How Distributors Can Benefit from Supplier Relationship Management
Explore the crucial role of Supplier Relationship Management in enhancing supply chain efficiency. Active management enhances the benefits of supplier relationship management in five major ways by optimizing vendor performance...
How Group Purchasing Organizations Can Help Streamline Your Procurement Process
Discover how Group Purchasing Organizations (GPOs) revolutionize procurement in MRO management with SDI's Supply Chain Cooperative. Learn about cost savings, efficiency, and expert guidance in cooperative purchasing.
With many different eProcurement platforms, features, and benefits, it can be a challenge to choose the right solution for your needs, and integration with a system will take time and...
Leveraging Purchasing Cooperatives for Supply Chain Risk Mitigation
Learn how purchasing cooperatives strengthen supply chain resilience. Aggregated buying power, diversified suppliers, data analytics, and flexible contracts reduce risks. Understand differences between traditional GPOs and modern cooperative models.
Which Procurement Method is Best? Centralized Purchasing vs. Decentralized Purchasing vs. Hybrid Models
Industrial procurement has emerged as a critical function for any manufacturing and production company. Effective procurement management ensures the steady supply of the raw materials, components, equipment, and services that...
An Innovative Way to Tackle Inventory and Stock Location Challenges
You Can’t Use What You Can’t Find That statement is never more valid than when discussing maintenance, repair, and operations components and retail merchandise. Much of the heavy lifting manufacturers...
A centralized purchasing model offers many benefits that can help businesses operate more efficiently and reduce costs. While decentralized purchasing gives individual departments more control, a centralized system provides overall...
Maximizing Maintenance, Repair, and Operations (MRO) Procurement: GPOs vs. Purchasing Cooperatives
In the landscape of sourcing strategies, understanding which procurement solutions suit your needs is essential. With increasing complexities in supply chain management, both GPOs and purchasing cooperatives have emerged as...
In recent years, medical, geopolitical, and economic developments demonstrate the importance of mitigating supply chain risk and how important safety stock truly is. Maintaining a sufficient safety stock of maintenance,...
