Fluctuations in raw material prices, new laws, supply chain disruptions – the external conditions for purchasing and procurement are challenging. Companies must continuously find a good balance between costs, quality, …
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The use of blockchain technology in procurement is transforming the way companies handle transactions, orders and the verification of product authenticity. Thanks to its decentralized network, which ensures transparency and …
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As a key component of Supply Chain Management, Supplier Management refers to the strategic management and control of a company’s relationships with its suppliers. Punctuality, quality and sustainability in particular …
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In view of changing customer expectations and legal requirements such as the German Supply Chain Act or the new EU CSR Directive, companies are increasingly responsible for keeping environmental impacts …
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Many companies are currently struggling with high cost pressures on the supply chain caused by supply constraints, increased freight and storage costs, sharply rising energy prices and persistent inflation. What …
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In the event of a disruption, an overdependence on individual suppliers or geographical regions can lead to serious bottlenecks in procurement and production. Increased diversification is one way to cushion …
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India offers companies interesting business opportunities as a procurement and sales market. Yet what are the local peculiarities to be expected in this unique business environment? We shed light on …
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A multi-regional procurement approach reduces the likelihood of supply chain failures. One attractive procurement market is Pakistan. We spoke to local hero World Wide Group…
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Companies are well advised to develop alternative procurement markets and to solve any dependencies that may have arisen. India can be a profitable market…
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Maintaining the ability to deliver and operating in a cost-sensitive manner – especially in challenging times and with current freight prices, this presents companies with an enormous challenge. If the …
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