Supply Chain Management

Can We Really Offset High Materials Costs?

The primary elements that make up a finished product are direct raw materials. They can be any mined materials, like minerals, metals, crude oil, coal, etc. There are also indirect raw materials – anything that supplements the making of finished products from direct materials. The challenges represented by accessing these materials promptly and at a

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Supply Chain Management

Can There be Procurement Sanity When the Supply Chain is a Hot Mess?

Over the past few years, supply chains have had virtually everything thrown at them: tariffs, a pandemic, inflation, transportation/logistics nightmares, inability to find staff, and even war. For the most part, these disruptions came out of nowhere, suddenly causing devastating results. This dynamic environment has challenged the post-professional and advanced procurement teams—what is it doing

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