In the constantly evolving world of supply chain management, the executive quest for new knowledge, qualifications and skills never really ends. With new challenges, opportunities and technologies ...
Procurement involves identifying and agreeing to terms for the acquisition of goods, services, or works from an external source, often via a competitive bidding process. involving constrained decision ...
Inflation, economic instability, materials and labor shortages, climate change—almost any disruption you can imagine is a pressure point that makes procurement and supply chain management ...
Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...
With greater insight into resource availability, higher ed institutions make better hardware and software investments. The university has also been able to secure five-year warranties for devices, an ...
For long-term success in today’s oft volatile supply chain environment, strong relationships with suppliers are more important than ever. Procurement decisions, then, should be made with this question ...
Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.