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How Can You Improve Value in Your Supply Chain?

Supply Chain Shaman

For example, if I improve the cost structure in transportation, procurement, manufacturing and sales independently, what decision support framework decides the right trade-offs? The data outcome is open source and can be used to improve project outcomes. You are right. This work was expensive. How Do You Drive Value?

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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.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Note the lack of training on next-generation supply chain thinking in Figure 1. Kinaxis Purchase of Rubikloud.

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Mastering the art of Supplier Negotiation: Tips and Techniques

SCMDOJO

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. The following are common types of negotiation in procurement: 1.

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How Digital Tools Transform Cost Estimation in Procurement

SCMDOJO

Picture yourself at your local hardware store comparing two paint cans that appear completely identical, yet they have completely different price tags. Before digital tools entered the scene, thats almost exactly what procurement used to feel like. Manufacturing: Underestimating the needs of a project can disrupt production timelines.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

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Choosing the Right ERP System for Manufacturing: Key Features to Consider

Jaggaer

Choosing the Right ERP System for Manufacturing: Key Features to Consider Enterprise Resource Planning (ERP) is a cornerstone of modern manufacturing, bringing together core business functions to improve operational efficiency. Quality Control – Manufacturers must ensure that every product meets industry and customer standards.