Mastering FIFO: A Guide for Procurement Teams
What makes FIFO (First-In, First-Out) such a vital strategy for [...]
mylene2025-02-05T20:19:31-04:00January 7th, 2025|Categories: Inventory Management, LEAN, Savings Strategies, Strategic Procurement, Supply Chain, Technology|Tags: barcoding, Compliance, cost savings, ERP, FIFO, FIFO challenges, FIFO implementation, First-In First-Out, inventory audits., inventory management, inventory metrics, inventory optimization, inventory turnover, inventory valuation, lean operations, logistics, operational excellence, perishable goods management, procurement, procurement policies, procurement strategies, procurement training, purchasing, regulatory compliance, RFID, stock management, stock rotation, Supply Chain, supply chain efficiency, supply chain technology, supply chain training, Sustainability, warehouse management, warehouse organization, waste reduction, WMS|
Top 5 Procurement Strategies from 2024 to Set You Up for Success in 2025
If there’s one thing we’ve learned in 2024, it’s that [...]
mylene2024-12-16T02:54:07-04:00December 11th, 2024|Categories: Data Analysis and Statistics, LEAN, Strategic Procurement, Supplier Management, Sustainability|Tags: 2024 Procurement Strategies, 2025 Procurement Planning, Continuous Improvement, Cost reduction, Data Analytics, Global Sourcing, Kaizen, LEAN, Procurement KPIs, Procurement Operations Management, Procurement Strategy, Procurement Trends, risk management, strategic procurement, Supplier Diversity, Supplier management, Supply Chain, Sustainability, Value Creation|