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Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is Procurement Management?

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Metrics that Matter: Inventory Effectiveness

QAD

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Whether you measure purchase orders or customer orders—and you should do both—high numbers indicate problems in your inventory planning and flow.

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Supply Chain Matters This Week in Supply Chain Tech August 30 2023

Supply Chain Matters

Redwood has indicated a commitment to solving the ability to source battery anode and cathode components in the United States and producing them from an increasing amount of recycled content. According to the announcement , this start-up aims to develop breakthroughs in Generative AI , Large Language Models and Business Analytics.

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How to Use Information Technology in Supply Chain Management

EC Sourcing Group

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Inventory management. Return management.

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Supply Chain Matters This Week in Supply Chain Tech December 13 2022 Edition

Supply Chain Matters

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance.

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7 Critical Differences Between B2C and B2B Online Marketplaces

Requis

If you’ve ever tried to source hard-to-find parts or equipment, Google searches have probably led you to some pretty strange places. There are a surprising number of online platforms where people can buy and sell assets, some of which are downright sketchy. B2C Interfaces designed for “shopping”, not sourcing.

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7 Critical Differences Between B2C and B2B Online Marketplaces

Requis

If you’ve ever tried to source hard-to-find parts or equipment, Google searches have probably led you to some pretty strange places. There are a surprising number of online platforms where people can buy and sell assets, some of which are downright sketchy. B2C Interfaces designed for “shopping”, not sourcing.