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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. Whether it’s due to natural disasters, supplier bankruptcy, or transportation delays, disruptions can cause significant challenges for businesses. million in 2015.

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UltraShipTMS Chosen by Leading Small Town Retailer, Stage Stores

Supply Chain Collaborator

Monday, March 2, 2015 – Fair Lawn, NJ – UltraShipTMS announces the latest addition to its growing roster of valued client companies – America’s leading small town retailer, Stage Stores. Online vendor portals will allow greater collaboration and visibility for suppliers of Stage Stores.

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Building a sustainable automotive supply chain

IBM Supply Chain Blog

For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Monitor supply to minimize production delays and reduce the time needed for critical supply chain disruption management. Optimize maintenance inventory, increase reliability, and ensure production schedules are met.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Automation versus Augmentation. IBP ENVIRONMENT.

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The Future of Analytics in Integrated Business Planning

Supply Chain Trend

In combination with Integrated Business Planning to provide visibility and manage change in model assumptions and constraints, this creates a powerful and holistic scenario and decision making capability for executives. In December 2015, TomTom launched the world’s first commercially available near real-time updated map.

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Predictive Procurement: Overcoming Challenges in Health and Pharma

Arkestro

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing Supplier Relationships.

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7 Spend Analytics Software for Mid-Market Businesses

Procurement Software

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. Their platform is particularly noted for its capabilities in spend data classification, risk and opportunity identification, and supplier data enrichment.