Procurement Technology - What it Can and Cannot Replace in a Manufacturer's Journey Towards Supply Chain Resilience and Agility

This article reviews the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis.

Mitigating Supply Chain Risk through Bold Leadership, Transparency and Procurement

For example, in many organizations, different business units buy similar products from multiple suppliers instead of buying everything from one supplier and benefiting from economies of scale. Procurement can see that, but the rest of the organization can't.

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Featured Product

MRPeasy - ERP for Small Manufacturers That Delivers Results

MRPeasy - ERP for Small Manufacturers That Delivers Results

Always know what you have in stock and what you'll need to fulfill orders. Never forget to order parts on time or fail to notice a late delivery from your vendor. Easily create manufacturing orders and schedule them automatically according to resource availability or delivery deadline. Generate accurate cost and lead time estimates and provide customers with quick quotes. Receive notifications when orders are late or inventory levels reach a critical point. Ensure seamless communication between sales, production, warehousing, procurement, administration, and finance. Integrate with popular accounting, CRM, and e-commerce apps. MRPeasy is an ERP software for small manufacturers that gives you all that and more. Our users report a 54% average improvement in the overall performance of their business and a 42% increase in on-time deliveries. Try for free, no credit card needed.

Manufacturing and Automation - Featured Company

FAULHABER MICROMO

FAULHABER MICROMO

Since 1961, FAULHABER MICROMO has partnered with OEMs to deliver high precision, high performance, custom micro motion system solutions to markets such as medical, robotics and automation in North America. FAULHABER MICROMO's tradition of innovation started decades ago in Germany. The groundbreaking invention of the FAULHABER coreless winding started it all for a market that produces millions of motors today. How can the FAULHABER MICROMO team help you deliver your next innovation to market first? Learn more about MICROMO's solutions for the most demanding applications, our diverse motion products and technologies, online ordering, Engineering and R&D teams, Clean Room Assembly, Machining Center and other services at our Clearwater, FL facility at www.micromo.com.