A successful vending program will result in mutual benefit for the distributor providing the solution and the customer using it. This article is a case study about how industrial distributor Machine Tools Supply has achieved success by focusing on designing its vending solutions around customers’ unique needs. [Read More…]
KOLKATA, NOV. 10: Rick D. Blasgen, President and CEO of the Council of Supply Chain Management Professionals (CSCMP) will be visiting India this week. According to a CSCMP statement, as part of his multi-city tour in the country, he will be meeting with the supply chain and other industry leaders, members of various chambers of commerce in Kolkata, New Delhi and Mumbai. [
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Leaders need to design a supplier portfolio based on expected values (prices and costs) rather than those defined in contracts. actoring uncertainties into supplier strategy decisions builds agile procurement into the whole supplier life cycle. Procurement leaders of the future will measure uncertainty through quantitative analyses, modeling scenarios to take key uncertainties, such as supplier bankruptcy or material scarcity, into account. [
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The decline in supply of essentials to markets would heavily weigh on spending, inflation and economic growth. It seems less likely that the government would be able to business confidence of the businessmen in the wake of the opposition-called 84-hour-long shutdown which disrupts supply chain management. The decline in supply of essentials to markets would heavily weigh on spending, inflation and economic growth, official sources said. [
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Suppliers to the office furniture industry better start paying close attention to the materials going into the pieces they’re making.That’s because the sustainability programs being implemented by the office furniture OEMs in West Michigan and beyond are increasingly demanding the suppliers provide more detailed information about the chemicals that go into their products.For the hundreds of companies in the supply chain, the push means they will have to be knowledgeable about materials and get more comfortable disclosing what goes into their components — and even who supplies them. [
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Tags: Supply Chain