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Want to Succeed with IBP? Mind Your Metrics

Logility

With global business complexities growing every day, companies must have business processes in place to help manage the trade-offs between the supply and demand sides of their supply chain. The supply chain operations reference (SCOR) model developed by the Association for Supply Chain Management (ASCM) is also a good reference.

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Metrics that Matter: Inventory Effectiveness

QAD

Managing an Inventory Investment. Inventory effectiveness measures the process that delivers the right part to the right place at the right time, while minimizing investment and meeting customer requirements. Inventory Turns: This represents the number of times a company sells and replaces its stock of goods during a given period.

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Effective Asset Management: Navigating the Lifecycle of Physical and Non-Physical Assets

TrackVia

In today’s fast-paced business environment, efficient asset management is crucial for organizations to maximize their resources, minimize operational risks, and enhance long-term sustainability. When running smoothly and efficiently, asset management can help decision makers predict and oversee the life cycle of an asset.

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Top Suppliers of Transportation Execution and Visibility

Logistics Viewpoints

Visibility solutions allow real-time asset tracking across the entire distribution network. This enables improved estimated arrival times of goods. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages.

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Effective Asset Management: Navigating the Lifecycle of Physical and Non-Physical Assets

TrackVia

In today’s fast-paced business environment, efficient asset management is crucial for organizations to maximize their resources, minimize operational risks, and enhance long-term sustainability. When running smoothly and efficiently, asset management can help decision makers predict and oversee the life cycle of an asset.

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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

This involves not only identifying the volume and frequency of shipments but also delving into specific requirements, such as: The advent of Digital Freight Procurement Tools , means users can now compile the above data in a fraction of the time spent previously.

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IoT Benefits for Supply Chain Operations

Enterra Insights

1] Because IoT solutions affect every stage of supply chain operations, all supply chain professionals need to be better informed, not just manufacturing professionals. ” Inventory Management. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. Now, the cobot brings everything to the picker.”