Remove Demand Planning Remove Purchasing Remove Real-time Visibility
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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Demand planning capabilities.

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning.

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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.

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Inventory Management — Everything You Should Know

Procurement Tactics

Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require. Inventory management is a way for companies to figure out what and how much they should order, and when to do it. Preventing stock-outs is another crucial aspect of inventory management.

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Inventory Forecasting — Everything You Should Know

Procurement Tactics

Thus, you will be able to predict your supply chain which will help you meet your customers’ demands. What is Inventory Forecasting? Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs.

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6 Critical Supply Chain KPIs!

Supply Chain Game Changer

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Customer Lead Time (Service). Inventory Turnover (Cash).

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Technology Trends in Procurement

Una

Take B2B services purchasing as an example. Fully-automated spend categorization will boost visibility, free up time, supercharge advanced analytics, and improve decision-making. Do you have questions about group purchasing? Wondering how a group purchasing organization works to save you money, time, and effort?