International Procurement

International procurement can give your company a wider variety of potential suppliers and provides more options for competition. Many international suppliers are happy compete competitively for international contracts. Before making your supply chain global by jumping into international procurement there are some points to consider: Supply Volume Large-scale manufacturing sites in operation often require aContinue reading “International Procurement”

Tender Types and Procedures

Before a tender is prepared and released to prospective suppliers the purchasing company will need to decide on the type of tender procedure they wish to use. The tender procedure used will define the interaction with any prospective suppliers and how these suppliers will submit their tender contract application.  Each procedure has its advantages and disadvantagesContinue reading “Tender Types and Procedures”

Ethical Procurement

Ethical procurement is no longer just a matter of trust between the buyer and supplier in the supply chain. There are a number of factors that must be considered. Of course, purchasing ethics plays a part in both global and local procurement but it can be more of an issue internationally. A willing or previouslyContinue reading “Ethical Procurement”

UK Port Congestion – what happened?

Most of the UK seaports have been (and some still are) suffering from severe congestion. It is extremely frustrating for the ports, freight forwarders and importers alike. If you have been effected, like me, you may be wondering – what happened? From what I can observe, like most problems, a number of factors have contributedContinue reading “UK Port Congestion – what happened?”

The Five Main Tender Principles

Tendering is the process of enabling prospective suppliers to bid and compete for a specific purchase or service requirement for your company. The tender document outlines the specific requirement and the whole process filters prospective suppliers to determine the most suitable to fulfil the requirement. There are five main ethical and legal principles that mustContinue reading “The Five Main Tender Principles”

Energy – The Hidden Waste

No company likes waste, in fact many companies implement systems to actively try and eliminate waste such as Lean 5S and Six Sigma. The problem is – these systems are designed for reducing time and process waste and do not directly address company energy waste. Surprisingly, the most efficient ‘Lean’ manufacturing or logistics company canContinue reading “Energy – The Hidden Waste”

Green Logistics – an environmental cause with an economic effect

All companies have a Corporate Social Responsibility (CSR), not only to their shareholders and stakeholders but to all of society in which they operate including the public and the global environment. More than ever companies are realising the need to take action to acknowledge how their operations affect and impact on the surrounding and globalContinue reading “Green Logistics – an environmental cause with an economic effect”

What is Postponed VAT accounting?

On the 1st January 2021, the UK left the EU VAT scheme. This now means import VAT will be charged on all applicable import shipments entering the UK. What is Postponed VAT accounting? Postponed VAT accounting (PVA) is a new tax system being implemented within the UK. If your business is registered for UK VATContinue reading “What is Postponed VAT accounting?”

What is 7PL?

In the rapidly advancing logistics industry, party logistics (PL) services are continuing to evolve. Many customers are still just becoming familiar with 4PL and 5PL as workable supply chain solutions – let me introduce 7PL. 7PL, like 4PL, is a management service but it can also incorporate 3PL services. So it is in essence theContinue reading “What is 7PL?”

Logistics Service Quality: How important it is for your business?

Service quality is a pivotal aspect of just about any industry out there. However, for logistics companies, service quality is irreplaceable. In this blog, we’ll be exploring exactly what logistics service quality is and why it’s so important in the logistics world to satisfy customer. In today’s context of a global dynamic market, many companies areContinue reading “Logistics Service Quality: How important it is for your business?”