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What is Supply Chain Management? A Guide to Success

SCMDOJO

Logistics and Transportation: Logistics and transportation play a crucial role in ensuring the smooth flow of goods from suppliers to customers. Transportation and Logistics: Managing transportation logistics, especially in global supply chains, can be complex and costly.

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

World of Procurement blog

Effective supply chain management (SCM) provides numerous benefits: Increased Profitability Efficient SCM reduces costs associated with production, inventory holding, transportation, and logistics. Optimized supply chains lead to improved profit margins. Logistics coordination and shipping optimization are vital.

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Digital Transformation Journey in Supply Chain Planning

Solvoyo

The goal of digital transformation in supply chain planning functions is to create a Digital Twin that is the digital replica of the supply chain. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them.

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How Cognitive Learning Changes the Game in Supply Chain

Solvoyo

Long-term visibility on excess or unproductive inventory: This will enable forecast accuracy improvements over time. It has been estimated that by 2020, 50% of all business analytics software will incorporate cognitive computing functionality in order to deliver business growth and remain competitive in today’s world.