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Can Blockchain Unblock Supply Chain?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

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Competitive Procurement through Category Management

Sourcing and Supply Chain

Hence, buyers have also adopted the concept of suppliers to bundle the requirement of multiple locations and the similar product as a category to have a better understanding, control, and volume to negotiate. It results in specialization in category for a buyer and ends up in a better deal with saving time, resources, and money.

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The Journey to Value-Based Procurement 4.0 [Part 1]

The Good Spending

TLC adds transportation, packaging, and storage costs to the unit prices. These additions are most important when buyers consider remote locations as physical goods sources. TLC analysis requires a deep understanding of supply chain costs - customs, duties, tariffs, and 3PL services.

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7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real? The responsibility of sourcing responsibly is shared between stakeholder, supplier, buyer and society at large.