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.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. There’s a rising demand for raw materials and products and inadequate drivers to ship products. Optimize Routes.

supply chain budgeting 95

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 76

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 76

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Build buffers into the supply chain.

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Build buffers into the supply chain.

Supply Chain Optimization 52

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 52

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Contract 91

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 91

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Interestingly there are many views on how to define Supply Chain.

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. Consumers’ willingness to wait to receive their orders has dwindled significantly in the past half-decade. In this guide, you’ll find everything you need to know about lead time and how to use it to optimize your order fulfillment. Subscribe Here! Email Address. Components.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Inventory Supply Chain Optimization 98

Arkestro

NOVEMBER 16, 2023

Something we often take for granted as consumers is the Black Friday supply chain practices that occur for each piece of inventory on a retailer’s shelves. While Aunt Ethel’s Christmas gift might seem simple, the supply chain management process behind it is anything but.

Procurement 52

Procurement supply chain software solutions Raw materials Supply Chain Efficiency 52

EazyStock

NOVEMBER 19, 2020

Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time. Effective stock replenishment methods ensure the efficient flow of inventory items as they move through a supply chain.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Inventory 98

Supply Chain Game Changer

NOVEMBER 13, 2018

This is where the Supply Chain must kick in to gear! And most disasters, however big or small, seem to disrupt the Supply Chain in some fashion. As a company you may be disrupted in your ability to get your raw materials delivered, your goods processed, or your products shipped to your customers.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain e2e Real-time Visibility 52

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What’s The Difference Between Logistics and Supply Chain Management? But to anyone who works in Supply Chain, in particular with a title including either the term Logistics or Distribution, or if you work in a Distribution Centre or for a Logistics company, then there are distinct differences between these words.

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

TYA Suite

DECEMBER 16, 2022

The concept of inventory management mainly represents the procedure of storing, using, ordering and selling a business's inventory. It includes the management of components, raw materials, finished products and warehouse processing products. On the other hand, to some extent, JIT is considered risky.

Inventory 64

Inventory Import Management Inventory planning 64