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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

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Building Resilient Supply Chains

Una

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays.

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The 25 Hottest US Procurement Startups

Procurement Software

Lavenir AI LavenirAI is a conversational AI-powered procurement negotiation training platform. Designed by procurement specialists, for procurement professionals, LavenirAI was developed to raise the bar for procurement negotiation. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

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Chatbots in Procurement

Una

By Hugo Britt | October 17, 2023 Search Search “Hey, Procurement?” “Yes, Dave?” “Contact Supplier X’s chatbot and see if you can negotiate a 15-day increase on payment terms for all products.” 24/7 Support Chatbots are available round the clock to assist users with their purchasing requests and inquiries. Sure, Dave.

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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

[Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess.

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Selecting the right service provider partner for each one of the three steps or stages of procurement digital transformation success

Procurement Insights

They say that, like truth, good ideas stand the test of time. The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T. Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study.