Tosapwise
History repeats itself remarkably. In the United States, the 2008 financial crisis caused many to lose more than half their stock investments. …
I've worked with several software companies that develop planning software. Some are based on mathematical statistics, offering a variety of …
I was once having lunch with my former boss and we were discussing career development. He offered a lot of advice, and then he said, "People should…
In some industries, the practice of hoarding goods is very common, which artificially exacerbates the volatility of demand and causes many …
Processes play a significant role in the turnover cycle. Time is often lost not in the supplier's production process, but rather in the company's …
A subsidiary of a major company has been diversifying over the past two years. They established a dedicated business unit, purchased equipment, and…
For manufacturing suppliers, we need to evaluate their quality , production and material management systems . These three systems are the guarantee…
Let’s talk about the misunderstandings about emails, text messages, and others, and be careful about being kidnapped by company idlers. Arrive at …
There are many factors that drive seasonal demand. The most intuitive one is climate. For example, there are four seasons in a year, which will …
A professional manager told me that except for professional analysts in the field of industry data research, the rest of the planning personnel in …
In procurement management, procurement negotiation is a process where experts contact with each other to create agreeable terms for contract. The…
Like buyers, suppliers also need forecasts to drive their supply chains. Whether a supplier can execute effectively largely depends on the …
One of the core functions of ERP is Material Requirements Planning (MRP), which aims to liberate planning, material control, customer service, and …
No one likes urging for delivery, but urging for delivery is an inevitable part of supply chain execution. In extreme cases, there is an …
Starting with data doesn’t just mean collecting it; more importantly, it involves analyzing the data to uncover patterns that guide subsequent …
Centralized procurement involves multiple functions and significantly changes the way companies do things. It is a substantial change. As a change …
From a business perspective, who is responsible for the final result for demand forecast? When we say "finally", we mean the pile of excess …
On the one hand, we can predict demand, because of the continuity of demand (for example, if the demand was large in the past, the demand…
Simply put, corporate planning can be divided into three levels. At the strategic level, the boss formulates strategic goals, which is strategic …
Companies all know that selecting good suppliers is important, so they spend about 60% of their time on strategic sourcing. However, after the …
The accuracy of the new product plan is low, accompanied by more demand history, it is necessary to roll up and update in time, and at the same …
More than ten years ago, when David was in business school in North America, a professor said,, if a person can't do design, sales, finance, …
In the nineties, David was still in the pharmaceutical industry, a lucrative industry. Entire industry is concerned about only one word: money. …
Suppliers are easy to talk about, but money is not easy to talk about. But no one can afford not to talk about costs, and as one chief procurement …
No matter what company it is, resources for supplier management are always limited. Which suppliers should we focus on managing? …
A reader asked what is the difference between a purchasing engineer and a buyer. The answer seems simple, the purchasing engineer is responsible …
In the past few years, I have been training supply chain management for the sales of some companies in Korea, and I have become more and more aware…
David Nelson is a godfather in the field of purchasing and supply management in the United States. He served as chief purchasing officer in Honda …
Procurement cannot avoid cost reduction. A chief procurement officer said it well, 70% of procurement performance is reflected in …
Material Management is to manage the purchase objects with certain classification to obtain better scale advantages and bargaining power. For …
A reader wrote to me, saying that he had worked for Four large manufacturing companies in UK, and the purchasing bosses of each company were not …
"purchase" is supply-oriented , with insufficient demand management; "procurement" is demand-oriented , managing demand, influencing demand, and …
Procurement starts with Demand Management "procurement" starts with managing demand, finding suitable suppliers around demand (strategic …
What are the differences between the objects of work of "purchase" and "procurement"? "Purchase" and "procurement" have different working objects…
