Raw materials Strategic sourcing Supply Chain Optimization supply chain software solutions 
IBM Supply Chain Blog
FEBRUARY 13, 2024
In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.
World of Procurement blog
MAY 8, 2024
Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. Its strategic importance stems from its impact on profitability, efficiency, risk mitigation, and competitiveness. Scope : Procurement spans the entire process from identifying requirements to contract closure.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Skill Dynamics
OCTOBER 19, 2023
This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more. Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges.
Planergy
JULY 5, 2022
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Written by.
SCMDOJO
SEPTEMBER 18, 2023
In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.
Arkestro
MARCH 13, 2023
Automotive sourcing is complicated, and few supply chains are as complex. Sourcing Scenario Picture this, you are on an automotive sourcing team (or maybe you don’t have to imagine because you already are!), At our previous Optimal conference, Jeoffrey Burris, owner of Advanced Purchasing Dynamics, Inc.,
Empowering CPO
JULY 17, 2023
It’s the complex process through which businesses source and acquire the goods and services they need to operate and grow. From securing raw materials to procuring top-tier services, these purchases directly impact a company’s efficiency, productivity, and bottom line.
Expert insights. Personalized for you.
85 
Let's personalize your content