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Select TMS With an Eye on the Future

Supply Chain Collaborator

Machine Learning for demand planning and efficient transportation routing? Chances are, your supply chain logistics operations are not quite ready to embrace these cutting-edge technology-fueled strategies. Been reading about Blockchain for the Supply Chain? Artificial intelligence (AI) and lights out supply chain management?

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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. Thus, it greatly improves the accuracy of the forecast and efficiently executes plans across departments in your company.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

This approach allows businesses to focus on their core competencies while leaving the logistics to experts who can optimize the process for efficiency and cost-effectiveness. Supply Chain Planning as a Service has emerged as a game-changer, enabling companies to efficiently outsource non-core activities. Why outsource Demand Planning?

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What is a Sourcing Agency and How does it work?

SCMDOJO

Comprehensive Services: Offers a broader range of services, including market research, logistics coordination, and risk mitigation. Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards. This crucial step forms the foundation for a tailored and efficient sourcing process.

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6 Critical Supply Chain KPIs!

Supply Chain Game Changer

Measuring OTIF can tell you just how efficient your logistics process is which directly impacts how quickly customers end up receiving their products. Visibility of this KPI through a performance management system can tell you whether or not costs are within your budget and save your company a ton of time calculating costs manually.

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The Importance of Supply Chain Collaboration

The Good Spending

Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. Shadow procurement, supply chain, and logistics have become standard for many companies.

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What is Integrated Business Planning (IBP)?

IBM Supply Chain Blog

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.