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5 Types of Supply Chain Strategies

Una

5 Types of Supply Chain Strategies for Every Sourcing Hero Explore the superpowers offered by various types of supply chain strategies that businesses can adopt to meet their objectives. Supply Chain Strategies The same can be said for the similar amount of diversity found in the world of supply chain management.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Supply Base Optimization: 6 Steps to Ensure Success

Procurify

As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most businesses spend 80 percent of their cost of goods sold (COGS) with just 20 percent of their suppliers. . Current inventory.

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

It can help organisations reduce costs, optimise supplier relationships and increase compliance. It also provides real-time data and analytics that can be used to improve purchasing decisions. It can also provide real-time data and analytics. What technologies power digital procurement tools?