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How AI Can Solve the Biggest Challenges in Procurement

Zycus Cognitive Procurement

Consider yourself as a buyer with a need of some office supplies at your global headquarters; AI can assist your sourcing and procurement teams at every touchpoint in the procurement lifecycle, simplifying the buying process in the following ways-. 1 ) AI-Assisted Sourcing. 2 ) AI-powered Auctions & Supplier Performance: .

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Supply Chain Visibility ā€“ An Overcomplicated Challenge!

Supply Chain Game Changer

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Shipment to customer. ā€œCā€ Subscribe Here!

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What Is Industrial Marketing? (With Examples)

The Thomas Blog

Keeping your website design fresh and your content new will help boost your brand and visibility. An interactive product catalog can also streamline the buying process by integrating eCommerce for direct online purchasing. It makes you as the manufacturer more accessible at any given time to meet preliminary prospect demands.

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How To Find Customers For Your Manufacturing Business

The Thomas Blog

Today's buying process begins on the internet. Some buyers only work with manufacturers or suppliers that have specific certifications , so make sure they're visible and up to date. Donā€™t make it difficult to discover which standards you meet ā€” make your certifications as visible as possible. Facility and equipment lists.

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5 Reasons Why You Need an Order Management System

Finale Inventory

Order management is the process of integrating orders from multiple channels through the use of databases, data collection, processing orders and order fulfillment. The order’s entire lifecycle is carefully analyzed in real time to ensure it’s not lost, delayed or corrupted before it makes it to the customer’s hands.

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Supply Chain Management ā€“ the SME perspective

Claritum

By automating their business processes in functions such as finance, procurement and goods receiving and automating time-consuming, repetitive tasks SMEs stand to improve productivity which will help them gain competitive advantage. Including: Better Cash Flow associated with payments and inventory management.

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Shortage vs. Surplus: Causes and Definitions

Finale Inventory

Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive. There are several scenarios that can cause an inventory surplus: 1. It is important to build in time for delays when preparing to sell a product.