Remove Capacity Remove Freight Remove Procurement Analytics Remove Supplier Management
article thumbnail

From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. AI for supplier relationship assessment. The solution?

article thumbnail

How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. Adapting to the present and future challenges of COVID-19.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Order Fulfilment Explained: Process, Strategies, & Tips

Unleashed

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. Order fulfilment is just one part of the supply chain.

article thumbnail

Blockchain has Potential

Enterra Insights

The dictionary defines potential this way: “having or showing the capacity to become or develop into something in the future.” Sharing information with suppliers. Tracking payment information, such as purchase orders. Managing trade documentation. Verifying and monitoring suppliers. Managing inventory.

article thumbnail

Cost to Serve and Business Profitability

Logistics Bureau

It also takes in aspects of Transport such as speed, utilisation of time and capacity, consolidation and backloads. CTS identifies product and service characteristics as well as customer characteristics to establish customer and product matrices leading to change management of processes and behaviours, with ongoing reporting of CTS.

article thumbnail

How to implement a supply chain management system

Unleashed

Users can choose a fixed implementation plan or a more consultative approach, and scale up as needed with everything from reporting and analytics, shop floor data capture, HR, payroll and hosting available. It also syncs customer and supplier database information across both platforms, simplifying stakeholder management activity. .

article thumbnail

The 10 inventory management trends to watch for in 2022

Unleashed

Inventory analytics goes mainstream. And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses. Accurately plotting costs based on live data. Managing supplier and other vendor relationships in one place. Inventory Analytics.