eCommerce
has already a transformational impact on the way that most companies do
business. Change has been rapid and fundamental, partnerships and business
governance. As the economic assumptions that formed the basis for success in
the old world are being overturned, eCommerce is increasingly affecting the way
in which supply chains operate. Interaction and collaboration costs have been
slashed. Physical assets are no longer the cornerstone of competitive success
and value propositions.
Saturday 25 October 2014
Thursday 23 October 2014
Maximizing Sourcing Value
So, to recap – this is the 3rd briefing in the 2014 series
of industry briefings. Previously we were walked through ‘DiscoveringOpportunities through Spend Analysis' by Majda Belghar and then Henry Shepperd
discussed 'Managing your Supplier Community'.
The common category discussed in the briefings to date is
Facilities Management and in this briefing we attempt to retain that link as we
move on to the tendering phase and beyond.
This briefing will go into detail around what value is and
the various tools available and when it's appropriate to use them.
Look out for the final briefings in the series on Managing
Supplier Risk coming up in November!
Tweet
Tuesday 21 October 2014
Marketing Procurement Managers Ensures Cost Savings
Authored by Usman Ghani
A recently survey defined that around 42 percent of the companies use
marketing agencies for there procurement.a marketing procurement managers are
mostly technically goods in generating results in healthy procurement, they can
manage and create strong relationship with vendors, there intellectuals are
good with vendors and in the market.
Friday 17 October 2014
Spend Management Strategies
Today many businesses are looking
to cut costs by reducing staffing and lowering the quality or quantity of
products sold. The studies have found that those methods are not a long term
solution nor do they lead to growth. Instead, companies those are most
successful look for ways to lower costs by finding and cutting unneeded or
excess spending and to reducing costs of materials through volume discounts and
automation of supply chains.
Monday 13 October 2014
Real values of eProcurement and Strategic Sourcing
Authored by Junaid Khan
eProcurment is the
value-added application of eCommerce solution to facilitate, integrate and
streamline the entire procurement process, from consumer to supplier and back
again. eProcurement initially become synonymous with the automation of order
placement transactions, often referred to as eRequisitioning or eTendering.
eRequisitioning enables users within as organization to use a simple web
browser tool to place orders with suppliers from an electronic catalogue of
pre-negotiated items. eRequisitioning applications have been used but many
companies to introduce a common, simplified system-based purchasing process to
reduce the maverick buying that is prevalent in indirect procurement spend
areas.
Thursday 9 October 2014
The Most Effective Cost Reduction Tip is first to stream line your Supply Chain Process
Authored by Usama Shahid
Over
the past years I have looked at the sourcing, procurement and payments processes
in different companies from various industries.
Thursday 2 October 2014
Provocation of Supply Chain Management
Authored by Fahad Amjad
Current supply chains are growing in convolution due to many factors. The customers
are demanding unconventional products at their earliest and at a reasonable
price. This factor creates challenges for companies since creating both responsive
and cost-effective supply chains is critically very difficult. Few of challenges has been
highlighted in this discussion.
Subscribe to:
Posts (Atom)