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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

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Supply Chain Metrics - Gaining Visibility in a Data-rich World

Logility

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

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Analytics and S&OP: What is Analytics, and how to spot Buzzwords

Arkieva

To learn more, please read my previous blog ‘ A Guide to Supply Chain Management: Making Intuition More Valuable ’. Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics?

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7 KPIs Your Procurement Team May Be Ignoring!

Supply Chain Game Changer

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

Two Foxconn Technology workers died in 2016 in work-related incidents at the company’s Zhengzhou, China plant, which produces Apple iPhones. Consumers are increasingly expressing interest in ethical sourcing and environmental impacts related to the products they purchase. Counting the Cost of Ignorance appeared first on QAD Blog.

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sust[AI]nability

Enterra Insights

It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. Everything from procurement, to production, to logistics can be improved using artificial intelligence. Why sustainability is important. ”[6]. Footnotes. [1]

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Dynamic Warehousing Quarterly Pricing Report

FLEXE

This is the first report in a quarterly series that will highlight trends and insights in the dynamic warehousing market. to establish benchmarks for future reports and analyses. Dynamic warehousing is a relatively new business model that’s been gradually taking hold in the supply chain and logistics industries over the last.