Remove Inventory Management Remove Manufacturing Remove Strategic Sourcing
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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

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Days Inventory Outstanding: What Is It and How to Calculate It

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ability to Identify Inefficiencies Knowing your DIO helps to identify inefficiencies in your manufacturing process, so improvements can be made.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Example: A car manufacturer acquiring a chain of dealerships to sell its vehicles directly to consumers. How to gain visibility and control of your indirect spend.

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Days Sales Outstanding: What Is It and How To Calculate It

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How to report and analyze indirect spend to identify savings opportunities. What Are the Benefits of Calculating Days Sales Outstanding?

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Supply Chain Decisions: Skills and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Tactical The tactical level of supply chain management involves the short-term and medium-term decisions throughout the supply chain. The strategic level addresses the big picture and general decisions.

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The Benefits of Localized Supply Chain

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In fact, many businesses have realized that reshoring – or bringing manufacturing and operations back to the United States from overseas – is an important part of keeping the company alive. Written by.