Remove 2001 Remove Information Remove Inventory Remove Manufacturing Procurement
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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

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ZF’s Transition from Lean to Supply Chain Resilience

Logistics Viewpoints

Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. The ZF supply chain is complex.

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E-commerce and the Digital Path to Purchase

Enterra Insights

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. ”[2].

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Supply Chain KPIs You’ll Want Every Morning

Logility

in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Best for Type.

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Vendor Managed Inventory? Think twice and consider the risks!

Supply Chain View from the Field

Historically, businesses have used one of two extremes for inventory management: push-based or pull-based. Push-based inventory management uses demand forecast to manage inventory and replenish from the supply base. The pull-based method relies on the ability to replenish the “pulled” demand.

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The worst Supply Chain practices must be confessed and not only by constraint

KEPLER Consulting

1/ Managing the quality of information. Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . One of the most common bottlenecks in supply chain management and burdensome processes (purchasing, procurement, preparation, etc.) 3/ Workflow Management.

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How Your Business Can Survive (And Even Thrive) in a Recession

Unleashed

Review existing inventory management systems. Fewer than 30% of businesses that lost market share in the downturn of 2001 were able to regain their positions, according to the Bain study. For a more detailed guide on how to pick the best inventory management software for your business, check out our comprehensive guide.