Remove 2022 Remove Continuous Improvement Remove Forecasting Remove Procurement
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MRO Inventory: What It Is & The 10 Best Practices to Manage It

Unleashed

Techniques for 2022 What is MRO inventory? MRO inventory can account for a sizeable portion of a business’ total procurement spend. This makes it difficult to monitor consumption precisely and forecast and budget accurately to meet MRO inventory needs. Take a comprehensive approach to MRO inventory procurement.

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What is Lead Time? Definition & How to Shorten It

Unleashed

It includes everything from the procurement of raw materials to production, inventory management, and shipping. How to shorten lead times You can take several strategic actions to shorten lead times and improve overall efficiency in delivering products. Here are a few of the most useful ones. Let’s break down the most common ones.

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10 Must-Read Supply Chain Analytics Books for 2023

SCMDOJO

It takes time to get through, but it is a valuable resource for anyone looking to improve their understanding of change management in the supply chain. It emphasizes the importance of applying a scientific method, including experimentation, observation, and constant questioning, to achieve excellence in demand forecasting.

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The Future of Supplier Management is Here, and it’s Holistic

ivalua

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . Why is Holistic Supplier Management important?

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Freight Delays – What Every Merchant Needs to Know

Ware2Go

Supply chain disruptions like freight delays may continue well beyond this year’s peak holiday shopping season. Learn how to adapt and succeed in 2022 in spite of continued disruptions. Going into 2022, merchants should consider diversifying their supplier base to eliminate single points of failure. A chassis shortage.

Freight 99
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Upgrading your Supply Chain Planning Software to the Cloud: Everything you need to know

Logility

In a 2022 study conducted by Accenture entitled, “ How the cloud boosts supply chain innovation” , they found that 60% of cloud leaders are outperforming their competitors in supply chain transformation. In Logility’s case, the subscription covers a range of services to sustain, monitor, and manage the digital supply chain platform.