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Building an Efficient Company From Top to Bottom

SCMDOJO

You inherit a lot of the risk when you are a key decision-maker, so your best bet is to figure out the most efficient use of resources. Efficiency should be an objective in every area of the company from top to bottom. Here are a few strategies to make your company more efficient as a whole.

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Strategic Procurement — Everything You Should Know

Procurement Tactics

Category Management Category management sorts your spending into areas with the same supplier markets. Supplier Management Supplier management involves the handling of relationships between suppliers and the company. It can also help you with contract management and compliance processes.

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MRO spare parts optimization

IBM Supply Chain Blog

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Over time, inventory managers have tested different approaches to determine the best fit for their organizations. What’s at stake? Now, consider the just-in-case approach.