Remove Automation Remove Information Remove Inventory Management Remove Sourcing
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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

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6 Ways Intelligent Automation Is Transforming the Pharma Industry

Automation Anywhere

These are just a few of the benefits pharmaceutical, or “pharma,” companies are reaping from deploying intelligent automation. A 2020 Bain & Company survey shows that 84% of companies across all industries have accelerated their automation efforts, primarily due to the fallout from the pandemic. It’s not a moment too soon.

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Streamlining supply chain management: Strategies for the future

IBM Services

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. It includes everything from product development and strategic decision-making to information systems and new technologies.

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Unlock retail visibility with B2B Mulesoft Integrations

Groove Technology

Without access to accurate, real-time data on everything from inventory levels to sales performance, it can be difficult for retail business owners to make informed decisions about how to optimize their operations, improve customer experiences, and stay ahead of the competition.

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6 Myths and Facts About AI Implementation For SMBs

Amzur

With insight into the real barriers and benefits, executives can chart an informed path to integrate AI-driven solutions, empower their teams, and future-proof their business models. In the market, you can get access to open-source AI tools and libraries, offering free or low-cost access to powerful AI capabilities.

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Days Inventory Outstanding: What Is It and How to Calculate It

Planergy Software

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's Planergy?

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Responding in real time to changing market dynamics

IBM Services

Specifically, organizations that can implement more continuously aware, dynamic, and automated inventory management systems create a significant competitive advantage to increase market share. You were unaware of this since the supply chain teams only provide this information in quarterly reports.