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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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Climate Change will Drive Manufacturing Innovation

QAD

Manufacturing isn’t exempt from this pressure. Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. The manufacturing industry has adopted “Lean” techniques enthusiastically. Lean is about driving out waste from every aspect of manufacturing.

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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. For this blog post, never mind the comparison. When he speaks of the supply chain, he means procurement. Let’s not quibble on the percentages. The trend is clear.

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The Unleashed Manufacturing Health Index: Signs of Recovery as 2023 Closes

Unleashed

New manufacturing data reveals the small to medium manufacturing sector remains in recovery mode, with global performance largely mapping to local economic conditions. New Zealand manufacturing, meanwhile, is at an historic inflection point, with stagnant performance in multiple sectors.

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How To Jump

Supply Chain Shaman

Can we build collaborative platforms for role-based discussions across commercial (sales and marketing) and operations (manufacturing, logistics, and purchasing) teams? MRO Additive Manufacturing Not Forecastable Machine sensing to improve proactivity. Maximize Customer Service Agile 6. in inventory value.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

I know that your primary focus is procurement. Is a comparison of COV of channel demand versus orders sufficient? Or a similar comparison of customer orders or planned orders? Or planned orders to purchase orders?) Go to the source. ” Anna, this blog post is for you. And how do we measure it? (Is

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5, The August 2022 J.P.