SCMDOJO
JULY 18, 2023
Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.
Precoro
MARCH 31, 2023
March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.
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Supply Chain Game Changer
MAY 31, 2022
Given lack of strict adherence to FDA guidelines, imports from Europe and elsewhere have been curtailed, further restricting necessary supply lines. Any point of single sourcing, or sole sourcing , whether it be materials, parts, resources, systems, processes, suppliers, production or facilities is a single point of failure.
SCMDOJO
JULY 26, 2023
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.
Arena Solutions
JUNE 8, 2021
It requires effective communication among product teams so design, prototype, engineering, and manufacturing stages stay on track. The supply chain strategy—are you consigned, turnkey, hybrid, or ”appliance” manufacturing? Enterprise Resource Planning (ERP) —for purchasing, inventory, order administration, and finance.
Supply Chain Matters
MARCH 23, 2022
After a three-day stoppage of rail operations impacting transcontinental shipments of key commodities and manufactured goods, the Canadian Pacific Railway and the Teamsters Canada Rail Conference have reached a settlement calling for final and binding arbitration of differences. Foxconn Forecasts Challenging Operating Environment This Year.
NC State SCRC
JANUARY 1, 2023
These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. Walmart will pay more for domestic sources, but will not be burdened with the inventory and purchasing FOB. Inflation will persist. The US will likely see only 0.5%
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