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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supply chain management, and explain where the biggest disconnects typically occur.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals. Audit Supply Chains: Identify and address environmental and social risks in the supply chain.

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Future Learn Supply Chain Courses VS SCMDOJO Academy

SCMDOJO

Two prominent online learning platforms, Future Learn Courses and SCMDOJO, offer courses on demand to meet supply chain enthusiasts’ diverse needs. As you know, the supply chain management landscape constantly evolves, necessitating continuous learning and skill development for professionals in this field.

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How to Minimize Supply Chain Disruptions!

Supply Chain Game Changer

The Resilient Supply Chain! Supply chains are believed to be the backbone of your business operations. Supply chain disruptions are unpredictable but can be controlled. There’s no supply chain immune to the disruptions. Technology advocates for automation of the supply chain processes.

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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Indirect procurement supports organizational agility, requiring tailored controls and workflows to manage cross-functional spend. Find Out More What Is Procurement?

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What About Procurement Objectives?

Procurement Templates

Implement Lean Procurement Practices: Use lean management principles to minimize waste and streamline procurement operations. Create Contingency Plans: Develop risk management protocols for supply disruptions and emergencies. Action: Develop a procurement cost-avoidance tracker for proactive budget control.

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From Candy To Kidneys: The Impact of Spinoffs And M&As On Procurement And Supply Chain

Procurement Insights

What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology? The 2007 article is a worthwhile read as it demonstrates the potential repercussions of excluding supply chain personnel in the early planning stages of an organization’s M&A strategy.)