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How to Use Information Technology in Supply Chain Management

EC Sourcing Group

The supply chain consists of procurement , production, packaging, warehousing, shipping, risk management , delivery, among others. Inventory management. You want the ability to be able to manage your inventory, which includes your stocked parts, raw materials, and spare parts, along with your asset management. Return management.

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Manufacturing Quality Issue Turns into a Huge Success Story for Procurement

EC Sourcing Group

The issue began when the producer received bottles with defects that prevented them from shipping the product. Agreed to Net 45 payment terms based on inventory pull – the company had previously paid 50% six months in advance for each order. The manufacturer made several attempts to rectify the issues but were unsuccessful.