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Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Different Types of Supplier Catalogs Understanding the different types of supplier catalogs providers use can help streamline your procurement process. How to gain visibility and control of your indirect spend.

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12 considerations when choosing MES software

IBM Business Partners

Moreover, they play a crucial role in quality management and compliance by enforcing quality control procedures, monitoring metrics and capturing real-time data. MES software helps optimize production processes, improve productivity, enhance quality control and streamline operations.

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How to choose the best AI platform

IBM Services

AI platforms offer a wide range of capabilities that can help organizations streamline operations, make data-driven decisions, deploy AI applications effectively and achieve competitive advantages. Visual modeling: Combine visual data science with open source libraries and notebook-based interfaces on a unified data and AI studio.

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Business process management (BPM) examples

IBM Services

By connecting workflow management, centralizing data management , and fostering collaboration and communication, BPM enables organizations to remain competitive by providing access to accurate and timely data. Workflows can be established that govern each stage of the procurement lifecycle, from sourcing to payment.

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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. This holistic approach streamlines processes, reduces duplication, and enhances overall efficiency.

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The advantages and disadvantages of ERP systems

IBM Services

This expanded collaboration can increase decision-making, while being a single source of truth for all data entry. With the streamlined approach from an ERP system, there is less time dedicated to digging up information and allows for employees to perform other tasks faster.

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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).