Mechanical Engineering Blog
Tag: tips for engineering
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Posts
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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 […]
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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 […]