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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

The dynamic landscape of modern business comes with increasing product variety and volatile prices, making it more important than ever to stay competitive on the market. To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing.

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The Top 5 Skills Every Procurement Manager Needs

Precoro

According to KPMG , a global network of professional firms providing audit, tax, and advisory services, building a dedicated procurement team helps companies achieve substantial cost savings through effective vendor and category management. What are the top 5 skills every procurement manager needs? Read on to learn about them.

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Realizing the Value of Supply Chain Optimization for Tire Manufacturing

DELMIA Quintiq

The establishment of efficient global supply chains has become critical to competitiveness. From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies.

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Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Supply chain planning is not just for the big boys. That meant Myers had limited capabilities when it came to sales & operational planning (S&OP).

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The Importance of Language Skills in Supply Chain and Operations Management

SCMDOJO

The supply chain industry has been evolving rapidly since the pandemic outbreak. As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management.

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

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Role-Based Training for Procurement & Supply Chain Teams

Procurement Academy

This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more.