Blog tagged as Michigan

Why Logistics and Supply Chain Management is a Promising Career

12-16-14 05:15 PM By Randall Mauldin - Comment(s)
Logistics and supply chain managers are the air activity controllers of the worldwide market and can give an organization the focal point it needs to surge in front of its rival. In the event that any piece of the supply chain comes up short, then a business can end up with an enormous issue. That i...

Your Company is Exposed to Supply Chain Risks

12-16-14 05:07 PM By Randall Mauldin - Comment(s)
Disaster and Risks Loom in Your Supply Chain The late event of defective ignition switches in General Motors autos ought to serve as a wakeup call to organizations that need great perceivability into their worldwide supply chains. At the same time most have neglected to actualize sufficient inventor...

Hiring a Supply Manager Vis-a-Vis Business Returns

12-15-14 05:48 PM By Randall Mauldin - Comment(s)
Hiring a Supply Manager Vis-à-vis Business Returns Entrepreneurship’s transition compared to the latter days is rapid as business becomes more complex. Everything is quantified financially and every step that has to be undertaken is critical. At present, for every successful enterprise lays the...

The Value of Information Technology in Relation to a CPSM's Role

12-15-14 05:42 PM By Randall Mauldin - Comment(s)
The Value of Information Technology in Relation to a CPSM’s Role With the complexities that surrounds the business world today; the demands from each point were more demanding. From Suppliers to the consumers, many process involve have become so multifaceted that even a simple method involved in the...

What Supply Chain Leaders should remember in creating an Effective Marketing Plan

12-13-14 09:03 AM By Randall Mauldin - Comment(s)
What Supply Chain Leaders should remember in creating an Effective Marketing Plan It’s better to be prepared than sorry! Supply chain professionals are not only confronted with the proper scheduling of delivery, they also have to foresee the future and develop their own Marketing Plan. Every profess...

Why Porter’s Five Forces is important in Supply Chain

12-13-14 08:57 AM By Randall Mauldin - Comment(s)

Why Porter’s Five Forces is important in Supply Chain

Porter's Five Forces of Competitive Position Analysis is a model of pure competition which implies that risk-adjusted rates of return should be constant across firms and industries. Michael Porter developed this in 1979 as a simple framework for a...

Supply Chain Professional: Good, Better, Best

12-12-14 04:59 PM By Randall Mauldin - Comment(s)
Boost your chances of succeeding in your career with the help of CPSM Certification Training Boot Camps.Going into the corporate world with a handful of knowledge can be fraught with stress and movement constraints, given how issues and competition matters inevitably mix in the corporate world. But ...

CPSM Study Cheats 2A: 4 Primary Forecasting Techniques

12-09-14 09:02 PM By Randall Mauldin - Comment(s)
CPSM Study Cheats 2A - 4 Primary Forecasting Techniques Forecasting is part of the 2nd CPSM Exam. It is important that every supply chain professional must know about forecasting because this helps organizations plan for the future. Some professionals employ a subjective criteria and often amount re...

Crucial Task of a Certified Professional Supply Manager

12-08-14 07:26 PM By Randall Mauldin - Comment(s)
Crucial Task of a Certified Professional Supply ManagerCPSM deals not only with one task, but it deals with several tasks with coresponding sub-tasks. Big tasks which can make or break the company, since it deals job from material sourcing, purchasing, planning and assuring on-time product deli...

CPSM Cheats 1F3: Develop and Implement Supplier Diversity

12-01-14 03:26 PM By Randall Mauldin - Comment(s)
The Certified Professional in Supply Chain Management or CPSM is comprised of 3 Examinations. Part of the 1st Exam covers the topic “supplier diversity”. This topic explores why organizations should have a supplier diversity program and how such program should be developed and implemented. CPSM ExamHere a...

CPSM Cheats 1F2: Developing and Managing Effective Supplier Relationships

12-01-14 03:22 PM By Randall Mauldin - Comment(s)
Suppliers are considered as the most under-utilized resources in any business organization despite the fact that they are enthusiastic and willing to help the mission of the buying firm. You might not notice it, but suppliers are knowledgeable and have the ability to aid you in the completion of you...

CPSM is for 40s too

11-28-14 06:48 PM By Randall Mauldin - Comment(s)
CPSM belongs to the 40’s too! You may be thinking CPSM is just for the young entrepreneurs or the young professionals. You are wrong. Even if you are in your forties you still have a chance to change your future and the  digit of your wage. How? Easy, take and pass the CPSM Exam and surely you ...

Passing the CPSM Exam within 1 month

11-28-14 06:39 PM By Randall Mauldin - Comment(s)
Passing the CPSM Exam within 1 month The Certified Professional in Supply Management is comprised of three examinations, but passing all three exams is possible within one month! Supply Leaders' Academy has helped several procurement and supply chain professionals pass the CPSM Exam and some of them...

Is it important for a CPSM to know the Economic Weather of a Business?

11-24-14 06:36 PM By Randall Mauldin - Comment(s)
Let’s not beat around the bush, the answer is definitely yes! CPSM is considered good in this field. They can estimate variables at some specified dates; this can be based on statistics, previous sales records or operation and data, whichever the field may be, of course Risk and uncertainty are giv...

5 WAYS FOR A SUPPLY PROFESSIONAL TO BECOME SUCCESSFUL IN THEIR 30'S

11-23-14 03:29 PM By Randall Mauldin - Comment(s)
There are three possible things that a 30-year old supply chain professional is currently experiencing now. First, he might be on top of his career and successful in leading his own team, receiving a huge chunk of money every month, but stressed and pressured. Second, he might be in the middle-entry...

Why CPSM is a Great Value to the Corporate World

11-20-14 05:58 PM By Randall Mauldin - Comment(s)
Is a professional who passed the CPSM Exam a great value to the corporate world or is it a waste of money? It’s not unusual for any company to hire employees who has a mindset of an entrepreneur, and it is also common for a company to hire a goal oriented person, specifically a ...

Why Hire a Certified Professional on Supply Management or CPSM for your Company

11-20-14 05:41 PM By Randall Mauldin - Comment(s)
Can a CPSM really help your company? What is a company? What is business? Of course these two are associated with each other. We all know a company is not only owned by a sole proprietor, but it is a collection of individuals whose main aim is profit which possess diverse ideas on how to ...

Reducing the Risk of Liability in Supply Chain

11-15-14 06:00 PM By Randall Mauldin - Comment(s)
Supply chain professionals are capable of increasing global supply chain efficiency, but they can also increase the risk. Unfortunate calamities like earthquake, tsunami, typhoon, hurricane and other events may affect the supply chain. The Japanese earthquake recently demonstrated how a calamity wou...

Dealing with Supply Chain Inefficiency

11-15-14 05:56 PM By Randall Mauldin - Comment(s)
Sixty-two percent of supply chain managers are facing supply chain interruptions, safety issues, and a number of government regulation issues. These problems may seem minute and important to professionals who don't have any idea about supply chain, but a Certified Professional in Supply Chain Manage...

How NOT to Waste Time while Negotiating Contracts

11-06-14 03:23 PM By Randall Mauldin - Comment(s)
Eighty percent of your time is wasted while negotiating contracts. This is commonly experienced when both are in disagreement with the terms and conditions stipulated in the contract. The negotiation phase  is a gruelling process that both consumes time, energy, and can impede the developments...
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