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Posts
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European Supply Chain Act – Key Insights
21. November 2024On 24 May 2024, the European Parliament passed the EU Supply Chain Act, requiring European companies to uphold human rights and environmental standards in their supply chains. The law targets […]
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Optimising Tail Spend in Engineering: Unlock Savings & Boost Efficiency
08. November 2024Tail spend (or long tail spend), often dismissed as inconsequential, can quietly erode an organisation’s bottom line. This seemingly minor expenditure on low-value, high-volume items can quickly spiral into a […]
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Sand Casting – Process, Sand Properties, Pros & Cons
30. October 2024Sand casting, though an ancient technique, has seen remarkable advancements and remains highly relevant in the 21st century. This process, with roots tracing back nearly 5,000 years to ancient Egypt, […]
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Sustainable Procurement 101: A Comprehensive Guide for Businesses
18. October 2024Balancing People, Planet and Profit In the modern business landscape, sustainability is no longer a mere buzzword; it’s a strategic imperative. Companies increasingly recognise the need to operate sustainably, not […]
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Risk Assessment Matrix – What Is It & How It Works
10. October 2024Imagine a project running smoothly, then suddenly running into a roadblock. Missed deadlines due to unforeseen delays, or budget overruns caused by rising transportation costs. These are just a few […]
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Centrifugal Casting – Working Principle, Types & More
01. October 2024Centrifugal casting is a distinct casting process that uses kinetic energy from spinning dies to shape molten metal into cylindrical products. The process offers great reliability and precision and is […]
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Target Costing: A Blueprint for Procurement Engineers
26. September 2024Achieving cost efficiency while delivering high-quality engineered solutions is essential for success. Target costing is a strategic approach that integrates cost management into both product design and development, ensuring that […]
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Fractory Funded by SmartCap Green Fund
19. September 2024Fractory has announced they’ve raised further funding from SmartCap Green Fund to spur growth in the UK and Scandinavia. Fractory’s mission is to make the resource-intensive metal industry more efficient […]
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Direct vs Indirect Procurement – What’s the Difference?
11. September 2024From raw materials to office supplies, procurement is the backbone of any business. It involves the entire acquisition process, from identifying suppliers and negotiating contracts to managing deliveries and ensuring […]
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Die Casting – What Is It, Process, Types and Benefits
26. August 2024Die casting is a casting process used across the industry to create high-precision metal parts from die casting alloys. This article will explore this process to understand how it works, […]
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Supply Chain Issues: Transportation Cost
15. August 2024Supply chains constantly face several challenges, including fluctuating demand, inventory shortages, and port congestion. Among these, rising transportation costs have emerged as a significant concern. High fuel prices, shortage of […]
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Source to Contract
09. August 2024Source to Contract (S2C) technology can help to optimise the upstream procurement processes Optimising upstream procurement processes is essential for organisations striving for efficiency and competitiveness. Source to Contract processes […]