What Is Supply Chain Management and Why Does it Matter?

What Is Supply Chain Management and Why Does it Matter?

In an earlier post on this blog, I addressed the question “what is a supply chain?” As the post was intended to provide the answer in a nutshell, I simply explained that the supply chain starts with some raw materials and ends with a finished product in the hands of a...
Why the Procurement Team Should Understand Inbound Freight Costs

Why the Procurement Team Should Understand Inbound Freight Costs

If you work in a procurement or purchasing role, you’re probably involved in purchasing inbound materials. These might be raw materials for a manufacturing facility or perhaps finished goods (if you work for a retail organisation). In any event, you and your team can...