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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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How to Optimize Fulfillment with Unified Data

Logistics Viewpoints

The formula for OTIF is: Measuring a supply chain against OTIF metrics is a key strategy that helps decision makers attach a tangible value to the success of their fulfillment and allows them to determine key strategies. Timely information is critical, as data older than a few days can lead to costly supply chain disruptions.

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5 Key Supply Chain Technologies Needed to Go Omnichannel

GlobalTranz

More companies are actively engaging with consumers in search of the ultimate omnichannel sales experience as the strength of online sales increase, reports Supply Chain Quarterly. As a result, companies that want to go omnichannel need to begin working to deploy these standards and supply chain technologies.

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Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

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Is Seamless OmniChannel Possible? How to Avoid Supply Chain Technology Hiccups

GlobalTranz

Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true.

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5 More Transformative Supply Chain Technologies Supply Chains Will Focus on in 2018 to Move to the Next Level

GlobalTranz

Supply chain technology is a difficult, exhilarating topic to cover in detail. Supply chain managers will focus on several key supply chain technology implementations or considerations which will impact consumer spending habits, consumer-business interactions and performance measurement.

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How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it.

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