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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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Supplier Order Management Software – Everything You Should Know

Procurement Tactics

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

Financial Supply Chain — The Ultimate Guide of 2023. The financial supply chain is new to many procurement professionals, especially those who have just started their journey in the procurement and supply chain industry. . For this article, we will tackle what a financial supply chain is.

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Supply chain visibility in the energy and utilities industry

IBM Supply Chain Blog

Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. However, maintenance inventory optimization is only part of the solution. Visibility into other key inventory (e.g.,

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8 Tips to Help Procurement Optimize Supplier Master Data

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Tip #1 – Use holistic data modeling to optimize organizational needs.

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Global Supply Chain Management: Best Practices and Trends

HICX

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.