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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Top 12 Most-Read Supply Chain Articles Of SCMDOJO 2024

SCMDOJO

In the vast sea of supply chain information, which SCMDOJO supply chain article truly stands out? Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. Read In Detail About Procurement Department Here 2.

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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. What is Procurement? What is Purchasing?

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Achieving Supply Chain Resilience: Strengthen and Adapt Your Operations

Skill Dynamics

Global markets are facing significant uncertainty and negativity, with instability and continued risk expected to impact businesses for the next decade, according to the World Economic Forum. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supply chain team is so important.

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Navigating Tariff Turbulence: A Practical Guide for Supply Chain Leaders

SCMDOJO

Global trade is complex, and supply chains are intertwined and interconnected. Supply chain leaders must adapt and use smart strategies to remain competitive. This article explains how to understand US tariffs and lessen their impact on supply chains. If not, it might be best to stop selling the product.

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Supply Chain Safety Protects Workers and Maintains Compliance

SCMDOJO

It is easy to address supply chain management from a strict numbers mindset. Getting things where they need to go, on time and on budget, is the goal. Enter supply chain safety. Although supply chain safety doesn’t get talked about a lot, it is a key component in protecting workers and maintaining compliance.

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Types of Supply Chain Reports: Definition and Benefits

SCMDOJO

Supply chain reports offer a comprehensive view of your entire supply chain operation. What are Supply Chain Reports? However, implementing inventory management techniques such as ABC analysis and safety stock to optimize stock levels and minimize the risk of stockouts.