Blog Company Manufacturing Procurement Procurement Solutions 
OptiProERP
DECEMBER 18, 2023
Acquiring goods from vendors and suppliers is one of the critical and routine tasks for manufacturers. Otherwise, it can adversely affect a company’s bottom line. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. Steps in the Procurement Process 1.
ivalua
FEBRUARY 10, 2023
Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game.
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Logistics Viewpoints
JUNE 29, 2023
However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.
QAD
APRIL 7, 2022
Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace.
Logistics Viewpoints
APRIL 6, 2023
In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).
ThroughPut
MAY 3, 2024
That is why logistics management software (LMS) is so much more today than what it used to be. In this blog, we’ll tell you what the evolution of a LMS has been and what you should look for while choosing the best Logistics Management Software. What is Logistics Management Software And How Does It Work ?
SCMDOJO
SEPTEMBER 18, 2023
Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.
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