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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

As a result, organizations struggle with how to move forward. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business.

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Biggest Challenges Being Faced In Procurement Today

CormSquare

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. Cost Reduction. Unsurprisingly, number one on the list is Cost Reduction.

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How to Create Collaborative Innovation with Suppliers!

Supply Chain Game Changer

But, unlocking collaborative supplier innovation requires clearly defined strategies and operations by a sourcing, procurement and/or purchasing team to ensure that suppliers’ competencies are being leveraged to their fullest potential. Supplier bases are a great source of potential innovation. Define Goals and Values.

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Life Sciences and the Journey to Supply Chain Resilience: A Q&A with Craig Fix

Resilinc

Do you currently work primarily with Life Sciences clients at Resilinc? I have nearly 30 years of experience as a global procurement and supply chain leader in High-Tech and Life Sciences. Of those alerts, 60% typically had some kind of impact reported by a supplier. How is the Life Sciences industry different post-COVID?

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Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

Meanwhile, the Red Sox won the World Series in 2013, going from worst to first in one year — and then back to worst in 2014. How are companies using SCONs in the real world? BASF’s goals included: Automating the end-to-end Purchase-to-Pay process from purchase requisition to invoice. Fast and effective roll out.

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Throwing Down the Gauntlet

Supply Chain Shaman

How value chain activities are carried out determines costs and affects profits.” ” Institute for Manufacturing, 2013. __. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. E2open last week announced the purchase of Serus.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

Digital transformation is delivering benefits to many of the world’s leading fashion companies, especially in Italy, where roughly half of the leading fashion concerns have implemented JAGGAER solutions. For these and many other reasons, the role of purchasing and supplier management is highly strategic in the fashion industry.