Supply Chain Solutions No.35 – Procurement Fraud

Supply Chain Solutions No.35 – Procurement Fraud

Sourcing from Asian suppliers generally leads to various ways to incentivise the sale which some believe is a regular part of business, but others may say fraud. Greasing palms to garnish a business deal is an age-old affair globally, is it ethical no, but it happens regularly

Supply Chain Solutions No.33 – Employee Bribery

Supply Chain Solutions No.33 – Employee Bribery

Organisations engaged in direct and indirect procurement, there is always a chance an employee will engage in some form of inappropriate behavior that is not in the interest to the business.

Supply Chain Solutions No.32 – Supplier Deception

Supply Chain Solutions No.32 – Supplier Deception

When a seller lies about who they are, have cash flow challenges temporarily disrupting supply or goes into bankrupcy crippling the supply chain, the business effects can also be devastating due to losing sales and customer reputation.

Supply Chain Solutions No.31 – The Supplier is only as good as the information you give them

Supply Chain Solutions No.31 – The Supplier is only as good as the information you give them

Why doesn’t this Chinese supplier listen to what I said or follow the instruction sheet?

Supply Chain Solutions No.30 – Strategic Sourcing

Supply Chain Solutions No.30 – Strategic Sourcing

Strategic sourcing is the continual improvement and re-evaluation of your vendor matrix. The vendor matrix defines a group of vendors capable of meeting business procurement objectives across category spend, capacity, quality, and sustainability.

Supply Chain Solutions No.29 – Price Versus Cost

Supply Chain Solutions No.29 – Price Versus Cost

Irrespective if the sourced item is direct or indirectly procured, the objective is to maximise perceived value which must maximise margin, be within cost and on time with the least amount of effort, and quality is fit for end use.

MOU – Intellectual Property Agreement

MOU – Intellectual Property Agreement

This document serves as an MOU IP agreement example for any business engaging a Chinese entity in a development project for consumer goods. The MOU sets the tone for sharing IP under one product and the rights of each party.

Supplier Payment Terms

Supplier Payment Terms

Having the best-fit payment terms is an important part of the supplier management process, but what are the best payment terms for my business when working with Asian apparel suppliers?

Supply Chain Solutions No.26 – Downstream Supplier Management

Supply Chain Solutions No.26 – Downstream Supplier Management

Do you only evaluate the seller shipping or delivering the goods to your door or do you manage the full supply chain to reduce risk and build brand integrity?

Supply Chain Solutions No.25 – Is GUT based Supplier Sourcing Rational?

Supply Chain Solutions No.25 – Is GUT based Supplier Sourcing Rational?

When evaluating suppliers, both services orientated and manufacturing, when you first meet the potential vendor and based on the immediate surrounding your gut forms a first impression.

Supply Chain Solutions No.24 – Mutual Confidentiality Agreement

Supply Chain Solutions No.24 – Mutual Confidentiality Agreement

When starting preliminary discussions with potential new vendors or third party partners, it is advisable to have a confidentiality agreement in place to protect intellectual property or what may be considered information that you do not want competitors or business partners to know. This first step must be considered as a general course of action to protect Confidential Information.

Supplier Terms and Conditions

Supplier Terms and Conditions

The Supplier Terms and Conditions intend is to ensure all suppliers who manufacture your companies product comply to all business requirements to delivery fit for market product from a price, delivery and quality perspective. These Terms and Conditions are extensive in content, are China centric and serve as an example only.