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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. How can procurement help achieve those aims through better supplier relationships and spending optimization?

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

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Process Based Inventory Turnover Improvement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. In our experience the best way to systemically, and sustainably, optimize inventory is to take a process based inventory turnover improvement approach.

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Double Inventory Turnover In 9 months!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly.

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Double Inventory Turnover In 9 months!

Supply Chain Game Changer

“We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly. Supply/Demand Planning.