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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

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ANCA Streamlines Procurement with the QAD Supplier Portal

QAD

It’s a niche industry, but also one of the cornerstones of discrete parts manufacturing. They’re complex machines assembled from thousands of parts, many purchased from highly specialized manufacturers. Inevitably, the procurement process is complex and challenging to manage. Purchasing for Complex Products.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

This shortage and sudden uptick in demand weren’t something that most can manufacturers were prepared for. The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs.

Packaging 226
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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

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From Real-Time Visibility to Real-Time Decisions: Data’s Value Is Propagating Across Global Supply Chains

Logistics Viewpoints

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Why is this shift such a big deal? We don’t have to think back very far. Lesson learned.

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Supply Chain Matters Podcast Episode 19: Overcoming Disruptions and Instilling Supply Network Resiliency with Jabil

Supply Chain Matters

Our featured guest is Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil. He has amassed over 25 years of experience and insights in the EMS industry and in global manufacturing trends and capabilities. He has lived and held leadership roles in Europe , Asia and the U.S.