Supply Chain June 20, 2022
New Product Development: How to avoid failed launches?
It is every organization's dream to launch new products. A successful product launch puts the organization on the map and opens the door to new possibilities. Consistently introducing new products to the market also indicates ...
Read more..Supply Chain May 25, 2022
Direct Material Procurement Life Cycle Guide - Part 1
The objective of this guide is to explain the Direct Material Procurement Lifecycle — details, exceptions, and complexities — in the context of product manufacturing industries. This would include companies in such industry sectors but ...
Read more..Supply Chain May 09, 2022
Strategic Sourcing: Why is it important? And How to Implement it?
Direct material procurement is a complex and mature process. It requires extensive collaboration among internal and external stakeholders across the entire procurement lifecycle. For product manufacturing companies in any industry, the fluctuating cost of direct ...
Read more..Supply Chain March 30, 2022
The Global Sand Shortage: One more Reason to Build a Crises-Proof Supply Chain
Sand is a ubiquitous commodity. We know that sand is present everywhere, blanketing deserts, lining coastlines, and covering riverbeds. From the Sahara to Arizona, there are billowing dunes of these brown granules everywhere. Yet, there ...
Read more..Supply Chain September 28, 2021
Supplier Management : A modern & automated approach
Supplier Management: In traditional Supplier Management, the focus was only on cost reduction. The buyer-supplier relationship did not extend beyond that. Today, it is recognized that Suppliers play an important role in the long-term success ...
Read more..Supply Chain September 26, 2021
SCRM : Mitigating Supply Chain Risks with a Resilient Procurement Platform
Supply chain risks: Unforeseen delivery bottlenecks put companies under acute pressure to act. Events such as the COVID-19 pandemic, blocking of the Suez Canal, or fire at one of Renesas’ factories (Supplier for automotive controller ...
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