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Procurement and Purchasing: Two Sides of the Same Coin?

Posted on June 6, 2025

If you’ve spent any time in supply chain management, especially in industries like mining, drilling, or manufacturing, you’ve probably heard the terms “procurement” and “purchasing” used interchangeably. On the surface, they might…

Inventory Common Methods in Mining Companies

Posted on June 6, 2025

In the mining industry, effective inventory management is crucial to ensure smooth operations and to avoid unnecessary costs. Unlike other industries, mining companies deal with unique challenges such as remote locations, fluctuating…

8 Simple Methods How to Track Inventory

Posted on June 6, 2025

Tracking inventory is essential for any business to ensure efficient operations and maximize profitability. Whether you run a small retail store or a large warehouse, having a comprehensive inventory tracking system in…

Solving Excess Stock Challenges in the Mining Industry

Posted on June 6, 2025

Managing inventory in a mining company can be a complex challenge, especially when dealing with excess stock. Excess stock not only ties up valuable financial resources but also occupies critical warehouse space,…

Procurement 360°: A Step-by-Step Guide for Beginners

Posted on June 6, 2025

When stepping into the world of procurement, it can often feel overwhelming. With so many moving parts—sourcing, budgeting, negotiations, compliance, logistics—where do you even begin? If you’re just starting out as a…

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