NLPA (Next Level Purchasing Association)
MAY 8, 2023
Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.
IBM Supply Chain Blog
FEBRUARY 19, 2024
They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.
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NLPA (Next Level Purchasing Association)
DECEMBER 14, 2022
Inability to execute good Business Strategies. Flawed or outdated Technology and Equipment that limits visibility. Inefficient Logistics and Business Metrics. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps.
IBM Supply Chain Blog
JUNE 29, 2023
Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Implementing an integrated business planning approach also requires a strong technological foundation.
Planergy
SEPTEMBER 5, 2023
How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process.
Empowering CPO
JUNE 30, 2023
The advantages are multifaceted – cost savings, improved efficiency, access to expert knowledge, risk management, and the ability to focus on core business functions, to name a few. At EmpoweringCPO, we view procurement not as a separate function, but as an integral part of your business strategy.
Supply Chain Game Changer
SEPTEMBER 17, 2019
Most supply chain leaders recognize that it’s an incredibly exciting time to be working in the field. At the same time, they must also develop strategies to significantly advance their capabilities in anticipation of overcoming their issues with the basics. You would measure lead time in days or even weeks.
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