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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

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Supply chain innovation through the Nexus of Forces

ivalua

In my last blog post, “ Will your supply chain lead in the next decade? ,” I talked about Gartner’s first-day focus at their Supply Chain Executive Summit in Phoenix, Arizona. This is an especially important message for manufacturers’ supply chain organizations.

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Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. The processes and strategies driving supply chain management success are evolving and strategic sourcing is being redefined. Are you evolving with the times?

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Benchmarking in Procurement: The Key to Maximising Business Value

Oxford College of Procurement and Supply

Take the next step towards mastering procurement dynamics and elevating your organisation’s supply chain effectiveness. The post Benchmarking in Procurement: The Key to Maximising Business Value appeared first on Oxford College of Procurement and Supply. Contact us to learn more and enrol today!

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Deepen Your Understanding to Improve Supplier Engagement

ivalua

Driven by a desire by manufacturers to insulate themselves from spiraling labor costs, manufacturers shifted production of parts and components into the supply chain. This includes sourcing, supply chain, logistics, product management, and even key senior executives. Suppliers have never been more important.

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What is Strategic Sourcing and Why is it Important?

Oxford College of Procurement and Supply

Strategic sourcing is a contemporary approach to supply chain management. The main difference relates to cost. In contrast, strategic sourcing focuses on the total cost of ownership and seeks to create the best possible value. Traditional sourcing was all about sourcing goods at the lowest possible price.

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

The Commercial section details all pricing-related information and where bidders submit their pricing and should it include all applicable costs to calculate The Total Cost of Ownership (TCO). Author: Graham Allen Graham Allen is recently retired from Supply Chain Ontario.