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

Why the change from ISO 9001:2000 to ISO 9001:2008 ?

Top Rated Answer :

Hi Subhrajit , change is always required for progress. ISO 9001:2008 introduces clarifications to the existing requirements of ISO 9001:2000 and there are some changes intended to improve consistency with ISO 14001:2004 which deals with the...

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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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Why outsourcing can't be stopped?

0 referals, 3 ideas, 205 views

	Idea added by Ajay Ziz, Deputy Registrar, University of Jammu \| Topic: Recession wipes out Business Case for Offshoring \| 2 years ago
	firangs cannot slog like asians. they never accumulate like us .. our sitting levels like a donkey are unmatcable.. so outsourcing shalt stay forever ... no obama can stop it ..

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How API sourcing strategy Play a key role in Pharmaceuticals?

0 referals, 1 ideas, 150 views

	Idea added by Ajoy Mondal, Product/Brand Manager, Ranbaxy Labs \| 3 years ago
	strategy being adopted by API manufacturers is to overcome the regulatory and intellectual property challenges presented by complex polymorphism is to develop amorphous forms of APIs. However, the production of an amorphous form presents other...

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How to develop Sourcing Strategy?

0 referals, 2 ideas, 79 views

	Argument added by Abhijeet Kadian, Sales/BD Manager, Bharat Heavy Electricals \| 3 years ago
	Yes isha you are right,also we must be careful that internal biases do not arise again, such as fear of an internal team member that the new purchasing pattern may develop additional work load for them, or that the logistics and material handling may...

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Ways to Cut Costs on IT Procurement

0 referals, 0 ideas, 8 views

	Idea added by Abhijeet Kadian, Sales/BD Manager, Bharat Heavy Electricals \| 3 years ago
	Many IT procurement personnel are not aware of complex pricing matrixes that are specification-driven as well as item quantity driven. Hidden IT procurement savings like these can usually only be realized when the procurement department works with a...

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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

Warehouse Designing

Everyone is talking about Supply chain everywhere especially in India where there was no focus on other areas apart from production sales. SCM has become a buzz word with every organization trying to do something in it. The increased awareness has brought the spot light on the fields of Supply Chain Management (SCM), Logistics Reverse Logistics. Since, the initial learning phase of the curve is over, Indian industry is seriously looking at SCM as a management tool. Most of the organizations are

Warehouse Procurement - How To Improve Your Procurement System


	3 Automation
	2 5 'S'
	0 Proper Technology

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

1. Future Technology - Free Energy

Yes

Global supply chain risks

Are you aware of the tained imports from china, and other cases of supply chain risks?? Experts say the emergence of these deficient goods highlights the risks associated with today’s global supply chains. The far-flung networks of suppliers and transportation systems connecting them to their destinations present a new set of challenges. Another important problem is visibility, ie the company is not able to keep track on all the people in the supply chain because of its wide distribution. Foll

Corporate Layoffs Go to Topic

Layoffs soar as India plunges deeper into recession

Have listed layoffs till Jan. The employers covered are across different industry verticals. Add what you hear to the list. Company City # Layoffs When Sapient Gurgaon 8% Feb-09 Mastek Bangalore, Hyderabad 429 Feb-09 Motorola Bangalore, Hyderabad 500 Jan-09 Polaris Chennai 480 Jan-09 Unitech Delhi 20 Jan-09 Sun Microsystems Bangalore 200 Jan-09 Apollo DKV Insurance Delhi NA Jan-09 eminlabs hyderabad 4 Jan-09 PROCALL - AGRANI Bangalore 15-20 Jan-09 Lionbridge Technologies Mumbai 100 Jan-09 Motor

“Layoff survivor syndrome” - A Motivator or A Nightmare...

A Motivator

A Nightmare

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...

Why should you Involve Suppliers In Your Lean Journey


	0 Pull
	0 Identify the value stream
	0 Specify value

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

What could be the initiatives that a FMCG company could do to improve Supply chain?


	3 Appropriate distribution network.
	2 Supply-Chain Integration through Information Sharing
	1 Proper Infrastructure

Why SC in FMCG?


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

China and Consumer Electronics Go to Topic

Will you buy Chinese mobile phones?

Yes

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

Identifying & Mitigating Risks in Trade Finance Go to Topic

Problems in Trade finance


	0 Costs of financing trade
	0 Less support from banks

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

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

Relevance of Quality

Investment in Quality is worth it

Go Slow on Process Quality investments

Personal Finance Go to Topic

GETF vs Physical gold

Yes

What is FINANCIAL Freedom...???

Top Rated Answer :

Rajeevs Answer holds really good, "WHEN YOUR MONEY STARTS MAKING YOU MONEY" then it is called Financial freedom, believe me i am into investing...the way one makes money in this is like real good, but then it has its own risks...every one has...

Recession wipes out Business Case for Offshoring Go to Topic

We indian ready for Leed....Or we have to atopt our own methid ????

Recession Proof Technologies


	5 Data Security
	4 Virtualization
	2 Embedded Technologies

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Purchasing,procurement