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Top Takeaways from Coupa Inspire

Logistics Viewpoints

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. The supply chain design solution, for example, continues to grow in depth and usability.

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A Better Way to Think About Integrated Planning

Logistics Viewpoints

OMP provides supply chain planning (SCP) solutions. Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. That variability might be in the areas of manufacturing, distribution, or transportation capacity. Mr. Delbar has a succinct way of describing difficult concepts.

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What is Lead Time? Definition & How to Shorten It

Unleashed

Long lead times can hurt sales and customer retention. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. In this lead time guide: What is lead time?

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Crucial MRP Metrics Every Supply Chain Pro Should Know

SCMDOJO

MRP plays a pivotal role in achieving this balance: Inventory Optimization : MRP ensures that businesses have just the right amount of inventory—neither too much that it leads to increased holding costs, nor too little that it disrupts production. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

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AI This. Not So Fast.

Supply Chain Shaman

” Or, “If you need an answer, implement my solution.” This type of response is just not helpful. Grounded during this pandemic, and unable to interact with clients in person, I try to write 3,000 words a day. Morning after morning, fueled by good black coffee, I type away. ” When this happens, I sigh.

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The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Freight is unique. Cheaper isn’t always better. Data rules.

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Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. retail stores. retail stores.