Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Improved Vendor Relationships. Today vendors have options and like to work with companies that value relationships. for each invoice. Supplier Management.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Finale Inventory

JULY 29, 2024

In ecommerce, selecting the right vendors is vital for your business’s success. Proper inventory management and order fulfillment hinge on understanding the different vendor types. Two common vendors in ecommerce are dealers and distributors. Regularly review vendor relationships to adapt as your business evolves.

Inventory 52

Inventory Supply Chain Efficiency Vendor relationships Supply Chain Optimization 52

Una

FEBRUARY 6, 2025

Realizing the job is too much for one person, you decide to hire help from several different sources. Benefits of Fourth-Party Logistics Vendor Management : A 4PL acts as an intermediary between your business and various logistics providers. Imagine, for a moment, that youre hosting a big party.

Logistics 45

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 45

Arkestro

NOVEMBER 16, 2023

The Christmas sock retailer had a great profit on reindeer socks last Black Friday, so they ordered 20% more for this year. Sourcing and Procurement This is where manufacturers will work with vendors to find the materials needed to make the product, in this case: wool, elastic, and spandex.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Raw materials 52