Remove Inventory Reduction Remove Metrics Remove Procurement
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Thirteen Years a Blogger

Supply Chain Shaman

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. Functional Metrics and the Lack of Alignment to Strategy. Most focus on cost reduction, assuming that functional cost translates to operating margin. Guess what?

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AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

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Supply Chain Efficiency: A Deep Dive into the Core Drivers

RFgen

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

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Centralized Purchasing System – Key Benefits and Effective Strategies

Precoro

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.

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Breaking Down Supply Chain Optimization: Turning Data Into Actionable Insights

RFgen

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Data analytics also offers actionable insights for: Inventory Management: See stock levels across multiple locations in real-time. Ready to get started? Let’s dive in.

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Effective Strategies for Scaling Manufacturing Operations

RFgen

Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory. Consider these essential metrics: Asset Utilization: How efficiently are your machines being used? Production, technology, and organizational structure should all support the overall scaling strategy.

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Just Jump

Supply Chain Shaman

In parallel, I started working on a project to eliminate the secretarial pool. Within a year, we eliminated the typing pool. I would never have eliminated the secretarial pool by asking them their opinion. The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing.