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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. Function: operation management, logistics and inventory. Cohesion is required across supply chain management to create maximum value.

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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. He posed the following scenario: You are the COO of a Biotech company tasked with designing a supply chain.

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Spend Analysis: Best Practices

Precoro

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. Spend analysis involves spend visibility , spending review , and procurement process improvement. Let's take a biotech company as an example.

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How Remilk, a Biotech Startup Achieved Financial Discipline and Full Budget Control from Day 1

Precoro

Shafran has witnessed first-hand the value of an efficient process, so she is now tasked with automating procurement at Remilk. Procurement Before Precoro Initially, Remilk didn’t have a structured approach to procurement. Current Procurement in Numbers Remilk now uses Precoro for complex procurement management.