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How Automotive Companies Are Transforming Their Supply Chains, Part 2

BlueYonder

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

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7 Tips: A Guide to Mastering Procurement

Material Handling & Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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Establishing Procurement as a Competitive Advantage

ivalua

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage. Stay Flexible.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

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Auto Supply Chain Prophets Podcast Wrap-up: Eps. 6-10

QAD

It encourages us to continue meeting with automotive industry experts about supply chain issues that resonate with so many listeners. Episode #6: Electrifying the Automotive Supply Chain. With three decades of hands-on automotive experience, Paul Eichenberg , Chief Strategist, Eichenberg Consulting, L.L.C.,

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The Manufacturers Health Check: Firms Holding Double the Stock Amidst ‘Inventory Crisis’

Unleashed

Gross Margin Return on Inventory (GMROI), a profitability metric that accounts for unsold inventory, has now dropped in all three countries as manufacturers abandon the Just In Time business model for the more costly Just In Case approach. The average price paid for goods purchased. Percentage change in GMROI, UK (Q3 2019 v Q3 2022)?.

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National Barcode Day 2022

Enterra Insights

Barcode systems help businesses and organizations track products, prices, and stock levels for centralized management in a computer software system allowing for incredible increases in productivity and efficiency. The post National Barcode Day 2022 first appeared on Enterra Solutions. .’ But in truth a barcode is so much more.