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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

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Leverage Technology and People in a Time of Supply Chain Disruptions 

Logility

Respond quickly, maximize benefits, and identify supply chain opportunities and threats. Supply chain disruptions. Smart organizations have embraced supply chain management platforms that provide complete transparency. But technology alone is not the answer.

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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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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. At the heart of it all, an effective procurement strategy remains paramount.

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Should Supply Chain Managers Use Project Management Software for IT?

Elementum

Business project management software is often overlooked in supply chain management in favor of SCM functions, but is there an advantage in combining the two? The best project management software for supply chain professionals is often a solution that integrates with SCM, ensuring the systems benefit each other.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Then multiply by 10 for the Tier 3.”

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AI This. If Only.

Supply Chain Shaman

After a dramatic drop at the beginning of the pandemic, Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. The majority of the transactions are in Enterprise Resource Planning (91) versus supply chain planning (31).