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Strategic Sourcing + Smart Solutions: The Unbeatable Duo for Procurement Success

SCMDOJO

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Click here!

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Guide to Manufacturing Inventory Management Software

RFgen

That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. We’re talking real-time tracking, automated purchasing, and a whole lot less stress.

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AI-Powered Supply Chains: Building Resilience in a Complicated World

Supply Chain Brain

These tools empower users to enhance teamwork between humans and machines. For example, a dispatcher is responsible for purchasing components for pre-production and stocking of two new products. AI-driven tools will be used to more quickly and accurately search documents and databases. billion in 2023 to $63.77

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Achieving Digital Battery Passport Interoperability With Emerging Passports and Regulations

Arena Solutions

A digital passport electronically enables consumers, businesses, and governments to make responsible purchasing decisions about a products origin, materials, components, carbon footprint, supply chain, and much more. ESG Score for Batteries: Facilitates responsible consumer purchasing based on reported data.

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From Reactive to Proactive: How Arena Supply Chain Intelligence Tackles Component Risk

Arena Solutions

Although we’re years removed from the COVID-19 pandemic, sourcing electronic components remains a struggle. I ensure alignment across these teams to build the right innovation roadmap, present Arena’s offerings effectively, and craft messaging that resonates with our audience. Arena SCI is a fully productized solution.

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A Deep Dive into AI in Manufacturing: Strategies, Benefits, and Use Cases

Jaggaer

As a leading vendor of procurement technology and solutions to manufacturing companies around the world, JAGGAER is witness to these changes as they happen, and even before they happen. Electronics manufacturers use cobots for precise component placement in circuit board assembly, improving both speed and accuracy.

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Single Source vs. Sole Source: What Is the Difference?

Precoro

For example, you might choose one electronics manufacturer to supply all your circuit boards, even if five others could do it too. While both procurement strategies have their uses, don’t spend precious time debating single source vs. sole source. Examples of single-source procurement What is sole sourcing? The reason?