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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

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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. A pull system is better than a push system.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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Better Visibility Drives Supply Chain Value and Innovation

Talking Logistics

As consumers continue to purchase goods at greater frequency and trade regulations become more complex, supply chain professionals are striving to establish end-to-end control of their business operations. Benefits of data visibility. Steve Williamson is Director, Solution Consulting, at BluJay Solutions.

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Best AI Tools for Supply Chain and Logistics: The Ultimate Guide for 2024

ThroughPut

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain.

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Visibility: If Only I Could See

Supply Chain Shaman

In contrast, visibility does not. The IT taxonomy for visibility is supply chain analytics. As a result, when I was a Gartner analyst and technology providers would provoke me to write a Magic Quadrant on visibility solutions, I would laugh. Why the Focus Today on Visibility?

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Gaining Supply Chain Visibility with a Three Tiered Approach to IT Innovation

RFgen

Coordinating data across the supply chain is a key component of end-to-end supply chain visibility. Information technology advances are emerging as a prominent option for businesses facing mounting pressure across their supply chain, inventory management and fulfillment services.