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Sales Order vs. Purchase Order – 8 Key Differences

Procurement Tactics

A business expert or a procurement manager can know the difference between a sales order and a purchase order, but these two documents are the same for many others. What is a Sales Order? Let’s first understand what a sales order is.

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KPIs in Supply Chain — Everything You Should Know?

Procurement Tactics

KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. In this article, we will discuss what KPIs are and their importance in the supply chain. Supply Chain KPIs Explained.

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The Importance of a Strong Supply Chain and Logistics Strategy!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Subscribe Here! Email Address.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Purchasing relies on more basic solicitation processes. Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Purchasing measures transactional volume and costs. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

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The Supply Chain Workload Iceberg!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Is Your Supply Chain A Cost Centre or a Value Creator? Supply Chain responsibilities are vast in any organization. This can be analogous to the work done in Supply Chain. So let’s explore the Supply Chain Workload iceberg!

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JOB ORDER – Everything You Should Know

Procurement Tactics

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. What is a Job Order?

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The top capabilities of E-Procurement solutions

Spend Matters

E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms.