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What is Enterprise Resource Planning (ERP)?

ThroughPut

An Enterprise Resource Planning (ERP) system is a suite of integrated software applications that helps organizations manage and automate their core business processes. In this article, we’ll dive deeper into what ERP software does and the specific benefits it can provide to organizations.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) Understanding this relationship requires modeling. (A A Case Study.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. To ensure successful integration, they should create a plan with timelines, resources, and evaluation metrics (refer Figure 2).

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Avoiding Dead-end Streets As We Build the Future of Supply Chain Planning

Supply Chain Shaman

So, if you are attempting to implement a control tower project, please don’t waste your money or resources. Here are some articles to read. For additional reading check out this article.) Instead, I find most are visibility projects without clarity on how to tie improved visibility to enterprise processes.

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The Future Of The Supply Chain Starts With Sustainability.

The Logistics & Supply Chain Management Society

Feature Article by Blume Global. While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced.

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Supply Chain Department – A Typical Structure

SCMDOJO

This article describes a streamlined supply chain department, ultimately leading to increased productivity and profitability. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Analyze performance metrics and implement improvements to enhance efficiency.