5 Ways GPOs and Supply Chain Cooperatives Optimize Procurement
Procurement, plant maintenance, and facilities management professionals responsible for the upkeep of asset-intensive environments and production plants must prioritize streamlining the acquisition of critical spares, repair parts, and consumables to...
System Integration Methods: Unlocking Efficiency in Facility Management and Supply Chain Management
In the ever-evolving world of facility management and supply chain management, seamless integration is crucial for success. System integration methods like Electronic Document Interchange (EDI) and Application Programming Interfaces (API)...
Whether you’re a manufacturing plant or a retail facility, inventory management for the spare parts, consumables, and materials needed to maintain and repair facility and plant assets is crucial. For...
Unlocking the Power of Digital Transformation with Effective Supply Chain Master Data Management
Master data – the information, statistics, processes, and guidelines that govern a business and its supply chain – has always been essential, strategic, and proprietary. The groundswell attending digital transformation...
How to Overcome Supply Chain Disruptions With Real-time Data Transparency
The global nature of business, geopolitical upheaval, impacts of the Covid 19 pandemic, increasing extreme weather events, and more factors are placing ever-greater strains on complex and interdependent supply chains....
How to Leverage Source to Pay Solutions in Your MRO Strategy
Few activities bear as heavily on a manufacturing or retail business’s success as the procurement and payment function. Source-to-pay (S2P) solutions dictate the price and terms of raw materials, the...
How to Incorporate AI in Supply Chain to Drive Business Forward
With margin-constrained organizations turning to maintenance, repair, and operations (MRO) supply chains as sources of cost savings and competitive advantages, the intent to connect the supply network to all aspects...
5 Sectors That Will Benefit the Most From Mobile Procurement
Given the robust technology and intuitive user interfaces available, nearly every industry or business vertical can benefit from implementing mobile procurement tools. With the interconnected, global nature of supply chains,...
Why Organizations are implementing Purpose-driven Digital Supply Chain Solutions to Future-proof
The COVID-19 pandemic highlighted the world’s lack of readiness to manage through a global supply chain crisis and the need for digital supply chain solutions and management strategies that reduce...
