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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.

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Inventory Management — Everything You Should Know

Procurement Tactics

Strategies may include negotiating shorter lead times with suppliers or finding alternative suppliers with quicker delivery times. Additionally, integrating automated systems and tools for inventory tracking and management can increase productivity by saving time and providing real-time visibility into inventory status.

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

SCMDOJO

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.

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What is the Digital Supply Chain?

Supply Chain Game Changer

Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand. Visibility to where goods were was largely limited to updates that came over the phone.

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The Big Debate: Characteristics of Supply Chain Excellence

Supply Chain Opz

Equally, lack of visibility adds to uncertainty. Where reliability is key, management of uncertainty may require closer collaboration with external parties and optimization of end-to-end (E2E) inventory levels aligned to segmented trade-off between service level and cost.

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning.

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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.