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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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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

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Integrated Logistics — What You Should Know

Procurement Tactics

Thus, this will enable you to implement it in your supply chain. Integrated logistics, also known as integrated supply chain management, refers to the coordinated and seamless management of all the activities involved in the movement and storage of goods and materials. What is Integrated Logistics?

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Global Supply Chain Management: Best Practices and Trends

HICX

It leaves those organizations that are not focused on the efficiency and robustness of their supply chains susceptible to disruption and revenue erosion. This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability.

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Supplier Order Management Software – Everything You Should Know

Procurement Tactics

Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management. Supplier order management refers to the activities involved in placing and tracking orders with suppliers. This automation saves time and effort, making the procurement process more efficient.

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Are We Facing the End of Supply Chain Management?

Supply Chain Game Changer

A new article in Harvard Business Review has been generating some automation-related controversy in the Supply Chain Community, as well as lots of buzz and interesting conversation. Titled, “ The Death of Supply Chain Management ,” the article discusses the way that automation, AI and big data are transforming the industry.

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Pandemic Underscores Necessity of TMS and Other Supply Chain Tech Tools

Supply Chain Collaborator

Coming at a time when the pandemic is depressing global consumption of oil thanks to plummeting travel plans and shelter in place orders, it seems counter intuitive that demand to move oil would be at record high volumes. By Furnishing Upstream and Downstream Visibility to More Effectively Coordinate with all Facets of the Supply Chain.