supply chain stakeholders

5 Reason why Your Finance Manager is Amongst Your Key Supply Chain Stakeholders

As most of us know, finance is an important function to any organisation as the company has to know how viable its balance sheet and profit and loss (P&L) statement is. The head of this function generally titled as Finance Manager is amongst the key supply chain stakeholders in my opinion. Generally finance managers are responsible for business activities like budgeting and sales forecasting, accounting, reporting, bookkeeping, audits, payables and receivables, pay employees wages and salaries, prepare and plan internal financial information and prepare for never ending audits!   However, nowadays they are require doing more to involve in innovation […]

APICS vs ISM

APICS vs ISM – What Should You Choose?

With the ever-growing talent and competition in today’s fast-paced environment, everybody is looking for ways and opportunities to outperform their peers. If you want to enhance your skillset to further your knowledge and stay updated with the current concepts and technologies in the supply chain industry, you can consider getting a professional certification in APICS or ISM or CIPS. To make things easy to understand and choose the certification that suits you best, here are the differences between APICS vs ISM. This will serve as a guide in helping you get an overview and the types of certifications offered by […]

Logistics Competencies

6 Must Have Logistics Competencies for Supply Chain Professionals

Logistics activity is literally thousands of year’s old, dating back to the earliest form so organized trade. As an area of study however, it first began to gain attention in the year 1900s in the distribution farm products1.  Considering logistics is a broad, far-reaching function which has major impact on a society’s standard of living, logistics competencies are difficult to master. In the current day and age we just take it for granted that when we go to our favorite shopping center we will find our favorite food, clothes and other items conveniently. This won’t be possible without the logistical […]

Supply Chain Manager

8 Habits of a Highly Effective Supply Chain Manager

A good well-rounded Supply Chain Manager is always in high demand, but they are in scarce supply in my opinion! You just need to look around how many jobs are available with title of “Supply Chain Manager”. I have worked as a Supply Chain Manager for 5 years in two entirely different businesses and in the process I have seen and worked with lot of Supply Chain Managers either as colleagues or Suppliers or sometime as Customers. There are several habits that many successful Supply Chain Managers have in common. Sometimes these habits form naturally, but they are more often […]

Supply Chain Management Book

Which is The Best Supply Chain Management Book? Top 7 for Beginners

“Which is the best Supply Chain Management Book for beginners like me to learn operations and supply chain?” someone ask me on Quora. And I thought I could write a blog on this and can mention 7 of them, rather than 1!  Although Supply Chain Management can be encapsulated in a definition presented in my old blog here, however, these definitions explode into an immeasurably vast field not only for studying but also for working within. There are so many sub-fields and branches that it can be quite confusing to determine which area you wish to study or specialise in. […]

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 […]

supply chain competencies

8 Must Have Supply Chain Competencies

The underlying Supply Chain technical competencies are skills, knowledge and characteristics that support the effective performance as Supply Chain professional. Given the global Supply Chain demands Supply Chain professional should never stop developing new skills and enhancing existing ones. Here are 8 core supply chain competencies that Supply Chain professionals need to master and continually improve (in no particular order!). 8 Technical Supply Chain Competencies   1.    Capacity Planning Assuring that needed resources (e.g., manufacturing capacity, distribution center capacity, transportation vehicles, etc.) will be available at the right time and place to meet logistics and supply chain needs. In other […]

APICS VS CIPS – What Should You Choose?

Lot of Supply Chain and Procurement folks who are in early stage of their ask me should they go for CIPS or APICS qualification. Depending on their career aspiration to either grow in Supply Chain in general or become specialise procurement professional I give them advice accordingly. Like most good things in life there is no right or wrong answer, it is only the matter of preference. Therefore, I thought a comparison of two leading supply chain bodies and their qualification will be useful and I hope it will make the decision making easier for aspiring Supply Chain and Procurement […]

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. [purchase_link id=”431″ style=”button” color=”orange” text=”BUY NOW”] Easy to use format. Current definitions, based on those given by leading authorities. Key […]