What is Make-to-stock (MTS)? Make-to-Stock (MTS) is a traditional approach to manufacturing, where companies produce...
Procurement Articles
Mastering Volatility in Procurement and Supply Management
Volatility in procurement and supply management refers to the degree of unpredictability and fluctuations in various...
Industrial Fasteners: Buying in Bulk from Fastener Distributors
If you are like most business owners within the industrial field, then you undoubtedly go through a lot of industrial...
Difference between Procurement and Global Sourcing
It is easy to mistake procurement as a synonym for sourcing, since they think both mean getting supplies for your...