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ESG-Driven Supply Chains: Moving Beyond Compliance Toward Proactive Sustainability

Logistics Viewpoints

While past efforts focused on meeting compliance requirements, organizations are now working to proactively embed environmental, social, and governance (ESG) principles into their sourcing, production, and distribution activities. Building supplier capabilities while maintaining sourcing flexibility requires additional investment.

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Top Supply Chain Planning Vendors Are Investing to Support Agile Planning

Logistics Viewpoints

A production plan from an IBP meeting should be considered a rough-cut long-term plan, merely the best estimation of what was likely, not something written in stone. Production, in the short term, needed to flex to meet new opportunities and unexpected constraints. This realization led to a new focus on agile planning.

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5 Ways Shippers And Suppliers Can Maintain A Great Relationship

Blue Grace Logistics

Supply chain management is characterized by the fact that all interested parties collaborate towards a common strategy or to achieve a common objective. 5 Tips To Improve Supplier Management. Here are five tips to help you improve your relationship with your company’s suppliers. Finally, make it personal.

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Why Companies Need a Supplier Relationship Management Strategy

GlobalTranz

This type of system can also help organizations understand when their suppliers are undergoing change or hardship, and offer them an opportunity to step in and help, or provide them with enough time to source from different suppliers. Manage working capital. To establish and maintain leadership, organizations must innovate.

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ERP for Compliance and Traceability in Regulated Industries

SYSPRO Smarter ERP

Supplier management This involves the processes for monitoring and evaluating suppliers based on a set of standards. These standards establish clear guidelines and expectations for suppliers to follow. Visibility throughout the value chain is necessary to ensure quality and to remain compliant.

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Why the Supply Chain Matters to Business Success

Logistics Bureau

Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. For example, supplier performance issues can cause problems with inventory, order fill; on-time delivery performance and customer-order lead times.

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How Cloud ERP can assist manufacturers with their procurement function

SYSPRO Smarter ERP

Cloud ERP offers the procurement solution for businesses to manage and automate every part of the procurement process , from supplier management, purchase requestions and purchase orders to sourcing and invoicing.