Remove Inventory Remove Procurement Solutions Remove Supply Chain Disruption
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Mastering Disruption: A Smarter, More Connected Approach

Logistics Viewpoints

Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supply chain landscape we would ever see. Since then, supply chain disruptions and volatility have only increased. We were wrong. The responses are more effective, and response time is much quicker, with fewer buffer stocks.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

An example of this is Vendor Management Inventory and Capacity Collaboration for contract manufacturing. Make Strategic Commitments During Supply Chain Disruptions During crises such as semiconductor shortages or other supply chain disruptions, make firm, long-term commitments to suppliers.

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No Balloons Needed: Practical Moves to Navigate Tariff Volatility

Logistics Viewpoints

So, what can supply chain leaders do right now? Instead of broad, theoretical solutions, we need to go deeper and identify the tangible levers companies can pull to adapt. Establish inventory reserves in key markets to avoid supply chain disruptions.

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AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

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Centralized Purchasing System – Key Benefits and Effective Strategies

Precoro

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

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What is Vendor Relationship Management

My Office Apps

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?