Category: Supplier Management

Strategic Sourcing for Successful Supply Chain Management

Please share what you find valuable:

Strategic Sourcing Strategic sourcing is a procurement process that involves the systematic and comprehensive evaluation and selection of suppliers based on their ability to meet the needs of the organization. It is a key...

What is Supplier Relationship Management?

Please share what you find valuable:

What is Supplier Relationship Management? Supplier relationship management (SRM) is the process of managing and optimizing the interactions and relationships with suppliers. The goal of SRM is to create mutually beneficial partnerships with suppliers...

Future of the Digital Supply Chain

Please share what you find valuable:

Future of the Digital Supply Chain The future of the digital supply chain is expected to see a greater integration of technology and automation, leading to increased efficiency, visibility, and agility. Some specific trends...

Strategic Sourcing – Supply Chain Today

Please share what you find valuable:

Strategic Sourcing Seminar Strategic sourcing is a comprehensive approach to procurement that goes beyond simple purchasing. It involves analyzing and managing an organization’s supply chain to optimize procurement processes, reduce costs, and build strong...

Supply Chain Sustainability and Environmental Impact.

Please share what you find valuable:

Introduction “Creating a Sustainable Future: Optimizing Supply Chain for Maximum Environmental Impact.”  Supply chain sustainability and environmental impact are two of the most important topics in the modern business world. As businesses become increasingly...

Guide to Supplier Management.

Please share what you find valuable:

Introduction Welcome to Your Guide to Supplier Management! This guide is designed to help you understand the basics of supplier management and how to effectively manage your suppliers. We will cover topics such as...

Top Supply Chain Certification Programs

Please share what you find valuable:

Unlock Supply Chain Potential with Top Certification Programs! Supply chain certifications are becoming increasingly important for professionals in the field of supply chain management. These certifications provide a way for professionals to demonstrate their...

Strategic Sourcing Plan

Please share what you find valuable:

Six Steps To Create Strategic Sourcing Plan. There are various ways to create a strategic sourcing plan.  Some have six steps, others may have eight or nine steps. Creating a strategic sourcing plan involves...

Procurement supplier selection process.

Please share what you find valuable:

How to choose a supplier: Notes on the Procurement supplier selection process. A strong supply base is essential to a strong supply chain.  How do you select your suppliers?  What suggestions do you have...

Typical negotiation mistakes of Procurement people

Please share what you find valuable:

Typical negotiation mistakes of Procurement people. Negotiation mistakes can cost a company millions of dollars. The more prepared you are the less mistakes you will make.  Always be ready in negotiations.  Do your homework....