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Which “Should Cost” ProcureTech Solution provider is the best in these three key areas?

Procurement Insights

6 Coupa Software 2006 Founded in 2006, a relatively younger leader in spend management. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supply chain analytics.

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Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. Backloading: Optimizing vehicle utilization through backhauling is key to logistical efficiency. Initiatives like Tesco’s Supplier Collection and Onward Supply Schemes demonstrate significant fuel savings.

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Lean Six Sigma for SMEs: A Path to Continuous Improvement

SCMDOJO

While Lean focuses on eliminating waste and optimizing processes to achieve seamless workflow, Six Sigma targets reducing variation and improving quality through data-driven analysis and statistical tools. – JIT deliveries cause congestion in the supply chain which leads to delays, pollution, shortage of workers, etc.

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The Journey of Enterprise Resource Planning (ERP) in Manufacturing

Jaggaer

ERP expanded on MRP, first by improving manufacturing-related functions such as quality control, supplier collaboration, production planning, and scheduling, and providing real-time data access for analysis (though typically, this required business intelligence add-ons). Acquisitions such as SuccessFactors were already cloud-native.

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Zip Forward 2024: Forging paths to sustainable success

Spend Matters

TPRM is a huge opportunity right now, as document-centric approaches die when they reach the scale needed to perform supplier management (i.e., management of risk, compliance, performance, onboarding speed and supplier collaboration that respects/accommodiates supplier requirements) with fine-grained operating models.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration? The acquisition proved to be mutually beneficial for both companies.

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A guide to efficient Oracle implementation

IBM Supply Chain Blog

The platform has been used to modernize and unify the information technology (IT) ecosystem of major financial firms, simplify human capital management (HCM) across brands’ subsidiaries, and optimize reporting processes in complex healthcare settings. Which Oracle modules will my organization adopt?