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With Coupa's acquisition of LLamasoft in 2020, the company added AI-powered supply chain design to its platform. [ 31 ] [ 32 ] On June 15, 2021, Coupa launched its Sustainable Business Spend Management (BSM) platform, to help business owners with their sustainability initiatives.
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Techno-economic assessment or techno-economic analysis (abbreviated TEA) is a method of analyzing the economic performance of an industrial process, product, or service. The methodology originates from earlier work on combining technical, economic and risk assessments for chemical production processes. [ 1 ]
Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management maximizes the efficiency of business activities that include planning and management of the entire supply chain.
Technology is the connective tissue that keeps a company running. So says Andy Campion, chief operating officer of Nike Inc., who navigates the company’s enormous and exceedingly complex global ...
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Supply-chain management (SCM) has become increasingly relevant in theory and practice in light of more-complex supply chains. The SCM performs extensive operational tasks, including supply-chain controlling. Seuring [1] transfers the three main concepts of German supply chain-controlling literature into the specific demands of SCM:
Example of supply chain Some additional descriptions for the supply chain. SCOR improves on this by offering a "standard" solution. The first step is to recover the Level 1 and Level 2 process descriptions. Caption from SCOR 8.0 Completed mappings of the supply chain processes with SCOR SCOR thread diagram. The example is of a simple supply chain.
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