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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

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

SYSPRO Smarter ERP

Detailed audit trails of all transactions provide transparency and evidence during regulatory audits and can aid in the investigation and resolution of customer complaints, aligning with FDA guidelines. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

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Putting the Supplier Experience at the Forefront of Strategic Procurement

HICX Solutions

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

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Vertical Integration in the Supply Chain: Is it on the Rise?

Logistics Bureau

Warehouses and distribution assets. Whilst the bean farms under Starbucks’ ownership are not able to meet the full raw material needs of the company, a sufficient supply is assured through solid purchase agreements with a wide range of growers. Coffee bean roasting plants. Retail outlets. Vertical Integration as a Power-play.

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Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

After a couple of quick questions about the product that she had purchased, it was obvious to me that the product itself had the right features. She commented that the error seemed to be in the way that the software was implemented, and not in the base capability of the software. Plan an Efficient Layout for the Warehouse.

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50 expert tips on supply chain management

6 River Systems

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. “Business leaders should also look at how new tools and technologies can provide greater intelligence.

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I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

retailer Walmart and Tsinghua University announced a joint effort to track the movement of food products in China using blockchain technology to improve food safety in the world’s second-largest economy”; and just last month, Mahindra and IBM announced they are developing a blockchain solution for supply chain finance. Tompkins said.