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How to Relieve Labor Shortage Challenges with Vendor Managed Inventory

American City & Country

Follow along below to see how Lawson Products , a leading distributor of fleet and facility maintenance solutions, can transform the way facilities and procurement departments procure and manage supplies through Vendor Managed Inventory (VMI) services and dedicated support. What is Lawson Vendor Managed Inventory?

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Work to achieve 100% supply chain visibility. Why is visibility so important?

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Finding the 2nd Right Answer: The Planning Phase of Procurement

The Procurement School

Looking at an example from the last decade, when did procurement realize what it didn’t know? When a contract for copy paper was due to expire, there was relatively little discussion about doing anything different but having procurement running an RFX. Bringing a team together is like having the right ingredients for a recipe.

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Creating Tail Spend ROI Through an Improved Buyer Experience

ivalua

Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Through this, Procurement will either learn to improve buying channels or educate the user on the right process.

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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Retailers will need to determine where to reduce spend and where to invest — and that’s where Procurement can shine. . Decentralize Procurement.

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Invoice Hub – the Next Horizon for AP Automation

ivalua

So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. However, ask any AP team member, in any company and they’ll tell you it’s impossible, ‘our business just doesn’t work like that!’ Have we received all the items and what items are outstanding?

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. In this blog post, well explore in detail the impact of US tariffs on UK supply chains and outline actionable steps procurement teams can take to adapt. billion (ONS, 2024).