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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Direct vs. Indirect Procurement: Key Differences Explained

Precoro

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

For this blog post, never mind the comparison. The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP.

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My Take: E2open Buys Terra Technology

Supply Chain Shaman

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The Company has a checkered past. It is a new buyer.

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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

We are making slow progress on transportation visibility, but not supplier visibility. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Until then, join us for our monthly networking calls, books/reports , podcasts, and blog posts. See You There?

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Cogniture Procurement Technologies will Change Your World

NC State SCRC

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.