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Full-Text Articles in Entrepreneurial and Small Business Operations
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.