The Thomas Blog

AUGUST 24, 2022

And so do the buyers of your company's products or services. By understanding what your buyers have on their plates, you can more easily accomplish one of your most important tasks — generating more leads and contributing to your bottom line. From a supplier's perspective, the industrial buying cycle is a two-step process: 1.

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Buyers Buying process Suppliers Sourcing 128

Procurement Insights

OCTOBER 26, 2023

As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend , vendor rationalization , and change management. This disconnect meant that other measures had to be taken.

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Change management Management Contract Buyers 69

The Thomas Blog

JUNE 22, 2022

To start, industrial businesses will need an effective online marketing and sales strategy to help them achieve their business goals — because the B2B buyer behavior has changed. Here are a few things to keep in mind if you're a manufacturer looking for more customers: Optimize Your Website To Convert New Customers. Finance Managers.

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Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

SCMDOJO

DECEMBER 14, 2023

Logistics and Shipment Management: Smooth Transitions Across Borders Coordinating the logistics of shipping goods across borders is a complex task. Sourcing agencies take charge of the entire shipment process, selecting the most efficient and cost-effective shipping methods.

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Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 75

Supply Chain Game Changer

SEPTEMBER 29, 2020

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. Despite these devastating and far reaching implications of poor inventory management too often this area is not given the respect and attention that it deserves.

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Inventory Raw materials Supply Chain Optimization Demand 90

Supply Chain Game Changer

JANUARY 30, 2020

Subscribe to Supply Chain Game Changer. “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly.

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Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Supply Chain Game Changer

NOVEMBER 16, 2018

“We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly. (Infographic). ”, I asked.

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Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43