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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

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The 10 Procurement Metrics that Matter in 2021

Unleashed

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

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This Week in Logistics News (February 18 – 24)

Logistics Viewpoints

.” There will be some exceptions to the hybrid work model, Jassy said, such as for sales and customer support roles, “but that will be a small minority.” ” And now on to this week’s logistics news. On average, more than 100 people work at each sortation center.

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The State of the Trucking Market in 2021

GlobalTranz

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Capacity Constraints Continue to Arise. Capacity constraints continue to come under microscope as shippers look for a better understanding to the state of the market. According to the?

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This Week in Logistics News (February 3 – 9)

Logistics Viewpoints

And now on to this week’s logistics news. In many of these incidents, homeowners were reported to have mistaken delivery drivers for intruders due to their cars being unmarked. The industry added jobs at a time when logistics companies have been coping with a faltering freight market for the past 20 months.

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Warehouse Logistics Guide: Process, Benefits, & Best Practices

Unleashed

Warehouse management is the vital link between receiving goods from suppliers and delivering orders to your customers. In warehouse management, warehouse logistics ensures these processes are optimised to cut costs and boost efficiency. In this warehouse logistics guide: What is warehouse logistics?

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?