Remove Eliminating Excel in Purchasing Remove Negotiating Skills Remove Transportation
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Top 12 Most-Read Supply Chain Articles Of SCMDOJO 2024

SCMDOJO

Dive into our curated list of the top 12 blogs from 2024 that will elevate your supply chain knowledge and give you a competitive edge. However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management.

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AI-Driven Inventory Management: Reducing Costs and Maximizing Efficiency!

Supply Chain Game Changer

Balancing supply and demand, minimizing carrying costs, and ensuring adequate stock levels are just a few challenges faced by inventory managers. Traditionally, manual inventory management processes were labor-intensive and prone to errors, resulting in inefficient operations and increased costs.

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Retail Supply Chain Management: A Guide

Logistics Bureau

This process is a fundamental part of any retail company, and it’s crucial to its success, as it allows them to respond to changing customer demands, reduce costs and increase profitability. Price; this needs to be competitive. By far the biggest cost is the Cost of Goods or COGS. Often 60-70% of total sales.

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The Role of Centers of Excellence in Supply Chain Transformation

NC State SCRC

Organizations may begin with a COE focused on transactional work around payables and invoices, but which then builds on this capability to engage in more strategic activities over time. A CPO for a transportation manufacturing equipment provider noted: RPA will have a big impact on COEs, especially on the lower end of the system.

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Outsourcing transport and warehousing: How to be Successful

Logistics Bureau

Warehousing and distribution management is nota core skill. Peters and Waterman in their best, sellerIn Search for Excellence identify one of the eight factors of organisational success as sticking to the knitting. In choosing to outsource , firms can therefore transfer all of the costs of distribution to their profit and loss account.

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When ERP Procurement Falls Short and What’s the Alternative?

Precoro

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. It helps manage purchasing, supplier relationships, and order processing while integrating procurement with finance, inventory, and other core business functions.

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What is Just-in-Time Inventory? Streamline Your Supply Chain

Ware2Go

The cost of inefficient inventory management extends beyond storage fees—it impacts cash flow, slows growth, and can damage hard-won customer relationships. This approach reduces excess inventory, minimizes storage costs, and enhances operational efficiency. Even a single stockout can result in permanent customer loss.