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Just-In-Time Management – How to Manage Inventory in 2024

ThroughPut

The knowledge from this guide will boost your organization’s operational effectiveness, cutting costs and driving overall financial performance. What is Just-In-Time (JIT) Inventory Management? Successful implementation of JIT also reduces waste and loss by aligning the receipt of goods with the production requirements.

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Unlocking Efficiency with AI in Business Process Automation

Elementum

Accuracy : Reduces the error rate associated with human intervention. Cost Reduction : Cuts operational costs by minimizing manual workload. This automation significantly streamlines operations by reducing manual intervention in routine tasks and ensures both consistency and accuracy across all processes.

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7 Things To Consider For Efficient Spare Parts Management

SCMDOJO

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. In this detailed guide, you’ll delve into the most effective ways to manage spare parts. Ready to enhance your spare parts management?

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Highlights of SAP’s 2024 Sapphire Conference

Supply Chain Matters

Overall Impressions In our published commentaries related to the last two prior annual Sapphire events, we focused upon the progress of company strategy, overall customer messaging and product go-to-market strategies coming together in a more cohesive fashion. That seems rather aspirational.

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Digital Procurement – Pack your bag, you are going on a journey

ivalua

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Here are the top takeaways from that Webinar and from the full research.:

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

While each is different in vendor selected and problem solved, what is common is the depth of modeling and the ability for business leaders to change the model with shifts in business conditions. Initially, the output was published to procurement to design strategic buying strategies. The Emergence of Logistics as Constraint.