article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Let’s delve into this emerging concept.

article thumbnail

The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. What is the Difference Between Supply Chain Analytics and Supply Chain Management? It is an essential element of supply chain management.

article thumbnail

This Week in Supply Chain Tech January 23, 2024

Supply Chain Matters

The modules announced as general availability were Supply Planning , software that supports accurately forecasting and planning purchases of raw materials, components and finished goods as well as improve in-stock rates across the extended supply network. AWS Supply Chain N-Tier Visibility is now available to customers in US East (N.

article thumbnail

Multi Currency ERP for Small Businesses – EMERGE App

EMERGE App

As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. Hence, it’s no surprise that Asia’s share of world trade is increasing rapidly. In 2003 two of the top 10 trading nations were from Asia. Purchase Orders.

article thumbnail

The Hidden Costs of Ghost Inventory: What You Need to Know

ShipBob

Often, the items accounted for in the asset register do not reconcile with what is in the inventory. And this data discrepancy is because of poor inventory management and tracking. Ultimately, it results in struggles with business spending, purchasing, and productivity. What is ghost inventory?

article thumbnail

Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.