Procurement Tactics

MARCH 16, 2023

It aims to ensure that the goods and services that the business needs are delivered on time and purchased within the budget. Additionally, it involves a careful analysis of supplier selection, payment terms, contract negotiation, and acquisition of goods. Why is it important? What is a procurement strategy?

Procurement 238

Procurement Procurement strategies supply chain budgeting Contract management 238

SCMDOJO

SEPTEMBER 26, 2023

You inherit a lot of the risk when you are a key decision-maker, so your best bet is to figure out the most efficient use of resources. Efficiency should be an objective in every area of the company from top to bottom. Here are a few strategies to make your company more efficient as a whole.

Supply Chain Efficiency 84

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions supply chain budgeting 84

IBM Supply Chain Blog

JANUARY 25, 2024

Whether MRO processes address preventive maintenance, service failures or shutdown overhauls, the wanted results are the same: deliver increased service levels, function safely and sustainably, operate efficiently and reduce unplanned and costly downtime. A 40% reduction in inventory costs. A 25% increase in service levels.

Supply Chain Optimization 73

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