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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. Direct procurement focuses on production-critical materials and suppliers, directly impacting margin and operational resilience. Find Out More What Is Procurement?

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Responding to “Tariff Man”: Beyond the Rhetoric

Jaggaer

They focused on digital transformation, centralizing digital solutions and resources, increasing transparency across the supply chain, digitalizing source-to-pay processes, recruiting top talent, reevaluating sourcing strategies, tackling ESG challenges, and improving supplier relationships.

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A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! Everyone involved in these Supply Chains is abiding by the social distancing and protective mandates we all are adhering to. Subscribe Here! Email Address.

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Supply Chain Department – A Typical Structure

SCMDOJO

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

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Bill of Materials and Wholesale Distribution: How do they fit?

EazyStock

What is a Bill of Materials (BOM)? A bill of materials , as known as BOM or Bill of Material, is similar to a recipe in that it contains a list of components required to build a certain product. The Importance of Having Bill of Materials Processes. BOM and Inventory Optimization.

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Ivalua Launches Pre-Packaged Solutions for Manufacturers

ivalua

Best practice supply chain & procurement capabilities now available for rapid deployment to manufacturers. The new packages span the full source-to-pay process for all spend categories including direct materials, MRO, assets and tooling and indirect goods and services.

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Multi-echelon Inventory Optimization and Lean/Six Sigma

Supply Chain Action Blog

The Emerging Role of Optimization in Business Decisions. Optimization was sometimes considered a subject best left to impractical theorists, sequestered in small cubicles deep in the bowels of the building to which few paths led and from which there were no paths out. Optimization helps decision-makers do just that.