JIT Supply Chain

11 Supplier Selection Factors to Establish JIT Supply Chain

In a JIT supply chain, reliable suppliers will reduce supply uncertainty and make the supply chain more effective, therefore supplier selection is crucial. However, Purchasing in JIT environment is different and therefore it requires a slightly different mindset for selecting suppliers who can survive in JIT Supply Chain long term. Researchers1 suggested that the selection and evaluation of supplier’s ability to delivery in JIT Supply Chain should be based upon the following factors: JIT Supply Chain- Quantitative & Qualitative Supplier Selection Factors 1.      Delivery of a Quality Product 2.     Delivery On-Time. 3.     Frequent Deliveries. […]

Supplier Quality

Brief Guide to Supplier Quality & Supplier Development

Why Focus of  Supplier Quality & Supplier Development? Supplier Quality is responsible to track and improve our approved suppliers’ performance in terms of number of complaints, caused line stop/ escapes, DPPM (Defect parts per million). We value our suppliers and in the meantime challenge them to take responsibility and ownership in our effort to continuously improve our services and product quality. Each business level should define its weakest supplier pool (Focus 5) where shared efforts with impacted suppliers must be carried out in order to gain acceptable quality level as defined in your company Quality Objectives. The reason of the […]

6 STEPS TO INTENSIFY BUYER SUPPLIER RELATIONSHIP

In the supply chain literature as well as in business environments Supplier Relationship Management and Buyer Supplier Relationship have multiple definitions, shapes and extensions. There are diverse interpretations, especially considering that the determinants and their perceptions changed throughout the time. Yet, due to the globalisation, economic and political turmoil, a stable and intense Supplier Relationship Management is more imperative than ever. Hence, we tried to find the benefits and key approaches and techniques for enhancing the Buyer Supplier Relationship. Firms put emphasis on having good supplier-relationships and profit by doing so in long-run. Previously, however, this technique is sometimes instinctive, […]

How to Create a Supply Chain Strategic Plan

How to Create a Supply Chain Strategic Plan that Will Work for (Nearly) Any Business

2017 is about to start with new set of goals and challenges; it can be hard to know where you should first focus your efforts and what your supply chain strategic plan for coming year should be. After all, by now you’ve probably read so much about supply chain strategic plans that you’re left feeling overwhelmed and not sure of what needs to be done. When you feel like this, it’s important to take a step back and create your plan. In this post, we’re going to take a look at how you can create a supply chain strategic plan […]

Become Value Added Service Provider

Become Value Added Services Provider & Build Trust with Your Customers

The challenges of managing expectation and driving improvement for end customer can be challenging. For this reason, becoming Value Added Services Provider is becoming more and more important for manufacturers. In the coming years, I believes that industrial customers would seeking their suppliers’ assistance on an initiative-by-initiative basis to reduce complexity in supply chain, improve assembly configurations, provide out of the box environmental benefit, less packaging, reduce total cost of acquisition, improve quality and become thinking partner to drive total value addition in supply chain.  In this blog I examine the dynamics of industrial customer changing requirements by answering the […]

low cost inventory management software

3 Low Cost Inventory Management Software You Can Buy from Amazon

The success and failure of a business can be determined by the efficacy of the inventory management practices it employs. Certainly, poor inventory control can lead to cash flow problems or customer service issues. It is for this reason that few people have asked me on social media if I can recommend some low cost inventory management software. In very simple terms the main goal of inventory management is high stock turns (low Days on Hand), ensuring low operating costs and greater customer satisfaction. Organizing and managing your entire inventory manually on spread sheets could be difficult task. However, with […]

strategic sourcing and purchasing

STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES

Procuring materials for the intention of production, sales and service fulfilment is indispensable for every single business. However, the approaches, strategies and implementations differ immensely. We use lot of terms like strategic sourcing, procurement and/or purchasing. In this blog we tried to explain the difference between Strategic Sourcing vs. Purchasing.   Strategic Sourcing refers to making Supply Chain Management decisions with the intent to create distinctive value and to achieve a competitive advantage. Sollish & Semanik, (2011) claim that it is an old function and has had its roots from the commencement of purchasing philosophy, whereby traditional buying dealt with […]

Supply Chain Blogs

20 Best Supply Chain Blogs and Websites You Should Follow

The supply chain industry must constantly evolve alongside the audiences it attempts to reach. I’ve often said that the one main secret to my success is my possession of an unquenchable thirst for knowledge and curiosity. Without that, it’s hard to stay relevant in a space that changes so rapidly. That being said, where can supply chain professionals go to learn from influencers within the industry? Are there many supply chain blogs or websites? Not many would think of blogging about supply chain as a necessary activity for those in the business, but it is one of the most economical […]

supplier relationship management

2 Strategic Ways to Improve Supplier Relationship Management

Buyer and supplier relationships can only occur if both sides obtain some gain from trade that occurs between the supply of goods or services and their exchange for money, is this a good enough reason for supplier relationship management? Probably yes because no one would trade with anyone else if both sides did not gain something that they value from the exchange relationship. Whether we like it or not, whether we want to say that out loud or not, for me the buyer and suppliers primarily indulge in exchange relationship in order to satisfy their desire for money and benefit […]

Logistics Management Books

7 Best Logistics Management Books You Should Read

There are so many different facets and books for Supply Chain Management; it can be overwhelming when it comes to actually choosing which reference book(s) to purchase. To help readers I have recommended these 7 Supply Chain Management books for beginners. Some readers have asked me can I recommend Logistics Management books which leads me to write this blog. Best Logistics Management Books In this blog I will give you my pick of the 7 Best Logistics Management books out there that I believe not only help with the theoretical, ideal scenarios but will equip you to tackle and adapt […]