direct spend, sourcing, supplier management, raw materials

What to Know About Direct Spend Management

Direct Spend Management Explained Direct spend management refers to the processes of tracking, controlling and optimizing the purchases directly tied to producing a company's products or services. It covers the procurement of...
AutoCulture 2.0, Auto Supply Chain Prophets, electric vehicles

AutoCulture 2.0: Shifting Leadership and Culture in the Auto Supply Chain

The automotive industry finds itself in a time of turbulent transition, as the shift from traditional vehicles to electric vehicles continues apace. Even though the majority of consumers are still sticking...
Sales and operations planning, S&OP, rowers

Tips to Boost Business Alignment Through S&OP

Enable Optimized Decision-Making In today's fast-paced business environment, achieving alignment across all departments and trading partners is crucial for sustainable success. Effective Sales and Operations Planning (S&OP) plays a crucial role in...
Supplier management, cargo ship

What is Landed Cost and Its Importance?

Introduction The accurate analysis and calculation of total landed costs is imperative for organizations with global supply chain operations. However, many companies overlook common cost elements including duties, tariffs, taxes, harbor fees...