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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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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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Procurement Strategy: Optimizing Your Path to Success

NLPA (Next Level Purchasing Association)

In today’s competitive landscape, getting the best price isn’t enough. Step 3: Develop Sourcing Strategies : Consider different sourcing strategies, like single-sourcing (reliable supplier, high volume) vs. multi-sourcing (competitive pricing, risk mitigation). This reduced costs and fostered supplier innovation.

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The Complete Guide to Project Management Software and Productivity Tips!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. These activities always require a balance between certain elements: purpose, time, price, and quality. ”. The price for Hubstaff jobs starts at $ 5 per user per month. Value for $: What is the appropriate price for the features, capabilities, and use case? Subscribe Here!

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A B2B Question from the Floor (that Almost Knocked Me to the Floor)

The Network Effect

I was speaking at a large conference about the major impacts of globalization, technology, and supply chain on commerce. But with the power of the internet and the large number of manufacturing companies selling online, today’s B2B customer is shopping online for prices.

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What CPOs Need to Know About Predictive Procurement Orchestration

Arkestro

Yet challenges like the COVID-19 pandemic, global supply chain disruptions, and the economic downturn have all limited and slowed down the next phase in procurement transformation. As an increasing number of companies prioritize cost containment, the pressure is on for procurement.

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An Indirect Path to Manufacturing Savings and Cost Reduction?

Jaggaer

Whether your organization is purchasing raw steel, injection molded plastics, or fully finished office supplies and IT equipment, a st reamlined P2P system can be a game changer. By optimizing the areas where you spend the most, your compan y and organization can drive significant savings in your supply chain.