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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Only through this extensive mapping can you see that it may be because there’s a Tier 5 supplier who is not able to get the rare earth mineral out of China that goes into the microprocessor (we purchase).

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Data Privacy Day 2024

Enterra Insights

For example, the National Cybersecurity Alliance notes, “Your online activity creates a treasure trove of data. This data ranges from your interests and purchases to your online behaviors, and it is collected by websites, apps, devices, services, and companies all around the globe. .”[2] Manageable.

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Reimagining Logistics: Focusing on What’s Ahead, Not What Happened

Logistics Viewpoints

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

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Five Ways AI Will Turbocharge Procurement

HICX Solutions

Automating purchase-to-pay processes. The basic purchase-to-pay (P2P) processes for managing and recording the procurement transaction are already automated to some extent in many organisations. Driving innovation. The post Five Ways AI Will Turbocharge Procurement appeared first on HICX Solutions.