Remove Manufacturing Remove Metrics Remove Pricing Training Remove Sourcing
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Top 5 KPIs for Purchasing Managers

Precoro

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

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What is Sourcing? Definition, Strategy, & Difference Between Procurement and Sourcing

ShipBob

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

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When The Wheels Fall Off

Supply Chain Shaman

I rode across a train track and cracked the frame of the car. There is no true end-to-end solution that enables bi-directional orchestration across deliver, make, and source processes. The optimization routines single thread through functions not enabling trade-offs across source, make, and deliver. Why Should You Care?

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What is Procurement? Process, Strategies, Software

Unleashed

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. Procurement is the process of sourcing suppliers , negotiating sales terms, and purchasing the goods a company needs to run its daily operations.

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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

While I believe that the explosion of the number of planners and the lack of a clear definition of the planner role is problematic, we are far from being able to implement a process that is not dependent on the trained planner. The problem is the lack of trained planners.) Real-time Planning. The reason is simple.

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What is Enterprise Resource Planning (ERP)?

ThroughPut

ERP systems allow data to flow into the centralized database across the organization, and thus eliminate data duplication and provide data integrity with a “single source of truth.” This provides a single source of truth and enables better coordination and communication across the supply chain.

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. There will still be a workforce needed to maintain those driverless vehicles or costs associated with maintenance done by the manufacturer or a 3rd party. Curiouser and Curiouser. In a word, it’s data. Perhaps you’re overpaying.