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What Contractors Need to Streamline Procurement in 2025

IT Supply Chain

What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.

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China Announces Export Controls on Five Critical Minerals

Exiger Perspectives

Mineral Uses Tungsten Artillery shells, armor plating, cutting tools, engine parts, airplane balancing weights. Source: Exiger Tungsten is a critical mineral in the United States for its application in various industries, including defense, aerospace, electronics, construction, metalworking, mining, and oil and gas drilling.

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AI Software for Spare Parts Inventory Management: Why You Should Care

ThroughPut

In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. Thats why a growing number of organizations are turning to AI software for spare parts inventory management.

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28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

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How Do IT Supply Chain Attacks Actually Happen?

IT Supply Chain

That means vendors, software providers, cloud platforms, even IT contractors. One example came from a small software company that provided IT tools to hospitals. Every hospital that downloaded the next software update also got infected. They went through the software vendor. But breaking into one of their vendors?

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PLM and QMS Software Vendor Reference Checks: Key Questions You Should Ask

Arena Solutions

A recent Gartner study revealed that 73% of companies that bought an enterprise system regretted their purchase 1. Software vendor reference checks can reveal how well the solution lives up to the vision marketed and sold. Yet, with the right questions, you can figure out whether the solution is the best fit for your business.

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Will Arrogance Stunt your Growth?

Supply Chain Shaman

” Or run the statement by any software provider, and they will share that their solutions delivered these “best practices.” Performance-based logistics in aerospace and defense changed the A&D industry forever. Just ask any consultant and they will quickly tout “best practices.”