Bimal Singha

Changes Cited in 2008 Revised issue of ISO 9001 is been summed up as below Clause 0.2 (Process approach): • Text added to emphasize the importance of processes being capable of achieving desired outputs Clause 1.1 (Scope) • Clarification that 'product' also includes intermediate product • Explanation regarding statutory, regulatory and legal requirements Clause 4.1 (General requirements) • Notes added to explain more about outsourcing • Types of control that may be applied to outsourced processes Relationship to clause 7.4 (Purchasing) • Clarification that outsourced processes are still responsibility of the organization and must be included in the quality management system Clause 4.2.1 (Documentation) • Clarification that QMS documentation also includes records • Documents required by the standard may be combined • ISO 9001 requirements may be covered by more than one documented procedure Clause 4.2.3 (Document control) • Clarification that only external documents relevant to ...

If you are a purchaser, it's utmost important to understand Suppliers Goal to built a better relationship and winning the relationship. So let's look at four common supplier goals and how you can help your suppliers achieve them… Supplier Goal #1: Reduce Payment Cycle - All suppliers want better cash flow (i.e., getting paid more quickly). So, in a supplier partnership, you should try to improve the speed at which your organization pays the supplier. Like any purchasing improvement initiative, understand your baseline, implement improvements, and measure the change against the baseline. Supplier Goal #2: Increase Sales - To increase sales, suppliers need to have a marketing edge over their competition. You can help a supplier partner in this regard by offering a testimonial that they can use in their marketing material and/or serving as a reference. Supplier Goal #3: Reduce Cost & Complexity - Many buying organizations request special treatment from their suppliers. W...

Slowing down of economy has prompted in breaking the brain of many masterminds! Yes, there seem to have hardly any option left to stop the negative impact of this catastrophe of economy. Almost all the establishments have tried all short of possible options to check the damages but the worsening situation has widen the possibility of mending the damages. In this situation, efficient practice would be taking the right decision instantly and implement the same within no time lapse. When I say the right decision, you may ask - what could be the right decision at this point of time?... Well, I would suggest few points which may be helpful to you to take right decision. But, keep in mind that to be greedy at this juncture will further stop you from implementing the policy which will help you to keep going unaffected even in this economic condition. 1. Do not stress the production to the maximum but keep at the optimum level where you feel comfortable in terms of meeting the demand of t...

The economic slowdown has prompted a fear factor towards vendor relationship in such a way that no entity can be fully trusted to the commitment they make. At the present scenario, nobody is sure about the others credential; hence it's essential to have a renewed contract with stringent clauses protecting the contract. If you have pending contracts, where the contract is not been protected and monetary involvement is there in the component of advances; than it's essential to carry out physical verification at the site and try to renegotiate to protect the contract in the form of minutes of meeting ; so that the contract is safe to carryout. The reason behind all this renegotiation and renewing the contract may be summed up as follows - You never know the internal strength of the vendor to honor the commitment. Liquidity Crunch is there at all segment of business at this moment, so the demand from the vendor may not be in the line of your contract but to cope the liquidity crun...

I would be focusing mainly on secondary steel producer on the direct impact of the present scenario of GLOBAL MELTDOWN . It's very shocking as the impact has gone so far that survival is an threat to this specific sector. The reason being that, it's dependent on sourcing of Raw Material from overseas and the availability of the domestic supply of Raw Material on the other side and at the other end decreased demand due to the slowdown of Real State Development and Projects. Impact on Sponge Iron Producing Unit Recently, National Mineral Development Corporation (NMDC) and Private Mine Owners has raised the Iron Ore prices. This has further worsen the situation for the Sponge Iron (DRI) producers who does not have their captive mines. As all must be aware that Imported Non-coking Coal of South African Origin is the most suitable Coal to produce quality DRI as compared to the Indonesian Origin and Indian Coal; beacuse of Low VM, High FC, Low Sulphur Content and Less Moisture. ...

Every job/work has different professional profile. If you have all required qualification and also required skills; you have to acquire set of attitude to handle the given job/work. Right attitude to perform right kind of work is very important. It's all about developing "The Love of the JOB". Until and unless you fail to develop the liking you can't give justice to the given job. The following are the personal traits which may be termed to be key professional requirement to be a successful Procurement Professional. Good interpersonal relationship. Transparency in dealing with the Vendors and Internal Departments as well. Ability to gain trust with the vendors. Wide relationship with the prospective suppliers in different geographical locations. Good analytical aptitude. Learning ability and good listener. Procurement is not just paying and getting the goods. It's much more than that. You have to ensure procuring the best at most economical way. It's the backb...