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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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How to Address Stock Loss with Process Intelligence

QAD

How Stock Loss Impacts an Enterprise Stock loss can have dire consequences on a company’s manufacturing output and business performance. Then there is the procurement of replacement materials / inventory. Depending on the circumstances, this may require expedited freight — with the associated premium costs.

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A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The traditional leader values cost reduction but is blind on how to value time. What is normalcy?

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The Green Corridor: The Emissions of Work – How to Make a Green Working Culture

The Logistics & Supply Chain Management Society

The Green Corridor: The Emissions of Work – How to Make a Green Working Culture by Timothy Foote , Founder of Susymbio In this month’s Green Corridor, I wanted to talk about the emissions generated by a workforce physically going to work. Only early industrialization made set hours for work a standard for efficient manufacturing.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Advanced planning evolved with a focus on modeling manufacturing constraints. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement: Purchase price variance and procurement cost.

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The Dire Need for Data Automation in the Manufacturing Industry | AFFLINK

AFFLINK

Automation in manufacturing can help be the driving force to lift some of the burden felt by many distributors across the globe. Upstream Supply Issues Manufacturers are struggling with the same product and shipping delays as consumers. Top Distributor Challenges: 1. Over the last 12 months, 58% reported additional demand increases.