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Analyst Eye on unleashing procurement’s strategic impact and driving working capital optimization

Spend Matters

Working capital optimization is not merely a financial strategy; it is the lifeline of business operations. However, S2P solutions, such as GEP, SAP Ariba, Ivalua and others, have been increasingly investing in building capabilities that directly or indirectly support working capital optimization. This content is for members only.

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Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage.

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Supply Chain Collaboration — The Ultimate Guide

Procurement Tactics

Financial Supply Chain — The Ultimate Guide of 2023. Supply chain collaboration is definitely new to many newcomers in the supply chain industry. It may be an overused term in the supply chain but still confuses a lot of people. . Defining Supply Chain Collaboration.

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Total Cost of Ownership (TCO): Definition, Components, and Examples

Pipefy

A common misbelief is that lowering costs begins and ends with negotiating a lower initial purchase cost, but optimizing TCO requires a more big-picture strategy. In a similar strategy to spending more upfront to save in the long run, investing in preventative measures to reduce downtime helps optimize TCO.

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Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? The Evolution of Supply Chain!

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Warehouse Automation Definition, Benefits and Issues

SCMDOJO

Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. Optimization Challenges. WMS are sold with claims to proffer core solutions like optimization of bin storage, route optimizations, optimal employee workload, etc.