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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Due to the workforce layoffs, consumers have less disposable income.

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Understanding Supply Chain Sustainability

Logistics Viewpoints

The company has established long-term power purchase agreements at the country level. As a result, Mars has been able to procure renewable electricity to cover the entire business in those specific countries. The post Understanding Supply Chain Sustainability appeared first on Logistics Viewpoints. degrees Celsius.

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This Year’s Shifts in Retail Consumer Demand May Not Have Been That Sudden

Supply Chain Matters

Supply Chain Matters calls reader attention to a published report that indicates for one retailer, the sudden shift in consumer demand this year may not have been that sudden. Instead, a detailed analysis of consumer buying and general apparel and clothing trends buying trends proved beneficial in limiting overall inventory exposure.

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Retail Sales and Operations Teams Need to Up Their Game in Inventory Management Agility and Responsiveness

Supply Chain Matters

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

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If you can measure it then you can manage it

Claritum

Claritum Article - Procurement Blog. An approach to Tail Spend Analytics. Benefits of better Analytics. If you can measure it then you can manage it” This statement is so true in the procurement field. Procurement needs to have real time data on the entire supply chain. Uniforms and Apparel. Introduction.

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ESG, CSR, and Sustainability: how does your supply chain stack up?

Resilinc

These concepts can be hard to define and measure, and even harder to integrate into procurement. Revelations about forced labor and poor working conditions have also harmed the reputations of several leading apparel brands including H&M and Boohoo. Retailer Uniqlo Co.