article thumbnail

How to build a successful product development strategy

IBM Supply Chain Blog

To remain competitive in today’s relentlessly paced and ever-expanding marketplace, companies must think carefully about what products they’re developing and how they’re developing them, continuously iterating their processes to maintain a competitive edge. These seven stages of product development are: 1.

article thumbnail

Supplier Collaboration Software — What You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

It includes everything from product development and strategic decision-making to information systems and new technologies. Access the Food Trust ebook Building strong partnerships Strong relationships are a key part of any business strategy.

article thumbnail

Top 10 Procurement Best Practices for Modern Businesses

Empowering CPO

Overview of procurement best practices There are numerous procurement best practices that businesses can adopt to stay ahead of the curve and maximize value from their procurement processes. These practices range from embracing digital transformation to fostering a culture of collaboration and innovation.

article thumbnail

Operational Planning: A Guide to Improve Business Efficiency & Success

Pipefy

Optimize and manage any type of workflow and business process with Workflow Management: The Crash Course Download free guide The operational planning process describes a company’s responsibilities based on a timeline that matches its typical organizational speed. Another example would be a brand that wants to introduce a new product.

article thumbnail

Why Do Companies Still Not Have a Chief Supply Chain Officer?

Supply Chain Game Changer

At Argentus, we’ve long written about how crucial Supply Chain leadership is to business strategy. They diversify supplier bases to reduce risk, provide massive cost savings, allow companies to quickly offer new products, and find sources of innovation through closer supplier collaboration.