talking-supply-chain-achieving-cost-savings-through-better-procurement Article Related Topics 
The Logistics & Supply Chain Management Society
OCTOBER 15, 2023
The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.
Synovos
JANUARY 8, 2024
Procurement culture: challenging the old, developing the new One of the biggest challenges facing the indirect procurement industry today is digitalization. Will procurement roles continue to exist? The big question is whether procurement roles like mine will still be around in years to come.
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Synovos
FEBRUARY 21, 2023
Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”
The Logistics & Supply Chain Management Society
JANUARY 13, 2021
If nothing else, the COVID-19 crisis has forced companies to look for cost savings with significantly increased vigour. Others have simply never considered the use of FTAs, either for their existing supply chains or for planning new ones, based on their assumptions that they won’t help. So far so good.
Unleashed
MARCH 28, 2021
Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. As supply chains become more complex there is a greater need to cultivate clear, measurable ways to evaluate every supplier. Reduces costs. Cost reductions. Risk mitigation.
SCMDOJO
DECEMBER 18, 2023
In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. It’s a smart guarantee that the right parts are easy to get, making sure equipment doesn’t stay idle for long and costs stay low. Ready to enhance your spare parts management?
GlobalTranz
FEBRUARY 16, 2016
This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.
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