Logistics Bureau
DECEMBER 9, 2020
ARTICLE SUMMARY. For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. 3) Project Procurement Manager.
Logistics Bureau
AUGUST 2, 2021
On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.
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Logistics Bureau
FEBRUARY 15, 2021
The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. The first part, where you are doing research into the industry, that’s procurement.
SIPMM Professional Publications
MARCH 12, 2020
This article aims to look into […]. The post Crucial Applications for Procurement Artificial Intelligence appeared first on SIPMM INSTITUTE.
Logistics Viewpoints
APRIL 6, 2023
Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.
SIPMM Professional Publications
JULY 31, 2020
As competition in the construction market intensifies, establishing a procurement department is a key process for creating and managing contacts in construction projects. The post Procurement Methodologies for the Construction Sector appeared first on SIPMM | Singapore Institute of Purchasing and Materials Management.
SIPMM Professional Publications
JULY 11, 2019
As competition intensifies in the fast-moving-consumer-goods (FMCG) sector, procurement department plays a critical role to manage order planning with budget allocation, budget planning and cost savings, and to ensure delivery on time. This article attempts to examine […]. This article attempts to examine […].
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