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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. For context, let’s call him Dave.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Dwell times grow as more and more ships sit in the ocean waiting to unload. In addition, build a planning master data management system.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

The report further indicated that Anthropic has committed to spend upwards of $4 billion on Amazon’s various Cloud infrastructure, data management software applications or custom graphics processor chips over the next five years. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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Requis Visibility Software Optimizes Materials Management

Requis

Material inventories, purchasing contracts, and shipping timelines – all of these factors play a critical role in controlling inventory costs. Requis’ latest development, Asset Visibility, resolves inventory and surplus management problems, and addresses procurement needs.

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The Bill of Materials (BOM) Beginners Guide!

Supply Chain Game Changer

What is Product (or Master) Data Management? Procurement method – you will need to detail how you procure each part in the production process. Providing the procurement method will allow you to plan your requirements and workflows for the production process more efficiently. Subscribe Here! Email Address.

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How AI is transforming manufacturing Part 2: Inventory management

SYSPRO Smarter ERP

As a result, when ordering a component, it may have to be shipped from one end to the other. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices. Inventory management in the supply chain.

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

Regular Auditing/Cycle Counting: Maintain accuracy through regular audits, ensuring precision in inventory data management and responding promptly to any discrepancies. Inventory Management and Control Report: Make a report to control your inventory using a simple Traffic Light Color system.