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Periodic Inventory System — Everything You Should Know

Procurement Tactics

These software systems support a variety of stock-keeping methods, allowing users to obtain inventory lists in paper format and import stock data for calculating inventory order needs and reconciliation for a new period. The resulting figures and reports can be exported to accounting software. When to Use it?

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A Snapshot of Supply Chain Technology

Una

Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. That is why the most important gains in supply chain technology have been in the area of visibility. But that is not the only area where technology is rapidly evolving. For example, nearly 6.5

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Big data and inventory management

EazyStock

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! Unstructured data isn’t as accessible to search or export and is often text-heavy.

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Event-driven architecture (EDA) enables a business to become more aware of everything that’s happening, as it’s happening 

IBM Supply Chain Blog

Becoming a real-time enterprise Businesses often go on a journey that traverses several stages of maturity when they establish an EDA. Teams want more visibility and access to events so they can reuse and innovate on the work of others. Results can be exported or sent as a continuous stream into Kafka.

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How to achieve Kubernetes observability: Principles and best practices

IBM Supply Chain Blog

In DevOps , the concept of observability has evolved to refer to the end-to-end visibility of a system state as dictated by telemetry data. Logs Logs include discrete events recorded every time something occurs in the system, such as status or error messages, or transaction details. • Monitor resource usage.

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The top capabilities of E-Procurement solutions

Spend Matters

I have seen top performers with catalog content that includes volume/promotional pricing, real-time price checks, multi-currency, multilingual and custom or specialty attributes for industry-specific inventory data, which were also embedded into shopping lists and more.

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The Endless Complexities of the Ocean side of Supply Chains

SCMDOJO

A good way to understand longer end-to-end transit times which under the current scenario have increased dramatically on most of the major trade lanes is to take a closer look at where delays are more likely to happen. The extreme need to traverse these nuances has propelled logistics companies to develop new solutions and expand services.