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Posts
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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 […]
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Investment Casting – Working Principle, Process & More
01. August 2024Like sand casting, investment casting is one of the oldest casting processes practiced already in ancient civilisations. Dating back to 3700 B.C. in the Levant region for making jewelry, ornaments, […]
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Supply Chain Issues: Port Congestion
23. July 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. June 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. June 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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Metal Casting – Definition, Process & Types
07. June 2024Metal casting is a manufacturing process that involves melting metals and pouring them into moulds to form specific shapes. It is primarily used in the manufacturing industry to produce various […]
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Top Supply Chain Challenges in 2024
31. May 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. May 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. May 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. April 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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Precipitation Hardening – How It Works, Benefits & More
10. April 2024Precipitation hardening, also known as particle hardening or age hardening, is a heat treatment method used to increase the yield strength of many different metals, including most structural alloys. The […]