Why Porter’s Five Forces is important in Supply Chain

Why Porter’s Five Forces is important in Supply Chain Porter’s Five Forces of Competitive Position Analysis is a model of pure competition which implies that risk-adjusted rates of return should be constant across firms and industries. Michael Porter developed this in 1979 as a simple framework for assessing and evaluating the competitive strength and position…

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CPSM Certification -What?

CPSM Certification – What Is The CPSM Certification? The CPSM Certification exam is an acronym for the Certified Professional in Supply Management Certification exam. The CPSM certification is an internationally recognized reflection of expanded knowledge, skills, and the abilities needed to be a successful supply management professional. This professional qualifications exam, overseen by the Institute…

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Getting Started into a Supply Chain Management Career

Getting Started into a Supply Chain Management Career Supply chains play a vital role in the economic growth and stability around the world. It is a profession that requires an overall understanding of the processes of a product from its raw form up to its final product. Supply chain industry is broad and it offers…

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Tale of Two Friends: Experience Alone will not Save You

A story that teaches you why continuing education is important. A certification like the Certified Professional in Supply Management of ISM helps you find out new opportunities in supply chain!

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Supply Chain Professionals need to know about Risk Pooling

Your supply chain can deliver more if you are equipped with the right operations strategy. When you have a concrete and solid operations plan, your supply chain will surely be at the top of the game! Risk Pooling is a theoretical concept that every supply chain manager needs to understand. A better understanding of risk…

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