For many years, public procurement was perceived as an administrative, back-office function. However today, it is seen as a crucial pillar of services delivery for public sector and a strategic tool for achieving key policy objectives: from budget accountability, to spending efficiency, to buying green and improving outcomes in health, to tackling global challenges such […]

In recent years, healthcare expenditure continues to rise worldwide. Healthcare supply chain account for a big portion in the expenditure represents an opportunity to reduce the cost and improve patient care efficiency. The healthcare supply chain is a vast process and disintegrated network of products and players. Managing the flow of information, supplies, equipment, and […]

It is 2019, and we are not too far off from experiencing a wacky robotic future predicted by Back to The Future. We may not have flying cars just yet, but Singapore is right on top of technological boom, of course, with robots and electronics taking over tasks like taking orders and serving food. Contents1 […]

“More Bang(Bank) for the buck”; “Do more with less”. This is what most organizations, especially CPOs in banks, are talking about when they think of procurement. But with budgets growing more slowly, and expectations of cost and efficiency savings growing faster than ever, how can organizations meet deliver expectations? With today’s technology and maturity of […]

Data analytics is the process of examining structured and unstructured data sets in order to provide real-time up to update information that can facilitate the company to maximize the decision value in the business. Inventory optimization is having the right inventory, in the right quantities and at the right locations to meet the supply and […]

Digitalization in the freight industry has been a slow but unavoidable process. A lot has changed since the old days of vintage shipping to how it’s being done nowadays. There are now fully automated port terminals, autonomous ships, freight benchmarking services, proposals of a floating warehouse, drones being used for cargo deliveries, and software developed […]

Blockchain is such a transformative technology that can affect just about every business process that requires a trusted environment. Construction is a sector where trust is much-needed. An industry that is undergoing an important transformation with the introduction of digital technologies. On the construction site blockchain can improve the reliability and trustworthiness of construction logbooks, […]

We are living in a progressing technology world where demand for development and progress arises from time to time and the need to stay agile. Technology revolved and improve rapidly, hence the need to stay agile is crucial for logistics business. Digital technology, on the other hand, has remained fundamentally the same since the beginning […]

Digital technologies are revolutionizing the procurement function and companies increasingly recognize that applying digital to their procurement processes can yield significant competitive advantage yet adoption of new technologies has been slow. That is because the complexity of the technology landscape makes tech selection daunting. Furthermore, some technologies are in use but continually evolving, while others […]

When it comes to warehouse management, constant evaluation and adoption of crucial technologies are critical to improve profitability and stay competitive. Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. They must ensure that goods, materials, and products flow effortlessly by […]

An effective procurement strategy is not only a financial plan to manage the budget but also the workflow, and production timelines while keeping everything aligned with the company objectives. With the volatile market of the oil and gas industry, procurement plays an important role in ensuring supply of items and services are within budget allocation, […]

Today’s highly increasing competitiveness over the process industry demands high quality and most consistent products with a competitive price. To address this challenge, many industries considered creating various new product designs and integrated manufacturing techniques in conjuncture with the use of automated machines and devices. One remarkable and influential move to tackle the challenge is […]

Sourcing for mining and natural resources, where regulatory compliance and product quality are top priorities, increasing value without compromising service levels is crucial. The lowest cost option is not always the best choice. The strategic sourcing initiatives help organizations to analyze current spend against the marketplace, spend analysis, or benchmarking to identify practical and beneficial […]

Data Centre industry is very competitive nowadays with a growing number of data centre operators in the region that are able to provide a more comprehensive suite of services to support enterprise requirement. In order to compete and stand out from other data centres, besides focusing on its product and services offerings, the data centre […]

In today’s hyper-connected and increasingly competitive market, the ability to negotiate effectively is more highly valued than ever before. Negotiator plays an important role in every successful organization. This is because a good negotiator can close the best deals, leading to the advancement of an organization, improved supplier relationships, sustainable competitive advantage and managing conflicts […]

Today, companies are increasingly recognizing the importance of sustainable procurement. According to a global study, 2017 Sustainable Procurement Barometer, conducted by EcoVadis and HEC, 97% of the surveyed supply chain professionals from a total of 120 companies regard sustainable procurement as highly important. Global think tanks and analysts expect upcoming trends towards companies being pressured […]

As competition intensifies in the fast-moving-consumer-goods (FMCG) sector, procurement department plays a critical role to manage order planning with budget allocation, budget planning and cost savings, and to ensure delivery on time. The best procurement practices are designed to be cost-effective and improve productivity, which also applies to a company. This article attempts to examine […]

In today’s business world it is important for organizations to take steps towards procurement fraud prevention. Procurement fraud costs businesses millions of dollars every year, and the losses can likely be avoided if certain measures are taken to assist in procurement fraud prevention. The diagram below shows the procurement fraud that can be committed by […]

Key performance indicators (KPIs) are frequently used in general business to evaluate the success of everything from a specific department to an entire enterprise. KPIs work with the raw data of the industry to evaluate how the industry performs. It helps unleash the hidden patterns that help the industries analyze the bottlenecks, which in turn, […]

Plastics are a crucial part of life in the 21st century. Aside from providing us with useful, lightweight and durable products, they also play a key role in the development of our world sustainably. However, with global plastics production increasing year-on-year, we are reaching a stage where plastic production and disposal methods are becoming unsustainable. […]

Integrated logistics is the one-stop solution to the shipping and logistic requirements of the company. Fast and secured transportation is the key requirement of any business. The transportation of raw material, as well as the finished products, is an important part of the development of all businesses. The proper planning and arrangement of integrated logistics […]

Global System Integrators and Global Service Providers leverage CA Technologies help solve business-critical, IT management issues and create highly scalable, customized solutions that allow customers to automate, manage and secure physical, virtual and cloud environments with confidence. Contents1 Warehouse Management System (WMS)2 Transportation Management System (TMS)3 Communications on Service Provider4 Real-Time Location System (RTLS)5 Reverse […]

Growing world populations are expected to reach 10billion by the year 2050. With this, we are also expected to demand on the food supply chain to evolve and become more efficient, more accurate and more reliable. More and more people want visibility into what’s inside the products they are about to consume. They want to […]

A smart warehouse is the culmination of warehouse automation. In other words, automating various components of your warehousing operations. Like a smart home, a smart warehouse is enabled with several automated and interconnected technologies. These technologies work together to increase the productivity and efficiency of the warehouse, minimizing the number of human workers while decreasing […]

Suppliers, manufacturers, and distributors should consider capitalizing on process automation. Robotics Process Automation or RPA are being introduced for warehouse modernization. RPA is a software technology that allows the business to automate low-level tasks in the future, as technology improves. Using robots and machine which imitate human actions in doing repetitive operational tasks previously completed […]