World of Procurement blog
APRIL 23, 2024
Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products. Supply Chain Management in Procurement Supply chain management in procurement focuses on acquiring the raw materials and components needed for manufacturing.
World of Procurement blog
APRIL 23, 2024
Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products. Supply Chain Management in Procurement Supply chain management in procurement focuses on acquiring the raw materials and components needed for manufacturing.
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Supply Chain Game Changer
NOVEMBER 27, 2019
Lacking optimization in the supply chain process. Another standard error within supply chain management is neglecting the optimization of the process. As something is used more and more, the quality will become less efficient. A big part of your supply chain process is to increase transparency.
World of Procurement blog
MAY 8, 2024
Accurate demand forecasts enable effective supply chain planning. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms. The goal is to secure optimal sourcing arrangements with reliable suppliers who can meet production needs.
Una
OCTOBER 12, 2023
Avoiding a one-size-fits-all approach, it aims to identify the “right” location or mix of locations for sourcing based on factors like cost, quality, lead times, and risk mitigation. Procurement teams must evaluate and address potential risks such as geopolitical instability, transportation disruptions, or supply chain vulnerabilities.
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