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EDI and Collaborative Supplier Portals
EDI is great, but extra capabilities make it greater If you’re part of a large company, you probably have Electronic Data Interchange (EDI) in place already. If not, how do you know whether or not you should pursue it? Since the 1960s, EDI has represented a huge advancement in business processes. In the ’90s it…
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Understanding Why Purchase Order Management Is Crucial to Supply Chain Success
There are lots of moving pieces to managing the whole shebang of our supply chains. They stretch, sometimes literally around the globe, from raw material extraction and creation, through multiple transportation and manufacturing steps, all the way through to a finished product getting into the final user’s hands. There are countless places where things can…
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The Challenge of Late Orders Starts with PO Acknowledgement
Dear supplier, I really need this part. What’s the status of it? One third of all materials and parts deliveries are going to be late. This unfortunate reality plays out every day for manufacturers of all sizes and industries. It leads to operational inefficiency, customer frustration, and valuable capital locked up in partly assembled orders.…