Procurement Tactics

MAY 8, 2023

At its core, it is the integration of all the partners in the supply chain where important and critical information from all sources is gathered and shared with all the trading partners in the supply chain. It enhances trust between partners and enables customers to be heard. Thus, transparency is the key to having an effective CPFR.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Supply Chain Game Changer

AUGUST 12, 2021

On the other hand, consumers’ demand for goods and services in the market declined, leading to the downfall of economic activity. This had impacted negatively on their source of income. At the same time, consumers demanded many products that have fallen sharply.

Innovation 98

Innovation supply chain software solutions Supply chain Raw materials 98

Supply Chain Game Changer

JULY 15, 2021

In this guide, you’ll find everything you need to know about lead time and how to use it to optimize your order fulfillment. Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. Materials order time: The factory orders the raw materials it needs to produce your order.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Inventory Supply Chain Optimization 98

SCMDOJO

AUGUST 4, 2023

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. According to GT Nexus , an “out-of-stock” situation was experienced by 81% of consumers in the last 12 months. But when should you consider reducing inventory?

Inventory 90

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 90

Supply Chain Opz

JANUARY 22, 2016

Markus Rosemann, Vice President for Logistics and Order Fulfillment, SAP There is a great opportunity for technology to relate massive amounts of data from sensors, telematics systems and RFID tagged items in the Supply Chain and Logistics industries.

Supply Chain Efficiency 49

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 49

SCMDOJO

MARCH 25, 2022

However, topics such as logistics, logistics, physical sourcing and supply chain management are not included in these courses. Supply chain management has therefore come to be seen as a chain that encompasses the planning and management of all activities involved in sourcing and converting and all logistics management activities.

Supply Chain Efficiency 131

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 131

Supply Chain Game Changer

AUGUST 6, 2020

Now-a-days businesses need to be dynamic in ratifying the ever-changing trends of consumer demand and shift to a more connected supply network, via digitally interconnected devices and complex platforms to keep pace with digital transformations. The next step is to gather these data which are identified at earlier step.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78