Site logo

Supply Chain Transformation Ideas

Iron Ore & Pig Iron

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

Read More »

Forecasting Models

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

Read More »

Vendor Rating

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

Read More »

FAQ on Materials

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

Read More »

Various Stock Levels

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

Read More »

Import Export Terminologies

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

Read More »
procurement specialist

Supply Chain Terminologies

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

Read More »
container

FCL and LCL

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

Read More »

EIGHT DISCIPLINES (8D)

The eight disciplines (8D) model is a problem solving approach. The purpose of the 8D methodology is to identify, correct, and eliminate recurring problems, making it useful

Read More »

LDPE Vs HDPE

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

Read More »

Forging

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

Read More »

Hot Chamber Vs Cold Chamber

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

Read More »

Pipe Vs Tube

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

Read More »

Paper & Box Quality

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

Read More »

Sourcing Cycle

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

Read More »

Tool Room Materials

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

Read More »

Hardness Testing

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

Read More »

Supplier Evaluation

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

Read More »

Pump & Motor

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

Read More »

Bronze

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

Read More »

Copper and Copper Alloys

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

Read More »
aluminium alloys

Aluminium Alloys

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

Read More »

Steel Numbering Systems

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

Read More »

Tool Steel

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

Read More »

Stainless Steel

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

Read More »

Alloy Steel

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,

Read More »
supply market intelligence

Know your Cost Drivers – The Supply Market Intelligence Guide

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?

Read More »