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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy

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. Why is Business Budgeting Important?

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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

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.

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Leveraging Critical Factors for Supply Chain Success

NLPA (Next Level Purchasing Association)

Until you can leverage what it takes to succeed, most businesses today will struggle to maintain fiscal viability and relevance in the Modern Global Market. The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. Inability to execute good Business Strategies.

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The Role of Managed Procurement Services in Supply Chain Optimization

Empowering CPO

Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. This is where EmpoweringCPO stands apart.

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What is Integrated Business Planning (IBP)?

IBM Supply Chain Blog

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.

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299: Modernize Your Ecommerce Supply Chain, with Shipium

Let's Talk Supply Chain

Today I’m joined by Shipium , a powerhouse logistics tech company who are on a mission to modernize the ecommerce supply chain, and help you turn logistics into a strategic differentiator for growth. Shipium coordinates previously disconnected supply chain steps to help retailers offer fast, free, and on-time shipping.

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What is asset reliability?

IBM Supply Chain Blog

When a critical asset like an expensive piece of machinery or infrastructure breaks unexpectedly, it affects customers and can cost companies millions. To be successful, businesses need to have clear, real-time visibility into the condition of their assets and a plan to keep them running smoothly and make repairs quickly when things break.