article thumbnail

Building Blocks of Supply Chain Strategy!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Consolidation. Subscribe Here!

article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Improve Procurement Efficiency

Una

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. 8 Steps to Improve Procurement Efficiency. Consolidate your supplier lists.

article thumbnail

Diversity of Supply Article – US centric

Claritum

Claritum Article - Procurement Blog. Why is diversity of supply important. Achieving results with supplier diversity. Strategic approach to supply diversity. Indirect spend and supply diversity. Only certified businesses can register for the JPMorgan Chase Supplier Diversity Network. Introduction.

Supply 32
article thumbnail

Minority Business Enterprises – Diversity of Supply Article

Claritum

Claritum Article - Procurement Blog. Why is diversity of supply important. Achieving results with supplier diversity. Strategic approach to supply diversity. Indirect spend and supply diversity. Only certified businesses can register for the JPMorgan Chase Supplier Diversity Network. Introduction.

Supply 36