Remove India Remove Manufacturing Procurement Remove Procurement Analytics Remove Procurement Solutions
article thumbnail

Procurement Experiences, Trends and the Future!

Supply Chain Game Changer

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

article thumbnail

5 Procurement Strategies For Small Medium Enterprises

CormSquare

Subsequently, procurement tends to be an afterthought, when it should be approached strategically! Small businesses spend between 40% – 65% of sales revenue on procurement of inputs. Following are the 5 strategies that can help SMEs in nearly any phase of their procurement efforts. Improved Internal Procurement Processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Executives are building “Centers of Excellence” – because they support business strategies!

NC State SCRC

In many cases, this is known as “off-shoring”, when these services are located in places like Bangalore, India one of the more common locations for shared services. Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology.

article thumbnail

Life Sciences and the Journey to Supply Chain Resilience: A Q&A with Craig Fix

Resilinc

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. Of those alerts, 60% typically had some kind of impact reported by a supplier.

article thumbnail

Surviving an Economic Downturn in the Retail Sector

Enterra Insights

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130
article thumbnail

The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, Brazil, Russia and India will become major suppliers as companies access the remaining untapped resources of the world. Globalization Will Become More Important in Everyday Decisions.

article thumbnail

Critical Cancer Drugs, Other Life-Saving Medications Face Severe Shortages

Resilinc

On February 10, 2023, the FDA reported a shortage of carboplatin and cisplatin: two critical chemotherapy drugs needed to treat ovarian cancer and testicular cancer, respectively. Homeland Security Report on Drug Shortages In March 2023, Homeland Security & Governmental Affairs released a report on the risks of these drug shortages.