Photo By Ekahardiwito MRO procurement has evolved beyond the traditional process of simply obtaining goods and services that are essential for the smooth running of production assets. Today, procurement and operations teams have to closely work across multiple tiers from…
MRO purchasing costs rise when suppliers proliferate and the same part exists under multiple SKUs. Procurement teams end up negotiating in the dark and buying reactively. These cost improvement strategies focus on the root causes – visibility, standardization, and disciplined…
The food and beverage industry certainly took a hard hit from the Covid-19 pandemic. Unfortunately, the lingering effects of the global pandemic were just the start. The raw material shortage caused by the ongoing Russia-Ukraine war, stubborn inflation, and labor…
Climate change is the defining issue of our time. Now more than ever, we are feeling the consequences of centuries of poor environmental practices. From rising sea levels to shifting weather patterns, the impacts of mostly relying on non-renewable sources…
Supplier reliability is not a nice-to-have in manufacturing – it is a direct input to uptime. Late deliveries, quality issues, and inconsistent availability force emergency buys and inflate inventory buffers. This guide covers the practical dos and don’ts for improving…
Photo By Blue Planet Studio As companies grow, their supply chains become increasingly complex and difficult to manage. A point is reached where it no longer makes sense to keep using traditional, on-premise systems to keep up with a rapidly…
Photo By Blue Planet Studio Are you wondering what to do with obsolete inventory? Advancements in modern technology have completely changed the global supply chain landscape and continue to have a massive impact on how businesses operate today. While some…
Photo By Blue Planet Studio Despite the latest drop in CPI percentage, inflation remains high, economic uncertainty continues to swirl, and consumer savings are dwindling. As a result, demand is dropping, and the word “recession” continues to be tossed around…
Photo By Blue Planet Studio The Covid-19 pandemic certainly shook the aviation industry’s supply chain to its core, nearly paralyzing companies for a time. The situation has been exacerbated further by other disruptive events such as the Russia-Ukraine war, labor…
Photo By Soonthorn Regulatory change, a growing need for energy solutions, and disruptive geopolitical events have thrown the energy supply chain for a loop. With so much change, optimization strategies that once worked are no longer sufficient. What will this…
