Remove Examples Remove Metrics Remove Sourcing Remove Supply Chain Visibility
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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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eCommerce Automation: Solutions, Benefits, & Examples

Unleashed

This article explores the basics, before diving into common challenges and examples. Data can be collected and shared between systems to improve supply chain visibility and strengthen vendor relationships. eCommerce automation examples eCommerce automation can be found everywhere in a business’s operations.

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Supply Chain Visibility: A Precursor to Insight and Optimization

Talking Logistics

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Identify shortage and quality problems along the supply chain.

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3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Read more. . Read More. . Read More. . Read More. .

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point. MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain.

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Let me give you example. Reward teams for cross-functional metrics.

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Side-step Oxymorons to Make Progress in Planning

Supply Chain Shaman

For example, real-time planning, end-to-end planning, control tower, integrated business planning (IBP), and digital brain are oxymorons while discussions on innovation bounded by a required ROI is a juxtaposition. .” Current planning taxonomies do not plan across make, source, and deliver answers bi-directionally.