Supply Chain & Logistics Insights
4 Tips for Effective Supplier Performance Management
Supplier performance is critical to business success, yet it remains one of the most challenging aspects of supply chain management. Can you really manage supplier performance, or are you limited to simply monitoring and hoping for the best? The reality is that...
RFID in Supply Chain: Explained
RFID technology uses radio waves to automatically identify and track tagged items throughout the supply chain. The system consists of two main components: RFID tags (small chips with antennas) attached to products or pallets, and RFID readers that capture the data. In...
Logistics Procurement Strategy Insights & Tips
For procurement and supply chain executives in sizeable organisations, there is an increasing number of uncertainties to manage, especially in today's tough economic environment. We are living in a world of severe market competition, shorter product life cycles,...
What is Hospital Procurement? (Healthcare Sector)
Hospital procurement, also referred to as healthcare procurement, is procurement for the healthcare industry. In simple terms, it's the process hospitals and healthcare facilities use to acquire the goods, services, and equipment that they need to run their day-to-day...
How does the Steel Supply Chain work?
The process starts at major steel mills – BlueScope is the biggest manufacturer in the country with over 100 sites, and between it and InfraBuild (formerly Liberty OneSteel), they handle most domestic production. BlueScope's Port Kembla facility in NSW produces about...
What is Purchasing in Logistics?
What is purchasing? And how is it different from procurement? These are pretty common questions for those new to the supply chain industry. We asked one of our purchasing management experts exactly those questions so you can hear the answers directly from the horse's...
7 Examples of Shared Logistics Companies
For most people, the shared economy is best illustrated by the Uber and AirBnB concept of crowdsourcing and convenience services based on digital platforms…
Supplier Relationship Management Tips
Supplier Relationship Management is so important and yet many organisations are not good at it…
Procurement vs. Purchasing vs. Supply Chain Management
The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris…
Seven Essential Procurement KPIs For Your Supply Chain
Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component…