Remove Collaborations Remove Inventory Management Remove Operational Costs Remove Sourcing
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Streamlining supply chain management: Strategies for the future

IBM Services

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

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The Rise of Global Business Services: The Future of Shared Services

Zinnov

These centers, known as captives , Global In-house Centers (GICs), or Global Capability Centers (GCCs) , are vital components of the evolving framework for how companies source services globally. Now, the SSC manages HR processes like payroll, benefits, financial operations, and IT support for all regional offices.

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Business process reengineering (BPR) examples

IBM Services

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement. This can enable significant cost savings and improve profitability.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. By taking ownership of various stages in the production process, businesses can closely monitor quality standards, optimize inventory management, and reduce the risk of disruptions caused by external suppliers.

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The advantages and disadvantages of ERP systems

IBM Services

Expand collaborations The way that ERP solutions are built make for excellent collaboration across different departments. This expanded collaboration can increase decision-making, while being a single source of truth for all data entry. ERP software offers many advantages, but standardization is one of the most important.