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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. In this blog, we cover the key differences between procurement and supply chain management, and explain where the biggest disconnects typically occur.

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Types of Supply Chain Reports: Definition and Benefits

SCMDOJO

Supply chain reports offer a comprehensive view of your entire supply chain operation. What are Supply Chain Reports? Moreover, i dentifying and mitigating potential risks associated with supplier performance, such as disruptions to the supply chain or quality issues.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

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Intake & Orchestration in Procurement – Cutting Through the Jargon

Jaggaer

Intake AI refers to the use of artificial intelligence to capture, understand, and classify incoming requests or needs, whether from users, systems, or documents. These could be service requests, inquiries, demand planning, or purchase needs. On the demand side, there is pressure to do more with less.

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Leveraging Lean Procurement

Una

Leveraging Lean Procurement. What is lean procurement? Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Applying the principles of the lean work methodology to procurement. Create strategic focus.

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7 Strategies to Improve Your Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management.

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The Future of EDI for Supply Chains

Let's Talk Supply Chain

As supply chains continue to evolve and become more complex, the need for efficient and reliable data exchange becomes even more important. Standards such as X12 and EDIFACT were introduced to help define the specifics of each type of document companies might want to exchange (ie Purchase Orders, Shipping Notices, Invoices, etc).