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What’s Your Tariff Strategy?

Supply Chain Brain

In its newest white paper, value chain optimization firm River Rock Advisors details several steps companies can take to navigate this ongoing uncertainty. These steps aren’t one-time actionable steps but rather long-term focuses that should be implemented alongside other operational and business strategies.

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Are these the Top 10 Trends affecting Pharmaceutical Supply Chains?

The Network Effect

Note: this is the final is series of posts that explored the top 10 trends affecting pharmaceutical supply chains. . Growing Demand for S&OP. If you like this topic, I suggest you download the full white paper, The Top Ten Trends Transforming the Pharmaceutical Supply Chain. Kiran Foster/Flickr.

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Digital Twinning of Supply Chains!

Supply Chain Game Changer

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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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. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

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Understanding Spend Management Perspectives: CFO, CEO, Procurement Director & Procurement Manager

NLPA (Next Level Purchasing Association)

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. We should also monitor the actual expenses against the projected spend to ensure that we are staying within our budget.”

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Business Success with Sales & Operations Planning (S&OP)

NLPA (Next Level Purchasing Association)

S & O Planning enables organizations to balance supply and demand, improve production rates, reduce lead times, and enhance customer service levels. It involves routine reviews and conflict resolutions centered on market demands and supply resources. Why Implement eS&OP?

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Procurement Strategy: Optimizing Your Path to Success

NLPA (Next Level Purchasing Association)

Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. This reduced costs and fostered supplier innovation. They achieved this through supplier collaboration (sharing data) and consolidation (negotiating with fewer suppliers).