Remove Demand Planning Remove Events Remove Inventory
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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Explore Emerging Tech: Understand blockchain’s role in tracking and IoT for inventory management. Engage in Scenario Planning: Simulate different supply chain disruptions to prepare for real-world events. Attend Industry Events: Stay updated on trends by attending procurement expos, webinars, and conferences.

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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. And certainly there are more frequent, large events affecting companies, that had previously been spaced out.” AI can help. And that’s a great skill set to have.

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Outsmart Disruption with AI: Three Strategies for Supply Chain Resilience

Supply Chain Brain

Teams are more transparent and closely connected, further improving efficiency when responding to an event. By implementing an AI-powered planning solution that analyzed inventory levels, forecast needs and guided agents to service revenue-producing assets, the company was able to redefine its business model and save roughly $100 million.

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Clorox to replace 25-year-old tech with new ERP

Supply Chain Dive

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Risk Technology Operations Procurement Logistics Freight Regulation An article from Dive Brief Clorox to replace 25-year-old tech with new ERP The household products manufacturer is building inventory at its retailers as a buffer while it transitions its system.

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The Top 5 Key Supply Chain Capabilities

Skill Dynamics

It incorporates disciplines such as procurement, logistics, and inventory management to create a cohesive and competitive supply chain. Capability 1: Demand Forecasting and Planning Accurate demand forecasting allows a business to optimize inventory levels, reduce costs, and improve its overall customer satisfaction.

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Mathematical Optimization: Supply Chain Management by the Numbers

Supply Chain Brain

Rapid-fire, essentially live decision-making only happens when you have a reliable and fast solver behind the scene,” he says.

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Report From DPW: What’s Next for AI in Supply Chain?

Supply Chain Brain

Humans will still be very much in the picture, he argued, but one of the most important elements in the relationship between human and machine will continue to be trust.