Supplier Chain Management

8 Supplier Management Best Practices any business can implement

5 min read

8 Supplier Management Best Practices any business can implement

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems:

Daryna Rodriguez
Daryna Rodriguez
Supplier Chain Management
The Difference Between Procurement and Supply Chain Management

2 min read

The Difference Between Procurement and Supply Chain Management

Have you ever wondered what the difference between procurement and supply chain management is? Even though above-mentioned concepts are related, there is a distinct difference between them. In our today’s article, we will figure out how these terms differ and explain why it is absolutely wrong to use them

Daryna Rodriguez
Daryna Rodriguez
Supplier Chain Management
7 Basic Types of Supply Chain Risks

4 min read

7 Basic Types of Supply Chain Risks

Risk management is the process of identifying, assessing, and controlling risks arising from operational factors and making decisions that balance risk with offsetting benefits. It is a systematic approach used to identify, evaluate, and reduce or eliminate the possibility of an unfavorable deviation from an expected outcome. Nowadays, supply chain

Daryna Rodriguez
Daryna Rodriguez
Supplier Chain Management