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With the outbreak of war between Russia and Ukraine, the international price of wheat on the Chicago Stock Exchange showed a significant increase between February/22 and March/22 – around 39,38%. The increase in USD/bushel prices was due to the...
In times of great competition and economic crises, finding a new supplier is critical for companies, and the cost factor should not always be taken into consideration. In fact, several other factors influence this ...
Covid-19, blockage in the Suez Canal, lack of containers, overcrowded ports. Risk management has become a challenge for Procurement professionals. Of course, these professionals have always had to deal with risks, but...
The last few years have been challenging for the supply chain, as all its strategies and functions have been challenged by multiple supply disruptions. This has made it clear that the industry has a serious problem in capturing...
The Purchasing sector is facing a critical moment, technological changes threaten to completely transform the area, eventually leading to process automation. Companies, then, have three options to embrace this major change...