Tag Archive - Supply Chain

Is Procurement Any Different To Supply Chain Management? (Part 3 of 3)

 

In the last blog, I promised my perspective on supply chain management and procurement in the light of the wisdom shared by so many “cyber friends” to illuminate personal experiences of participating in challenging projects with industry leaders of all sizes.

Procurement vsx Supply Chain Management 3

Let me begin by stating that in my opinion, the term product can be interchanged with that of service without compromise although both will obviously manifest in distinctly different supply chains.

I like definitions as I think they bring shared clarity although I recognise that depth of understanding takes time which is why the songs of Leonard Cohen invariably improve with listening. The Supply Chain Operations Reference model (SCOR) has a fine pedigree and is based on five distinct management processes: Plan, Source, Make, Deliver, and Return.

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Posted on October 3, 2012 in Procurement, Supply Chain, Supply Chain Management by
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[Guest Post] Advance Shipping Notices – Digital & Physical Supply Chain Consideration

Today Celtrino welcome a guest post from Michael Kelsey, a founder of Business Software Solutions and one of Celtrino’s business integration partners.

Supply Chain Pressures

Michael Kelsey

Michael Kelsey, Owner at Business Software Solutions

In these days of ultra-competitive pricing, the retailers are making every effort to control costs within their own businesses.  With the labour cost attached to moving stock through the organisation, streamlining activities within the supply chain becomes ever more critical.  A number of retailers are requiring their suppliers to support this process by providing information electronically in advance to ensure stocks can be received, stored and acknowledged with minimum manual intervention.

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Posted on September 28, 2012 in Advanced Shipping Notice, Supply Chain by
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Is Procurement Any Different To Supply Chain Management? (Part 2 of 3)

Is Procurement Any Different To Supply Chain Management?

Last week, I promised to share with you the synthesis of my take-aways from this discussion. What strikes me is that supply chain management of which procurement is a vital component is practiced with enthusiasm and skill by professionals all over the world. And, it is not just the multinational corporations that strive to optimise customer satisfaction in a net value manner. Every company, irrespective of size, global footprint and industry, pays particular attention to its supply chain. Successful companies recognize the key competitive importance of supply chain management.

 

 

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Posted on September 26, 2012 in Procurement, Supply Chain, Supply Chain Management by
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Is Procurement Any Different To Supply Chain Management? (Part 1 of 3)

Procurement vs Supply Chain Management

I’m not sure what W.B. Yeats might say about the advent of social media and if indeed “a terrible beauty is born” but I would say that something has “changed utterly”. Today, I share with you over one social medium the results of another. Over the last weeks, I have solicited the help of an international group of LinkedIn procurement professionals to help clarify real world differences between procurement and supply chain management. The 110 contributions (and counting) have been fantastic in so far as they all added value and over time turned my initial premise inside out and back again in a genuinely helpful way.

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Posted on September 19, 2012 in Procurement, Supply Chain, Supply Chain Management by
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Dynamic Discounting / Invoice We Trust

Dynamic Discounting - Invoice We Trust

Regardless of how “good” a business may be, ultimately its fate rests on a solid cash flow. In order to continue trading, every company needs money to come in so that they can purchase raw materials, which can be processed and converted into saleable goods and in turn create more cash.

As harsh economic conditions continue to bite, businesses are delaying payment to their suppliers to moderate their own cash flow, but in doing so jeopardise the viability of the other members of their supply chain. So how does a business encourage its customers to pay on time, or better yet, early?

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Posted on September 5, 2012 in Accounts Payable, Cash Flow Management, Celtrino Platform, Smart Admin, Supply Chain by
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Can Samsung Learn From Apple’s Supply Chain?

Can Samsung Learn From Apple’s Supply Chain?

Leading computer and smartphone manufacturer Apple has topped Gartner’s global supply chain ranking table for the fifth consecutive year. The report accompanying the release of the rankings was impressive – a 20.2% return on assets coupled with a 51.5% growth in revenue on the previous year gave Apple an unassailable lead.

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Posted on August 29, 2012 in Gartner, Report, Supply Chain, Supply Chain Management by
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Supply Chain Issues Cost UK Tech Firms Dearly

Supply Chain Issues Cost UK Tech Firms Dearly

Although tech giant Apple may have a superb supply chain to thank for much of their continuing success, a recent report by insurance provider Zurich suggests that medium-sized UK tech companies are not so fortunate. In the document, entitled ‘Weakest Link: UK Plc’s Supply Chain’, analysts reported that 88% of the 500 businesses surveyed had experienced at least one significant and costly disruption to their supply chain.

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Posted on August 15, 2012 in Celtrino Platform, Cloud Computing, Supply Chain by
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Eliminate duplicate invoices

Eliminate Duplicate Invoices

Ask anyone in accounts payable what takes longer to process than an invoice, and they will give a simple answer: a duplicate invoice. A standard invoice takes an unexpectedly long time to process from receipt in the post to despatch of payment, and it is this time factor that makes the entire procedure so costly. However if a second, identical invoice is received, the cost is further increased.

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Posted on June 1, 2012 in Celtrino Express, e-Invoicing, eBilling, Electronic Billing, Supply Chain Performance by
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Who Can Benefit from Celtrino Express? An Interview with John Behan

Celtrino Express provides a document transaction platform for moving information between supply chain partners securely and with a full audit trail history to provide transparent reporting of processing progress. John Behan, Director at Celtrino, explains more about the potential applications of Celtrino Express.

John Behan, Director at Celtrino, explains the key benefits of Celtrino Express e-Billing Service

John Behan, Director at Celtrino

Transferring documents electronically between businesses has always been a trade-off between simplicity with error, such as when using email, or extremely complex to prevent these errors, such as traditional EDI. Neither of these approaches is ideal as online businesses move towards a more social model,” said Behan, which is why Celtrino Express has been specifically designed to be simple and intuitive to use whilst providing a secure mechanism for transparent audit trail creation and workload reduction.”

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Posted on May 25, 2012 in Celtrino Express, Celtrino Platform, EDI, Supply Chain, Supply Chain Management by
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An introduction to Celtrino Express from Ken Halpin

The latest innovation from Celtrino is the new Celtrino Express platform designed to improve supply chain performance by reducing the administrative costs associated with business document transfer. Celtrino Express is a web based trading partner portal which allows for audited document transfer ensuring that critical information gets to the correct party whilst being as simple to use as popular websites like Facebook.

Celtrino Express e-billing

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Posted on May 23, 2012 in Celtrino Express, e-Invoicing, eBilling, Electronic Billing, Supply Chain Performance by
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