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What is Supply Chain Management? A Guide to Success

SCMDOJO

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Core Phases of Supply Chain Management Supply chain management involves five core phases that are coordinated to enable the flow of products, information, and finances between a company and its suppliers, manufacturers, logistics providers, retailers, and customers.

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Digital Transformation Journey in Supply Chain Planning

Solvoyo

Having up-to-date supplier lead times. Maintaining outlier events that have influenced demand patterns or supply availability. One goal of these steps should be to provide end-to-end visibility across the organization through interactive dashboards and a single version of the truth. Having accurate stock-out data.

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The missing link: Why visibility is essential to creating a resilient supply chain

IBM Supply Chain Blog

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.