LIVING LOGISTICS BLOG

    Procurement in the Digital Age

    Dec 13, 2019 12:00:00 AM / by Samantha Bender posted in Supply Chain Solutions, Supply Chain Management, 4PL, Transformation, Supply Chain Optimization, Cost Savings, RFQ Handling

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    Jean-Jacques Laffont, a French economist, defined Procurement as "the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process."

    Even though the core concept remains the same over decades, the reality is that in practice, procurement must evolve and adapt over time especially as technology advances around it.

    Procurement is focused on making buying decisions that involve cost-benefit or cost-utility analyses but many debates still persist in acquiring Logistics services such as “do I enable my internal logistics department to make these decisions” or “do I centralize the process through an enterprise-wide procurement organization”.

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    Supply Chain Transformation in the Oil & Energy Industry

    Apr 15, 2019 3:00:29 PM / by Adrienne Watts posted in Supply Chain Solutions, Transformation, Supply Chain Diagnosis, Supply Chain Optimization, Oil & Gas / Oil & Energy

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    There is a very large ecosystem of supporting parties in the oil and energy industry including International oil and gas companies, National oil and gas companies, drillers, engineering companies, procurement companies and construction. In this episode we will talk about Supply Chain challenges these parties are facing and the associated trends.

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    Supply Chains Transformation: Where to Start

    Apr 2, 2019 9:00:08 AM / by François Xavier Lanne posted in Supply Chain Solutions, Transformation, Supply Chain Diagnosis

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    What Is Transformation?

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