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Manufacturers Must Seek Better Supply Chain Visibility

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For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. Unfortunately for manufacturers, there are many areas in need of improved visibility such as customer demand, inventory, total cost, and supplier risk.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

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The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers. Data silos also inhibit agility, Keeley said. “As