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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.

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Thought leader: How to get early supplier involvement right

Procurement Leaders

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. But does it work?

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The Importance of Supply Chain Collaboration

The Good Spending

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

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Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction.

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Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Key Takeaways 1) Pre-competitive collaboration is the best way forward.

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Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. 1) Pre-competitive collaboration is the best way forward. Key Takeaways.

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Business process reengineering (BPR) examples

IBM Supply Chain Blog

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement.