Streamline Your Supply Chain Management with LSC! Managing a supply chain in the UK construction industry can be challenging—especially when PQQ evaluations and chasing supplier documents eat into your valuable time. That’s why Local Supply Chain (LSC) is here to help! Simplify the process, save resources, and focus on what really matters. Ready to learn more? Email us at hello@localsupplychain.co.uk today!
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Supply chain issues in construction? They're hurdles, not stop signs. 🚧 Adapting with flexible procurement strategies and leveraging technology for better inventory management can turn these challenges into opportunities for optimization. Oh, and don’t forget about maintaining strong supplier relationships – you’ll need those too. Facing supply chain challenges? Let's brainstorm solutions together and keep our projects moving forward. #SupplyChain #ConstructionChallenges #ProblemSolving
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Applying Lean principles in procurement involves minimizing waste, maximizing value, and creating efficient processes. Here’s a step-by-step approach to implementing Lean concepts in procurement
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✨ We're heading to Advancing Construction Strategic Procurement! 🏗️ Stop by the Tough Leaf booth to explore how we’re transforming procurement strategies. 💡 Learn about Tough Leaf ClearSpend, our solution for monitoring diverse spend and driving compliance. Let’s connect to build stronger supply chains and smarter projects! 🤝 #ConstructionInnovation #Procurement #supplychain #strategicprocurement #construction
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Elevate your material procurement strategy with our comprehensive planning feature! 📦✨
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And finance also…
Procurement Consultant: Helping PE backed businesses with NO strategic procurement expertise to maximise ROI, minimise risk, train budget-holders and get fit for purpose suppliers so you're ready for the next stage
Anyone relate? _________________________ 😃 Hi I'm Steve Walton. I help companies to fully realize the value procurement brings in terms of cost savings, risk mitigation, supplier innovation and sustainability. DM me if you’re ready to move procurement beyond a tactical purchasing function, and need consultancy and training. 💸📉📊
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Finished certification in Purchasing and Materials Management The following topics: - Introduction of purchasing and material management. - Material requirements planning and JIT. - Quality inspection and how it’s related to material management. - Acceptance sampling plan and advantage and disadvantages.. - Standardisation simplification and variety reduction. value analysis & Engineering. - Apprisal methods for buying capital equipment. - Material logistics & where housing management. - Price determination & negotiations. - Vendor rating selection and development. - Puublic purchasing and tendering & international purchasing.
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Struggling with high procurement costs? Here's three quick tips I learnt from Dani Hodges, CCO at HSS ProService Marketplace on how you can cut down expenses effectively! 1. Embrace sustainable suppliers for long-term savings. 2. Implement value engineering at the point of order for cost-effective solutions. 3. Regularly monitor supplier performance and ensure you're getting the right bang for your buck. Discover more tips (and these in more detail) in 'Keeping down off-hire costs: how to maximise your procurement efficiency': https://okt.to/ZRAsIx
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Struggling with high procurement costs? Here's three quick tips I learnt from Dani Hodges, CCO at HSS ProService Marketplace on how you can cut down expenses effectively! 1. Embrace sustainable suppliers for long-term savings. 2. Implement value engineering at the point of order for cost-effective solutions. 3. Regularly monitor supplier performance and ensure you're getting the right bang for your buck. Discover more tips (and these in more detail) in 'Keeping down off-hire costs: how to maximise your procurement efficiency': https://okt.to/DwTPvA
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Procurement is more about strategic planning, negotiation, and forecasting to ensure projects have the right resources, at the right time, and at the best possible value. Take our concrete supply, for example. When it came time to negotiate with a local supplier known for high-quality but premium pricing, just haggle over rates is not enough. Instead, I came prepared with a detailed project forecast showing exactly how much concrete we would need over the next 6 months, broken down by month and project phase. By sharing this data-driven forecast, I was able to demonstrate the value of a long-term partnership. The supplier could optimize their production schedules, allocate resources more efficiently, and reduce uncertainty in their supply chain. In return for this transparency and commitment, they agreed to give us a better rate and offered dedicated service — priority delivery slots, faster turnaround times, and direct access to their account manager. This wasn’t just about saving money; it was about ensuring timely, reliable deliveries that kept the project on schedule. We turned a price negotiation into a win-win partnership where both sides benefited — we got a great rate and personalized service, and the supplier gained steady, predictable business. #Procurement #Construction #StrategicSourcing #Forecasting #SupplierRelationships #ConcreteSupply #CostControl #Efficiency #MaterialManagement #DataDriven
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⚙️Material management is a critical process in supply chain management that involves planning, organizing, and controlling the flow of materials from their initial purchase to the final delivery of the product. Effective material management ensures that the right materials are available at the right time, in the right quantity, and at the right cost, which is essential for maintaining production schedules and minimizing costs. Here's an overview of the key steps involved in the material management process.
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