Keeping Track of your Supply Chain - 8 1/2 key points to ponder

When it comes to the Extended Supply Chain, it is critical to ensure that any issue that occurs during the process is uncovered in a timely manner. Once an issue has been uncovered it then becomes critical to take action on it in order to get the process back on track. Without this kind of actionable insight we will simply running less effectively and ultimately end up paying more for the execution of our Supply Chain. Increased buffer stock to account for Supply Chain irregularities, poorly optimized reorder points and optimal order quantities, and so on... We have lived with chaos and exceptions for so long but there is hope; there is light at the end of the tunnel. We need to take charge of the Supply Chain and it all begins with gaining control through visibility in to what is actually happening.

Five Tips for a Successful Accounts Payable Workflow Implementation

Automating your Accounts Payable (AP) processes such as invoice approval, purchase order matching, and requisitions by implementing a workflow solution is no small undertaking.  While a well-executed workflow implementation can be accomplished in just a few weeks, implementations more commonly become bogged down for weeks, months, or even years by complications in the process itself. […]


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