Remove Definition Remove Procurement Remove Supply Chain Performance
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Indirect Procurement: Why It Gets Mismanaged and How to Fix It

ivalua

Indirect procurement sometimes flies under the radar, but its impact on cost, compliance, and efficiency can be significant. However, when left unchecked, mismanaged indirect procurement can cost a lot of money, pose audit risk, and a lack of transparency into who’s buying what – or why. What Is Indirect Procurement?

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Why the Supply Chain Matters to Business Success

Logistics Bureau

The definition above is not from any textbook, but is simply one that I’m sure you’ll agree, describes a state of affairs that any corporate leader or business owner would be happy to arrive at. That figure highlights like no other how critical the interrelations are between an enterprise and its supply chain.

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Trump’s Latest Announced Auto Industry Import Tariffs

Supply Chain Matters

An added clarification from The Wall Street Journal reporting is that component parts compliant with the USMCA trade agreement and definitions of vehicle content would remain tariff-free until the Commerce Department establishes a process to apply tariffs to their non-U.S. will be subject to tariffs. The implication seems is that U.S.

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What Today’s Modern BI Systems Do That Legacy Reporting Tools Can’t

Silvon Software

Standardizes definitions and dimensions Ensure consistent terminology, hierarchies, and business logic across the enterprise. Enables high-performance deep dives Drill into granular details without straining your operational systems or waiting for batch reports. Eliminates data silos Stop getting different answers to the same question.

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Predictions for What Business and Supply Chain Management Teams Should Anticipate In 2025

Supply Chain Matters

Trump Administration will lead to added strategic assessments and/or tactical changes of existing global, near-shored or domestic supply network sourcing strategies. Chief Supply Chain Officer or Chief Procurement Officer efforts directed at short and longer term strategy setting will be all consuming, depending on specific industry.

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Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The change in front of us will transform the base-level definitions of source, make and deliver. As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. 2) Learning Supply Chains.

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Supply Chains By the Numbers

Supply Chain Shaman

It has seven functions reporting through the supply chain leader. The reporting of manufacturing and procurement organizations through the supply chain leader has the probability of the flip of a coin. We are still very early in the definition of end-to-end supply chain excellence.