Information about LPS Professionals

News & Events

  • May 5, 2020
    Data Supply Chain Transformation - SIPMM

    Control Towers for Supply Chain Orchestration

    McKinsey & Company in 2015 reported that 80% of the goods (compared to 20% today) would be manufactured in a country different from where they would be consumed.  In 2020, this prediction has proven to be accurate. There are lots of global events that have impacted supply chains in 2019 through 2020.  Nationalization and COVID-19 […]

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  • April 24, 2020
    Construction Procurement

    Methodologies for Construction Procurement

    The procurement function in the construction industry has resisted change for many decades. But in recent years, new trends have proven a force to be reckoned with, as many organizations begin adopting and embracing new strategies in a bid to stay competitive. We explore current methods that are in practice and also the new wave […]

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  • April 23, 2020
    Supply Chain Relationship

    Essential Factors for Successful Supplier Selection

    The purchasing function can have an overwhelming impact on the bottom line of an organization. The purchasing department helps to maintain the financial health of organizations by procuring goods and services that meet operational needs and keep operations moving smoothly while providing the highest value. Selecting suppliers is one of the critical aspects of the […]

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  • April 22, 2020
    Digital Procurement

    Key Focus Areas for Expediting Procurement

    Expediting purchases in inbound logistics is normal but it is painful for many companies who use this approach. Typical reasons for expediting are potential delay on contractual delivery dates, damage products, supplier product upgrade and most importantly, client’s critical specification.The reality of business life is defined as Expediting. Delays brought about by human and non-human […]

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  • April 21, 2020
    Green Procurement

    Key Considerations for Green Procurement Practices

    Having green procurement in place in the food and beverage industry will positively impact the environment as well as human health. Waste that are not well managed will resort to dumping and open burning. Hence, everyone should adopt green procurement practices to curb further waste growth.As the rise in demand for food and beverage goods […]

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  • April 21, 2020
    3D Printing Technology

    Six Inventory Control Techniques for the Printing Industry

    Printing industry is going through a metamorphosis due to digitalisation. From a traditional mass production, it is moving towards mass customisation and this trend must be fostered by the printing business world for its survival. The profits in this business which was over 25% a decade ago has since declined below 10%, hence making the […]

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  • April 20, 2020
    Digital Warehousing

    Effective Warehousing for Inbound and Outbound Operations

    Fundamentally, warehousing involved two activities, there are inbound and outbound operations. Inbound refers to the sourcing, purchasing, receiving, investigating, put-away, storage, that is incoming organization. On the other extreme, outbound is tied in with picking, pressing, moving, all these are leaving the association. Outbound procedure is more work concentrated than inbound processes. Particularly, request picking […]

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  • April 19, 2020
    Aerospace Automation

    Key Stages for Purchasing Aerospace Parts

    Purchasing is a highly complex hierarchical procedure with targets that reach a long way past the conventional conviction that purchasing essential job is to acquire products and ventures because of inward needs. The general targets of buying can be requested in five critical zones: supply movement, manage the sourcing strategy capably and effectively, make supply […]

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  • April 18, 2020
    Warehouse Automation

    Technologies for Warehouse Automation

    Warehouses are playing an important role in the flow and delivery of the products from the manufacturers to the end-users. Operating a warehouse at the maximum efficiency is a challenge for a warehouse owner as the activities of the warehouse are complicated processes. Consequently, a human being is limited to overcome all the challenges and […]

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  • April 15, 2020
    Logistics Productivity Technology

    Technologies for Improving Logistics Productivity

    Technologies innovations are making diverse across logistics industry might be one of the most affected segments.Substantial utilization of manual procedures and a lot of information put away in various manners and in better places, the logistics business has maybe the most to pick up from executing new advances and following the most inventive technologies innovation […]

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  • April 14, 2020
    Integrated Transportation Solution

    Essential Considerations for an Integrated Transportation Solution

    An integrated transportation solution, a coordinated transportation arrangement powers associations to look at framework organizations in an undeniably widely inclusive and inventive way. The dedicated plan gives increasingly important incorporation and versatility to scale their focal points as fundamental. Makes a model for reliable improvement by giving all the mentioned data, which can be changed […]

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  • April 13, 2020
    Autonomous Robotic Technology

    Technologies for Global Logistics Services

    Logistics assume a gigantic job in the smooth activities of a business. In any case, at scale, it is amazingly hard to run an immaculate Logistics division because of the sheer number of factors and requests that such a logistics would be dependent upon. Logistics can be thought of as the business work liable for […]

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  • April 12, 2020
    Cold Chain Logistics

    Essential Logistical Process for Cold Chain Operations

    Although globalisation significantly reduces the vastness between various regions worldwide, the physical division of these same regions is still a prominent reality. As the distances between regions widen, the higher the possibility that shipments are susceptible to damages in any complex transport operations. Damages to goods can range from impacts to undesired temperature fluctuations inclusively, […]

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  • April 11, 2020
    Key Performance Indicators for the Logistics Sector

    Key Performance Indicators for the Logistics Sector

    In the logistics sector, KPIs are significant for estimating production, costs, and quality rates.  It includes certain measurements that are common in the logistics sector. It can help distinguish and sort out issues during its ordinary activity. These estimations can be viewed as elements for the improvement of the activity in the calculated. Logistics involve […]

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  • March 14, 2020
    Chemical Warehousing - SIPMM

    Major Considerations for Chemical Warehousing

    While the use of various chemicals in experimental research is essential, it is also important to safely store and maintain them as a part of the Environmental, Health and Safety (EHS) program. The properties of chemicals and their reactivity vary broadly and if chemicals are not managed, stored, and labeled properly, they can have harmful […]

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  • March 13, 2020
    AI for Agricultural Supply Chain - SIPMM

    Artificial Intelligence for Agricultural Supply Chain

    The population in the world is expected to growth from 7.7 billion to 9.7 billion by year 2050 according to United Nations. And we are in the global warming effects which cause shortage of the supply in agriculture productions in next few decades. With the advance of digital technologies development, one of the must use […]

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  • March 12, 2020
    Procurement Artificial Intelligence - SIPMM

    Crucial Applications for Procurement Artificial Intelligence

    Artificial Intelligence (AI) is one of the digital technologies progressing rapidly and is a current topic of broad interest. AI has contributed to a more efficient and intelligent way of streamlining business operations, which helps companies achieve cost reduction, improve efficiency and productivity and improve responsiveness to market demand. This article aims to look into […]

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  • March 11, 2020
    Digital Procurement - SIPMM

    A Strategic Roadmap for Digital Procurement

    Procurement is a purchasing process that controls quantity, quality, sourcing and timing to ensure the best possible total cost of ownership. Procurement professionals are nowadays key member of firm’s core team and are actively participating in new product development, managing supplier risk and sustainable procurement. Digital technologies are enablers and supporting procurement in this direction. […]

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  • March 11, 2020
    Digital Technologies for Procurement Optimization - SIPMM

    Five Digital Technologies for Procurement Optimization

    Procurement has grown significantly more strategic over the past twenty years, now, digital supply chain management and analytics are bringing new strength to the strategic role. The main mission of procurement has broadened from cost leadership and assurance of supply to strategic insights for decision making. Digital procurement is an exponential shift that allows organizations […]

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  • March 10, 2020
    AI Digital Procurement - SIPMM

    AI Technologies for Digital Procurement

    Rapid advancements in digital technologies nowadays and the application of these disruptive technologies in Procurement enables strategic sourcing become more predictive, transactional procurement become more automated, and supplier relationship management become more proactive. It is imperative that procurement organizations understand digital procurement, staying up to date cutting edge trends, technologies and how to effectively utilize […]

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  • March 10, 2020
    Warehousing Inventory Automation - SIPMM

    Warehousing Practices for Special Inventory

    Special inventory in warehouse environment are guided by policies, federal laws and compliances that are set up by organizations. In warehousing contracts, special inventory imposed by a government body are Central Narcotics Bureau (CNB), and Immigration and Checkpoint Authority (ICA). Private associations such as Round table on Sustainable Palm Oil (RSPO), Convention on International Trade […]

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  • March 9, 2020
    Procurement Negotiation - SIPMM

    Key Techniques for Successful Procurement Negotiation

    Negotiation takes place almost every day in our daily life whether is it negotiating for a higher salary or for a better deal when shopping. These negotiations do not play a significant impact even if they are unsuccessful. However, it is not the same in the business context. A good negotiation is absolutely vital to […]

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  • March 5, 2020
    Circular Supply Chain - SIPMM

    Three Critical Enablers for Circular Supply Chain

    Resource constraints and environmental pollution resulting in global warming are driving the transformation of world economy from that of linear “take-make-dispose” which consumes and transforms raw materials into products that are used until they are eventually discarded as waste, to a circular “make-use-recycle” model which purports to eliminate waste and ensure sustainability. Circular supply chain […]

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  • March 4, 2020
    Transportation Mode - SIPMM

    Considerations for Selecting Transportation Mode

    There are many aspects to consider when selecting the most suitable mode of transport to get products from point A to B. The effective use of transportation equipment and modes reduces shipping and logistics costs. However, export planning is not always as simple as it seems. Depending on the destination, goods consigned to a foreign […]

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  • March 3, 2020
    Transportation for Integrated Logistics - SIPMM

    Key Transport Considerations for Integrated Logistics

    Integrated Logistics is a goal to achieve customer’s satisfaction at the lowest total cost with a one-stop solution to the shipping and logistic requirements of the company. Integrated Logistics refers to specific logistics practices and operational activities that coordinate the flow of materials from suppliers to the customers throughout the value stream. A strong integrated […]

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