The terms Procurement and Supply Chain Management (SCM) are often mistakenly used interchangeably in business discussions. This confusion is more than a simple semantics issue; it reflects a potentially fatal operational disconnect. A modern, successful enterprise must recognize procurement in supply chain as a critical function within the overarching strategy of Supply Chain Management. To put i...
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As someone who has navigated the supply chain landscape for nearly five decades, I can tell you that the difference between merely managing a warehouse and mastering smart warehousing is the difference between surviving and leading. We've moved past the era where a warehouse was just a fixed cost and a four-wall storage unit; today, it is a dynamic, intelligent nerve center powered by data and aut...
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In the modern business landscape, warehouse and logistics play a pivotal role in ensuring the smooth and efficient movement of goods. Yet, many professionals still use these terms interchangeably — even though they serve distinct but interdependent functions within the end-to-end supply chain management ecosystem. As a supply chain head with decades of experience, I’ve seen how optimi...
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