Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

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IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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Procurement Tactics

AUGUST 15, 2022

Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . What is Supply Chain Planning?

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SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

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ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

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SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

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Supply Chain Trend

MARCH 20, 2024

In the fast-paced world of supply chain management, the ability to make timely and informed decisions can spell the difference between success and failure. Traditionally, these meetings involve a diverse group of professionals from different functions, each bringing their insights and plans to the table.

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SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Supply Chain Game Changer

NOVEMBER 3, 2022

Subscribe to Supply Chain Game Changer. Thoughts on Future Challenges and the Strategic Direction of Supply Chain! Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers.

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SCMDOJO

SEPTEMBER 19, 2024

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

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Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. That is to say, there isn’t one single career in supply chain management. That is to say, there isn’t one single career in supply chain management.

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SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

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The Good Spending

AUGUST 16, 2022

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

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Supply Chain Collaborator

MAY 23, 2019

If you’re not pursuing supply chain digitization, you run the risk of being left behind! For many organizations, all the data created by today’s disparate supply chain management technologies exist in separate silos. Worse, you risk falling behind your competitors who are already taking these steps now!

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Supply Chain Collaborator

JUNE 4, 2019

The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Understand the terms and ideas being put forward by the early adopters of the amazing new digital supply chain technologies being harnessed by today’s leading practitioners. .

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Finale Inventory

JULY 26, 2024

In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth.

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SCMDOJO

DECEMBER 14, 2023

Comprehensive Services: Offers a broader range of services, including market research, logistics coordination, and risk mitigation. This crucial step forms the foundation for a tailored and efficient sourcing process. Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control.

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Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

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EazyStock

JANUARY 17, 2022

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. Supply Chain Digitalization.

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Supply Chain Game Changer

AUGUST 26, 2021

Subscribe to 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. would demand its implementation. And the limitations in supply chain visibility seem to start right here.

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Finale Inventory

SEPTEMBER 17, 2024

The Importance of Efficient Inventory Management Efficient inventory management is the foundation of a successful ecommerce operation. It ensures that businesses have the right products at the right time, improving efficiency and lowering costs. Risk management is also an important part of inventory management.

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Supply Chain Game Changer

SEPTEMBER 2, 2021

Subscribe to Supply Chain Game Changer. Companies were forced to adapt to a radically different working environment on the fly – changing to remote work, navigating a host of supply chain disruptions , working to secure PPE for front-line workers, among many other immense challenges. Subscribe Here! Email Address.

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SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

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Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

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Supply Chain Game Changer

MARCH 23, 2021

Subscribe to Supply Chain Game Changer. Is Your Supply Chain A Cost Centre or a Value Creator? Supply Chain responsibilities are vast in any organization. This can be analogous to the work done in Supply Chain. So let’s explore the Supply Chain Workload iceberg!

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World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk.

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Finale Inventory

JULY 22, 2024

This comprehensive guide will help you understand the basics of logistics management, uncover the key components involved, and recognize the impact of efficient logistics management on your ecommerce operations. It supports the entire process of fulfilling orders and delivering them to customers efficiently and on time.

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Procurement Heads

AUGUST 11, 2022

When did your interest in procurement and supply chain begin? How did you engineer your career path to the point you are now at as Head of Supply Chain? After 15 years in procurement, I decided to broaden my expertise so that I embraced the opportunity to step into a supply chain leadership role.

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Finale Inventory

JULY 22, 2024

Instead of waiting for orders to start manufacturing, companies produce goods in advance, anticipating customer demand. This approach allows quick order responsiveness and reduces the risk of stockouts, particularly during peak seasons or unexpected demand spikes. Seasonal demand fluctuations also affect MTS strategies.

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Finale Inventory

SEPTEMBER 17, 2024

Managing inventory efficiently helps you optimize your stock levels and ensures you don’t run out of popular items or waste money on excess inventory. In ecommerce, where quick and efficient order fulfillment is expected, good inventory management is even more important.

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Una

AUGUST 2, 2022

Benefits include cost savings, risk reduction, efficiency gains, transparency, agility, customer satisfaction, employee engagement, and much more. Not afraid to take a risk, they benefit from first-mover advantage if successful. Benefits of Cloud-Based Supply Chain Management. Self-service. Related Posts.

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Finale Inventory

AUGUST 8, 2024

By smartly allocating stock at different levels of the supply chain, MEIO ensures the right products are available at the right time, in the right quantities, and in the right locations. By considering both upstream and downstream factors, MEIO enables organizations to optimize their inventory levels throughout the supply chain.

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Finale Inventory

JULY 11, 2024

Understanding the Role of Product Barcodes in Ecommerce In ecommerce, product barcodes play an important role in ensuring efficient inventory management. They provide a unique identification for each product, simplifying tracking of stock levels, managing sales, and optimizing the entire supply chain process.

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EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

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EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Tips for inventory planning during Black Friday. Analyze sales and make accurate demand tests. Keep track of lead times and increase visibility in the supply chain.

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EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Tips for inventory planning during Black Friday. Analyze sales and make accurate demand tests. Keep track of lead times and increase visibility in the supply chain.

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