article thumbnail

The Importance of Supply Chain Collaboration

The Good Spending

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

article thumbnail

JOB ORDER – Everything You Should Know

Procurement Tactics

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. What is a Job Order?

article thumbnail

Sales Order vs. Purchase Order – 8 Key Differences

Procurement Tactics

These tools can help companies to streamline their procurement process, manage their inventory, and maintain accurate records of their transactions. Here are some of the most popular procurement software tools available in 2023: 1.