Remove Examples Remove Meeting Remove Procurement Solutions
article thumbnail

Boston University’s Sourcing Transformation

Logistics Viewpoints

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. This is not a purchase made very often. “I

article thumbnail

7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the New Administration Could Mean for Your Business

WorkWave

This could limit businesses’ ability to meet demand, especially during peak seasons and potentially lead to higher labor costs and project delays. For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours.

article thumbnail

Know Your Supply Chain KPIs – Procurement

Logistics Bureau

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

article thumbnail

5 Steps to a Hassle-Free TMS Software Integration

Trinity Logistics

But the heavy lift with integration usually involves the interaction between your companys internal systems and the TMS software. Each BPO can help assemble a complete picture of how the TMS software will support each business unit. Logistics If your organization has a formal logistics department, they must be in the kick-off meetings.

article thumbnail

What is Logistics?

Logistics Bureau

In order to meet some requirements, for example, of customers or corporations, the resources managed in logistics can include tangible items such as food, materials, equipment, liquids and stuff as well as abstract items such as information, particles and energy. What is Logistics?

article thumbnail

How Cloud ERP can assist manufacturers with their procurement function

SYSPRO Smarter ERP

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. However, as teams become remote manual procurement has hampered operations.