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Building Blocks of Supply Chain Strategy!

Supply Chain Game Changer

A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Consolidation. Supplier consolidation is a major player in supply chain strategy. Many third-party logistics providers offer supplier management services.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

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.