Deselect Platform Choice
 
Australia
Belgium
China
France
Germany
Greece
India
Ireland
Italy
Kuwait
Luxembourg
Netherlands
New Zealand
Portugal
Spain
Sweden
Switzerland
United Arab Emirates
United Kingdom
United States
  News | Associations | Education | Job | Agenda | Topics | Insight | Resources
 
SCM Portal
Demand & Supply Chain Management
Evolution

United States  
eng  


AXIT Study: Cloud Usage supports Digitalization in Logistics


Supply chain management is the biggest driver of this development Cloud computing is being used in logistics more and more. This is the result of a comparative study which was conducted by the Frankenthal-based I...



 

Glossary > F > Forward Commitment Procurement  

 

Forward Commitment Procurement


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Forward commitment procurement is an approach to ‘market making’ in which potential buyers of solutions that are not currently available on the market commit that, should solutions be developed which meet defined standards in terms of performance and price, they will buy the solutions.  As an example, the public sector can stimulate innovation in sustainable solutions by committing to purchase solutions that meet defined requirements.  Suppliers who might otherwise be reluctant to invest in the absence of clear market demand may enter the market and meet the latent demand.  See also Market Failure and Market Maker.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





FLORIM CERAMICHE SPA: On the road to Industry 4.0: advanced planning & finite capacity scheduling


Florim Ceramiche SpA has been worldly recognised as a leader in ceramics industry for more than 50 years, thanks to its committment to research, innovation and social responsibility. Florim business style can be summa...