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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Infrastructure Planning Guidelines for Supply Chain!

Supply Chain Game Changer

Whether you are planning to start from scratch or looking to revamp the existing infrastructure for your business, here are some guidelines to help with your infrastructure planning. Enhancing supply chain operations is all about collaboration between various operations, including manufacturing, procurement, logistics, sales, and finance.

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The Basics of the Procurement Management

Precoro

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

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Adapting Pharmaceutical Companies’ Distribution and Supply Networks

Jaggaer

From source materials to distribution, the supply network must be carefully streamlined to produce the best results possible. For more on pharmaceutical procurement, register for our upcoming webinar. Furthermore, analyses of the industry, like IMS Health reports, show a change in companies’ portfolio distribution.

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Supply Chain Department – A Typical Structure

SCMDOJO

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

This holds true across all five key components of a medical manufacturing business: Design, Manufacture, Distribution, Maintenance, and Service. By leveraging ERP analytics, manufacturers can streamline the management of sourcing strategies for materials and make informed decisions when selecting suppliers during the purchasing cycle.

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The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

The USISPF through donations from its member companies also sourced 1,00, 000 portable oxygen concentrators for home and hospital use. HLL is acting as a nodal agency of Union Health and Family Welfare Ministry in the procurement and distribution of medicines and medical equipment.

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