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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

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8 Supply Chain Management Best Practices

QAD

Hiring the right people for relevant roles elicits optimal performance. Digital technology is essential to connecting the universe of supply chain management partners. Supply chain leaders need effective tools to share real-time information across networks of suppliers, customers, carriers, distributors, and government agencies.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

But like any new technology, there are hurdles to overcome when implementing supply chain analytics. In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business.

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The Importance of Visibility In the Supply Chain

Precoro

Supply chain visibility is a company's ability to keep track of raw materials, components, and final products – in batches or individually – as they move through the entire supply chain from suppliers through production or assembly to retailers and end customers.

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5 Things to Know About U.S.-Mexico Logistics

Talking Logistics

At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment. In Mexico, the basic Mexican import document is the pedimento de importacion. Bills of lading for U.S. It’s recommended to submit the invoice in Spanish.

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Track the Supply Chain Metrics that Really Matter

Precoro

A transparent and well-controlled supply chain plays a crucial role in a company’s success. To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly.

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Supplier Relationship Management: What It Is and How to Improve it?

Unleashed

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. As supply chains become more complex there is a greater need to cultivate clear, measurable ways to evaluate every supplier. Optimises performance. Reduces costs. Risk mitigation.