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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

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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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Coupa, Ariba) Data analytics tools (e.g., Engage in Scenario Planning: Simulate different supply chain disruptions to prepare for real-world events. Attend Industry Events: Stay updated on trends by attending procurement expos, webinars, and conferences. SAP, Oracle) Procurement software (e.g.,

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

These platforms enable learners to engage in collaborative projects that mimic real-world supply chain challenges. For instance, students might be tasked with developing a logistics plan that involves coordinating with multiple stakeholders to ensure the timely delivery of goods.

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Top 10 Supply Chain YouTube Channels to Subscribe

SCMDOJO

The highly revered “Supply Chain Secrets” is hosted by Rob O’Byrne, who has been in the Supply Chain and Logistics industry since he was 15. This supply chain YouTube channel covers Supply Chain and Logistics topics with a passion running over 40+ years of industry experience. .

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Can Coupa (and its procurement suite peers) manage supply as well as spend?

Spend Matters

But can they transcend the business spend management sphere and really go beyond indirect spend management support into the realm of supply [chain] management beyond some of the “basics” (e.g., communicating direct POs to suppliers or running basic sourcing events for direct materials)? Can they optimize purchased inventory?

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

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. Analytics also help you better evaluate potential suppliers, pinpoint cost-saving opportunities, and strengthen future sourcing strategies.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Logistics and Transportation: Logistics and transportation play a crucial role in ensuring the smooth flow of goods from suppliers to customers. Transportation and Logistics: Managing transportation logistics, especially in global supply chains, can be complex and costly.