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The Importance of Supply Chain Collaboration

The Good Spending

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.

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Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

Time is really important in business. In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes.

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316: Plug In and Go Faster, with TraceGains

Let's Talk Supply Chain

As a global technology company, they provide networked innovation, quality, and compliance solutions to consumer brands that want to reduce supply chain risk, innovate faster, speed up business processes, and take control of data. IN THIS EPISODE WE DISCUSS: [06.31] Gary’s background and how, and why, it led him to founding TraceGains.

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PMI’s approach to collaborating cross-functionally to transform its new product strategy

Procurement Leaders

With the company rapidly becoming a leader in smoke-free products, including heated tobacco devices and e-cigarettes, it successfully built a supply base in the highly competitive electronic devices market. The EPDC has been growing at a rapid rate as has the importance of the smoke-free market it serves.

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5 Things Startups Must Know Before Launching a Minimum Viable Product (MVP)!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Minimum Viable Product article and permission to publish here provided by Julia Beyers. The more important question is why some of them actually succeed. Define Minimum Viable Product (MVP) Goals.

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Elements of a Diversified Procurement Strategy

Una

Stakeholder education is also important to help people understand why they should comply. Implementing a Just-in-Time supply chain keeps your warehousing lean and at just the right level to meet demand. Create an approved purchasing system or require all purchases be made from a catalog to curb rogue spending.