Remove Eliminating Excel in Purchasing Remove Metrics Remove Supplier Management Remove Warehousing
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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

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Vendor vs. Supplier: how to Distinguish and Manage

Precoro

Suppliers are placed at the supply chain's beginning and provide goods or services to the companies for further processing. Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Tips for Building Quality Relationships with Vendors and Suppliers.

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Vendor Managed Inventory (VMI) Explained

Taulia

As buyers source components from several suppliers, they often implement a VMI program at a third-party warehouse near the production or assembly location. Suppliers are then required to hold approved goods until the buyer requests delivery. Suppliers also have their own balance sheet metrics to worry about.

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From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. AI for supplier relationship assessment. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights.

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Solving the Procurement Data Dilemma: Using supplier data to drive successful relationships

HICX Solutions

Richard points out, “If you’re talking about a very small organization, a small medium enterprise, with a limited number of suppliers, it sounds awful, but you may get away with just a good, well thought-out Excel spreadsheet.”. It is therefore key that these are taken into account and monitored as part of the procurement function.

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Xero Inventory Software: Read This Before You Invest

Unleashed

Xero’s native inventory features include: Track up to 4000 stock items Enter and review stock quantities Add items to an invoice You can use this information in conjunction with Xero’s regular accounting suite to compare different financial metrics. But as customers purchase products, those levels need to shrink again.

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Solving the Procurement Data Dilemma: Using supplier data to drive successful relationships

HICX Solutions

Richard points out, “If you’re talking about a very small organization, a small medium enterprise, with a limited number of suppliers, it sounds awful, but you may get away with just a good, well thought-out Excel spreadsheet.”. It is therefore key that these are taken into account and monitored as part of the procurement function.