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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. In 2019, the CFO mandated an RFP to compare planning solutions. The CFO decides to fund the purchase of Company B by suing Company A for non-performance. Be careful.

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Procure-to-Pay vs. Intake-to-Pay: What You Need to Know

Precoro

Now, companies can handle the pre-PO procurement processes, identify purchasing needs, order and approve purchases, receive invoices, and pay for goods all in one system. The PR should contain information about the required items and, if necessitated by company policy, justification for the purchase.

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Get Customer Reviews on Loyalty Programs and User Generated Content!

Supply Chain Game Changer

How to convince buyers to leave reviews every time they make a purchase? Remember how many times you hesitated about any purchase, and decided only because the enthusiastic responses of other consumers gave you the lack of confidence. Let’s discuss getting customer reviews in the article below. Consumers find reviews helpful.

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The Supplier Management Secret Recipe

Supply Chain Game Changer

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Classification and segmentation of the supplier base is a necessary activity in order to know who you buy from, and why you buy from them. 7 tsp | 3rd Party Intelligence.

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Procurement and the Need for Speed

ivalua

The days of taking days or weeks for the purchasing team to process a requisition or purchase order are long-gone in most organisations, thank goodness. Author: Peter Smith , Managing Director at Procurement Excellence Ltd. ©Peter Smith 2019. Until recently also Managing Editor, Spend Matters UK/Europe.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Eileen Fisher Renew is an excellent example of the reverse logistics process in action.