Tag Archives: procurement

How procurement is being transformed by start-ups

This article from Oliver Wyman identifies that start-ups are having a significant impact on i4.0.   Much of the disruption and transformation has been driven by them.  But an area not often explored is the effect they are having on … Continue reading

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Potato peelings as part of the circular economy

OK.  I know what you are thinking – this circular economy stuff is getting ridiculous…  But it’s not.  You would think that MDF board (or chip board) is biodegradable, especially since 80% of it is wood.  But it’s not.  This … Continue reading

Posted in Chap 16 Innovation and CI, Sector: Manufacturing | Tagged , , | Leave a comment

Procurement, risk, digital, cost reduction, new product development….

Fascinating video from Deloitte reporting on their 2017 survey of Chief Procurement Officers.  In four minutes it manages to illustrate the complex interaction between strategy, operations and the supply chain, and the potentially central role procurement has.  To my mind, … Continue reading

Posted in Chap 03 Processes and life cycles, Chap 05 Supply chain, Chap 12 New products and services, Chap 14 Operations strategy | Tagged , , , , | Leave a comment

Ryanair – chockers and nuts

Just back from trip to Bonn.  Flew Ryanair Bristol to Koln – no problem.  Return trip had two interesting process issues…. First, it is common practice of low cost airlines, in order to ensure a swift turnaround, to move passengers … Continue reading

Posted in Chap 10 Processes and technology, Sector: Transportation | Tagged , , | Leave a comment

Managing risk during the procurement process

The U.N. have a Procurement Practitioners Handbook.  One of the chapters is devoted to risk management (here).  It usefully includes a table which identifies the nature of risk, possible consequences, and what to do about it across the following stages … Continue reading

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Dropshipping pros and cons

I’ve frequently blogged about online retailing, but I have not mentioned an operations phenomenon that often underpins this business model – ‘dropshipping‘.   This is the concept of not holding any retail inventory, but shipping goods to customers directly from … Continue reading

Posted in Chap 06 Materials and inventory, Sector: Retail | Tagged , , , , , | Leave a comment

Market intelligence on suppliers

There’s nothing more frustrating than setting up your own operations to run smoothly and efficiently, only to be let down by suppliers.  That’s why it’s the Operations Manager’s responsibility to also manage the supply chain.  This means signing procurement contracts … Continue reading

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How the range of services a manufacturer may offer varies by industry sector

A wide range of different services may be offered by manufacturers and operators. These include: Design and development services Systems and solutions Maintenance and support services Retail and leasing services Installation and implementation services Property and real estate Financial services … Continue reading

Posted in Chap 14 Operations strategy, Sector: Manufacturing | Tagged , , , | Leave a comment

Why and how global procurement goes wrong – and one way to go about fixing it

Great article by Bain & Company on the challenge of efficiently organised global procurement.  International companies should be best positioned to take advantage of buying globally, but often their systems are weak, their organisation structure mitigates against success, and their staff are … Continue reading

Posted in Chap 05 Supply chain, Chap 17 Internationalisation and CSR, Operations Management | Tagged , , | Leave a comment

Government spends £2 billion a year on food, but not on UK produced food

Owen Paterson, the Environment Secretary, is reported to have pledged that the UK public sector, which spends £2 billion a year on food, will focus more on procuring this from UK producers and manufacturers.

Posted in Chap 05 Supply chain, Sector: Public Services & Charities | Tagged , | Leave a comment