Future-Proofing MRO & Indirect Procurement: Strategies for Long-Term Success
With supply chain disruptions, inflationary pressures, and evolving technology reshaping procurement, organizations must take proactive steps to stay ahead. The Hackett Group’s 2024 study reveals that 81% of procurement leaders prioritize cost reduction—yet many struggle to control spending effectively. From data-driven decision-making to digital procurement tools and cooperative purchasing, adopting best practices now can drive long-term resilience and savings. Want to optimize your procurement strategy? Read the full blog post to explore key strategies that can help your business navigate uncertainty and maximize efficiency.
How to Choose the Right Supplier Relationship Management System for Your Business
In today’s fast-paced, data-driven business landscape, manual supplier management is no longer sustainable. An automated Supplier Relationship Management (SRM) system can streamline operations, reduce costs, and improve supplier collaboration. From integrating with ERP and CRM systems to tracking key supplier KPIs and automating payment processing, SRM solutions empower businesses to optimize procurement and mitigate risk. Ready to transform your supply chain? Our latest blog post explores the must-have features of a strategic SRM system and how SDI can help you implement it.
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Identifying and Managing Critical Spares
Unplanned equipment failures can bring production to a standstill, leading to lost revenue, higher repair costs, and supply chain disruptions. With longer lead times and ongoing shortages, a proactive critical spares management strategy is essential to maintaining operational continuity. From analyzing failure data and optimizing inventory levels to leveraging predictive maintenance and emerging technologies like 3D printing, businesses can reduce risk and improve efficiency. Is your spares strategy ready for the unexpected? Read the full post to explore best practices that keep your operations running smoothly.
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