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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. Considering automation for operations like manufacturing, raw material sourcing, distribution, and delivery is a good idea.

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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. Furthermore, analyses of the industry, like IMS Health reports, show a change in companies’ portfolio distribution. So how should a pharmaceutical company approach supply and distribution chains?

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Staying Ahead with Advanced Analytics in Supply Chain Management

Logility

When engaged correctly, advanced analytics can help you: Optimize business decisions related to demand, inventory, production, and distribution Reduce cycle times Gain organizational visibility and increase your bottom line But integrating advanced analytics into your organization isn’t always as simple as grabbing a new piece of software.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

Walmart and Symbotic announced an agreement to implement Symbotic’s robotics and software automation platform in all 42 of Walmart’s regional distribution centers over the coming years. This builds upon a prior agreement for 20 regional DCs, some of which have already begun implementing Symbotic’s technology. Between the hours of 8:00 a.m.

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Ensuring Safe Material Handling in Warehouses

SCMDOJO

It involves the movement, storage, control, and protection of goods throughout the process of manufacturing, distribution, consumption, and disposal. OSHA’s guidelines for safe material handling are comprehensive, encompassing everything from the correct lifting techniques to ensuring safe passageways for the movement of goods.

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Supply Chain Department – A Typical Structure

SCMDOJO

Here’s why a structured approach is important: Efficiency A structured department creates a clear division of labor and defines processes for procurement, production, distribution, and returns. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution.