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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. So why wait?

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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 encompasses activities such as procurement, supplier selection, and evaluation. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement.

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Can Coupa (and its procurement suite peers) manage supply as well as spend?

Spend Matters

But can they transcend the business spend management sphere and really go beyond indirect spend management support into the realm of supply [chain] management beyond some of the “basics” (e.g., communicating direct POs to suppliers or running basic sourcing events for direct materials)? Can they optimize purchased inventory?

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. On top of disruption, companies with global supply chains must also deal with different regulatory environments, cultural norms and market conditions.

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The Development of Spend Data Analysis

Market Dojo

My early involvement with spend analysis started over 10 years ago, when I was working at Lenovo, we discussed the possibilities of using spend analysis and the future role of supply chain analytics in the company. Whilst quality is typically the key differentiator between suppliers with direct spend.

Data 40
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Top 10 Hottest British Procurement Startups

Procurement Software

This facilitates a complete transformation of how businesses transact with long tail suppliers in the procure-to-pay (P2P) cycle. It offers buyers a more automated way to onboard and pay smaller suppliers, and suppliers the opportunity to get onboarded with customers faster and to get paid quicker.