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Posts
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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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Top Supply Chain Challenges in 2024
31.05.2024As the global economy evolves, procurement and supply chain management faces unique challenges. 2024 is no exception, with various factors, such as geopolitical tensions, labour and raw material shortages, environmental […]
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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 While the traditional procurement models are becoming outdated, the integration of technology […]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 […]
