This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
In my last blog post, “ Will your supplychain lead in the next decade? ,” I talked about Gartner’s first-day focus at their SupplyChain Executive Summit in Phoenix, Arizona. This is an especially important message for manufacturers’ supplychain organizations.
Strategic sourcing requires an intense focus on the totalcost of ownership, while incorporating customer needs, organizational goals, and market conditions. The processes and strategies driving supplychain management success are evolving and strategic sourcing is being redefined. Are you evolving with the times?
Take the next step towards mastering procurement dynamics and elevating your organisation’s supplychain 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!
Driven by a desire by manufacturers to insulate themselves from spiraling labor costs, manufacturers shifted production of parts and components into the supplychain. This includes sourcing, supplychain, logistics, product management, and even key senior executives. Suppliers have never been more important.
Strategic sourcing is a contemporary approach to supplychain management. The main difference relates to cost. In contrast, strategic sourcing focuses on the totalcost of ownership and seeks to create the best possible value. Traditional sourcing was all about sourcing goods at the lowest possible price.
The Commercial section details all pricing-related information and where bidders submit their pricing and should it include all applicable costs to calculate The TotalCost of Ownership (TCO). Author: Graham Allen Graham Allen is recently retired from SupplyChain Ontario.
Even more so now, seasoned professionals in the construction industry have seen budgets disrupted considerably by fluctuations in pricing and lead times that have shredded carefully drafted cost estimates and project schedules. Supplychain issues” has become an accepted catch-all term to explain a range of circumstances.
Building supplychains with responsible materials and labour practices is possible. Supplychain managers have been part of the transactional process in all sectors. As Artificial Intelligence and the Internet of Things expands exponentially, the role of supplychains needs to adapt to be relevant as well.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content