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Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is Procurement Management?

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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.

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5 Retail Strategies for Supermarkets for AI-Driven Demand Forecasting and Replenishment Planning

ThroughPut

Demand-driven replenishment and fulfillment can help retail planners manage large SKUs, determining each sales location and its optimal inventory targets. Data-driven forecasting builds accurate information pipelines based on patterns of purchase and forecasts of global trends. 5 Benefits of Efficient Order Replenishment.

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

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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. The answer is simple: spend analysis.

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Release Your AP Team with Invoice-to-Pay

ivalua

All too often, Invoice-to-Pay is seen as an isolated process, sitting on its own at the end of a procurement journey. Therefore, by using the supplier’s desire for payment, and good quality data, top performing organizations can achieve high levels of straight-through-processing and automation. .

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Meet Demands For Supermarkets With AI-Driven Demand Forecasting

ThroughPut

Data-driven forecasting builds accurate information pipelines based on patterns of purchase and forecasts of global trends. These pipelines feed data to every level of the supply chain, thus enabling supply to be specially curated for the demand. Data-driven demand forecasting for the win. Optimized Resource Management