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The Strategic Importance of Global Procurement

Logistics Bureau

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

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At St. Luke’s, Supply Chain Excellence Depends Upon Doctor Involvement

Logistics Viewpoints

Procurement became a logical place for leading healthcare systems to focus. As vice president of supply chain and procurement, Mr. Wengert was brought in to drive change. Hospital chains’ approach to procurement lagged far behind the practices employed by manufacturers, retailers, and distributors. “We How did St.

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No Time Like the Present

Supply Chain Shaman

Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. These results herald upcoming issues for future manufacturing reporting earnings calls. Closed Loop.

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Warehouse Robotics – Scaling Operations for Exponential Growth, with Mark Messina

Logistics Viewpoints

I engaged in numerous discussions with robotics executives last year as I was developing ARC Advisory Group’s mobile warehouse robotics (AMR) research. CLINT: Mark, I came across many former Kiva Systems employees during my discussions with executives at warehouse robotics companies. Thankfully, he accepted my request.

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Manufacturing and the Titanium Economy

Enterra Insights

We all know the storyline that insists advanced economies have moved on from the Industrial Age to the Digital Age and have become service-focused rather than a manufacturing-focused. ” Santhanam is one of a trio of co-authors who have labeled this manufacturing resurgence the “Titanium Economy.” ”[4].

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Is Your Manufacturing Business Ready for ERP Solutions?

SYSPRO Smarter ERP

Orders are up, business is booming, and your manufacturing operation is expanding. The growth of your company is exciting, but expansion can present many new challenges. Does this sound familiar: “How can we have so much inventory in the warehouse and yet we never have the right materials for production?”

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?