Logistics Viewpoints
APRIL 6, 2023
Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.
QAD
OCTOBER 26, 2023
Supply chain disruptions have led many discussions the past couple years — and how they have been embraced by experts as the new normal. However, it is important to remember that the supply chain has always been vulnerable. These help shorten supply chains and get goods closer to end customers.
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QAD
APRIL 11, 2024
Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How is AI Improving Supply Chain Management? I’m never one to jump on the bandwagon with emerging technologies.
Precoro
DECEMBER 28, 2023
Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. “There was not a lot of structure,” Mr. Henson explained.
Logistics Viewpoints
JUNE 29, 2023
In today’s interconnected global economy, supply chains play a vital role in the success of businesses. However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies.
Precoro
OCTOBER 6, 2022
With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?
New Horizon Supply Chain Blog
FEBRUARY 8, 2024
Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.
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