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The Role of Supply Chain Planning in Today’s Complex Business Environment

Logistics Viewpoints

Supply Chain Planning (SCP) is a critical component of Supply Chain Management (SCM), starting with the accurate forecasting of customer demand. Key responsibilities include supporting continuous improvement, increasing velocity, and always seeking new technologies that could improve processes.

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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

In many organizations, procurement also plays a critical role in ESG compliance, innovation sourcing, and maintaining business continuity during supply disruptions. Supply Chain Management (SCM) involves orchestrating a product’s or service’s entire lifecycle, from sourcing and production to delivery. What Is Procurement?

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Strategies and Tips for Building a Modern Manufacturing Tech Stack

Arena Solutions

In the case of manufacturing, a tech stack typically includes product lifecycle management (PLM) , quality management system (QMS) , enterprise resource planning (ERP) , customer relationship management (CRM) , supply chain management (SCM) , manufacturing execution systems (MES) , and other platforms.

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6 UX Trends Shaping the Future of Supply Chain Technology

IT Supply Chain

Feedback tools integrated into software applications allow users to report issues, suggest improvements, or rate their experiences in real-time. Real-time feedback fosters a culture of continuous improvement within organizations.

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Why Manufacturing Collaboration is Key to Growth

IQMS

However, 60% of those with excellent collaboration also rely on supply chain management (SCM) versus just 33% of others. The top three best practices identified by respondents here are performance management systems (43%), quality certifications (42%), and continuous improvement programs (40%).

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2023 Manufacturing Trends: Top Priorities for Taking Control of Operations

IQMS

In the back office, manufacturers are combining information from their ERP system’s inventory, supply chain management (SCM), and pricing modules to automatically adjust customer prices to materials costs, preserving margins. They can also offer deals that save customers money while maximizing production capacity and available inventory.

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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.