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Full-Text Articles in Business
Is It Time To Dump Your Vendor Management System?, Rihaz Z. Chughatta
Is It Time To Dump Your Vendor Management System?, Rihaz Z. Chughatta
Rihaz Z Chughatta
Most companies today have either implemented, or are exploring, some form of a Vendor Management System (VMS) to consolidate their external suppliers. Companies that sell a VMS point out that this system allows a Customer to get the most cost-effective solution for their needs within a certain category of suppliers; the “when suppliers compete, you win” mentality prevails. Some of the VMS even have performance metrics by which suppliers are measured and then rated in the system; thus making the case that not only does a VMS provide the most cost-effective, but also the best performing and most efficient solution …
Turning Packaging Into Profit, Rihaz Z. Chughatta
Turning Packaging Into Profit, Rihaz Z. Chughatta
Rihaz Z Chughatta
Packaging can be an expensive function to maintain, but it doesn’t have to be. In fact, Packaging can be a source of income for a company. More accurately, what if you took a look at your company’s Profit and Loss and saw Packaging as a negative expense? That’s right, you can turn packaging into profit for your company. How do you accomplish this feat? Glad you asked … read on to find three simple ways to start this process (and satisfy your curiosity) …
Outsourcing The Packaging Function, Rihaz Z. Chughatta
Outsourcing The Packaging Function, Rihaz Z. Chughatta
Rihaz Z Chughatta
If you are currently working in the packaging department of a major corporation in the pharmaceutical, food or consumer products industry, you have probably been exposed to some form of outsourcing, which is a global trend that has emerged over the past decade, and continues to evolve, within the packaging field.