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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

We will tell you the importance and the methods used in supply chain forecasting. The Importance of Forecasting in Supply Chain Timing is very important, especially for forecasting as it ensures that you have the right amount of product in stock. This is the reason why a strong relationship with your suppliers is important.

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The Role of IT in Supply Chain!

Supply Chain Game Changer

Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. Supplier Relationship Management (SRM) involves relationships between buyers and sellers or manufacturers and suppliers.

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The Big Interview with Lorna Baker

Procurement Heads

The thing I’m most passionate about is ensuring that we, as buyers, are ensuring the company uses the money and resources we’ve got in a way that benefits our customers and wider society so that we can get true value for money. What are you most passionate about when it comes to procurement?

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5 Procurement Industry Trends to Watch in 2025

Arkestro

Sustainability Will Be a Top Priority for Procurement Teams in 2025 Sustainable procurement initiatives will continue to grow in importance in 2025. It streamlines the entire procurement process by centralizing and automating interactions between buyers and sellers.

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Supply Chain Visibility Has Never Been More Important! Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. In 2021, why do buyers and expeditors need to make daily phone calls to order takers?

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Following a forecast to suppliers, a Tier-1 supplier collaborates with its suppliers—Tier 2 for the buyer—to obtain critical components for producing products and/or services. The strong handshake made with Tier-1 in the initial onboarding phase—complete with profile information—makes collaborating with first-tier suppliers easier.

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Supply Chain Department – A Typical Structure

SCMDOJO

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. Here’s why a structured approach is important: Efficiency A structured department creates a clear division of labor and defines processes for procurement, production, distribution, and returns.