Remove 2001 Remove Price Reduction Remove Procurement Analytics
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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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The use of machine learning to generate quick savings and gain in price consistency

KEPLER Consulting

The purpose of this article is to share our experience in the use of machine learning to generate quick saving opportunities and homogenize purchased pricing across business units / regions in large groups. Or a certain price for a red product and double for its blue version? History of pricing is rarely reviewed.

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An Entrepreneur Explains The 10 Things Needed to Build A Business that Investors Can’t Say ‘NO’ To

Logistics Viewpoints

He sold the company in 2001 when the company had achieved revenues of about $10 million. Following this, Mr. Welty purchased a WMS company which became the platform upon which he created a different business called Quiet Logistics, a third-party logistics company focused on picking ecommerce orders with robotic technology.

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

ZF transforms those purchased products into over 2,000 products. ZF has been working with a supply chain solutions provider called SupplyOn since 2001. MSCN solutions provide supply chain visibility, network-based applications, and network analytics. Lean cuts inventory out of the supply chain. ZF’s Digital Supply Chain.

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Our Walk In The Fog

Supply Chain Shaman

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Third wave supply-chain planning software will play the machine role in the human-machine collaboration, enabling the knowledge worker to manage large amounts of data, use advanced analytics, and automate processes and decisions across the enterprise and the wider value chain.

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The worst Supply Chain practices must be confessed and not only by constraint

KEPLER Consulting

This can only be achieved by addressing the elimination of the worst practices in the organization, processes, and digital resources of the company. Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . The importance of a robust supply chain.