SCMDOJO
APRIL 29, 2024
A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices. It also involves inventory management, order fulfillment, and monitoring stock levels. Transportation: Transportation plays a pivotal role in supply chain management.
SCMDOJO
APRIL 22, 2024
As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Consumers dealt with skyrocketing prices and unprecedented shortages. The price of container freight rates surged while the entire world was having to deal with delays.
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Una
APRIL 23, 2024
Tips for Building an Effective Procurement Data Strategy Robots in Procurement Supplier selection & risk management Think of machine learning as your trusted advisor when it comes to choosing and monitoring suppliers. Then there’s the resource-intensive task of supplier monitoring.
SCMDOJO
JULY 24, 2023
Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.
SCMDOJO
JUNE 6, 2023
Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. Download from the below link.
SCMDOJO
MARCH 19, 2024
Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries. Grab yours now!
Supply Chain Game Changer
MAY 19, 2022
Employers have to offer higher wages to attract in-demand talent, which in turn raises the prices of products. Demand is still high, but employers lack the necessary staff to fulfill them, increasing the lead times. Fuel prices are also rising, increasing the price of goods and shipping prices. Optimize Routes.
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