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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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This Week in Logistics News (April 23 – 29)

Logistics Viewpoints

Bank of America sounding the alarm on collapsing freight demand. Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. California readies regulations for zero-emission truck fleets.

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Top 20 Verified Supply Chain Experts You Can Hire

SCMDOJO

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Francine has been an Interim (project) manager and senior business analyst with a track record in Operational Excellence, Process Design and Data Analysis.

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Top 12 New Logistics Startup Companies Making Noise

ShipBob

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Freight forwarding. Brands can connect products, sales channels, warehouses, workflows, reports, and more.

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Your Expert Guide to Inventory Audits: Best Practices & Tips 

ShipBob

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company. For example, if my contract manufacturer is late with an order it can cause me to incur excess costs with the freighting and warehousing companies, respectively.

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Customs Duty De Minimis Thresholds: A Guide for SMEs

Unleashed

This can create excellent selling or promotional opportunities for eCommerce and multichannel sellers, who can advertise deals up to that threshold to allow consumers to take advantage of de minimis benefits. Under this threshold, items purchased overseas can come into the country without incurring any duty or customs charges.