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The Difference Between Logistics and Supply Chain

NLPA (Next Level Purchasing Association)

The globalized world relies on efficient and well-coordinated supply chains. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. It specifically focuses on the physical movement, storage, and coordination of goods and information within the supply chain.

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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. million, up from $1.9

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Digital Twinning of Supply Chains!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

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The Value of Integrating Trade Compliance with GTM Software

Supply Chain Brain

During the course of the last two decades a great deal of disruption has taken place in the field of supply chain management. For all of this variety, companies engaged in global business share several common objectives — to increase sales; reduce landed costs; compress cumulative lead times; and optimize inventory.

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Game Out the Path to ROI from Any New TMS Investment

Supply Chain Collaborator

Take a look at this concise, step-by-step process for calculating ROI we published in the white paper titled, “ Calculating Savings and Return for an Enterprise Transportation Optimization and Automation Solution “ This paper explains how to perform a self-assessment of the current state of your transportation logistics operation.

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The Value of Integrating Trade Compliance with GTM Software

Supply Chain Brain

During the course of the last two decades a great deal of disruption has taken place in the field of supply chain management. For all of this variety, companies engaged in global business share several common objectives — to increase sales; reduce landed costs; compress cumulative lead times; and optimize inventory.

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Beginner’s Guide to Managing Spend

NLPA (Next Level Purchasing Association)

At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities. This includes budgeting, forecasting, and optimizing the utilization of available funds. Implement SRM practices that foster collaboration, transparency, and trust.