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What is Supply Chain Management? A Guide to Success

SCMDOJO

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

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Digital Twinning of Supply Chains!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

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Logistics Complexity and the Strategic Moves Companies are Making to Reduce It

Let's Talk Supply Chain

Logistics Complexity and the Strategic Moves Companies Are Making to Reduce It The last mile is typically the costliest and most complicated leg of a supply chain, accounting for, on average, 53% of overall shipping costs. Visibility in the delivery process gives logistics companies more control over their last-mile operations.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?

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How Do Companies Name That Price? A.I. Can Help

Supply Chain Brain

of course, has the potential to affect multiple stages and functions of the supply chain. When being applied to business and the supply chain, however, it takes on a different form — one that’s both more and less “human” in nature. It’s that latter quality that applies to data-heavy disciplines such as pricing.

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Strategies for Embracing the Internet of Things

Supply Chain Brain

While they might embrace the underlying concept of the IoT, they’re dubious about their ability to manage the resulting flood of data in a meaningful way. How can they respond in a timely manner to the rapid and unrelenting flow of data from countless devices hooked up to the internet? This is where the IoT is fitting in.