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Posts
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Supply Chain Issues: Port Congestion
23.07.2024Port congestion poses a significant challenge for shipping and delivery services worldwide. Ports are vital hubs for moving goods, and handling tasks like customs clearance and transportation. When congestion occurs […]
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Cost & Value Engineering
26.06.2024In today’s competitive environment, maximising the efficiency and effectiveness of resources is crucial. Value Engineering and Cost Engineering offer robust strategies to achieve this goal. As systematic methodologies, they focus […]
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Kraljic Matrix Explained
24.06.2024The Kraljic Matrix, developed by Peter Kraljic in the 1980s, is a powerful tool used in procurement and supply chain management to categorise and prioritise purchases and suppliers based on […]
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Supplier Tiers Explained
16.05.2024Supply chains have evolved into complex networks of interconnected suppliers who collectively provide the materials, services and essential components needed to create a finished product. Managing these relationships effectively is […]
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Understanding Procurement – What Is It, Types & Process
08.05.2024Have you ever wondered how that complex bridge gets built or that sleek new gadget gets manufactured? It all starts with procurement. The success of any engineering project relies on […]
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Procurement and Supply Chain Risks in EPC Projects
23.04.2024Engineering, Procurement and Construction (EPC) projects are becoming one of the most common methods to implement, large, complex projects. Undertaking EPC projects involves a meticulous approach towards planning, sourcing, and […]
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Procurement Transformation: A Holistic Approach with Technology Integration
03.04.2024In today’s rapidly evolving business landscape, procurement transformation is no longer a matter of choice but a necessity. While the traditional procurement models are becoming outdated, the integration of technology […]
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Supplier Relationship Management
11.03.2024In today’s dynamic business environment, Supplier Relationship Management (SRM) stands out as a crucial and significant avenue for optimising the impact that procurement and supply chain management can have on […]
