The term strategy stems from ancient Greek and has its origins in the art of war. In recent decades, the term has become increasingly important in the business world. Here [...]
Some people cannot hear it anymore. No matter which magazine you open or which business podcast you listen to, there seems to be only one topic. Bad news [...]
How can inventory levels be reduced by 60 - 70% and material cost in selected product groups generate savings of up to 20% while maintaining availability at the [...]
Why is spare parts management often treated like an orphan by the company and managed like in the 80s? Inventory costs are too high, storage space is [...]
In practice, the perception of what constitutes good or successful purchasing is based heavily on assessments by the relevant media, consultants or "opinion leaders" among buyers. In the [...]
The key to sustainable implementation of BI tools in purchasing and supply chain In theory, it would be simple: a BI solution ("Business Intelligence") in purchasing and [...]
Transport costs are influenced by many different factors. These were described in detail in the articles of this series. Starting with the article on alignment with customer requirements, in [...]
"Knowledge and information [represent] the central resources of modern society ...". Additional value through data transparency Data and information are the heart of almost [...]
In the previous three articles, we initially focused on the process of placing orders, then on the different possibilities and characteristics of transport systems and finally on the indispensable [...]
In the last two articles the focal point of interest lay in the importance of the transport system to optimize costs and the dimensioning of that system. Consequently, we [...]
