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Why You Should Conduct Internal Quality Audits

Arena Solutions

billion by 2030. However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. Quality management also plays a crucial role in product development. Why do an internal quality audit? billion to $855.62 billion in 2023. billion to $799.67

Quality 88
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A Story of Throwing the Baby Out With The Bathwater in Supply Chain Planning

Supply Chain Shaman

The focus was on margin and quality. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. In 2004, I worked with the client to help define specifications and shortlist potential solutions.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

A recent Quality Digest article suggested that “ethical supply chain management is being fueled by consumer demand, profitability, and visibility. In April 2021, food giant Hershey Food announced its “ No Deforestation Policy ” to end deforestation across its supply chain by 2030. A similar study in the U.S.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. billion operational IoT devices by 2030. Notably, social commerce entails direct buying and selling on social media platforms.

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5 Ways Technology Can Help Logistics Companies Tackle New Year Demand

Locus

Tools to virtualize processes, such as 3-D and 4-D printing, and digital twin technologies will speed up development cycles in logistics supply chains, putting more pressure on profit pools. GPS tracking of shipments and monitoring parcel conditions are also a gift of IoT and can improve quality management in supply chains.

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Automated Invoice Processing with OCR: How It Works and Why Use It

Precoro

According to market projections , the invoice processing software market is poised for significant growth in the coming years. By 2030, it is estimated to surpass USD 4.6 Automated invoice processing refers to the use of technology and software solutions to streamline the accounts payable processes.