Procurement Tactics

MARCH 16, 2023

When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. Category Management Category management sorts your spending into areas with the same supplier markets.

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

IBM Supply Chain Blog

JANUARY 25, 2024

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 What’s at stake?

Supply Chain Optimization 73

Supply Chain Optimization Inventory Agile and Lean Supply Chain supply chain budgeting 73

SCMDOJO

SEPTEMBER 26, 2023

Warehouse Layout Optimization Once you grow to a certain level, you may need significant storage for materials and products. An efficient layout can shorten order fulfillment times and make inventory management far easier. Supply Chain Software If you make physical goods for customers, then you have a supply chain to manage.

Supply Chain Efficiency 86

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions supply chain budgeting 86