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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

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MuleSoft Real-Time Integration Enabling Seamless Data Flow

Groove Technology

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.

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Business process reengineering (BPR) examples

IBM Services

Leaders, senior management, team members and stakeholders must champion the BPR initiative and provide the necessary resources, support and direction to enable new processes and meaningful change. These strategic initiatives can involve streamlining organizational hierarchies, consolidating departments and outsourcing non-core functions.

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11 Cost Reduction Strategies in Procurement

Obobo

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.

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Procurement Costs and How Businesses Can Reduce Them

Planergy Software

By understanding how procurement costs are created and the tools and process improvements you can use to reduce them, you can: bolster your company’s bottom line; strengthen your inventory and supply chain management; and build strong supplier relationships, too. Procurement Costs: An Overview.

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Spend Management Strategy: How To Improve Your Strategic Spend Management Plan

Planergy Software

It is about controlling and making improvements to the way your organization spends money and isn’t just about managing accounts payable. It includes managing supplier relationships, inventory management, category management, and more. How Spend Management Improves Procurement.

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CMMS vs. EAM: Two asset management tools that work great together

IBM Business Partners

They typically include modules for tracking employees and equipment certifications (resource and labor management), data storage on individual assets like serial numbers and warranties (asset registry), and task-related activities like work order numbers and preventive maintenance schedules (work order management).