An Innovative Way to Tackle Inventory and Stock Location Challenges
You Can’t Use What You Can’t Find That statement is never more valid than when discussing maintenance, repair, and operations components and retail merchandise. Much of the heavy lifting manufacturers...
Keeping your manufacturing equipment running is crucial, but equipment failures happen. Having the right spare parts on hand can get production back up quickly, while waiting for a needed part...
A centralized purchasing model offers many benefits that can help businesses operate more efficiently and reduce costs. While decentralized purchasing gives individual departments more control, a centralized system provides overall...
Maximizing Maintenance, Repair, and Operations (MRO) Procurement: GPOs vs. Purchasing Cooperatives
In the landscape of sourcing strategies, understanding which procurement solutions suit your needs is essential. With increasing complexities in supply chain management, both GPOs and purchasing cooperatives have emerged as...
In recent years, medical, geopolitical, and economic developments demonstrate the importance of mitigating supply chain risk and how important safety stock truly is. Maintaining a sufficient safety stock of maintenance,...
Driving Value Through Strategic Supplier Relationship Management
Explore how Strategic Supplier Relationship Management (SRM) is transforming the way companies innovate, reduce costs, and manage risks through collaborative partnerships. This comprehensive guide delves into the benefits, best practices,...
Tech Meets Talent: Reshaping Procurement with Tail Spend Management
Procurement has long been considered a cornerstone of any organization’s operations, yet certain aspects have often been overlooked. One such area is tail spend – that last 20% of spend...
Balancing Smarter MRO Purchasing and Inventory Management
A meticulously planned and flawlessly executed MRO purchasing and management strategy is a thing of beauty. Not only does it keep costs low by eliminating off-contract buys and rush delivery...
Unveiling the ZEUS Supply Chain Analytics Guidebook: Harnessing KPIs for Digital Supply Chain Transformation
In an era of proliferating data and growing emphasis on data literacy, the ability to navigate Key Performance Indicators (KPIs) becomes a strategic necessity. Recognizing the need for enhanced efficiency,...
