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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

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What is Supply Chain Management? A Guide to Success

SCMDOJO

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It also involves inventory management, order fulfillment, and monitoring stock levels. Transportation: Transportation plays a pivotal role in supply chain management.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Scope : Procurement spans the entire process from identifying requirements to contract closure. Purchasing is more transactional and tactical.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

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Business process management (BPM) examples

IBM Supply Chain Blog

Document-centric BPM is for efficiently managing documents and content—such as contracts—within processes. Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting. This ensures consistency and reduces inefficiency.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. Download from the below link.

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Supply Chain Department – A Typical Structure

SCMDOJO

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. Our Procurement KPIs Dashboard is perfect to help you manage and optimize your procurement processes. Negotiate contracts and evaluate suppliers.