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Beginners Guide to Supply Chain Management

World of Procurement blog

Making : The manufacturing step where raw materials are converted into finished products. Delivering : Also known as logistics, this phase involves transportation, warehousing, and delivery to customers. It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods.

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Beginners Guide to Supply Chain Management

World of Procurement blog

Making : The manufacturing step where raw materials are converted into finished products. Delivering : Also known as logistics, this phase involves transportation, warehousing, and delivery to customers. It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods.

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Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

The primary motivation for nearshoring is to benefit from cost savings while maintaining cultural and logistical proximity, which can reduce risks and enhance collaboration. Rightshoring Rightshoring is a strategic approach that focuses on finding the optimal balance between onshoring, offshoring, and nearshoring.