SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices.

Supply chain management 83

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 83

IBM Supply Chain Blog

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

supply chain software solutions 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

Procurement Tactics

JUNE 8, 2023

Inventory management refers to the process of handling a company’s inventory, which includes raw materials, parts, and finished products. It also includes ordering, storing, using, and selling these items. So, without further ado, let us now start! What is Inventory Management?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Supply Chain Game Changer

NOVEMBER 13, 2018

SCM is the management of a network of all business processes and activities involving procurement of raw materials, manufacturing and distribution management of Finished Goods. Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products.

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

World of Procurement blog

MAY 8, 2024

Types of Procurement There are several types of procurement that organizations utilize: Direct Procurement Direct procurement involves purchasing raw materials and components that go directly into a company's end products. Its strategic importance stems from its impact on profitability, efficiency, risk mitigation, and competitiveness.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 24, 2018

Techopedia defines Logistics as, “Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information , goods and services from origin to destination. ” [link]. ” [link].

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

Supply Chain Opz

JULY 7, 2013

Back then, Anderson et al suggested that customer be segmented based on the service needs, namely, "sales and merchandising needs" and "order fulfillment needs". Each customer in US or EU might already control the source of raw materials, ask you to provide dedicated production lines, nominate 3pl companies and air/sea carriers.

Supply chain management 102

Supply chain management Supply chain management Supply chain Management 102