article thumbnail

What is Supply Chain Management? A Guide to Success

SCMDOJO

Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey.

article thumbnail

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

GlobalTranz

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, data integrity is vital.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Accelerate your Supply Chain Management at Oracle OpenWorld 2019

Oracle SCM

By Evelyn Tao , Product Marketing Manager, Oracle SCM. For our current Oracle SCM Cloud Customers, we will also be hosting an exclusive SCM Focus Group where we will be discussing your transformation to the cloud and diving into how transformational tech is helping to build more predictive and agile business operations.

article thumbnail

Kickstart Your Machine Learning Investment with These 3 Initiatives

Logility

Supply Chain Optimization: Another high-value opportunity of ML is continually analyzing the state of your digital supply chain and automatically tuning planning parameters to meet customer requirements while maximizing company objectives. Data warehousing for consistent, harmonized and managed data across your entire supply chain.

article thumbnail

Fueling Success: Career in Supply Chain Guide

SCMDOJO

Learn Technical Competencies In the realm of Supply Chain Management (SCM), technical competencies form the bedrock of effective professional performance. As the global demands on supply chains intensify, SCM professionals must continuously cultivate new skills and refine existing ones.

article thumbnail

5 Strategies For Improving Distribution Operations: An Essential Guide

SCMDOJO

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Companies must continually evaluate their Distribution Operations to identify areas for improvement and stay competitive in the ever-changing business landscape.

article thumbnail

Manufacturers Should Focus on This Most Critical Component for Manufacturing Operations Excellence

GlobalTranz

It added Marketing Management, Sales Management, Customer Relationship Management (CRM), Financial Management, Human Resources, Supply Chain Management, Warehousing, and Logistics and/or Distribution. Eventually each department had sophisticated, tailor made it systems: SCM=Supply Chain Management. WMS= Warehouse Management System.