Remove approval-matrix
article thumbnail

6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

This blog intends to assist you through the labyrinth of procurement training by pointing out the most reliable courses that fit your objectives and aspirations and hence act as your compass in the realm of procurement training, whether you’re hoping to break into the sector, looking to up skill, or yearning for promotion chances.

article thumbnail

ERP inventory management – how advanced is your ERP?

EazyStock

Using these variables, EazyStock creates inventory policy matrixes with varying stock/no-stock rules in each one. It’s then your call whether you want to approve every replenishment order or simply manage by exception and only review those that carry most risk.

professionals

Sign Up for our Newsletter

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

article thumbnail

RFI vs RFQ vs RFP: What should you use as a Procurement Pro [Step-by-Step Guide]

World of Procurement blog

Your RFI may go out to your existing approved suppliers initially. Depending on your current approved Supplier List, you might have room to go out wider to new suppliers at the start. Utilise compliance matrixes. An RFI is best used to discover what your suppliers can do to meet your requirement.

article thumbnail

The most important AI trends in 2024

IBM Supply Chain Blog

Also dubbed “shadow IT” or “BYOAI,” shadow AI arises when impatient employees seeking quick solutions (or simply wanting to explore new tech faster than a cautious company policy allows) implement generative AI in the workplace without going through IT for approval or oversight.

Import 106