Remove Big Data Remove Logistics Remove Procurement Analytics
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Top 12 Most-Read Supply Chain Articles Of SCMDOJO 2024

SCMDOJO

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

Now, retailers can simulate “what-if” scenarios that reveal how different hypothetical tariff-driven cost increases could impact shoppers’ willingness to purchase upcoming SKUs at various price points, and which products’ margins will suffer most as costs fluctuate. He adds that it’s no wonder that only 15% of U.K.

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Celebrating the 40th Anniversary of Supply Chain Management! (Or is that 4,000 years?)

Supply Chain Game Changer

It is not just Procurement, Warehouse Management and Shipping. It started to show up in job titles, functional names, metrics, and processes. The scheduling, logistics, workforce management, materials management, and processes involved are all quintessential “Supply Chain” processes.

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AI-Powered Supply Chains: Building Resilience in a Complicated World

Supply Chain Brain

The large language models that make up search engines will no longer need keyword searches, instead delivering well-articulated answers by using the semantic context of a query. For example, a dispatcher is responsible for purchasing components for pre-production and stocking of two new products.

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Manufacturing Execution Systems: How MES Transforms Production Efficiency

Jaggaer

This latest model is intended to evolve as new technologies and capabilities emerge. Reduced inventory: A manufacturing execution system updates inventory records with new production so that purchasing, shipping, and planning departments always know exactly what material is available. Future Trends in MES Industry 4.0,

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Selling Into the EU? Time to Start Preparing for the Digital Product Passport

Supply Chain Brain

Bowman, SupplyChainBrain The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region. The DPP “represents a significant advance in product transparency and sustainability,” according to an EU report published in September of 2024. “As

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What areas of SCM are best suited for the application of AI?

NC State SCRC

By applying technologies like Generative AI, organizations will be able to drive efficiencies in the way we work that will create trillions of dollars in economic value, by reducing working capital, increasing agility, and reducing waste, while making better decisions based on data and analytics, not on gut feel.