Supply Chain Transformation Ideas & SCM Links Directory

5Paisa Capital Ltd

04/08/2024 No Comments

5Paisa Capital Ltd, founded in 2007, operates as a fintech company with a strong presence in various financial services. Here are the key aspects of their

Production Part Approval Process (PPAP)

08/11/2023 No Comments

PPAP stands for “Production Part Approval Process.” It is a standardized procedure used in the automotive and other manufacturing industries to ensure that a supplier’s

Failure Modes and Effects Analysis (FMEA)

08/11/2023 No Comments

FMEA stands for “Failure Modes and Effects Analysis.” It is a systematic and structured approach used in various industries to identify potential failures, their causes,

Theory of Constraints (TOC)

08/11/2023 No Comments

The Theory of Constraints (TOC) is a management philosophy and methodology developed by Eliyahu M. Goldratt in his book “The Goal,” published in 1984. It

Just in Time (JIT)

07/28/2023 No Comments

Just-In-Time (JIT) is a manufacturing and inventory management philosophy that aims to produce and deliver goods or services at the exact moment they are needed

ABC Analysis

07/28/2023 No Comments

ABC analysis, also known as Pareto analysis or the 80/20 rule, is a widely used inventory management technique that categorizes items based on their relative

Inventory Management

07/28/2023 No Comments

Inventory management refers to the process of efficiently and effectively overseeing the acquisition, storage, tracking, and utilization (ASTU) of an organization’s goods or products. It

The Golden Rule of Negotiation

07/17/2022 No Comments

Some of us avoid negotiation, some fear negotiation because they equate it with conflict. They consider it as a clash of the wills, they see

Iron Ore & Pig Iron

02/09/2022 No Comments

Iron Ore Magnetite (Fe3O4, 72.4% Fe) Hematite (Fe2O3, 69.9% Fe) Fed directly into iron-making blast furnaces. Pig Iron Iron ore is the raw material used to

Forecasting Models

01/28/2022 No Comments

Forecasting Models – Forecasting models are one of the many tools businesses use to predict outcomes regarding sales, supply and demand, consumer behavior and more.

Vendor Rating

01/24/2022 No Comments

A few ways by which a vendor can be evaluated are listed below- Categorical Method Weighted point Method Cost Ratio Method

Kraljic Matrix

11/01/2021 No Comments

https://www.manutan.com/blog/en/glossary/what-is-the-kraljic-matrix

FAQ on Materials

09/22/2021 No Comments

Difference between EN8 and MS material EN8 has higher tensile strength than MS material and bit costly. Difference between EN8 and EN8d material EN8 is

How to Improve Procurement Efficiency

09/20/2021 No Comments

1. Identify the inefficient processes/bottleneck in your organizations procurement cycle and work to remove them 2. Rationalize your supply base. Some place you have to

Various Stock Levels

07/21/2021 No Comments

Safety stock describe a level of extra stock that is maintained to mitigate risk of stock-outs. It acts as a buffer stock in case sales are

Import Export Terminologies

06/24/2021 No Comments

Export Promotion Capital Goods (EPCG) scheme allows import of capital goods including spares for pre production, production and post production at zero duty subject to

Supply Chain Terminologies

06/23/2021 No Comments

Procurement refers to the process of identifying, shortlisting, selecting, and acquiring, (ISSA) suitable goods or services from an outside source. Activities like contract management, receiving

FCL and LCL

06/13/2021 No Comments

FCL stands for full container load. In FCL shipping, our goods in the container don’t have to share space with shipments from other traders. We

3 Steps to verify Chinese Suppliers

06/10/2021 No Comments

China accounting for more than 30% of all global manufacturing share. Before starting to work with Chinese supplier it is most important to ensure that

Eight Disciplines (8D)

05/28/2021 No Comments

8D – The 8 disciplines of problem solving – 8 steps to solve difficult, recurring or critical problems. The eight disciplines (8D) model is a problem solving approach.

Frequently Asked Questions

05/27/2021 No Comments

What Is Liquidity and Why Is it Important for Firms? Liquidity refers to how easily or efficiently cash can be obtained in order to pay

Financial Tools for Supplier Risk Assessment

05/27/2021 No Comments

To ensure that our suppliers are financially healthy we need to keep checking up some of the financial areas of the supplier. It’s essential to

LDPE Vs HDPE

05/26/2021 No Comments

Low density polyethylene (LDPE). This clear or translucent plastic exhibits flexibility, chemical resistance, and waterproofing capabilities. It is used in the manufacture of a wide

Forging

05/26/2021 No Comments

Forging is a metal shaping technique using compressive localized forces. commonly performed with the help of forging presses or hammering tools powered by either electricity, hydraulics or

Hot Chamber Vs Cold Chamber

05/24/2021 No Comments

Cold chamber die casting is a preferred manufacturing process for metals that have high melting points like metal alloys of aluminium, brass and copper. Cold

Corrugated Box Testing Methods

05/22/2021 No Comments

9 Corrugated Box Testing Methods to Ensure Packaging Quality: Bursting Strength Test Edge Crush Test 2 Single Water Resistance of the Gluing Cobb Sizing Tester

Pipe Vs Tube

05/21/2021 No Comments

Pipes are normally used to transport gasses or liquids making it important to know the capacity. Knowing how much can flow through the pipe is

Paper & Box Quality

05/21/2021 No Comments

Bursting Strength The bursting strength of a material is termed as the strength of the material to resist any type of rupture force that is

Sourcing Cycle

04/26/2021 No Comments

1 Recognition of Need Needs Vs Wants 2 Understanding / Development of Specification – Technical & Performance requirement / Quantity / Quality / Delivery /

Tool Room Materials

03/25/2021 No Comments

C45 [EN8 / 1045] – medium carbon steel EN24 / ISO 683-18 34CrNiMo6 – high tensile alloy steel Wear resistance, used in gears, pinions, shafts, and

Hardness Testing

02/24/2021 No Comments

The ability of a material to resist permanent indentation is known as hardness. Brinell Hardness Test During this test, an accurately controlled force is maintained

Supplier Evaluation

02/08/2021 No Comments

Checklist for evaluation of potential supplier – 1. Competency: Capabilities assessment – measurement against our requirement. 2. Capacity: Supplier’s available resources to meet our orders

Pump & Motor

02/04/2021 No Comments

A pump is a device that moves fluids (liquids or gases), or sometimes slurries, by mechanical action, typically converted from electrical energy into Hydraulic energy. Pumps can be classified into

How to select your Contract type?

02/03/2021 No Comments

How to select the correct contract type that is most suitable for our requirement? Selecting correct contact form for a specific purchase agreement depends on

Bronze

02/02/2021 No Comments

Bronze is an alloy that consists primarily of copper with the addition of tin & sometime arsenic, phosphorus, aluminum, manganese, and silicon. All of these

Copper and Copper Alloys

01/31/2021 No Comments

There are more than 400 copper alloys, each with a unique combination of properties, to suit many applications, manufacturing processes and environments. Pure copper has the

Aluminium Alloys

01/31/2021 No Comments

Aluminum alloys – Aluminum (Al) + alloying elements like copper, magnesium, manganese, silicon, tin and zinc. There are mainly two type of Aluminum alloys, casting

Steel Numbering Systems

01/31/2021 No Comments

There are two major numbering systems used by the steel industry, the first developed by the American Iron & Steel Institute (AISI), and the second by

Tool Steel

01/31/2021 No Comments

Tool steels comprise carbide-forming elements such as chromium, vanadium, molybdenum and tungsten in different combinations. They also contain cobalt or nickel which improves their high-temperature

Stainless Steel

01/31/2021 No Comments

Stainless steel is an alloy of Iron with a minimum of 10.5% Chromium (typically between 10-20%). Chromium produces a thin layer of oxide on the

Alloy Steel

01/31/2021 No Comments

Alloy steel is a steel that has had small amounts of one or more alloying elements (other than carbon) such as such as manganese, silicon,

Valves and its 5 Major Functions

01/30/2021 No Comments

What are Valves? Valves are type of mechanical devices that controls the flow and pressure within a system or process. They are important components of

Know your Cost Drivers – The Supply Market Intelligence Guide

01/25/2021 No Comments

Supply Market Intelligence include information related to Changes in Supply and Demand and Trends, Supply Market size, utilization, expected expansions/contractions, level of competition, Technological changes, Innovations, geo-political changes in supply market etc.
How supply market intelligence influence Procurement success?