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Navigating trade turbulence: What tariffs are really exposing in Procurement

Spend Matters

The US administrations announcement of reciprocal tariffs in early April sent a jolt through global supply chains. Building internal alignment across procurement, supply chain, legal and finance to tie sourcing decisions to tariff cost modeling and compliance. Remaining agile by embedding reassessment mechanisms.

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6 Ways Lean Supply Chain Management Can Benefit Your Organization

Procurify

For companies who desire optimum productivity, conventional supply chain methods may not fit the bill. Typical supply chains are often less efficient as lean supply chains, and as a result, numerous organizations around the world are implementing lean strategies. Lean Manufacturing.

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Bill of Materials and Wholesale Distribution: How do they fit?

EazyStock

What is a Bill of Materials (BOM)? A bill of materials , as known as BOM or Bill of Material, is similar to a recipe in that it contains a list of components required to build a certain product. The Importance of Having Bill of Materials Processes.

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A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! Everyone involved in these Supply Chains is abiding by the social distancing and protective mandates we all are adhering to. Subscribe Here! Email Address.

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Supply Chain Department – A Typical Structure

SCMDOJO

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

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Ivalua Launches Pre-Packaged Solutions for Manufacturers

ivalua

Best practice supply chain & procurement capabilities now available for rapid deployment to manufacturers. The new packages span the full source-to-pay process for all spend categories including direct materials, MRO, assets and tooling and indirect goods and services.

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Multi-echelon Inventory Optimization and Lean/Six Sigma

Supply Chain Action Blog

How Lean Thinking Helps. Lean principles are applied to drive out waste. The reduction of lead times and lot sizes through lean in manufacturing has focused on reducing setup time to eliminate waiting and work-in-process inventory, as well as the frequent use of physical and visible signals for replenishment of consumption.