Supply Chain Management Key Concepts. This is an overview of supply chain management key concepts. We will start with the basics and then increase the complexity. Many of the terms […]
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How to Eliminate Cost in the Supply Chain. Further Detail Streamlining processes in the supply chain can help to eliminate costs in a number of ways: Reducing waste in the
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End to End Supply Chain Management Process The supply chain management process covers supply chain planning, procurement/supplier management, manufacturing, inventory/warehouse management, shipping/delivery, and return. Supply Chain Planning Supply chain planning
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Harvard Business School: What Shows Like ‘The Office’ and ‘Friends’ Can Teach Us About Negotiation. The Office and Friends can teach us a lot about negotiation. By learning from the
The Founder – McDonald’s: How to Close a Deal in an Afternoon. This is a video from the movie “The Founder” on how to close a deal in an afternoon.
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Artificial Intelligence and Procurement. Discussion on how artificial intelligence will drive efficiency and savings in procurement. Artificial intelligence (AI) has the potential to revolutionize the field of procurement by automating
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What is Supplier Selection. Supplier selection is the process of choosing suppliers for goods and services that an organization needs. It is an important aspect of supply chain management, as
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Using Smart Contracts to Transform Supply Chain. This video is to help people understand on smart contracts can transform supply chain. Blockchain provides transparency and security features that to better
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Need Supplier Management and Procurement Training? Try these resources. Supplier management and procurement refer to the processes of identifying, evaluating, and selecting suppliers, and managing the relationship with those suppliers
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What is Procurement Negotiations? End To End Supply Chain Management Process Procurement negotiation is the process of negotiating the terms and conditions of a purchase agreement between a buyer and
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