Information about LPS Professionals

News & Events

Information about LPS Professionals

News & Events

by Admin
  • July 20, 2019

    Essential Strategies for Public Procurement Practices

    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 […]

    Read More
  • July 20, 2019

    Technologies for an Effective Healthcare Supply Chain

    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 […]

    Read More
  • July 19, 2019

    New Technologies for the Food & Beverage Industry

    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 […]

    Read More
  • July 19, 2019

    Digital Procurement for the Banking Sector

    “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 […]

    Read More
  • July 19, 2019

    Data Analytics for Optimizing Inventory

    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 […]

    Read More
  • July 18, 2019

    New Technologies to Manage Freight Shipments

    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 […]

    Read More
  • July 18, 2019

    Blockchain Technology for the Construction Sector

    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, […]

    Read More
  • July 17, 2019

    Digital Technologies for Fleet Visibility and Responsiveness

    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 […]

    Read More
  • July 16, 2019

    Five Crucial Areas for Successful Transformation to Digital Procurement

    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 […]

    Read More
  • July 13, 2019

    Technologies for More Productive Warehousing

    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 […]

    Read More
  • July 13, 2019

    Key Procurement Strategy for the Oil and Gas Industry

    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, […]

    Read More
  • July 13, 2019

    Industrial Automation for the Supply Chain Industry

    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 […]

    Read More
  • July 12, 2019

    Essential Sustainable Practices for Procurement of Mineral Products

    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 […]

    Read More
  • July 12, 2019

    Four Key Digital Technologies for Data Centre

    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 […]

    Read More
  • July 12, 2019

    The Essential Strategies for a Successful Procurement Negotiation

    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 […]

    Read More
  • July 12, 2019

    Essential Strategies for Alignment of Sustainable Procurement

    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 […]

    Read More
  • July 11, 2019

    Five Best Procurement Practices for FMCG Sector

    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 […]

    Read More
  • July 11, 2019

    Crucial Strategies to Prevent Procurement Fraud

    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 […]

    Read More
  • July 11, 2019

    Key Performance Indicators (KPIs) for the Logistics Sector

    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, […]

    Read More
  • July 10, 2019

    The Reverse Logistics for Plastic Materials

    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. […]

    Read More
  • July 9, 2019

    Integrated Logistics Practices for the Food Industry

    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 […]

    Read More
  • July 8, 2019

    Essential Considerations for using a Global Logistics Service Provider

    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 […]

    Read More
  • April 22, 2019

    Blockchain for Visibility in the Food Supply Chain

    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 […]

    Read More
  • April 21, 2019

    Key Digital Technologies for a Smart Warehouse

    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 […]

    Read More
  • April 21, 2019

    Robotic Process Automation (RPA) for Digital Warehousing

    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 […]

    Read More
Top