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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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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. This practice is illegal. Free trade agreements (FTAs).

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Manufacturing equipment lead times were 19 months. Focus on Cost.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Manufacturing equipment lead times were 19 months. Focus on Cost.

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Should We Celebrate this Marriage?

Supply Chain Shaman

I consider her the best in the biz for transportation management consulting. At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. Ellen’s was to design and execute the transportation planning logic. Manugistics is now owned by JDA.).

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Supply Chain KPIs You’ll Want Every Morning

Logility

Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Warehousing and transportation costs. Daily supply KPIs are related to the interaction between your suppliers, procurement and production. Bankruptcy. Significant loss of market share.

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Boeing 737 MAX Door Plug Incident- Expanding Implications

Supply Chain Matters

Transportation Secretary Pete Buttigieg also indicated last week that regulators “ won’t be rushed ” into clearing the 737 MAX 9 model to fly again. Inside Boeing’s Manufacturing Mess ( Paid subscription ), was far reaching in the implications of the latest incident.

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