article thumbnail

How Cloud ERP can assist manufacturers with their procurement function

SYSPRO Smarter ERP

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

article thumbnail

Relieving Consumer Pain Points on the Digital Path to Purchase

Enterra Insights

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. times India.”[4] ”[5] Having goods on-hand, however, is only part of the solution to addressing consumer pain points.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Pros and Cons: International and Domestic Sourcing

Unleashed

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

article thumbnail

QAD Demand and Delivery: An Introduction

QAD

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. Or, as one QAD client stated , “The YFAI India plant and all our suppliers can now plan resources, machines, manpower, everything – based on these updatable schedules.

article thumbnail

Trends 2024: Risk Management

Enterra Insights

2] Included in her overview are: the ongoing Russo-Ukrainian conflict; the Israeli-Gaza conflict; Houthi attacks in the Red Sea; tensions between China and Taiwan; China’s hegemonic ambitions, leading to territorial conflicts with Vietnam, the Philippines, Japan, and India; and rising concerns about North Korean aggression.

article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

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.