Marie Meliksetian

Cultivating Success: Effective Strategies for Supplier Relationship Management - Supplier Relationship Management (SRM) is a critical aspect of business operations that focuses on building and maintaining strong partnerships with suppliers to drive mutual value creation and sustainable growth. In today’s competitive marketplace, businesses that excel in SRM gain a strategic advantage by fostering collaborative relationships, ensuring supply chain reliability, and enhancing overall efficiency. This …

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Interesting article on the impact of "de minimis" trade volumes on US economic activity...and the cost of banning it...#deminimis #supplychain https://lnkd.in/g9cfwKWq

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Is it accurate to say that a #business requires to sustain revenue generation is a robust market presence and a devoted customer following? A distinguished #retailchain engaged Consulting & Beyond seeking assistance in surmounting sales stagnation. Despite possessing both elements—a loyal customer base and a formidable market presence—the company encountered sales stagnation persisting for two years. Thus, in our capacity as their trusted #managementconsultant in Chennai, we endeavored to pinpoint the deficiencies in their operational approach. https://lnkd.in/gDNqi4Ts #BusinessStrategy #RiskManagement #Entrepreneurship #SmallBusiness #BigBusiness #candb #audioshorts #finance #tax #gst #funding

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Supply chain vulnerabilities are at an all-time high, and businesses must move from reactive to proactive strategies to protect their operations. The recent disruptions in the Middle East, where goods were intercepted and tampered with, highlight the severe risks facing global supply chains. Diversifying supply sources, forming strategic alliances, and implementing a strong SIOP process are crucial steps to building resilience and ensuring business continuity in today’s volatile world. Check out our recent Press Release highlighting the challenges: https://lnkd.in/gD-8XePK #SupplyChain #BusinessResilience #Leadership

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Supply chain vulnerabilities are at an all-time high, and businesses must move from reactive to proactive strategies to protect their operations. The recent disruptions in the Middle East, where goods were intercepted and tampered with, highlight the severe risks facing global supply chains. Diversifying supply sources, forming strategic alliances, and implementing a strong SIOP process are crucial steps to building resilience and ensuring business continuity in today’s volatile world. https://ow.ly/20wx50TA2V2 #SupplyChain #BusinessResilience #Leadership

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Struggling with supplier reliability and long lead times? You're not alone—72% of SMBs are facing the same challenges.   Join me, Ara Ohanian, Barry Kukkuk, and Jefferson Barr on September 5th as we discuss supplier viability and other key trends from Netstock's latest benchmark report.   Don't miss this deep dive into the insights that matter most. There is still time to sign up! (link to register in the comments)

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To lower manufacturing and #supplychain costs, companies can optimize procurement, logistics networks, and distribution and warehousing, and invest in digital lean manufacturing and advanced planning processes. #valuecreation https://ow.ly/KsA350RgUUF

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AI is reshaping the food logistics supply chain. ⛓️ In a recent piece for Food Logistics, Colin Dowd details how leveraging technology can elevate operations and sustain competitiveness for food and beverage manufacturers and distributors. Check it out: https://ow.ly/EIpE50Rjuuc #SupplyChainManagement #AI #FoodAndBeverage #FoodManufacturing

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A Gartner survey reveals that supply chain leaders need to prioritize investments in tech that can enable supply chain strategy. Stay in the know. Gartner for Supply Chain | #GartnerSC #SupplyChain #Strategy

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Longbow Advantage Recognized in the Gartner® Hype Cycle™ for Supply Chain Execution Technologies, 2024 Longbow Advantage, the innovative warehouse technology leader behind the Rebus platform, proudly announces that Longbow Advantage has been recognized as a Sample Vendor in the 2024 Gartner Hype Cycle for Supply Chain Execution Technologies, 2024 for the Warehouse Labor Forecasting category. Gartner defines Warehouse Labor Forecasting as a “a specialized form of predictive analytics that uses qualitative and quantitative approaches to intelligently predict short-term, midterm and long-term warehouse labor demand in aggregate and by task, skills, process area and other factors.” As labor availability continues to challenge businesses more than labor costs, having sophisticated forecasting tools is now essential. Rebus is uniquely positioned to meet this critical need, empowering supply chain leaders to optimize workforce allocation, enhance efficiency, and drive operational excellence. “We are pleased to be included in the Gartner Hype Cycle for Supply Chain Execution Technologies, 2024,” said Gerry Brady, CEO of Longbow Advantage. “For us, this recognition is a testament to our commitment to delivering transformative solutions that address the most pressing challenges in warehouse operations, from labor forecasting to real-time operational insights.” Read the entire press release at https://lnkd.in/gzSDffqz

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The logistics industry is bracing for further disruptions due to potential strikes, regulatory challenges and geopolitical tensions. Companies need to proactively adapt by optimizing supply chains, embracing advanced technologies and rethinking talent and workforce planning. Thriving amidst this chaos will require forward-thinking strategies, including the adoption of Sales Inventory Operations Planning (SIOP) and a focus on creating resilient, adaptive operations. Those who innovate and prepare for disruptions will have a competitive edge in an increasingly volatile environment. More information about upcoming disruptions: https://ow.ly/lini50Tb86P #LogisticsIndustry #SupplyChainConsulting #SupplyChain

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To truly leverage the supply chain as a competitive advantage for CPGs and Private Equity Portfolio Companies, focus on delivering results that impact three key areas ⬇ ➡ Top-Line Growth Drive revenue increases by ensuring the supply chain supports rapid market response and scalability. ➡ Margin Improvement Enhance profitability through cost-reduction programs and efficient operations. ➡ Cash Flow Optimization Manage cash effectively by optimizing inventory levels and streamlining processes. These elements can be achieved through the design of agile and synchronized operations, cost-reduction initiatives, and effective inventory management. #valuecreation #supplychain #privateequity #portfoliocompanies #cpg

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Supply chains are being impacted by he tight labor market, the dynamics of customer relationships, and disruptive technologies. We're exploring this in our #blog, #video and #podcast at https://lnkd.in/giGFytKE. Join us as we discuss how the latest technology and strategies, including #AI, can reduce costs and improve global reach with higher efficiency within your supply chain. We talk about the impacts of inflation and the labor market, and get expert insights on ways to maximize your supply chain. #SupplyChainEfficiency #supplychain #manufacturing #ProCFOPartners #CreateTheNext #fractionalCFO

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📊 September 2024 ISM Report on Business: What does it mean for U.S. manufacturing? According to the latest data from the Institute for Supply Management (ISM), manufacturing activity in the U.S. remains in contraction for the 11th consecutive month. However, with some bright spots in production and new orders, there's cautious optimism for improvement. 📈 Find out more about how employment, supply chains, and economic outlooks are shifting in this latest report. 🔗 https://zurl.co/sqYm What are your thoughts on the future of U.S. manufacturing? Let's discuss! #Manufacturing #ISMReport #SupplyChain #EconomicOutlook #IndustryTrends #USManufacturing #Production #manufacturersrep #manufacturingindustry #manufacturingsolutions #manufacturer #wholesaledistribution #distribution #crmsolution

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Check out the latest edition of my Supply Chain Breakthrough newsletter and learn about The Margin Improvement Cycle: a strategic framework that integrates operational, financial, and commercial activities to drive growth for PE portfolio companies and CPGs 👇 https://lnkd.in/exggcR_i #valuecreation #supplychain #privateequity #portfoliocompanies #cpg

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A quick download and read from West Monroe to identify what 150 c-suite manufacturing execs told us via third party survey as to what matters now to them as they look to the future. Hint: M&A on the horizon, data/AI, workforce aging out, supply chain resilience after crazy few years, and automation... a good read to guide all you manufacturers out there!

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Optimizing procure-to-pay (P2P) operations has become imperative for organizations aiming to achieve significant cost reductions and enhanced operational control. Join us for our webinar as Sean Bonadeo (Hanley), Roni Magendzo, Brendan Cei, CPA, and Nathalee DuRose discuss strategies for redesigning processes and dive into the levers for P2P optimization across different focal areas.  Register here: https://lnkd.in/etjrV59B #P2P | #procuretopay | #webinar

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