Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

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SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. By establishing clear communication channels and reporting, information can be shared promptly, preventing delays and misunderstandings.

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Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

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Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

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Logistics Bureau

OCTOBER 30, 2017

Free Supply Chain Benchmarking Chapter. Using KPIs for performance measurement ensures that you are always evaluating your business activity against a static benchmark. Inventory management. Purchasing and supplier management. Warehousing. A KPI is a metric… but not just any metric.

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Precoro

AUGUST 31, 2023

Share the data with colleagues who can provide useful insights, such as upper level managers and hands-on department heads. They can offer valuable feedback on the data, as they are more familiar with the realities of purchasing habits. It’s also helpful to consider historic attempts at cost saving.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

6 River Systems

DECEMBER 11, 2018

Logistics personnel and supplier management pointers. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Logistics strategies for streamlined fulfillment. Integrating automated collaboration.

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