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7 Essential Procurement Processes & How They Work

Unleashed

The procurement processes you implement directly impact how efficiently the business operates. Conversely, the consequences can be disastrous if procurement lacks the right structure or planning. What is a procurement process? Strategy is extremely important in the procurement process. Let’s dive right in.

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Learning to Speak the Language of Demand

Supply Chain Shaman

<In fact, so much so that I wrote a book about it.> > Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve. For the purchase of Tide at Walmart to translate to an order at P&G, the time is 5-7 days.

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6 Manufacturing Trends to Watch Out for in 2016

GlobalTranz

As we close the year of 2015, we want to take a look at some manufacturing trends for 2016. We look at 6 core areas that manufacturing companies will take a long look at as they gear up for a successful 2016. E-Commerce for Manufacturing. Manufacturers will seek custom (or specifically tailored) e-commerce solutions.

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The Supply Chain Digital Transformation Journey: Making Inter-Business Collaboration Better

Talking Logistics

Finally, some leading DSNs provide email as a simple onboarding method to digitize an inter-business process without requiring supply chain partners to have any integration software. Logistics Booking Requests and their confirmations. Sales growth of 3 percent. Shipment Notices and associated updates. Goods Receipts confirmations.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. They do not relate to any overall company procurement goals and objectives.

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Interviewing the Innovators: Kegan Fisher, CEO of SOLS on the rise of on-demand, mass customised manufacturing.

Supply Chain Movement

A new movement is taking place, driven by new innovators and new, disruptive technologies such as robotics and additive layer manufacturing (ALM). It enables them to produce prototypes of products quicker and print spare parts when needed, rather than having to purchase and store them in advance. million in funding.

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Essential Guide for Demand Forecasting in 2024

ThroughPut

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Historically, demand forecasting relied on simple tools and intuition, but as supply chains have become more complex and globalized, the need for sophisticated forecasting methods has grown.