Developing Strategic Partnerships: From Customers to Distributors

Developing Strategic Partnerships: From Customers to Distributors

Effective supply chain management is the backbone of a business but for many companies, it is also a challenge. A typical supply chain involves several entities – buyers, suppliers, distributors, and in the end, customers. Developing long-term relationships at each of these levels is the key to success.

Is a CFO’s Place at the Head of the Supply Chain?

Is a CFO’s Place at the Head of the Supply Chain?

Within the last decade, the corporate world has finally given supply chain management the attention it deserves. Experts have recognized the integral role the supply chain plays in daily operations and, ultimately, the overall success of a business. Ideally, supply chain management is a seamless collaboration between every department within a company. Supply chain policies…

Is Centralized Supply Chain Management a Global Solution?

Is Centralized Supply Chain Management a Global Solution?

One of the biggest debates in the world of supply chain management is whether it’s better to centralize or decentralize procurement and logistics operations. Greenland Contractors, in charge of daily operations at Thule Air Base, entered a partnership with Arctic Import of North Denmark that will streamline their contracts.

Is the Procurement Industry Destined for Corruption?

Is the Procurement Industry Destined for Corruption?

“Vast amounts of money, combined with a secretive purchasing process, can be a formula for corruption.” Zachary Mehan, a communications assistant at the Transparency International Defence and Security Programme, made this statement in reference to government defence procurement, but it can easily refer to all sectors of the procurement industry.