Strategic Sourcing

This community focuses on institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company.It will include from where to procure, what to procure, why to procure and who to procure.Not only that it will focus on the bargaining, supply structure and different tools that is used in strategic sourcing.

Tags:	Purchasing,procurement
Category:	Business Area
Industries:	Cement, Chemicals, Construction, Industrial Products/Heavy Machinery, Steel
Functional Areas:	Purchasing
Moderation:	All Members
Visibility:	Everyone
Members:	272
Jobs:	62
Articles:	90
Questions:	33
Debates:	6
Idea Contests:	5

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Topic of the week : Ensuring Sustainability And Profitability Through Effective Risk Management In Increasingly Fragmented Supply Chain Networks Go to Topic

Today the supply chain is more complex and more global than ever....

How to Achieve a Successful Supply Chain

There are seven steps to achieve a successful supply chain. These are; Understand and Communicate: In this we study the business at six different levels. These are Level I: Business As Usual Organizational elements pursuing self interests Level II: Link Excellence The starting point of Supply Chain Excellence Level III: Visibility The next step in establishing a visible presence with other supply chain links Level IV: Collaboration Using visibility to do the work smarter and meet marketplace de

Tool Cost Decision while Costing

Amortize the Tool Cost

Develop the Tool & provide to supplier fro production.

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Debates in "Strategic Sourcing"

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Tool Cost Decision while Costing

134 referals, 5 arguments, 11 views

	Argument added by S.KUMAR, Purchase/Vendor Development Manager, Leading Automotive Co. \| Topic: Ensuring Sustainability And Profitability Through Effective Risk Management In Increasingly Fragmented Supply Chain Networks \| 1 year ago
	Although i always prefer to amortize the cost but find good reason to choose other one also.If a company engages in such a business where stockout cost is very high then other option is better because in such case we can switch the business to other...

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For better result in logisticvs Industry

1 referals, 1 arguments, 0 views

	Referred by Krishan Kumar Nareda, Head management & Business Development, Medi Carrier Pvt. Ltd. \| 2 years ago

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Idea Contests in "Strategic Sourcing"

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Warehouse Procurement - How To Improve Your Procurement System

0 referals, 4 ideas, 362 views

	Argument added by S.KUMAR, Purchase/Vendor Development Manager, Leading Automotive Co. \| Topic: Developing Efficient Warehouse Processes and Stock Control by Understanding the Needs of Industrial Customers \| 1 year ago
	Yes i agree that we you really wants to improve your warehouse procurement you have to use automation but strategically which means first you have to identify the key activities which can be done more efficiently with potential automation.Otherwise...

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Appointments made by DOPT in RAW be made public :: CIC

92 referals, 1 ideas, 0 views

	Referred by Ajay Ziz, CLERK,,, University of Jammu \| 2 years ago

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Trends and Insights in "Strategic Sourcing"

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Expectation Management

0 referals, 0 comments, 0 views

	Referred by Navneet Chandra, Head/VP/GM-HR, Essel Shyam Communications Ltd. \| 2 years ago
	With the Markets showing signs of revival ( slow but it's happening), the pressure on talent management is about to increase. Employee turnover has always been an area of concern especially in the technology industries. Very few tools are available...

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Printers Apprentice 8.0.33

0 referals, 1 comments, 16 views

	Referred by varsha, technical manager(QMS) \| 2 years ago
	Printers Apprentice 8.0.33 Printers Apprentice 8.0 is a fantastic font manager for Windows Vista XP. Whether you are a graphic artist, a publishing professional or a software enthusiast, if you have a lot of fonts, Printer's Apprentice will help you...

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Q & A in "Strategic Sourcing"

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Prevention or Cure; what is healthy for a business?

0 referals, 0 answers, 0 views

	Referred by Ken Blake, Product Development Manager, BootstrapToday \| 1 year ago
	Prevention or Cure; what is healthy for a business? Any organization is always eager in taking risks. These risks are always planned with the view of getting ahead of the competition. We never analyze risks with an intention of prevention of future...

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	Referred by Ajay Ziz, Deputy Registrar, University of Jammu \| 2 years ago
	DATA CAPTURE IS SIMILAR TO BOOTH CAPTURE :: DATA :: INGENIUOS TECHNIQUES ::KAAM DAAM USED TO CULL OUT DATA FROM A SOURCE ?? BOOTH :: 1 FROOTI , 200 RUPEES , LUNCH A PACK OF CAPSTANS TO ALL THE MEMBERS OF MOB ??

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Topics in Strategic Sourcing

Developing Efficient Warehouse Processes and Stock Control by Understanding the Needs of Industrial Customers Go to Topic

10 Essential Features to Look for in a Warehouse Management Solution

The evolution of warehouse management systems (WMS) is very similar to that of many other software solutions. Initially a system to control movement and storage of materials within a warehouse, the role of WMS is expanding to including light manufacturing, transportation management, order management, and complete accounting systems. To use the grandfather of operations-related software, MRP, as a comparison, material requirements planning (MRP) started as a system for planning raw material

5 Tips for Turning Warehouse Inventory Faster

Take a look in your warehouse. See those pallets in the racks? What about all the cases on those shelves? What you are really looking at is this: cash. And since that cash is sitting there in your warehouse, it isn't moving into your bank account. The other thing you see is risk — with that static inventory, there is a higher risk that obsolescence and damage will occur. To get that inventory (cash) moving requires taking decisive steps toward increasing its speed. Inventory velocity is typic

Developing Supplier Relationships- A Supplier’s Perspective Go to Topic

What should be the Strategies for Apparel Retailers in this year ?


	1 As on Price ,Fashion,Quality,4ps
	1 Think through the structures of marketing strategies
	1 Shift from channel-centric to customer-centric mindset

Higher risk for car component suppliers

WHEN it comes to passenger car supplies, Indian companies are clearly on the back-foot. It is not so much a question of business cycles here as technology- and quality-consciousness. Component manufacturers clearly do not have the products to service the globalised Indian passenger car industry. Unlike commercial vehicles, the passenger car industry rides on technology, whether it be in engine management systems, emission control systems, climate control systems or in steering gear accessories.

Corporate Layoffs Go to Topic

Sapient Layoffs 8% staff in India on Feb 12, 2009

Sapient Corp. became the latest e-consultant forced into major cutbacks by the economic downturn, announcing layoffs around 8 percent of its work force in India (Gurgaon) on Feb 12 and warning it won't make its expected first quarter profit. Earleir Sapient fired 160 people in July 2008 without notice. Firings were underway with over 200 more people in PIP bench was already fired on november 2008. On an average sapient fire 1 in every 3 employee. Sapient said it has laid off employees as part o

Is it be better to have wide salary cut rather than lay offs in Corporates?

Wide Salary Cut

Lay offs

Procurement, sourcing, and supplier collaboration Go to Topic

Is there a difference between the terms 'Procurement' and 'Purchasing'?

Top Rated Answer :

Procurement is the acquisition of goods and/or services at the best possible total cost of ownership, in the right quantity and quality, at the right time, in the right place and from the right source for the direct benefit or use of...

6 Approaches to Better Procurement

The primary consideration in the procurement is the need to obtain best value for money in the whole life of the service or facility. The design and operation of the facility should maximize the delivery of effective public services; this is most likely to be achieved through integration of the design, construction, operation and ongoing maintenance. The pressure to reduce cost puts tremendous stress on procurement officers. But procurement isn't simply about getting more for less. Consider t

Identifying the key drivers behind change in the supply chain for Fast Moving Consumer Goods Go to Topic

Why SC in FMCG?


	0 Through IT
	0 Be flexible and responsive
	0 Applying the right strategy

FMCGs: Can your supply chain handle the pace?

The success of the todays business is defined in terms of the accuracy, speed and action of the business processess. Particularly when we are talking of the retailing sector dealing with the cinsumer goods, accuracy plays the vital role. There should be the avaliability of right product, at right place , during the right time and at the lowest possible cost. It is not an easy task to mantain highly efficient supply chain, which forms the backbone of every retailing process. FMCG products form

China and Consumer Electronics Go to Topic

Dalai Lama damaging ties with India: China

While tensions between India and China spill over with visa controversies on both sides, Beijing has now blamed the Dalai Lama for trying to damage ties. On Tuesday, Beijing labelled the Tibetan spiritual leader’s visit to Arunachal Pradesh a ‘separatist’ anti-China action. “The Dalai Lama often tells lies... he’s a national separatist. This attempt to damage relations between China and the relevant countries will not succeed,’’ said foreign ministry spokesman Ma Zhaoxu at a media briefing. Bei

Chinindia is a thing of past. Now it’s only China!!

Chindia is a word that refers to China and India together in general and their economies in particular. The credit of coining the now popular term goes to Jairam Ramesh, a politician affiliated with Indian National Congress Party and now a cabinet minister. China and India are geographically proximate, are both regarded as growing countries and are both among the fastest growing major economies in the world. Together, they contain about one-third of the world's population. They have been named

Identifying & Mitigating Risks in Trade Finance Go to Topic

RISKS IN INTERNATIONAL TRADE

International Trade, particularly exports, gives a business edge to Indian companies because of factors like rupee depreciation, penetration into diversified markets and various incentives offered by the Government etc. Exporters also need to import good quality raw materials in order to make their products more competitive. However there are certain types of risks associated with International Trade. I would like to give a very brief overview of these risks and the risk mitigation measures in

Workshop on Finance for Non Finance Executives

One day Intensive workshop on Finance for Non Finance Executives By eminent speaker. ======================================================== Date: 16 APRIL 2009 Venue- Intercontinental, The lalit, New Delhi Date: 23 APRIL 2009 Venue- JW Marriott, Juhu, Mumbai ------------------------------------------------------- Course Module (9:30 AM- 5:30 PM) Session 1 : P L and Balance Sheet : # Implication of Assets - Fixed Assets and Current Assets two different meaning # Implication of liability -

Total Quality Managment vs. Business Process Reengineering Go to Topic

How is TQM different from BRP in its approach?


	2 "N" Factors - Simple 9 types of differences
	2 TQM Vs BPR
	1 Cultural issue vs Project

Who is responsible

Latest Answer :

Normally, in corporate hospitals the outsourced ward staff are used for housekeeping and other general works. During accidents or infectious diseases, trained and qualified nurses will take care of them, under the Doctors supervision. Ward staff...

Personal Finance Go to Topic

The ABCs of Managing Money

Budgeting isn’t always easy – but it doesn’t have to be impossible. And it’s worth it. You’ll live with less worry now, and endure less headache later on. some basic money management strategies that are as simple as ABC . Follow their guidelines to squash your debt, start saving, and stop wasting money. A lways Keep Track You should always keep track of all of your accounts, and running balances of those accounts – specifically, the ones that you use on a daily basis. This will help prevent

Did you know this?

Incomes that are not taxed! Although the tax man has been vested with the task of collecting taxes on the incomes of the citizens, he has deemed certain kinds of incomes as "not included in total income". Thus if any earning that you receive which falls under these incomes you don’t have to treat it as income or pay tax on it! Let’s take a look at the different incomes that are not incomes! Agricultural Income: Any income which you receive as income from any agricultural activity is deemed as n

Recession wipes out Business Case for Offshoring Go to Topic

Recession Proof Technologies


	5 Data Security
	4 Virtualization
	2 Embedded Technologies

Recession-Can we convert it into opportunity in India?

If Vibrant Gujrat Kind of model is followed all over India--YES

This is far Bigger problem to be solved by such measures-NO

Leading Recruitment Firm.

WE – an organized recruitment resolution services based at Bangalore, pioneer into manifold domain expertise, fanatical to optimize and import innovative recruitment solutions to all organizations, through uninterrupted custom-made services. Our success spans beyond our destiny. From a......

Purchasing,procurement