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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Stay Updated on Regulations: Regularly review trade agreements, import/export rules, and labor laws. Risk Management Actionable Steps: Identify Risks: Develop a checklist of potential procurement risks, such as supply chain disruptions or quality issues. Resources: Risk management certifications (e.g.,

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How AI and Automation are Transforming Manufacturing Supply Chains

Jaggaer

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information, and capital in functions that broadly include demand planning, sourcing, production, inventory management and logistics. Sanctions, export controls and restrictions on key materials (e.g.,

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Podcast | Mitigating Supply Chain Risk: Is Insurance Up to the Challenge?

Supply Chain Brain

In recent years, global supply chains have experienced risk piled on risk, threatening both the physical movement of goods and the cost of importing and exporting. Bowman, SupplyChainBrain Mathematical Optimization: Supply Chain Management by the Numbers More from this author Subscribe to our Daily Newsletter!

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Mexico ‘Reliable Alternative’ for Companies Looking to Escape Trade Friction

Supply Chain Brain

has imposed new tariffs of up to 25% on imports from Asia, particularly targeting Chinese goods, Mexican exports remain largely exempt, with over 90% of shipments to the U.S. Mexico is considered to be a net beneficiary from the [move] from cost efficiency to geopolitical risk management.” qualifying for tariff-free treatment.

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Supply Chain Department – A Typical Structure

SCMDOJO

Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability.

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A Deep Dive into Category Spend Analysis: Maximizing Value in Procurement

Empowering CPO

When spending data is collected from various sources, it often comes in different formats, such as spreadsheets, PDFs, or database exports. It helps identify opportunities for inventory management, pricing negotiations, and demand planning.