How many suppliers should you involve in your logistics outsourcing tender? Logistics outsourcing requires a structured process to ensure success. One common question is how many suppliers to involve in the tender process. Whether it’s called a Request for Tender (RFT), Request for Proposal (RFP), or Request for Quotation (RFQ), the goal is the same: to gather qualified bids for services like warehousing and distribution…
Supplier Relationship Management is vital, but many organizations still fall short in getting it right. What are the common pitfalls in SRM? Without proper attention relationships can falter after the initial stages. Many businesses only focus on meeting KPIs, but this approach limits potential. Suppliers often have expertise and innovation to offer, and SRM provides the framework to tap into these advantages…
Finding the right 3PL provider is often a struggle for businesses, especially when outsourcing warehousing or transportation services. Companies frequently make mistakes during this process, which can lead to poor decisions and costly outcomes. To ensure success, it’s important to approach this process as an informed buyer and avoid relying on outdated methods, like using Yellow Pages…
The success of Sales & Operation Planning (S&OP) often depends on one critical factor: the active involvement of the Managing Director (MD). While many focus on processes, data, and cross-functional collaboration, the real difference-maker is the MD’s leadership. Without an engaged and committed MD, even the best S&OP frameworks can quickly lose their impact and fail to deliver the expected results…
Effective supply chains start with understanding demand. Is the organization using advanced tools, or are they relying on spreadsheets? Forecasting accuracy is vital but challenging, especially in industries with fluctuating or seasonal demand. A robust demand planning system can make all the difference in ensuring smooth operations…
When stepping into a new role or company, it’s crucial to quickly grasp how the supply chain functions. This week’s focus is on the physical side—how products flow from receipt to delivery. Observing these processes firsthand not only helps you get up to speed but also uncovers opportunities for improvement. While this discussion highlights logistics, the next session will dive into performance tracking and systems…
Here are our 12 S&OP (Sales & Operations Planning) must-haves. What else would you add?…
Is Sales and Operations Planning post-COVID different to pre-COVID, and if so, why, and how?…
How to identify and fix your profit leaks? Here’s a real-life example…
Thinking of a career in Supply Chain? Are you suited to it? Watch this episode…