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inventory management

Warehouse Equipment Checklist!

Optimizing operation costs is inevitably a top priority for almost every business, as their plans and strategies revolve around clogging maximum profit margins. With every field being fortunate enough to receive a makeover, shipping methods too have been blessed by the pragmatic effects of technology, and the idea of eliminating large warehouses has been further…

Can Supplier Scorecards Work in Reverse?

Supplier scorecards have become dime-a-dozen in a number of organisations, providing procurement personnel with an opportunity to grade their suppliers performance and offer valuable feedback. However, what if we change positions? And let suppliers’ grade procurement professionals? The idea looked intriguing enough, so we thought we’ll delve deeper and rummage some interesting discoveries. Enabling your…

A Definitive Guide To Organizing Your Company’s Purchasing Process. Part-1

When it comes to operations management, purchasing process is the most shunned and least-understood areas. Owing to this, purchasing is an open resistance for most of the organisations that end up with arbitrary and futile purchasing processes, which keeps them from the triumph they had longed for. What could be a particular solution? Getting hold…

Using Technology to Foster Relationship Between Buyers and Suppliers

Using Technology to Foster Relationship between Buyers and Suppliers

Technology improves efficiency and reduces the cost of any process, there’s no doubt in that. However, the problem pertaining to technology is that it’s often under-utilized. When it comes to the supply chain, technology can make a significant impact. Using the help of technology not only internal operations can be improved upon, but also the…