Arkestro

JULY 30, 2024

Procurement may adjust global sourcing strategies to include more “nearshoring” to local or regional suppliers or ask key foreign suppliers to utilize local warehouses. Vendor-Managed Inventory is another strategy where suppliers monitor and replenish materials automatically based on real-time demand data.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

Procurement Software

JANUARY 23, 2024

Along with a cloud-based supplier search engine that aims to fully automate global sourcing. Their collaboration and management features give you standardised workflows. It offers solutions for vendor management, sourcing, and productivity.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Real-time Visibility 52

Zycus Cognitive Procurement

DECEMBER 9, 2020

The challenge will be to make the supply chain resilient, better manage supplier risks without lowering profitability, and competitive advantage. When your supplier relations and supply chain grow globally, the complexity and the variables companies would need to monitor increase multifold. Learn More: Vendor Management Guide.

Risk management 52

Risk management Risk Suppliers Management 52