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Supply Chain Management at fore

by Wax Digital 19. October 2009 15:45

Although considered the quieter period for some organisations it seems things haven’t slowed down at all for procurement professionals during August and September, or here at Wax Digital. Our blog has been somewhat neglected as a result, but with many topical issues arising from recent events such as eWorld Purchasing & Supply exhibition and with ProcureCon around the corner there will plenty to blog about in forthcoming weeks we’re sure.  

One of the clear themes running throughout eWorld was that of supply chain management, which we covered in our seminar session ‘Wag the dog – managing a long tail of suppliers’.  We have seen a clear upswing in interest around issues such as:

 »        Supplier collaboration
»        Transactional document (order and invoice) exchange
»        Pro-actively monitoring CSR    
»        Insurance verification and tracking    
»        Supplier account maintenance  

which we examined in our session; including the best approach for supplier rationalisation, establishing model trading relationships and how effective supplier empowerment and collaboration can benefit eProcurement processes and compliance right through to huge bottom-line savings. 

If you didn’t get to attend eWorld or catch our session, and this subject is at the fore in your organisation, please feel free to email gateway@waxdigital.com to request a copy or watch this space for more upcoming posts.

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November 17. 2009 14:29

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I recently decided I have an interest in supply chain management. I have a B.S. in Psychology and about 12 hours of economics classes with a year of retail experience. Any help would be appreciated.

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November 18. 2009 14:20

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November 19. 2009 13:39

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Supply chain management is the management of all of the businesses that must work together to get a product or service from raw materials all the way to the end customer's hands. It includes all companies that change the product in some way as well as all companies that merely move the product from one phase to another.

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November 20. 2009 14:02

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November 24. 2009 08:10

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November 25. 2009 10:53

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Supply chain management becoming so popular in Business field nowadays. It is actually about what and what is the future for it?

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Supply Chain Management is the systemic, strategic coordination of the traditional business functions and the tactics across these business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole.

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