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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

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Supply Chain Department – A Typical Structure

SCMDOJO

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

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How to Measure and Warehouse KPIs to Improve Performance

ShipBob

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? In this article, learn how to track warehouse performance by monitoring the right KPIs.

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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

Detailed audit trails of all transactions provide transparency and evidence during regulatory audits and can aid in the investigation and resolution of customer complaints, aligning with FDA guidelines. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

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The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

HLL is acting as a nodal agency of Union Health and Family Welfare Ministry in the procurement and distribution of medicines and medical equipment. WHO & UNICEF have been working constantly to procure supplies and equipment including 7000 oxygen concentrators, Covid -19 testing machines, 500 nasal devices and PPE kits.

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Putting the Supplier Experience at the Forefront of Strategic Procurement

HICX Solutions

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

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The Bill of Materials (BOM) Beginners Guide!

Supply Chain Game Changer

Procurement method – you will need to detail how you procure each part in the production process. Providing the procurement method will allow you to plan your requirements and workflows for the production process more efficiently. This figure could be in feet, inches, ounces, and drops. Advantages Of Creating A BOM.