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Strategic Sourcing & Vendor Management: Value Creation Levers for Operating Partners

E78 Partners

Strategic sourcing and vendor management. Procurement: The Underleveraged Engine of Value In many portfolio companiesespecially in sectors like manufacturing, healthcare, and consumer goodsprocurement can account for 5070% of total costs. Short-Term Wins: Cost Optimization Through Vendor Management The first step is visibility.

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Inventory Management in Manufacturing

VCFO

How Attention to Inventory Can Make or Break Manufacturers A major factor in determining the success of a manufacturer is how well it manages its inventory. When manufacturers have too little inventory, they can’t fully meet customer demands and lose out on revenue as a result.

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Tradologie Launches Global B2B Platform In India

PYMNTS

"In a limited span of three years, we have been able to generate business of 18 billion by enabling trade between 200,000 buyers and 20,000 sellers with zero-ground staff across 65 countries serviced by manufacturers based out of 14 countries.".

B2B 117
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Amazon Replacing Retail Vets With Software

PYMNTS

Amazon realized a lot of expensive employees were spending a lot of time working on things that should really be automated,” recalls Elaine Kwon, who worked as a vendor manager at Amazon from 2014 to 2016. However, as the machines proved their expertise, employees were discouraged from making any changes.

Retail 43
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Google And Facebook Scammed Out Of $100M

PYMNTS

We detected this fraud against our vendor management team and promptly alerted the authorities,” a Google spokesperson said. “We The DoJ alleges that the man, Evaldas Rimašauskas, used a business email compromise (BEC) scam to trick Facebook and Google into paying fake invoices, impersonating manufacturer Quanta Computer.

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Inventory Strategy Drives The Rise Of ‘Micro-Warehousing’

PYMNTS

While eProcurement and vendor management technologies can help ease the friction, B2B trade doesn’t begin with the purchase order. “This micro-warehousing concept will see more people open their eyes to, ‘I don’t have to manufacture everything.

B2B 61
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Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity

PYMNTS

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

Banking 52