article thumbnail

Critical differences between IT procurement and legacy sourcing

The Good Spending

For example, when repeatedly sourcing a product already well-known for its quality and price, the main emphasis is on negotiations, creating competition, and ensuring rhythmic supply. IT procurement increasingly deals with "new tasks" - not necessarily in terms of quantity, but definitely in terms of value and importance to the business.

article thumbnail

What is a Sourcing Agency and How does it work?

SCMDOJO

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards. Throughout the production process, the agency implements rigorous quality control measures.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fulfillment Plus Value Added Services: A Magic Formula

Let's Talk Supply Chain

Getting product packed in the right quantities, and with the right labels, creating shipping plans, etc for these goods to go to an Amazon Distribution Center. There were 50 different products on each display, in quantities of 5-20 units per SKU, to total around 450 different units on each display.

article thumbnail

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. If you are Fulfilling orders you may be able to do that in full case quantities or full pallet quantities.

article thumbnail

Shortage vs. Surplus: Causes and Definitions

Finale Inventory

An unexpected increase in demand can leave a business with an inventory shortage. Quality Control. Another cause of a shortage that is out of a business’s control is a quality control issue. In turn, the market experiences an increase in demand and moves toward price and quantity equilibrium.

article thumbnail

The Supply Chain Workload Iceberg!

Supply Chain Game Changer

Yard management for inbound shipments and scheduling Receiving Bill of lading/open order quantity verification Quality inspection Sorting Labelling Storage/Put away Cycle counting Retrieval Picking Packing Labelling Replenishment Outbound truck scheduling/loading Shipping Returns receipt, checking, storage.

article thumbnail

Integrated Business Planning: A New Narrative for an Old Process

Supply Chain Trend

For the execution and operational decisions, modern planning technology can largely automate processes and decisions. For the longer-term decisions on planning and strategy, technology will augment the quality of human-centric decisions and nurture human-machine collaboration. IBP Segmentation by Planning Horizon, Automation.