by Thanvir | Jun 11, 2023 | Procurement
Upgrade Your Career: Procurement & Supply Chain In High Demand The job market is ever-changing, and it is important for professionals to stay updated with the latest trends and opportunities to ensure career growth. One field that has seen a significant rise in...
by Thanvir | Jun 2, 2023 | Energy Markets
Here are the Key Points from IEA’s Oil Market Report – May 2023 – World oil demand forecasted to rise by 2.2 mb/d year-on-year in 2023 to an average of 102 mb/d.- China’s demand recovery surpasses expectations, setting a record in March at 16 mb/d.-...
by Thanvir | Apr 27, 2023 | Case Study
Introduction A prominent European bank, specializing in commodity trade finance, stands as a pillar in the financial sector, facilitating trade and ensuring the smooth flow of commodities across borders. However, amidst the complexities of global trade, the bank...
by Thanvir | Apr 26, 2023 | Procurement, Strategic Sourcing
Is Strategic Sourcing The Same As Procurement Strategic sourcing and procurement are often used interchangeably, but they’re not the same. Many organizations use these terms in different ways, which can lead to confusion about what each term means. In this...
by Thanvir | Apr 25, 2023 | Procurement, Strategic Sourcing
Strategic Sourcing Policy: Best Practices Procurement Need to Impelment Strategic sourcing is an important policy to understand to remain competitive in today’s business climate. This concept can be daunting, but it doesn’t have to be! In this article,...
by Thanvir | Apr 25, 2023 | Procurement, Strategic Sourcing
Strategic Procurement Roadmap Strategic procurement is crucial to any successful business, but it can be challenging to map out the right path. A strategic procurement roadmap can provide businesses with a clear plan for achieving their goals and objectives....
by Thanvir | Apr 18, 2023 | Strategic Sourcing
Strategic Sourcing Rules: Some You May be Missing. Strategic sourcing is analyzing and evaluating the supply chain to ensure that organizations receive goods, services, and materials at an optimal cost. By understanding strategic sourcing rules, organizations can gain...
by Thanvir | Apr 17, 2023 | Procurement, Strategic Sourcing
How Sourcing Strategies Can Improve Performance: Four Key Strategic Sourcing Options Sourcing strategies are an essential part of any business. By understanding the different approaches to sourcing, companies can improve performance and increase efficiency in their...
by Thanvir | Mar 28, 2023 | Procurement, Strategic Sourcing
Strategic sourcing goals are an essential part of any organization’s overall strategy. A well-defined approach to strategic sourcing can help organizations achieve their desired objectives, such as cost savings and improved supplier performance. This article will...
by Thanvir | Mar 27, 2023 | Strategic Sourcing
Strategic and tactical sourcing are two different approaches to procurement that can significantly impact organizations. As a strategic sourcing analyst, I’m here to explain the differences between these two methods and how they work together for success. First,...
