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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

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Can Coupa (and its procurement suite peers) manage supply as well as spend?

Spend Matters

But can they transcend the business spend management sphere and really go beyond indirect spend management support into the realm of supply [chain] management beyond some of the “basics” (e.g., For example, can they manage n-tier supply risk (or at least supplier risk)? Can they optimize purchased inventory?

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond. Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. So why wait?

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. You need to integrate your supply chain management systems to meet this demand. billion operational IoT devices by 2030.

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Digital Twin is an old idea – just new to supply chain

Solvoyo

A digital twin should enable a thorough evaluation of strategic and tactical options for a supply chain, e.g., network design, strategic sourcing through bids, transportation purchasing, seasonal build-ahead options, seasonal assortment options, etc. Enables representation of operational processes.

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Intelligent Distributed Order Management: The Answer to Omnichannel Fulfillment Challenges

Solvoyo

Online shopping has become the easiest way to purchase goods, both for individual customers and businesses. Through Distributed Order Management, companies now have more options to fulfill customer orders from online and in-store transactions and improve customer satisfaction and inventory productivity. How to implement DOM?