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Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

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How to Become an Agile Organization Through Digital Transformation?

Solvoyo

Organizational Agility along with Digital Transformation, Machine Learning, Big Data and Blockchain technologies was one of main trending topics for 2018 and will continue to be in the hit list for 2019 as well. Let’s start with Organizational Agility and the role of Digital Transformation in making this happen.

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Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It’s no longer about simply obtaining goods and services at the lowest cost, but also about adding value to the organization, reducing risks, enhancing sustainability, and promoting social responsibility. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

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A Guide to Successful Business Process Transformation 

Pipefy

Following recent events like the pandemic, the shift to non-office work models, and supply chain pressures, the demand for business process transformation has accelerated. This includes initiatives aimed at improving product development, customer experiences, and operational efficiency.

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The 25 Hottest US Procurement Startups

Procurement Software

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

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Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Some of the key benefits include: 1.