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MRO spare parts optimization

IBM Supply Chain Blog

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 What’s at stake?

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Strategic Procurement — Everything You Should Know

Procurement Tactics

When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. Category Management Category management sorts your spending into areas with the same supplier markets.

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Building an Efficient Company From Top to Bottom

SCMDOJO

Warehouse Layout Optimization Once you grow to a certain level, you may need significant storage for materials and products. An efficient layout can shorten order fulfillment times and make inventory management far easier. Supply Chain Software If you make physical goods for customers, then you have a supply chain to manage.