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The Singapore Institute of Purchasing and Materials Management ( SIPMM) is a not-for-profit, independent professional organisation founded in 1972 [4] with the aim to enhance managerial effectiveness of professionals in purchasing, logistics, materials and supply chain management. The mission of SIPMM is to lead professional competence in ...
Website. Professor Philip Poh. Philip Poh is a professor that developed the Singapore Purchasing Managers Index (PMI) in 1998. [3] After a successful pilot survey, the Singapore PMI was launched in January 1999 and the index has become a barometer of the Singapore manufacturing economy. In 2002, government officials in China sought the advice ...
Vendor-managed inventory ( VMI) is an inventory management practice in which a supplier of goods, usually the manufacturer, is responsible for optimizing the inventory held by a distributor. Under VMI, the retailer shares their inventory data with a vendor (sometimes called supplier) such that the vendor is the decision-maker who determines the ...
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According to the Singapore Institute of Purchasing & Materials Management (SIPMM), the Singapore manufacturing PMI has recorded its 19th month of consecutive expansion. Singapore PMI expands 0.3 ...
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Find out what you need to know about Candida auris, a fungal infection affecting people in hospitals. Mole crickets are common pests that wreak havoc on lawns and turf. Learn the signs of a mole ...
In 2002, SIPMM assisted China Federation of Logistics and Purchasing (CFLP) to produce the China Official PMI. ISM, SIPMM, and Markit purchasing managers indices include additional sub indices for manufacturing surveys such as new orders, employment, exports, stocks of raw materials and finished goods, prices of inputs and finished goods.