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The New Procurement Reality: Thriving Amid Policy Shifts, Logistics Gaps & Demand Swings

Jaggaer

By the time I have finished writing this article, and certainly before it is published, the situation will have changed. One is reminded of the Chinese proverb, Better to be a dog in times of tranquility than a human in times of chaos. Here are some of the lessons I took away from the webinar.

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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Understanding Supply Chain Risks Economic downturns act as stress tests for supply chains, exposing vulnerabilities that may have gone unnoticed during stable times.

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A complete guide to operational procurement

TYA Suite

Production slows down, orders get delayed, and customer satisfaction dropsall because someone missed a routine purchase. Operational procurement refers to the process of purchasing the everyday goods and services a business needs to function. Imagine a company that suddenly runs out of packaging materials.

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Inventory Forecasting — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

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The Role of Email Hosting in Modernizing Retail Supply Chain Communication

SCMDOJO

Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing. Email hosting facilitates this by allowing multiple stakeholders to connect effortlessly, share documents, and update project statuses in real-time.

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Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

Whether it will be worth it, only time will tell. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. It means enabling customers to shop online and pick up in-store or to return online purchases at physical locations.

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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy

How to gain visibility and control of your indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Modern Software Reduces Budgeting Time & Effort Many businesses still rely on outdated, manual budgeting methods, such as spreadsheets or pen and paper.