Contract Order Fulfillment Procurement Real-time Visibility 
SCMDOJO
JULY 24, 2023
Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?
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.
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World of Procurement blog
MAY 8, 2024
What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.
Spend Matters
JUNE 19, 2023
This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. In this article, our analyst Xavier Olivera looks at E-Procurement. In this article, our analyst Xavier Olivera looks at E-Procurement. What does an E-Procurement solution do?
IBM Supply Chain Blog
FEBRUARY 19, 2024
Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.
SCMDOJO
AUGUST 16, 2023
The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.
SCMDOJO
JUNE 6, 2023
When businesses align production and procurement schedules with demand, they optimize their supply chain processes. They can avoid bottlenecks and inventory shortages. Inventory Optimization As we’ve already stated, an optimized inventory is crucial to balancing costs and keeping customers satisfied.
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