article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Order Fulfillment Once a contract is signed, the supplier begins delivering goods or services as per the agreement. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. needed to deliver on the KPIs.

article thumbnail

How automated fulfillment delivers for your business

Strategic Sourceror

Automated fulfillment is helping to improve operations and right size inventories. Here is a brief breakdown of what automated fulfillment is, what businesses are using it for and the benefits of the strategy that have taken the related technology to new heights of utilization and popularity. What is automated fulfillment?

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

5 Best Logistics Books for Beginners

Supply Chain Opz

The Definitive Guide to Order Fulfillment and Customer Service You can't say that you are a logistics management professional if you don't understand the customers. Customer service and order fulfillment is the building block of modern logistics management.

article thumbnail

The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

In the end, IBP is a philosophy, or belief system that strives for transparency, near perfect integration and alignment, both horizontal (between functions, BUs, even companies) and vertical (between strategy, planning and execution). A lack of strategy integration or strategic guidance, is also one of the main gaps in IBP.

article thumbnail

The Reality of Automation in Procurement!

Supply Chain Game Changer

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Some of the possible risks in procurement are related to on-time order fulfillment, pricing and quality, market risks, and the potential for fraud.