply Chain Management focuses on how to economically and efficiently manage the supply-chain systems in place for the smooth movement of the product or service from the supplier to their client thus increasing a business’ competitive advantage.   It sounds simple enough! However, in today’s international market, the client is continually sourcing their suppliers globally to ensure that their product or service meets their customer’s demands at the lowest cost yet highest profit margin so as to stay competitive and relevant in their field. This makes the modern […]

What is Direct and Indirect Supplier Development Process?

Definition of Direct and Indirect Supplier Development Process In my research I have found 14 papers that have discussed Supplier Development process as being either: direct; or indirect (Humphreys et al., 2004; Krause et al., 2000a; Modi and Mabert, 2007; Wagner 2006a; Wagner 2006b; Hines, 1994; Giunipero, 1990; Krause, 1997, Wagner, 2011; Inemek, 2011). Wagner (2006b) defines indirect Supplier Development process as when “the buying firm commits no or only limited resources to a specific supplier. There is no active involvement of the buying firm in the supplier’s operations, and know-how transferred from the buying firm does not occur”. Instead, […]

13 Possible Nightmares That Stops You to Provide Great On-Time Delivery Performance

On-Time Delivery Performance is one of the key metric in Supply Chain which represents customer service levels an organisation is providing with given resources. Why do we want to measure On-Time Delivery Performance?   It is primary metric in order to drive continuous improvement of service levels and differentiate our service offering from your competitors. It is the best way to understand the lead time requirements of customers. What is On-Time Delivery Performance?:   This metric measures on-time performance to customer’s requested ship date (Goods Issue Date) at the sales order line level. Schedule line percent on-time and complete to […]