I continue to be amazed that companies will make the investment in strategic sourcing, and supplier relationship management, but don’t put the icing on the cake that they’ve been baking. What am I ...
Manufacturing professionals are tasked with managing many aspects of the company, from production operations to sales operations to profit & loss (P&L) statements. It makes sense, suggests Brian Mundy ...
Over the past few years, I have attempted to clarify some of the key terms in the procurement lexicon. Previously, we have looked at category management and supply chain risk. Now I will aim to shed ...
Effective supplier collaboration is crucial for a resilient supply chain. Process orchestration enhances communication, streamlines onboarding and ensures compliance, helping businesses reduce ...
Supplier Relationship Management (SRM) may be staging a comeback, as companies seek new ways of mitigating risk and controlling costs. According to a new report by Source One Management Services, LLC, ...
Continuous improvement in all aspects of the supply chain is necessary to remain competitive in today's global economy. The traditional adversarial relationship and transactional focus of buyers and ...
The process of collecting data on prospective vendors, completing compliance and risk assessments, and integrating them into a platform or supply chain is collectively known as supplier onboarding.
Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) -- In the wake of a 2023 Kearney study highlighting the stark reality of a $250+ billion problem of excess inventory in the U.S., brought sharply into focus by ...
Your Supply Chain is a complex network of nodes, signals, and flows with symbiotic relationships and interdependencies that must be managed flawlessly. This session will start at the "50,000-foot ...
The functionality of a digital quality management system (QMS) provides visibility into critical supplier activity and helps ensure a high-quality product. Supply management is a critical component ...