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Procurement Archives - World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA https://supplychainboard.com/procurement/ Global Community of SCM Professionals Mon, 22 Apr 2024 16:30:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.7 https://supplychainboard.com/wp-content/uploads/2021/01/cropped-SCB-Favicon-1-32x32.png Procurement Archives - World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA https://supplychainboard.com/procurement/ 32 32 How Maersk Dominates the Global Shipping Industry https://supplychainboard.com/how-maersk-dominates-the-global-shipping-industry/ Tue, 13 Feb 2024 11:25:00 +0000 https://supplychainboard.com/?p=520 The post How Maersk Dominates the Global Shipping Industry appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

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The post How Maersk Dominates the Global Shipping Industry appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> The Inside Story of the Ship That Broke Global Trade https://supplychainboard.com/the-inside-story-of-the-ship-that-broke-global-trade/ Sun, 14 Nov 2021 11:28:03 +0000 https://supplychainboard.com/?p=523 The post The Inside Story of the Ship That Broke Global Trade appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

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The post The Inside Story of the Ship That Broke Global Trade appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Shipping executive talks supply chain nightmare https://supplychainboard.com/shipping-executive-talks-supply-chain-nightmare/ Tue, 09 Nov 2021 11:23:00 +0000 https://supplychainboard.com/?p=517 The post Shipping executive talks supply chain nightmare appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

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The post Shipping executive talks supply chain nightmare appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Global supply chains under scrutiny due to climate impacts https://supplychainboard.com/global-supply-chains-under-scrutiny-due-to-climate-impacts/ Mon, 04 Oct 2021 11:20:00 +0000 https://supplychainboard.com/?p=514 The post Global supply chains under scrutiny due to climate impacts appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

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The post Global supply chains under scrutiny due to climate impacts appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Goldman Sees Supply-Chain Issues Lasting Through 2022 https://supplychainboard.com/goldman-sees-supply-chain-issues-lasting-through-2022/ Sat, 25 Sep 2021 11:18:00 +0000 https://supplychainboard.com/?p=511 The post Goldman Sees Supply-Chain Issues Lasting Through 2022 appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

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The post Goldman Sees Supply-Chain Issues Lasting Through 2022 appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> How China Is Affecting The Supply Chain Crunch In US https://supplychainboard.com/how-china-is-affecting-the-supply-chain-crunch-in-us/ Fri, 26 Mar 2021 10:51:00 +0000 https://supplychainboard.com/?p=493 The post How China Is Affecting The Supply Chain Crunch In US appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

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The post How China Is Affecting The Supply Chain Crunch In US appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> How Apple maintains Lean Inventory for maximum efficiency https://supplychainboard.com/how-apple-maintains-lean-inventory-for-maximum-efficiency/ Tue, 15 Dec 2020 13:25:00 +0000 https://supplychainboard.com/?p=469 Tim Cook has streamlined Apple’s supply chain for maximum efficiency, allowing the company to minimize inventory risk in many ways. However, there are some costs in terms of giving up some control while increasing the risk of leakage in the supply chain.

The post How Apple maintains Lean Inventory for maximum efficiency appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Tim Cook has streamlined Apple’s supply chain for maximum efficiency, allowing the company to minimize inventory risk in many ways. However, there are some costs in terms of giving up some control while increasing the risk of leakage in the supply chain.

The post How Apple maintains Lean Inventory for maximum efficiency appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> How a Procurement Strategy can deliver great business value https://supplychainboard.com/how-can-a-procurement-strategy-deliver-great-business-value/ Thu, 26 Nov 2020 13:04:00 +0000 https://supplychainboard.com/?p=464 Procurement Strategy explains how an organization seeks to optimize external spending, procurement costs and other value contributions in a manner that is aligned with corporate objectives. Many companies lack a formal enterprise-wide strategy on how value is to be achieved through the procurement of goods and services. As a result, it is very difficult to […]

The post How a Procurement Strategy can deliver great business value appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Procurement Strategy explains how an organization seeks to optimize external spending, procurement costs and other value contributions in a manner that is aligned with corporate objectives.

Many companies lack a formal enterprise-wide strategy on how value is to be achieved through the procurement of goods and services. As a result, it is very difficult to know whether the procurement organisation contributes to the corporate objectives and how this contribution can be measured.

A clearly articulated procurement strategy will demonstrate alignment with corporate strategy and objectives on issues such as process/cost efficiency, spending reduction, product innovation, global/local sourcing, and corporate and social responsibility.

Craig Millis, Director of GRA speaks about how a procurement strategy can deliver great business value.

The post How a Procurement Strategy can deliver great business value appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Top 10 Supply Chain Management (SCM) Systems https://supplychainboard.com/top-10-supply-chain-management-scm-systems/ Sat, 26 Sep 2020 12:19:00 +0000 https://supplychainboard.com/?p=455 Supply chain management has taken a leading role in today’s world, with global product shortages and unexpected shifts in consumer demand. The Covid-19 pandemic exposed deficiencies in many global supply chains, which underscore the potential need for better technology (such as SCM software) to manage these bottlenecks. The video summarizes the top 10 supply chain […]

The post Top 10 Supply Chain Management (SCM) Systems appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Supply chain management has taken a leading role in today’s world, with global product shortages and unexpected shifts in consumer demand. The Covid-19 pandemic exposed deficiencies in many global supply chains, which underscore the potential need for better technology (such as SCM software) to manage these bottlenecks.

The video summarizes the top 10 supply chain management solutions in the market today and highlights the strengths and limitations of each of the leading SCM systems objectively.

The post Top 10 Supply Chain Management (SCM) Systems appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> How IBM and Maersk are using Blockchain to manage cross-border supply chain https://supplychainboard.com/how-ibm-and-maersk-are-using-blockchain-to-manage-cross-border-supply-chain/ Tue, 26 May 2020 12:00:00 +0000 https://supplychainboard.com/?p=446 Demo of how IBM and Maersk digitize and simplify global trade in order to create trust and transparency in the supply chain using blockchain technology-a distributed, authorized platform accessible through the supply chain ecosystem designed to exchange data on events and manage document workflows. The example shows how shipping flowers can create trust and security […]

The post How IBM and Maersk are using Blockchain to manage cross-border supply chain appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

]]> Demo of how IBM and Maersk digitize and simplify global trade in order to create trust and transparency in the supply chain using blockchain technology-a distributed, authorized platform accessible through the supply chain ecosystem designed to exchange data on events and manage document workflows.

The example shows how shipping flowers can create trust and security in a digitized workflow while improving the efficiency of global supply chains.

The post How IBM and Maersk are using Blockchain to manage cross-border supply chain appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.

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