IBM Services

FEBRUARY 13, 2024

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.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

Groove Technology

MAY 18, 2023

MuleSoft is an Anypoint Platform that offers a unified, hybrid integration platform for connecting any application, data source, or API, regardless of its location, format, or protocol. Increased productivity: MuleSoft automates and streamlines manual processes, reducing errors, and freeing up resources to focus on high-value tasks.

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

Groove Technology

MARCH 6, 2023

Supply chain visibility is a critical component of success for retailers Therefore effective supply chain visibility, from production to delivery, will allow retailers to identify bottlenecks and inefficiencies, reduce costs, and improve delivery times. This can help them optimize operations, reduce waste, and avoid stockouts.

Retail 130

Retail Inventory Management Sales Data Entry 130

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

SEPTEMBER 10, 2021

Procurement is the act of buying raw materials, goods, and services for a business, as guided by formalized procedures, internal controls, and processes related to not just finance, but inventory management, supply chain management, and supplier relationship management as well. Improving inventory management.

Inventory Management 59

Inventory Management Supply Chain Management Data Entry Labor Costs 59