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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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The procurement Summit 2016

Supply Chain Movement

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Metrics.

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The Procurement Summit – 17 November 2015

Supply Chain Movement

The Procurement Summit. The Procurement Summit provides senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. Date: 17 November 2015.

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Should We Celebrate this Marriage?

Supply Chain Shaman

in to transportation management to drive routing information and booking optimization). The software planning footprints are reminiscent of the work done in the 1990s when we struggled with insufficient memory using 32-bit hardware. The groups of supply planning, procurement and logistics operate within silos. History of E2open.

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Our Walk In The Fog

Supply Chain Shaman

Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. 3) Outside-in Processes.

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An Empty Chair….

Supply Chain Shaman

When I was a Gartner analyst in 2001, there were over 120 B2b platforms. EDI is an electronic interchange of business information using a standardized format; a process that allows one company to send information to another company electronically rather than with paper.) These application purchases are like a head-scratcher.

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ESG in the 2020s: Visibility Key to Achieving Sustainability

HICX Solutions

Meanwhile, according to a recent Deloitte study , 45% of Gen Z consumers stopped purchasing certain brands because of ethical or sustainability concerns. Development of the solution continued. How HICX ‘cut its teeth’ on ESG in the early 2000s. The CPO needed to ensure that these were also being managed well within the supply chain.