OptimizeMRO, Author at OptimizeMRO

The Need Organizational flexibility, business process automation, and supply chain management innovation are all accelerated

Procurement is the critical function of supply chain management, which plays a direct role in

Understanding the Challenges Companies should develop techniques that can reduce vendor risks due to the

Most companies interact every day with a wide range of vendors. In this series, we

PROCUREMENT A company engages in procurement while sourcing products (or services) from suppliers and vendors.

What is Vendor Master Data? A comprehensive supplier / vendor master allows sourcing specialists to

Understanding ERP Enterprise Resource Planning (ERP) is a software that controls the finances, manufacturing, reporting,

The primary responsibility of the procurement function is to guarantee the availability of all raw

The strategic management of a company’s relationships with its suppliers is known as supplier relationship

For many years, purchasing was viewed more as a transactional role that involved negotiating a

The importance of utilizing digital technologies in supply chain