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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 in 2015.

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Who Did “AI Pick” As The Best Solution Provider For LCBO?

Procurement Insights

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Supply Chain Visibility and Risk Management 3. Cost Management and Efficiency Optimization 5.

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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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Leverage the Power of Spend Analysis

NLPA (Next Level Purchasing Association)

In today’s competitive business landscape, procurement professionals constantly seek ways to optimize costs and maximize value. Only 6% of companies report full visibility on their supply chain , while 69% do not have total visibility.

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How Last Mile Delivery Affects the Supply Chain

The Network Effect

Principal, Supply Chain Technology, Tompkins International. The convergence of supply chain execution systems is a goal that many enterprises have yet to achieve. Synchronization of information across systems provides the visibility that can help enable world class customer service. Route Planning and Optimization.

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Collaboration in a shelf-connected supply network

The Network Effect

The basic definition of a supply “network” implies collaboration versus a supply chain which of course is serial in nature. Network participants collaborate and plan in real time, eliminating latency related to both information flows as well as order lead times.

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Finance and Procurement: How to Become Natural Allies

Procurement Software

Operations and accounting are three disparate parts of organizations that are simply not equipped to efficiently share information and work together so that individual expenses are optimally managed. This will likely be the subject of a white paper at some point in the future! This was also something highlighted by Mathew.