Information about LPS Professionals

News & Events

Information about LPS Professionals

News & Events

by Admin
  • February 23, 2020
    Delivery Truck and Van on the road - SIPMM

    Key Performance Expectations for 3PL Service Providers

    A third-party logistics provider offer various outsourcing services such as warehousing, transportation, procurement, value-added services and to certain execution scope. Technology integration is also a ‘must have’ to enhance the entire service level. Outsourcing business model meeting customer’s expectation through cost –efficiency, increase productivity, flexibility, scalability, and economies of scale, meeting delivery dateline and technologies. […]

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  • February 22, 2020
    Dangerous goods storage in Warehouse - SIPMM

    Critical Factors for Transporting and Storing Dangerous Goods

    Dangerous goods are substance or articles which can pose a threat to people, property and/or the environment. When people travel, the mode of transport chosen is of great importance. Vehicles, trains, boats, planes: each means of transport has its own characteristics that influence movement in terms of quality, comfort and duration. Similarly, when transporting dangerous […]

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  • February 19, 2020
    Data Analytics for Procurement - SIPMM

    Spend Data Analytics for Effective Procurement

    How do analytics support a Procurement Organizations? Let us take a look at the challenges of implementation: data is in multiple system, existing data is not analysed, skill set in an organization is not available, right technology is not available and one-off versus operationalised. With the advancement in automation it has completely changed the business […]

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  • February 19, 2020
    Business Procurement Management - SIPMM

    Procurement Collaboration for Business Integration

    With collaborative procurement, we can find valuable partners within treasury, product development, legal, line-of-business, and suppliers, and extend the value of procurement beyond its four walls. Common goals, shared information, linked processes and systems, and above all, mutual understanding, can enhance the value of procurement’s relationships inside and outside of the enterprise. The diagram below […]

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  • February 19, 2020
    Supply Chain Key Performance - SIPMM

    Key Indicators to Measure Supply Chain Performance

    There is a lot of metrics to keep track in the varies function, but a supply chain should focus the essential or real Key Performance Indicators (KPIs) which will display the most important headlines immediately. It should not be difficult to determine which KPIs to capture, nonetheless, every industries and environment is unique, it is […]

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  • February 19, 2020
    Barcode Scanning in Warehouse - SIPMM

    Essential Techniques for Control of Warehouse Inventory

    Warehousing is the act of storing goods that will be sold or distributed later. Warehousing and all that goes along with it is part of a sophisticated industry known as inventory management. Inventory systems help a business monitor, track and controlling inventory orders, raw materials, finished goods usage and storage along with management of finished […]

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  • February 18, 2020
    Construction and Supplier - SIPMM

    Essential Criteria to Evaluate Construction Supplier

    In the construction industry, ‘supplier’ is a very general term which refers to organisations contracted as part of the delivery of a built asset. Suppliers might have been considered to be organisations contracted to provide physical supplies such as goods, materials, plant, and so on, a supplier as any provider of services or goods either […]

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  • February 18, 2020
    Digital Warehousing - SIPMM

    Key Factors for Effective Warehouse Storage

    The warehouse storage system, also referred to as warehouse management system, is a process whereby we make use of warehouse storage equipment and planning the process to help facilitate the process of managing the warehouse storage, organizing and optimizing space for safe storage as well as safe being for logistics workers at the same time. […]

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  • February 17, 2020
    Robotic Fulfilment Centre - SIPMM

    Key Considerations for Effective E-Commerce Fulfilment

    As a consumer, we at least encounter one of such incidents as receiving the wrong item, delayed missing shipment, damaged or defective items, etc. If customer service is difficult to reach, refund or replace are delayed, it is unlikely to have satisfaction and trust by consumers again because of the unfortunate incident that happens to […]

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  • February 16, 2020
    Online Security - SIPMM

    Fraud Prevention Strategies for Construction Procurement

    Procurement fraud is a growing global problem. It presents a particularly high profile and negative impact on the construction industry. It can cost a construction business millions of dollars and damage its reputation. Procurement fraud relates to purchasing goods, services or commissioning construction projects from third parties. From award to execution, employees and external parties […]

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  • February 15, 2020
    Oil and Gas Industry - SIPMM

    Effective Tender Practices for the Oil and Gas Sector

    The world’s dependence on oil and gas is increasing as global economic and infrastructure continue to rely heavily on petroleum-based products. According to market research by IBISWorld, the total revenues for the oil and gas sector came to $2 trillion in 2017. As the demand continues to grow, we will see more companies exploring new […]

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  • February 15, 2020
    Online Procurement - SIPMM

    Major Pitfalls for Effective Procurement Practices

    Successful procurement strategy benefits are usually derived from adequate and efficient procurement procedures that achieve cost optimizing that meet user requirement. Satisfactory procurement activities are resulted in three major advantages: (1) cost savings, (2) product effect, and (3) technology development commitment. Supplier partner management should be customized to those principles that are aligned with the […]

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  • November 4, 2019
    Cargo Port Terminals - SIPMM

    Digital Technologies for Managing Port Terminals

    With the paradigm shift of ports’ role from port terminal operators since 2000 to trade service providers in the near future, new challenges have arisen with liner operators demanding mega berths for their ultra-large container vessels and better terminal consolidation as service requirements become more diverse and complex. Container terminals are facing pressures to improve […]

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  • November 3, 2019
    Robots Automation for Effective Procurement - SIPMM

    Crucial Digital Technologies for Effective Procurement

    Digital Technology permeates everything we do today, with the current and ongoing technology and maturity in our digital era digital procurement is a must-have for effective procurement. Mechanizing repeatable undertakings in supporting proficiency and decreasing costs preparing partners over the business with real-time bits of knowledge. Analyzing through processes with user-friendly tools and creating new […]

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  • November 2, 2019
    Drone Inspection Construction Site - SIPMM

    Key Digital Technologies for the Construction Sector

    Over the last hundred years, most industries made significant gains on their progress lines. While construction sector lines remain flat. However, we are entering the progress line that is about to increase! What is the force driving this line? Digital Technology helps us improve quality, expedite delivery, keep our people safe, increase the bottom line. […]

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  • November 1, 2019
    Future Lean Six Sigma - SIPMM

    Lean Six Sigma Best Practices for Effective Supply Chain

    Lean six sigma is a process improvement methodology that uses facts, data and statistical analysis for improving quality, productivity, profitability and market competitiveness for any corporation. Lean six sigma helps to achieve supply chain efficiency and effectiveness by delivering goods and services at the lowest cost by having the right inventory processes on hand, easily […]

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  • October 31, 2019
    Futuristic Air Transportation - SIPMM

    Value Creation Strategies for Aerospace Supply Chain

    As the world becomes more integrated through globalization, it becomes increasingly difficult for aerospace companies to grow and expand through the use of traditional business running methods. This is especially so when aerospace companies today have become multinational and increasingly dependent on a global supply chain. The aerospace global supply chain is multilayered, complex and […]

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  • October 30, 2019
    Big Data Analytics on Modern Dashboard - SIPMM

    Integrated Digital Technology for an Agile Supply Chain

    Digital technology continues to drive corporations to reshape its logistics and supply chain. These companies are motivated to embrace the digital revolution, investing millions of dollars in these technologies. Business Volatility, Uncertainty, Complexity, Ambiguity (VUCA) In today’s VUCA world, corporate leaders instead of focusing on competition, have to make a shift move adopting a new […]

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  • October 29, 2019
    Digital Data Analytics - SIPMM

    Cold Chain Excellence through Data Analytics

    Every decade or so, the business world invents another term for how it extracts managerial and decision-making value from computerized data. In the 1970s the favored term was decision support system, accurately reflecting the importance of a decision-centered approach to data analysis. In the early ’80s, executive information systems were the preferred nomenclature, which addressed […]

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  • October 28, 2019
    Monitoring Artificial Intelligence System Control - SIPMM

    Key Success Factors for 4PL Service Providers

    One of the most significant revolution of the logistics industry is the emergence of a new generation of logistics service providers, called fourth party logistics (4PL).The 4PL involves not only the management of a client’s supply chain, but also the development and improvement of their supply chain strategy. 3PL service providers offer far more tactical […]

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  • October 28, 2019
    Electric Delivery Vehicle - SIPMM

    Intermodal Freight Transportation for Effective Supply Chain Management

    Intermodal freight transport involves the transportation of freight in an intermodal container or vehicle, using multiple modes of transportation (e.g., rail, ship, and truck), without any handling of the freight itself when changing modes. The method reduces cargo handling, and so improves security, reduces damage and loss, and allows freight to be transported faster. Reduced […]

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  • October 25, 2019
    Cointainer Truck Risks Hazards - SIPMM

    Mitigating Logistic Risks from Service Providers

    Risk comes in many forms, and the risks faced depend on the nature and complexity of the business. The risks can arise from natural disasters and terrorist activities to finance and technological failures that may disrupt the global supply chain. The key is to identify and quantify the specific risks associated with the different types […]

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  • October 25, 2019
    Construction Site with Workers - SIPMM

    Managing Logistics Assets in the Construction Sector

    Managing Logistics Assets is the piece of inventory network the executives that plans, actualizes, and controls the proficient, powerful forward, and switch stream and capacity of merchandise, administrations, material transportation, administration part the board and related data between the purpose of starting point and the purpose of utilization so as to meet client’ s prerequisites. […]

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  • October 24, 2019
    Future Transportation Logistics - SIPMM

    Intermodal Freight Transportation for Effective Delivery Services

    Intermodal transportation goes back to the 18th century and predates the railways. Some of the earliest containers were those used for shipping coal on the Bridgewater Canal in England in the 1780s. Coal containers (called “loose boxes” or “tubs”) were soon deployed on the early canals and railways and were used for road or rail […]

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  • October 24, 2019
    Wireless communication network of vehicles - SIPMM

    Key Issues on the Logistics of Transportation

    Growing fuel prices increased wages, and peaking inflation indexes all work in tandem to increase transportation costs daily. Cutting a few corners here and there does not always help in meeting the cost-cutting goals for transportation. Adopting a strategic approach to eliminate or reduce bottlenecks can prove pivotal in revamping network designs and consequently cutting […]

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