Effective Inventory management strategies reduce costs, enhance customer satisfaction, and most importantly, increase operational efficiency.| Fractory
In 2025, supply chains face an array of challenges, such as geopolitical tensions, tariffs, labour shortages & raw material shortages, etc.| Fractory
Explore Europe's supply chain workforce: its role, challenges like ageing population and skills gaps, and how tech and education trends shape its future.| Fractory
The EU Supply Chain Act is coming... Discover what this act entails, how it will affect businesses, and what they need to do to prepare.| Fractory
There are many ISO standards to follow and certificates to acquire. Manufacturing companies usually target a few of them. Get to know the 5 most used ones.| Fractory
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Sustainable procurement integrates ESG factors into decision-making, meeting business needs while minimising harm to the planet & society.| Fractory
Transportation costs are the expenses related to moving goods, such as operational costs, driver wages, and maintenance, among others.| Fractory
Design for Supple Chain (DfSC) can be a powerful way to lower costs over the whole product life cycle.| Fractory
Supplier tiering categorises suppliers and subcontractors into tiers based on their importance and proximity to the final product.| Fractory
Procurement, often referred to as strategic sourcing, is the process of acquiring the goods and services a company needs to operate.| Fractory
Procurement transformation refers to the strategic overhaul of processes, practices and organisational structures to improve efficiency, effectiveness & value generation.| Fractory
SRM is a strategic approach to procurement process, involving the development and ongoing management of partnerships with critical suppliers.| Fractory