SCMDOJO
APRIL 29, 2024
Planning ensures that resources are allocated effectively and that production and distribution meet customer demand. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation.
Supply Chain Game Changer
JUNE 30, 2022
A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Demand Planning. Rather than creating the demand, businesses need to be able to respond quickly to customer demand. Email Address. Consolidation. Visibility.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
IBM Supply Chain Blog
FEBRUARY 19, 2024
Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.
Procurement Tactics
JUNE 8, 2023
Lead Time Management This technique refers to the time it takes from placing an order to receiving it. Strategies may include negotiating shorter lead times with suppliers or finding alternative suppliers with quicker delivery times. When inventory levels reach the minimum, new orders are placed to replenish the stock.
SCMDOJO
MARCH 19, 2024
This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Supply Chain Director Set strategic goals and objectives for the supply chain department.
World of Procurement blog
MAY 8, 2024
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.
Supply Chain Game Changer
MARCH 23, 2021
It is easy for an Executive to issue high level orders to add new suppliers for instance, but the number of processes and the amount of effort required to make that seemingly simple request happen can be enormous. New Supplier and Materials Set Up. Warehouse Order Fulfillment.
Expert insights. Personalized for you.
83 
Let's personalize your content