Remove tag procurement activities
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5 tips to minimize retail shrinkage

Strategic Sourceror

Caused by a variety of factors that prevent stores from selling their merchandise — such as employee theft, return activity, shoplifting and more — shrinkage costs retailers a combined $94.5 You may want to consider placing more heavy-duty RFID tags on merchandise. Brought to you by the StrategicSourceror.

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Asset lifecycle management strategy: What’s the best approach for your business?

IBM Supply Chain Blog

Procurement and installation: The next stage of the asset lifecycle concerns the purchase, transportation and installation of the asset. Preventive maintenance Preventive maintenance helps prevent the unexpected failure of an asset by recommending maintenance activities according to a historical record and current performance metrics.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

It involves the active streamlining and integration of key processes across purchasing, manufacturing, warehousing, and transportation. Advanced planning and forecasting enables agility by anticipating changes and preemptively adjusting supply chain activities. Leading ERP vendors include SAP, Oracle, Infor.

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Intelligent Supply Chain Technologies for the Future!

Supply Chain Game Changer

These major shifts will likely have various implications for the procurement process. Thus, tasks such as gathering data, making reports, and data processing have become software-based activities. Besides, with the help of GPS and geo-tagging, shipments are constantly getting tracked. electronics). Hyperautomation.

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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy

As a procurement professional, you know the importance of ensuring that all materials and services delivered by vendors meet or exceed your standards for quality and performance. In this blog post, we’ll explore vendor analysis, its underlying processes and types, and best practices when implementing this critical tool in your organization.

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Construction Management Applications for Independent Contractors!

Supply Chain Game Changer

It comes with features that allow project managers to track equipment and tools used in the construction project, scan QR codes , barcodes, and RFID tags in bulk, and schedule activities such as maintenance. This is one of the best construction management applications in the market today.

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How to choose the best enterprise asset management software

IBM Supply Chain Blog

Use EAM software to keep maintenance costs down and schedule and track maintenance activities efficiently. Asset tracking: Use asset tracking technologies, such as barcodes or RFID tags, to monitor asset movement and location. Implement a structured approach to procurement, utilization, maintenance planning and retirement.