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India's automotive market is basking in a 13 percent compound annual growth rate, going from five million vehicles produced in 2002 to 18 million in 2011. India, already the second-largest global market for two-wheelers (2W) and the fourth largest for commercial vehicles (CV),... |
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The Hackett Group, a global strategic business advisory, consulting strategy firm is a leader in business best practices and has released their new procurement report outlining key issues that procurement executives feel are critical to the success in their businesses. |
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One of the key dyadic relationships across supply chain is between logistics service provider and the manufacturer. Over time the concept of logistics service provider developed toward service offering of greater complexity, combining new added value services they are often... |
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Forward-thinking players are setting their sights on advancing the future of procurement with active value management. But there’s a long way to go to become an essential part of the enterprise performance conversation.The new language of procurement speaks to an... |
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In recent years the pharmaceutical industry has faced declining R&D productivity, a rapidly changing healthcare landscape and fierce competition from generics resulting in lower growth and profit margins. Historically, drug development focused on clinical trials management... |
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In most traditional ceramic production processes, finished product planning has adopted a make-to-stock approach that is determined more by large minimum batch sizes than by well-designed storage policies. To ensure sufficiently large quantities and reduce the impact of setup costs on... |
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The Private Finance Initiative (PFI) is now firmly established as a procurement vehicle to deliver public services with approximately 500 operational contracts in the UK and a future project pipeline valued at £23.3bn over the next 5 years (source HM Treasury). Major uses... |
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Companies can use a digital marketplace to transform supply chain dynamics within their own units.Effectively managing and coordinating supply chains will increasingly require new approaches to data transparency and collaboration. There has been plenty of discussion in... |
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Recent turbulent months have caught many buyers off guard. Their procurement strategies were geared to a specific market condition lacking the flexibility to act upon the radical changes we are currently experiencing. While 12 months ago companies had their focus on rising raw... |
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As outsourcing becomes more prevalent, management’s expectations of service providers will rise – going beyond simply requiring reliable operations to demanding a true business partner who provides a competitive advantage. Utilizing stringent contract management and... |
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