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Topic: suppliers

The Difference Between a B2B and B2C Supply Chain

Supply chains are a fundamental part of how businesses operate; they are key players in getting a product to another user. However, the user can be very different when it comes to doing business. The two most common transactions are business-to-consumer (B2C) and business-to-business (B2B) when it comes to selling goods and services. In B2C, [&hell ... Read More

  April 24, 2019     

Steps to Take When Creating an Efficient Supply Chain

When a company is aiming simply for continuous improvement, supply chain analysis is imperative. This is because the supply chain can make or break the business in terms of its ability to maintain the supply of product or services to their customers. And let us face it, without that, there is no income and no […] ... Read More

  March 2, 2019     

5 Quick Solutions for Simplifying Supply Chains

Supply chains are becoming increasingly complex so simplifying them can be a complicated matter. In an attempt to get back to supply chain basics, companies need to scrutinise their processes, from procurement through to storage and shipping. Here are five quick solutions for simplifying supply chains: Clear the clutter With the rapid rise in our [ ... Read More

  February 26, 2019     

3 Simple Tips to Prep Your Business for Peak Periods

It’s very common for a business to earn a substantial amount of their revenue over a short period of time. Peak periods lead to an influx of sales and it seems to happen relatively quickly. These fluctuations are important to prepare for and even more important to capitalise on. Don’t miss out on the peak […] ... Read More

  December 24, 2018     

The First Step to Controlling Supply Chain Risks

The supply chain describes the processes and transfer of products and information from the origin or supplier all the way to the checkout counter in-store. As this is such a complex chain involving many hands and sometimes multiple countries with corresponding currencies and regulations, it can be fraught with uncertainties and risks. The supply ch ... Read More

  September 19, 2018     

7 Steps to Greening Your Supply Chain

Sustainability is a common theme in business these days, yet many companies have little real understanding of the sustainability impacts of their supply chain. Being green is more than simply reducing waste, energy and water consumption or lessening your environmental impact when producing a specific item of inventory stock. The concept of a sustai ... Read More

  August 16, 2018     

Not If, But When: How to Green Your Supply Chain and Stay Competitive

The world demands sustainability. Shareholders, customers, lobby groups, and not-for-profits want companies to be more sustainable. While the mantra is simple, giving real effect to that philosophy can be more complex. MBA programs continue to teach historic practices maximising return on capital being the centrepiece of commerce. But most successf ... Read More

  August 10, 2018     

Building Effective Supplier Relationships

Your suppliers play a vital role in ensuring your businesses success, but this isn’t only because they provide you with vital goods and materials. Your suppliers offer much more if you seek out ways to build strong relationships with them. In this article we look at the benefits of building supplier relationships for your business. […] ... Read More

  August 9, 2018     

The Value of Supplier Relationship Management

Supplier relationship management, abbreviated as SRM, is essentially how your business engages with the vendors who supply your goods, services, and raw materials that make your business function. Having effective SRM in your business isn’t always easy. Every supplier operates slightly differently and provides something slightly different for you ... Read More

  August 8, 2018     

Defining the B2B eCommerce Model

Online transactions are commonplace these days. People use them to buy clothes, electronics and even order their groceries. These types of transactions are considered business-to-consumer, or B2C. This type of eCommerce caters directly to the end-consumer and the transaction is between the company and the consumer. The other division of eCommerce i ... Read More

  August 7, 2018     

Why Your Business Should Invest in Supplier Relationship Management

Suppliers are as important as your clients and customers; without suppliers to handle shipping, inventory manufacturing and outsourced services, many businesses would struggle to keep up. Most businesses are increasingly focused on end-user satisfaction but make sure that your business is not overlooking its suppliers. Build strong, successful rela ... Read More

  August 1, 2018     

A Closer Look at B2B and the eCommerce Industry

The business-to-business (B2B) eCommerce industry is growing opportunities for both business sellers and business buyers around the globe. Through the use of online sales portals, products and services are being sold on the internet at a tremendous rate. The eCommerce industry has opened large doors for B2B sales, as the internet provides a streaml ... Read More

  July 9, 2018     

5 Essential Ways to Manage Seasonal Supply Chains

Supply chains are directly affected by supply and demand of markets. This holds true for seasonal goods but also peaks and dips throughout the business year, such as an increase in purchases over the holiday season and lower in off peak seasons. Food and beverage companies in particular need to be looking closely at inventory […] ... Read More

  June 29, 2018     

How to Manage a Seasonal Supply Chain

Supply chains are the backbone to the success of any business, large or small. That’s why it is extremely important to ensure all processes in your supply chain work as effectively and productively as possible. Managing your supply chain can become increasingly difficult to manage when it comes to seasonal fluctuations in demand. The changing [&h ... Read More

  June 7, 2018     

Best Practices for Inventory Spring Cleaning

Even the best inventory management system requires the occasional clean-out of excess product. When it’s time to spring clean your stock, it could also be time to focus on the organising inventory control to optimise management processes. Improving inventory accuracy can be achieved by regularly taking stock and managing supplies accordingly. Whi ... Read More

  June 5, 2018     

Is Your Supply Chain GDPR Compliant?

If you are a business owner, the European Union’s new General Data Protection Regulation legislation may affect your supply chain. All companies processing personal data for those residing within the EU must comply to the GDPR – regardless of company location. In the following article, we’ll outline how GDPR may affect your supply cha ... Read More

  May 29, 2018     

Preparing Your Supply Chain for GDPR

Regardless of the industry you operate in or whether you are trading in raw materials, work in progress or finished items of inventory stock, your supply chain is what moves your product or service from supplier to consumer. The supply chain is a complex system of businesses, service providers, people, information and activities. Its multifaceted [ ... Read More

  May 22, 2018     

Is Your Supply Chain Setting You Up for Failure?

Supply chain problems often result in failure for a company, making it imperative to learn from the mistakes of others so you don’t run into the same problems yourself. When a company chooses to outsource components of their supply chain, they are often putting their reputation at risk. Since the supply chain is a very […] ... Read More

  April 28, 2018     

A Domestic Supply Chain: Should You Source Locally?

For many small business owners, keeping costs low is important to being sustainable. For this reason, many look to source their materials and products from international markets, especially when sourcing locally is more expensive. While sourcing internationally can reduce costs, there are many benefits that come with sourcing domestically which any ... Read More

  April 26, 2018     

Benefits of a Domestic Supply Chain

The success of a business, amongst other things, is largely dependent on their ability to supply their product or service to a customer exactly when and in what quantity they require. It is this ability that can be compromised by so many factors, the main one being supply chain management and accurate and reliable fulfilment […] ... Read More

  February 17, 2018     

Just How Ethical is Global Sourcing?

From a pure cost perspective, global sourcing often yields the cheaper option to produce a company’s end product. This means the company is left with a cost- effective finished product, ready for sale. This allows them to be competitive in the market and they will often pass on low prices to consumers as well. However, […] ... Read More

  February 7, 2018     

Considerations of Global Sourcing

Global sourcing is a viable option for securing materials, components, products or even services for your business. Looking outside of your domestic market can yield a variety of benefits not available through local sourcing avenues. Usually with global sourcing it’s easy to think about manufactured products being produced overseas and transporte ... Read More

  February 7, 2018