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Tariffs and Procurement (Part 3): Tech capabilities for proper tariff management

Spend Matters

In part 3 we look at the tech that can support Procurement in tariff management. Effective and efficient tariff management is rooted in robust direct materials and supply chain risk management.

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Tariffs and Procurement (Part 2): Tariff management and building an action plan

Spend Matters

Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

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The Comprehensive Guide to Spend Analysis in Healthcare

Empowering CPO

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. Spend analysis provides visibility into procurement processes, ensuring adherence to regulations and minimizing the risk of non-compliance.

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Materials Management Objectives: A Strategic Approach

SCMDOJO

In today’s competitive business landscape, highlighting efficient materials management objectives is a critical step to be performed and achieved. Let’s talk about why material management objectives should be taken into consideration. Check out our comprehensive Supply Chain Track on SCMDOJO.

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The One Point Analysts Are Missing? Technology Is IRRELEVANT!

Procurement Insights

Reference : The Standard Procurement System SAP R/3 : Overview : SAP’s R/3 system, introduced in the early 1990s, included modules for materials management and procurement, offering businesses an integrated approach to handle procurement alongside other enterprise functions.