article thumbnail

Scotland Import and Export Statistics 2023

Procurement Tactics

The Scottish Government documented the following facts and figures: 1. Additionally, it focuses on supporting innovation and productivity, developing skills and talent, and promoting feasible and responsible business practices. Scotland’s top agricultural exports: Scotch Whisky – £4.7

Export 192
article thumbnail

Generative AI use cases for the enterprise

IBM Supply Chain Blog

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Streamline workflows with personalized content creation, tailored product descriptions and market-ready copy.

Data 118
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Greatest Purchasing Books Ever Written

Supply Chain Opz

Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation. Modern purchasing executives take part in value creating initiatives such as performance improve program, cost reduction program and new product development program.

article thumbnail

Spend Management — The Ultimate Guide of 2023

Procurement Tactics

Spend management usually includes strategic procurement processes such as category management, supplier management, inventory management, and product development. . The procurement policy is the document that tells the responsibilities and boundaries in using the money of a company. Ultimate Supplier Plotting Checklist 2022.

article thumbnail

What is A Day in the Life of Supply Chain Manager Like?

Supply Chain Opz

For example, a supply chain manger may attend Sales and Operations meeting to resolve demand/supply imbalance, participate in New Product Development meeting or lead the team meetings for various performance improvement initiatives. Then, the volume of e-mail can be huge. So a short lunch break or "read while you eat" is quite common.

article thumbnail

Drive for Speed, Quality, and Lower Cost – AGILE & LEAN Explained

Situation Management Systems

INTRODUCTION The purpose of this paper is to provide a short explanation of the most widely adopted approaches to product development and process optimization, while touching on how they relate to each other. The scope of this document includes WATERFALL, AGILE, LEAN, SIX SIGMA, and GE-WORKOUT.

Quality 52
article thumbnail

Inventory Management vs Product Information Management (PIM)

Supply Chain Game Changer

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. The data those programs all track is connected, too. This is where an ERP comes in.