Archive for December, 2015

Merger Plans of Dow and DuPont – What are the expectations from the merger?

Dow Chemicals and DuPont are two historic giants in the chemical industry in US with significant presence in the market for a very long time. Dow Chemical Co. was founded in 1897 and has been one of the largest chemical manufacturers in the world in terms of revenue and market capitalization. Dow operates with 53000 workers in 160 countries in […]

by · December 31, 2015 · Supply Chain

Negotiation

Differences between the parties on certain issues is a part of life. It may be an issue related to a family matter, work, shopping, and service at the hospital, journey, business or even political issues at international level. Negotiation is an effective tool to sort out the differences. Parties involved in the discussion on a negotiation table put forward the […]

by · December 28, 2015 · Supply Chain
A very Merry Christmas from Supply Chain Station to all our followers

A very Merry Christmas from Supply Chain Station to all our followers

Christmas comes but once a year and when it comes it brings great cheer. Bearing that in mind, here is a whimsical little “ditty” to reflect on the festive season, without totally forgetting the blood, sweat and tears that go into keeping our global supply chains running smoothly all year round, enabling us to eat, drink, and celebrate this wonderful […]

by · December 21, 2015 · Supply Chain

Hazardous Materials and the Danger

Industries use many materials such as raw materials, fuels and consumables. Raw materials are the materials which are used for the production of the final product. They are part of the finished product manufactured. Consumables are the materials which are essential in the manufacturing process but do not become part of the finished products like oils and lubricants. Fuels are […]

by · December 21, 2015 · Supply Chain
Is the writing on the wall for marketing procurement professionals?

Is the writing on the wall for marketing procurement professionals?

In a surprise announcement made last week PepsiCo announced that they are to shut down their marketing procurement department. The question is why and in absence of an explanation from PepsiCo themselves there is plenty of conjecture about. Brand teams to take over marketing procurement What PepsiCo have said is that they are shifting the responsibility for marketing procurement back […]

by · December 21, 2015 · Procurement
Technology Innovation in Cutting Operations Time in Warehouse

Technology Innovation in Cutting Operations Time in Warehouse

Warehousing is an important activity in the industry. Whatever may be the nature and size of industry, warehouses are needed to keep the materials safely and provide materials promptly when needed. Warehouse enables the manufacturing companies to store materials and spares required for running, repairing and maintenance of plant and machinery. Warehouses are also used to store the finished goods […]

by · December 18, 2015 · Warehouse, WMS
The evolution of the procurement function and the CPO to meet new global demand

The evolution of the procurement function and the CPO to meet new global demand

Today’s top Chief Procurement Officers (CPOs) do so much more than simply procure. It’s not simply about buying goods and services, it also about helping to nurture your suppliers. If you look at how the Chartered Institute of Purchasing and Supply describe procurement they say, “Procurement and supply management involves buying the goods and services that enable an organization to […]

by · December 14, 2015 · Procurement
The Strategy for Optimization of Handling, Transportation and Warehousing

The Strategy for Optimization of Handling, Transportation and Warehousing

In today’s competitive environment, every organization is striving to achieve an edge over its competitors. Competition is on the cost of product, quality of product, delivery of products and after sales service. Everyone is therefore trying to optimize the cost of product by various means without sacrificing the quality. At the same time organizations are keen to reduce any wastage […]

by · December 11, 2015 · Transportation, Warehouse
The challenges facing tomorrow’s procurement professionals

The challenges facing tomorrow’s procurement professionals

According to research recently carried via the “2015 Return on Supply Management Assets,” the best performing procurement departments both in Europe and the United States are delivering financial benefits worth more than 7.5 times the cost of the investments sunk into the supply chain procurement process. Procurement team performance in supply chains across Europe and the US The research document […]

by · December 10, 2015 · Procurement
Improving Productivity in Order Picking to Reduce Cost

Improving Productivity in Order Picking to Reduce Cost

E-commerce has become very popular with the customers who want to do shopping conveniently from the home, office, or from any other place at their convenient time. The busy- customers have little time for going to the shopping mall and look for the items on the racks spread over the large area. With E-commerce, the customer has the choice of […]

by · December 9, 2015 · Distribution, Warehouse