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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

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Supplier Diversity: From Checking-the-Box to a C-Suite Strategy

ivalua

Public Procurement: Building Business Cases and Driving Momentum. For the Government, supplier diversity programs are something procurement professionals in the United States (US) have accepted as a key element to their procurement success. Agile Procurement in Canada. Social Procurement Framework in European Union.

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The Ultimate Guide to Plastic Pallets

GlobalTranz

Similar to wooden pallets, plastic pallets have different weight capacities. The purpose of the pallet will have an effect on which one you choose, as pallets have different weight capacities for static loads, dynamic loads and racking loads. Chapter 2 – Weight Capacities. Chapter 1 – Pallet Design, Sizes and Colours.

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The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

High capacity oxygen tankers were airlifted from UAE. HLL is acting as a nodal agency of Union Health and Family Welfare Ministry in the procurement and distribution of medicines and medical equipment. Next step was inbound transportation while tackling issues as limited and volatile freight capacity, time pressure and difficult ETAs.

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10 Must-Watch Negotiation Movies: Master the Art of Persuasion with These Gripping Films

SCMDOJO

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance. Three key elements are suggested.

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Sustainable Supply Chain Best Practices: How to Get Started 

Logility

Unfortunately, multinational companies often inadvertently create the very issues they’re trying to avoid by setting unrealistic deadlines or placing orders that exceed their suppliers’ capacity. To put it simply, you need to know your suppliers and impose sustainability guidelines on them. Start from the top.