We’ve been sharing a lot of news of how disrupted the global supply chain is recently, if this disruption is knocking the wind out of big companies, then what about the small manufacturer? We stumbled upon this whitepaper that might help provide some tips on how to manoeuver around and manage your supply chain risks,…
The Procurement Management Process is an effective way to make your procurement function a competitive advantage. Here’s a quick refresher of the steps in the Procurement Management Process: Statement of need or request for purchase Stratefic sourcing Purchasing Contract management Supplier relationship management [Read more about the Procurement Management Process here]
Electronic Data Interchange (EDI), is a method to automate your order to cash process – reducing (or even eliminating) manual data input (resulting in lower costs and lower chances of incorrect data entry). Leveraging automation to reduce your operational costs is a great way to create value in your supply chain. Read on for more…
Brexit news has kind of fallen into the background amid the COVID-19 pandemic but it’s still a big issue for the UK and the rest of Europe. For procurement professionals, you might be wondering what (if anything) will change when it comes to public-sector procurement in a post Brexit world? You can find some guidance…
The procurement industry is full of its share of headaches. Individuals working in supply chain management are faced with challenges everyday. You’ll find the biggest obstacles discussed below, along with tips to overcome them.