Remove Demand Planning Remove e2e Remove Order Fulfillment Remove Suppliers
article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

article thumbnail

Inventory Management — Everything You Should Know

Procurement Tactics

Lead Time Management This technique refers to the time it takes from placing an order to receiving it. Strategies may include negotiating shorter lead times with suppliers or finding alternative suppliers with quicker delivery times. When inventory levels reach the minimum, new orders are placed to replenish the stock.

Inventory 187
article thumbnail

What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

To varying degrees, logistics management functions include customer service, sourcing and procurement, production planning and scheduling, packaging, and assembly. What is also notable is that Logistics management has a much broader scope than what we have defined as being associated with Freight Management.