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The simple definition of "procure" that everyone knows is "to obtain, buy or acquire." A more complicated definition would be something such as "obtaining goods and services from requisition to receipt and approval of invoice payment."
Today, procurement (as "BUY") plays a crucial role in all aspects of the supply chain mega processes of PLAN - BUY - MAKE - MOVE - STORE - SELL/DELIVER. Click here to continue reading.
Press Release: Tompkins Supply Chain Consortium new report reveals tools, Ttrends and timing secrets for network planning. Download the report here.
Report: How can you combine business analytics with benchmarks to drive supply chain performance? Using supply chain intelligence. Download the report here.
Blog Post: Valerie Bonebrake writes a guest post on the GoGoGo Blog. Make sure to read and find out 5 basic questions that 3PLs often miss. You can read it here.
Podcast: Jim Tompkins and Steven Crandall had way too much to say in the last episode to fit into a single podcast, so in this episode the two return to continue their conversation of China's Business Evolution. Listen in here.
Executive Briefing: Tompkins Supply Chain Consortium's Domestic Transportation Report reveals industry insights into volume, capacity and pricing. You can read more here.