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Develop a Stocking Policy

Demand Solutions

Should you continue stocking it in 2015? And that leads me to the point of this article: your company needs a clearly defined stocking policy that guides decisions like these. If you’re serious about reducing inventory, you need a stocking policy that you can put down on paper and refer to throughout the year. Extra inventory.

Policies 100
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This Week in Logistics News (December 7-11, 2015)

Talking Logistics

MercuryGate extends invoicing and document management solution with HubTran integration. SAP Launches Enhanced Supply Chain Execution Software for Faster Logistics Planning. HighJump Partners with Advantage2Retail to Bring Best-of-Breed Warehousing Software to Retailers. SMC³ Unveils New Version of BatchMark XL Analysis Tool.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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The Top 15 Retail Trends for 2022

ToolsGroup

Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. Shoppers are also less likely to have the hassle of returns, thanks to the ability to see, test, and try-on products before purchasing them. Data source: eMarketer. What exactly are people shopping for online?

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Biggest Challenges Being Faced In Procurement Today

CormSquare

But the question is, what are the other main challenges in procurement being faced today? This survey was done on 324 senior procurement lea ders fr om 33 countries offering a deep insight into current procurement preoccupations. There is plenty to worry about. Cost Reduction. This level is higher than the previous year, 69%.

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You Can’t Spell Agriculture without AI

Enterra Insights

Industrial nations built factories and furnished farms with new mechanical tools and systems that were very different from those used in the agrarian era: tractors, steam powered engines, the railroad, telegraph, and much more formed the basis of modern society and business.” The Benefits of AI in Agriculture. ”[5]. Footnotes. [1]

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SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

How will the policy be executed? I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. My journey to understand SanDisk started in June 2015.