SCMDOJO
APRIL 29, 2024
Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. It also involves inventory management, order fulfillment, and monitoring stock levels.
The Good Spending
AUGUST 16, 2022
Why is supply chain collaboration essential? Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. The supply chain is the most collaborative function in the business.
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Procurement Tactics
MAY 8, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter CPFR in Supply Chain — Everything You Should Know CPFR in supply chain allows both businesses and suppliers to fulfill customer demand. However, what is it? What is CPFR? Why is CPFR Important?
Spend Matters
JULY 26, 2023
Even before the coronavirus pandemic, supply chains were prone to disruption due to the lack of collaboration between suppliers, customers, carriers and facilities. Specifically, Pando’s Fulfillment Cloud solves the issue of absent collaboration between involved stakeholders by providing a comprehensive platform.
SCMDOJO
MAY 30, 2024
When each team member knows their role and understands how their work fits into the bigger picture, it becomes easier to collaborate and coordinate efforts. Inventory management also includes forecasting demand, coordinating with suppliers, and optimizing storage space to minimize costs and prevent stockouts or overstocking.
SCMDOJO
MAY 7, 2024
Like a master architect, this powerful tool unveils the hidden physical infrastructure, supplier relationships, and overall network design that form the bedrock of supply chains. This visibility enables organizations to optimize their supply chain network, manage suppliers effectively, and ensure compliance with regulations.
Procurement Tactics
JULY 2, 2023
Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation. Audit and Documentation Job orders provide crucial documentation for audit purposes. A clear budget 4.
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