Remove Procurement Solutions Remove Security Remove Sourcing Remove Supply Chain
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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 One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Supply chain planning is not just for the big boys. Myers Industries Implements John Galt Solutions. Myers Industries began implementing the solution in February.

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Traditional Internet Technologies: Uncovering Their Role in Modern Supply Chain Solutions

SCMDOJO

Modern supply chains are more efficient and faster than ever before. However, the emergence of technology boosted brands’ access to customers in the first place, and thus, a need for more efficient supply chain practices.

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Addressing Global Food Security

Enterra Insights

Supply chain strains. 2] With more mouths to feed each and every day, global food security remains a serious challenge. The most important commodities for global food security are grains — wheat, maize, and rice account for over half of all human caloric consumption. are different than in other supply chains.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Procurement and Supply Chain are Smarter Together – Practical Use Cases

Logistics Viewpoints

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.