Planning for effective Sourcing in Procurement process

Roger OakdenGlobal Logistics, Procurement, Supply Chains & Supply NetworksLeave a Comment

Know your supply markets

Procurement process A solution from one commentator concerning increased complexity was to automate the Procurement process, utilising Artificial Intelligence (AI). While IT applications can assist with the work, this suggestion illustrates a misunderstanding of the Procurement process. There are three main elements within the sequence of Procurement: Sourcing – understand and (where possible) influence supply markets Purchasing – buying a … Read More

Procurement Risks are input to your Supply Network Risk

Roger OakdenGlobal Logistics, Procurement, Supply Chains & Supply Networks2 Comments

Risk in Procurement

Supply Network Risk Management The COVID 19 pandemic and disruptions to supply chains has provided an opportunity for organisations to review the effectiveness and inherent risks of their supply chains and the suppliers within them. The review is undertaken by senior management, providing their input concerning the corporate approach to supply chains. The review should consider the: Trade-offs between the … Read More

Strategic items in your supply chains require attention

Roger OakdenGlobal Logistics, Procurement, Supply Chains & Supply NetworksLeave a Comment

Supply markets knowledge

A direction for Procurement As the COVID 19 pandemic progresses, so commentators discuss the ‘new normal’ and effects on supply chains. One of the most common observations is to reduce dependency on suppliers from China and to move away from sole or single source supplier arrangements. But, is this good strategic sourcing or just a response to immediate events? Strategic … Read More

Learn new Supply Chain skills in software technologies

Roger OakdenGlobal Logistics, Logistics Planning, Supply Chains & Supply NetworksLeave a Comment

Logistics students learn together

Technology adoption by LSP and shippers As countries emerge from COVID-19 lock-downs, questions are asked in the media concerned with implementing a different business models and adjustments to the supply chains of businesses. Commentators have also expressed opinions that these actions will increase the use of ‘new’ technologies through supply chains. This opinion is more likely to be correct for … Read More

Understanding the Risks in your Supply Chains

Roger OakdenGlobal Logistics, Logistics Planning, Supply Chains & Supply NetworksLeave a Comment

supply market intelligence

Gathering data and information in supply chains The current pandemic has exposed a situation that, even with more data produced than ever before, companies in general do not have a good understanding of their supply chains. This includes risk exposure and alternative responses to supply challenges that may arise. A company’s supply chains can consist of multiple businesses and assets, … Read More