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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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Tesla to Trim Ten Percent of Global Operational Workforce

Supply Chain Matters

In what is being described as a shakeup, global EV auto maker Tesla has announced a ten percent global operational workforce reduction along with the departure of two other senior executives. He pointed to job cuts as necessary to reduce costs and increased productivity. All rights reserved.

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Supply Chain Services Headcount Reductions Continue

Supply Chain Matters

Supply Chain Matters highlights added reports of headcount reductions occurring across various supply chain industry services sectors. According to today’s reporting by The Wall Street Journal (Paid Subscription), the cuts will be primarily targeted at management staff along with contract workers.

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5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction? There are many financial benefits to introducing stock reduction strategies – in particular focusing on your excess and obsolete items.

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Demand Shaping Strategies for a More Profitable Supply Chain

ToolsGroup

Demand shaping is a supply chain strategy that utilizes tactics such as price and promotion incentives, product substitutions and cost modifications to entice customers to purchase specific items. Lower prices to increase demand. The answer is, both yes and no. What Is Demand Shaping? This ‘oldie but goodie’ still works.

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The Importance of a Strong Supply Chain and Logistics Strategy!

Supply Chain Game Changer

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Smart logistics strategies can reduce wastage and improve operational costs. Subscribe Here! Email Address.