Supply Chain

Procure to Pay Connect > Procure 2 Pay  > Supply Chain (Page 2)
Basic Tips for Supply Chain Optimization

Basic Tips for Supply Chain Optimization. Keeping a track of your orders from the moment you initially contacted the suppliers through the point of delivery can be quite a challenge for any organization. It comes without saying that creating purchase orders and sharing them with the suppliers from one centralized place directly and efficiency is essential for managing a successful Procure-to-pay operation....

Read More
Reverse Factoring - An Important Piece of the Supply Chain Financing Pie

Reverse Factoring is a form of receivable financing in trade finance whereby a buyer arranges for the financing of invoices raised on him by a supplier. Reverse Factoring is very similar to traditional factoring with the noticeable difference of the buyer being the arranger of the facility rather than the supplier as in traditional factoring....

Read More
10 Simple Concepts That Everyone Can Use to Reduce Supply Chain Risk

Supplier evaluation checklist strategies vary from company to company. In most cases, they can be a proactive way to expand your organization’s ability to reduce supply chain risk as well as attract and maintain the right suppliers. Establishing a company-wide methodology to help evaluate suppliers is easier than you think and will contribute to making sure that you avoid mistakes....

Read More
Suppliers in China - Break Through The 5 Main Barriers

Western companies have five main barriers to engagement when it comes to suppliers in China. When being examined through Western-business-eyes, China certainly looks an endless sea of business opportunities, quite affordable labor and billions of potential customers. However, there is a significant set of challenges in working with suppliers in China. Barriers that can easily shatter these lovely, but a little bit too optimistic initial...

Read More