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How Green Supply Chain Strategies will help your Company Grow

ivalua

What are Green Supply Chain Strategies? A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. How to address Green Supply Chain Management?

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

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A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Container rates in late July 2023 reached $1323 per TEU, significantly surpassing the late-2019 rates of $1236.87 But what does that mean for future strategies in procurement ?

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Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” Organizational Alignment in 2019. ” Or “push a shift from a focus on cost to drive value?” ” Sound familiar? Functional Metrics.

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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

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Top Talking Logistics Posts & Episodes (Q1 2019)

Talking Logistics

Overall, the first quarter of 2019 proves yet again that there’s never a dull moment in this industry. In case you missed them the first time around or want to read/view them again, check out the top posts and new episodes from Q1 2019. Excess Inventory? No Problem. You Have Trailers In the Yard.­

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Belief in efficient procurement.