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What is Supply Chain Management? A Guide to Success

SCMDOJO

Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey.

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Is There a Third Option for SCM Executives Looking to Revamp their Supply Chain Management Operations?

Kinaxis

Consulting firms deliver strategy and process improvements, but leave the customer to execute and sustain the new process, while software companies sell new supply chain capabilities without executing and driving its adoption. Is SCM a Core Competency? The answer is evident almost immediately when discussing SCM with these firms.

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Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

GlobalTranz

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

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Fueling Success: Career in Supply Chain Guide

SCMDOJO

Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Learn Technical Competencies In the realm of Supply Chain Management (SCM), technical competencies form the bedrock of effective professional performance.

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5 Strategies For Improving Distribution Operations: An Essential Guide

SCMDOJO

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Conduct an Operational Assessment The first step in boosting the performance of your distribution operations is to assess your current processes and identify areas for improvement.

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What Exactly Is Reverse Logistics?

Supply Chain Game Changer

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. But once explained the phrase Reverse Logistics made sense.

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Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

Depending on the chosen manufacturing strategy (Make to Stock, Assemble to Order, Make to Order, or Engineer to Order), the delivery lead time may vary as follows: Access our blog “6 Reasons Why It Is Important to Understand Expected Customer Lead Time” at our website SCM DOJO! Cost Savings: Reduction in inventory holding costs.