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What is Supply Chain Management? Importance & Benefits

QAD

Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. Working proficiently relies on moving parts, but the bottom line is simple: meeting customer demand. Create memorable moments, from purchase to delivery.

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Spend Analysis: Best Practices

Precoro

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

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Lights out: China’s energy woes hamper supply chains

Resilinc

Reuters reported that several suppliers to Tesla and Apple suspended production for four to six days because of the crisis. To meet the surging demand, including early holiday purchases, China’s exports to the U.S. These advantages should be weighed against the costs and risks of reshoring or nearshoring moves.

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Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

Since graduating from the NC State Jenkins MBA program in 2006, Joydeep Ganguly has risen through the ranks at Biogen Idec – the world’s oldest independent biotechnology company and the largest biotech employer in North Carolina. I love data and analytics that create insights into processes and approaches.”

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How Ridgeline Discovery Reduced Invoice Processing Time by 90% in a Month

Precoro

This rapidly growing organization creates, operates, and builds new biotech companies with its team of more than 50 highly experienced drug discovery professionals. Thanks to Andrew and Isabel, we gathered valuable information on how procurement automation can improve purchasing workflow and employee productivity. Why Precoro?