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Circular Economy and Information Sharing – The Role of Logistics

The Logistics & Supply Chain Management Society

Circular Economy and Information Sharing – The Role of Logistics Feature Article by Beverly Lege , Research Associate and PhD Candidate at Hamburg University of Technology, Institute of Business Logistics and General Management, Thomas Twenhöven , PhD Candidate at Kuehne Logistics University and Prof. 2018) have stated.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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5 Ways to Manage Supply Chain Documents!

Supply Chain Game Changer

Supply Chain documents article and permission to publish here provided by Claire Glassman. As such, supply chain documents should be treated with the utmost care. As your business grows, the more supply chain documents you will handle. You may want to take documentation of activities seriously. Subscribe Here! Delivering.

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Inventory Management vs Product Information Management (PIM)

Supply Chain Game Changer

The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Some businesses are so small that they can get by with a couple of these apps and then a bunch of manual documentation systems. Subscribe Here!

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Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

Up front efforts to define roles and responsibilities, document requirements, integrate with other enterprise systems, and maximize the value of data will be rewarded in multiple forms well beyond the conclusion of the implementation. With reliable and actionable data, this workstream can help identify trends and motivate informed decisions.

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New Supplier Registration Process – E-Sourcing

TPSynergy

Vendor Registration Portal provides an easy and online way of collecting needed information from Prospective and Existing suppliers. As part of the Supply Chain Management, an important task of the sourcing team is to identify and Onboard new suppliers regularly. Look at the type of information normally needed to onboard a supplier.

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Sourcing and Procurement: One but Not the Same

Precoro

As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Understanding their distinction can help you ensure the coordination between the responsible teams and adopt the right strategies for improving both sourcing and procurement. Procurement. Contains fewer steps.