Supply Chain Management

The Intelligent Supply Chain Reboots Every Link in the Traditional Model

By Poornima Apte Any retailer who must liquidate inventory or any original equipment manufacturer (OEM) who has had to battle the loss in manufacturing uptime from malfunctions on the shop floor understands the inefficiencies tucked into traditional supply chains. Manufacturers lean on market forecasts to design, source and make products. They leverage a sales and

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Supply Chain Management

Procurement Goes Far Beyond Managing Spends

When we think about procurement, we think of purchasing parts and managing spends. But procurement far surpasses that role. In reality, procurement leaders provide real business value by looking at an organization’s needs and the supply market capabilities that exist. Procurement involves delivering value by lowering costs while increasing quality, and it’s a role that

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Supply Chain Management

Lean vs. Agile Supply Chain Management

When looking at which kind of supply chain is best, it really comes down to a matter of priority. What is more important to the organization: more inventory or more information?

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