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The objective of strategic purchasing is to manage suppliers to reduce cost of materials and engage them in downstream processes and also to reduce the cost of purchasing. The implementation of IT in purchasing enables automation of many of the processes such as bid management and evaluation, order management and payment processes such as handling of invoices. The automation reduces errors in the purchase to pay cycle and increases process efficiency.
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Greenpeace puts HP in top spot in greener-electronics guide - 1 views
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Greenpeace released its latest rankings today, showing HP moving ahead three to the top spot. It's a big leap considering that just six years ago HP was targeted by Greenpeace as one of the worst tech companies for using fire retardant materials suspected of being hazardous. At the time, Greenpeace members stood outside of HP's headquarters and handed out fliers that said "HP: Harmful Products."
APICS Operations Management Body of Knowledge (OMBOK) Framework - 1 views
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The 2009 update to this popular publication adds new features, including two appendices that feature tables illustrating the relevancy of the APICS OMBOK Framework to specific job titles, including supply chain manager and materials manager, and to industries outside manufacturing, such as distribution, health care, retail, utilities, and hospitality. The second edition also includes a new, easy-to-use index.
McKesson Releases First Cloud-Based Supply Chain Solution - 0 views
Strategic Purchasing - 0 views
IBM study hones in on supply chain complexity and future methods to address related iss... - 0 views
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While it is clear that there are various sources of complexity and obstacles for supply chain executives to overcome, IBM points out that there are three new rules, which will be required to topple these hurdles throughout the next decade, including: 1-Know the customer as well as yourself. Smooth volatility with predictive demand; 2-See what others do not. Unveil responsibility with collaborative insight; and 3-Exploit global efficiencies. Enhance value with dynamic optimization.
Sustainable Supply Chains vs. Sustainable Supply Networks - 1 views
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A Sustainable Supply Network is comprised of raw materials as they flow from source to product to disposal/reuse. It encompasses people, environmental and human rights activities, information flow and resource consumption. Supply Networks include multiple businesses (miners, farmers, transportation, vendors, factories, and retailers etc.). Every organization is involved in multiple supply networks as a manufacturer and/or consumer.
Amazon.com: Closed-Loop Supply Chains: New Developments to Improve the Sustainability o... - 0 views
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A complete presentation of closed loop supply chain processes, this book demonstrates the impact it has on all aspect of the supply chain, from product development, to materials, to assembly and profitability. It includes research and case studies from the industries that use the closed loop supply chain methodology and explores how they use its practices to be more environmentally friendly and profitable. The authors cover profitable practices in returned products and recovery of products, designing the reverse logistics network, production planning, marketing strategies for recovered products, and how closed loop supply chain strategies can be used in industries other than manufacturing.
"Diagnosing Greatness: Ten Traits of the Best Supply Chains" hits the book stores - 201... - 0 views
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Authors Frank Quinn, chief editor of Supply Chain Management Review (SCMR), Chuck Poirier of CSC Consulting and Morgan Swink of Michigan State University, highlight 10 common denominators of successful supply chains.
Lean Manufacturing Demands Intelligent AP Automation - 0 views
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By definition, Lean manufacturing is intended to reduce the waste of time and resources that do not directly add value to the business. In manufacturing, this philosophy is most evident on the production line, which is continually analyzed and altered in order to maximize employee talents, reduce time spent on menial tasks, eliminate the waste of raw materials and mitigate duplicative efforts.
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Accounts payable (AP) automation technology achieves three keys benefits that complement the lean manufacturing process: It eliminates waste, optimizes AP workflow to ensure that tasks and responsibilities are clearly defined and executed among the team, and affords organizations intelligent automation opportunities through integration with the organization’s enterprise resource planning (ERP) solution.
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