“In today's global economy, it's essential that businesses efficiently execute on or plug into logistics.” BusinessBusiness QuotesBusiness SuccessHendrith SmithMayflower PlymouthLogisticsLogistics StrategyLogistics Business Author:Hendrith Vanlon Smith Jr
“Inventory is something you don't see in nature. Everything in nature has continuous present utility. Our factories and distribution centers need to be optimized such that everything in there has continuous present utility.” DistributionLogisticsSupply ChainSupply Chain ManagementFactoryLogistics Strategy Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
“In this modern era, Panama should be considering new ways to invest in and profit from global commerce, logistics and supply chains. It's not just about widening the canal, but widening the ways in which the nation can add value to and extract value from the movement of products and services globally.” Business QuotesLogisticsPanamaPanama CanalLogistics Strategy Author:Hendrith Vanlon Smith Jr
“In procurement for humanitarian assistance, optimization is achieved when goods and services offering value for money are purchased and delivered within good time to aid people in need at quantity volumes which ensure economies of scale at prices that maximize reach to beneficiaries.” LogisticsHumanitarian AidAidProcurementPurchasing GreatnessLogistics StrategyEmergency ResponseLogistics Coordination Author:Victor Manan Nyambala
“Buying a product or a service is not procurement, that is purchasing. “Procurement” is more multifaceted! “Procurement” will assess needs, define requirements, comb the market and onboard vendors against set criteria. “Procurement” solicits for proposals in formal fashion and allows for a fair competitive ethical environment. “Procurement” contracts based on value for money and maintains full accountability and transparency. To deliver goods and services in the right quality from the right source, at the right price to the right destination at the right time in the quantity and in the right way is not purchasing. All that requires a broad range of strategies, which in one word means “procurement”!” ManagementStrategyBuyingEffectivenessPurchasingProcurementPurchasing GreatnessLogistics StrategySourcing Author:Victor Manan Nyambala
“Buying a product or a service is not procurement, that is purchasing. “Procurement” is more multifaceted! “Procurement” will assess needs, define requirements, comb the market and onboard vendors against set criteria. “Procurement” solicits for proposals in formal fashion and allows for a fair, competitive, and ethical environment. “Procurement” contracts based on value for money and maintains full accountability and transparency. To deliver goods and services in the right quality, from the right source, at the right price, to the right destination, at the right time, in the right quantity, and in the right way is not purchasing. The portfolio of strategies required to deliver value for money can be summed up in one word “procurement”!” StrategyBuyingEffectivenessPurchasingLogisticsProcurementPurchasing GreatnessLogistics StrategySourcing Author:Victor Manan Nyambala