World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 29, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. Despite these devastating and far reaching implications of poor inventory management too often this area is not given the respect and attention that it deserves. Raw Material Management.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Supply Chain Game Changer

NOVEMBER 12, 2018

In short I needed to be able to manage: All of the levers that control the rate at which Inventory is brought in to the company. I had to translate this thinking into a manageable set of high impact tasks. Supply/Demand Planning. This will help to manage the rate at which Inventory comes in to your business.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Supply Chain Game Changer

JANUARY 30, 2020

We needed to be dramatically better at managing Inventory to convince ourselves, and our customers, that we were a trusted and leading Supply Chain Services partner. I met with the management team within my first week. I met with the management team within my first week. Supply/Demand Planning. The Approach. .

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Supply Chain Game Changer

NOVEMBER 16, 2018

We needed to be dramatically better at managing Inventory to convince ourselves, and our customers, that we were a trusted and leading Supply Chain Services partner. I met with the management team within my first week. Supply/Demand Planning. Setting the Target. The team looked at me incredulously when I set that target.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43