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10 Greatest Purchasing Books Ever Written

Supply Chain Opz

Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation. Modern purchasing executives take part in value creating initiatives such as performance improve program, cost reduction program and new product development program.

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Why ERP and PLM are No Longer Standard SCM Software!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. For decades, forward-thinking supply chains were defined by how robust their investments into Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) was. What are Supply Chain Management Platforms? Get Our EBOOK HERE.

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Inventory Management vs Product Information Management (PIM)

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Subscribe Here! Email Address. Get Our EBOOK HERE.

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How generative AI delivers value to insurance companies and their customers

IBM Supply Chain Blog

Digital transformation with AI Insurance companies are reducing cost and providing better customer experience by using automation, digitizing the business and encouraging customers to use self-service channels. Several prominent companies in every geography are working with IBM on their core modernization journey.

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Business process reengineering (BPR) examples

IBM Supply Chain Blog

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement.

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Moving Beyond Procurement Cost Savings to Driving Value

Procurement Software

Negotiate more favorable terms or explore cost avoidance strategies, such as longer payment terms, that can positively impact your working capital. Aim for partnerships that offer mutual benefits, such as shared growth opportunities or innovation in product development. Rather, it maintains it against potential increases.

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The 25 Hottest US Procurement Startups

Procurement Software

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.