FIFO vs. LIFO: Key Insights for Inventory Management
Inventory valuation plays a crucial role in procurement and supply [...]
Mastering FIFO: A Guide for Procurement Teams
What makes FIFO (First-In, First-Out) such a vital strategy for [...]
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 [...]
Nearshoring or Offshoring? Tips to Choose the Right Strategy
When cost savings is the main driver of a sourcing [...]
Preparing Your Supply Chain for the Unexpected
Cases of supply chain disruption have become increasingly prevalent, posing [...]
Unexpected Skills Every Procurement Pro Needs
When HR outlines skills for procurement professionals, they find that [...]
The Importance of Supply Chain Visibility for Procurement
Supply chain visibility is essential for successful procurement, as it [...]
Deploying Risk, Resilience, and Supply Sustainability Management
Next Level Purchasing Association’s definition of Risk, Resilience, and Supply [...]
Procurement for Cruise Ships
Procurement for cruise ships is a complex process that involves [...]