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Beginners Guide to Supply Chain Management

World of Procurement blog

Welcome to the fascinating world of supply chain management (SCM)! While 'supplier' may refer to any level in the supply chain, 'vendor' often implies the final distributor before goods reach the consumers. A manufacturer is a party in the supply chain that transforms raw materials into finished products.

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Beginners Guide to Supply Chain Management

World of Procurement blog

Welcome to the fascinating world of supply chain management (SCM)! While 'supplier' may refer to any level in the supply chain, 'vendor' often implies the final distributor before goods reach the consumers. A manufacturer is a party in the supply chain that transforms raw materials into finished products.

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Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

Here are some key factors to consider: Product or Service Complexity Highly specialized products or services may require onshoring or nearshoring to maintain quality and control. Sometimes, there simply isn’t enough supply of a raw material or finished product in the U.S.,