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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. Accurate demand forecasts enable effective supply chain planning. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms.

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Digital Transformation Journey in Supply Chain Planning

Solvoyo

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . This includes internal and external data sources.

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Solvoyo

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Solvoyo

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

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Digital Supply Chains: What’s the Big Deal?

The Network Effect

BCG recognizes that the digital supply chain is not new, and it has been productive, but notes that it has failed to deliver on its full potential. BCG pins the blame on its “inability to connect disparate systems, provide end-to-end visibility into the supply chain, and crunch massive amounts of data.”

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AI Solutions and Digital Supply Chains

Solvoyo

As supply chain professionals, in this rapidly changing world, we deal with many analytical challenges when it comes to planning and execution: . bias in every aspect of the supply chain . mismatched and missing data between different sources. lack of visibility and control over the complete network.