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Commodity Trading — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Commodity Trading — Everything You Should Know Commodity trading plays a vital role in the way of how our lives work and how the economy functions. Commodities are typically categorized into four categories: 1.

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Global Supply Chain — Everything About Supply Chain

Procurement Tactics

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.

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Sustainable Supply Chain Consulting — The Ultimate Guide

Procurement Tactics

Or receive our famous weekly newsletter. Commonly, sustainability initiatives include identifying the source of raw materials, ensuring a safe workplace for employees, and reducing carbon emissions. . It offers a sustainable procurement impact assessment to identify spend categories with the most opportunity and risk. .

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Always have another supplier for any mission-critical raw materials in case there are issues of any kind with your primary suppliers. While that doesn’t sound like much, nearly $14 billion in cargo couldn’t dock.

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What Makes a Supplier Strategic?

Una

[Bottom right] Bottleneck items: These are items that have a high supply risk but a low profit impact. Examples could be specialized raw materials or components that are difficult to source but don’t significantly affect the company’s profitability. appeared first on Una.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy

Backward (Upstream) Integration In contrast, backward integration refers to a company’s expansion toward the beginning of the supply chain, taking control of the production of raw materials or components used in its products. Additionally, they may need to hire and train new employees to handle the increased scope of operations.

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Content and Community for Procurement – Daniel Barnes from Gatekeeper

The Procuretech Podcast

He's been in the role of Community Manager over at Gatekeeper since June. His job now involves shooting content on topics like contract and risk management, and also working with Gatekeeper to help better position the business. Sign up for the Procurement Software Newsletter. Dan's experience working in FinTech.