Supply Chain Management
9 min read
The Importance of Visibility In the Supply Chain
Over the last few years, companies from all industries have seen true turbulence. With unexpected disruptions caused by increasingly frequent natural disasters, the COVID-19 pandemic, and the Russian war against Ukraine, supply chain visibility has become a new "must-have" for businesses.
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:
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
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
