Procurement Insights
FEBRUARY 17, 2024
FIRST, SOME BACKGROUND INFORMATION In August 2007, I wrote an article titled “Procurement’s Expanding Role and the Executive of the Future.” However, the same individual concluded, “One strategic business thinker with the right skills and capabilities is worth 10 or 12 of your normal, run-of-the-mill purchasing people.”
Procurement Insights
NOVEMBER 19, 2023
.” Mission Control The following excerpt from a June 2007 post talks about decentralization and centralization in procurement – [link] The theory behind the balanced approach is that self-sufficient (usually larger) departments, while independent, will be collaborative partners with the central purchasing group.
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Procurement Insights
DECEMBER 27, 2023
My Response R.Gökhan Hüner , you provide great insights that immediately reminded me of the following excerpt from an article I wrote in 2007 – [link] “Unfortunately, most purchasing departments “inherit” their software as an adjunct downstream byproduct of either an original finance or IT-centric initiative.
Procurement Insights
SEPTEMBER 15, 2023
As an introduction or lead-in to that old post, I want to share the following excerpt from an article written in June 2023 responding to the question – What is AI in supply chain in 2023? Also, AI can locate potential risks in the supply chain, such as disruptions due to weather events or geopolitical factors.”
EazyStock
MARCH 14, 2023
The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.
Supply Chain Opz
OCTOBER 5, 2016
Supply chain management is not an easy subject. Background Supply chain management is a relatively new discipline. Access public data from Data.gov Supply chain management is part of complex economic activities. You may feel that not all necessary information is available at your finger tips.
Procurify
AUGUST 11, 2022
While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Using effective spend management software can help you keep track of upcoming payments and revise your procurement process.
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