Procurement Process

Below is an illustration of the procurement process from shopping for goods and services to payment.Related Articles:https://supplychain.ucsf.edu/procurement-process

Master data management: 3 common misconceptions

High-quality, easily-accessible data is crucial when it comes to optimising service parts inventory. When turned into information, data can deliver insights that can make or break your business. Leaders implement multiple systems, such as ERPs, CRMs, financial and warehousing software, to ...

6 Key Supply Chain and Logistics Trends to Watch in 2017

Call it a cop-out if you like, but seriously, predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done.At th ...

Supply chain management technology: what does the future hold?

As the UK seems to emerge from the economic slump, overall investment opportunities and capabilities for UK businesses are improving. To prepare for future growth, companies are looking for ways to manage their logistics and global supply chains more efficiently. Supply chain technology tr ...

The World’s Top 5 Supply Chains

A supply chain is one of the center pieces of a company’s success. An efficient and responsive chain will keep costs down, and safeguard against any shocks, giving protection from the expenses that they might bring. There are a number of things occurring across the world that are having ...

10 Supply Chain Trends for the Next 10 Years

What trends will affect the next generation of supply chains? That’s a question more and more SCM professionals are asking themselves. The 10 trends offered here are validated with executive input from senior executives across different industries. Related Artilces:< ...

What is Logistics and Supply Chain Management?

What is the difference between Logistics and Supply Chain Management? Many people use 2 terms interchangeably but what is the relationship between both terms? Here you will learn about the meanings of most common logistics and scm terms. Related Artilces:< ...