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Just-in-Time vs. Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock.

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Leverage Technology and People in a Time of Supply Chain Disruptions 

Logility

Supply chain disruptions. Will this sort of supply chain ever become a reality? But algorithms won’t solve every problem, and a sophisticated demand forecasting system isn’t much use if humans ignore its outputs. Human ingenuity is a major factor in handling supply chain disruptions successfully.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

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New Inventory Visibility and Collaboration Capabilities Enhance Ivalua’s Procure-to-Pay Solution

ivalua

Helping businesses reduce the risk of supply chain disruption, optimize inventory levels and make better buying decisions. Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability.

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How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

Technology designed for manufacturers, such as ERP systems , provides organisations with improved visibility of the reliable local suppliers and their supply chains. Shorter supply chains with more local sourcing if possible are now becoming preferable because the more links in the chain, the more potential for a weak link.

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Just-in-Time vs Just-in-Case Procurement During Supply Chain Disruption

Ware2Go

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. What is just-in-time procurement? What is just-in-case procurement? Disadvantages.

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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

While these solutions all utilize predictive AI, they rely on different models, including regression models, time series forecasting, classification models, clustering models, recommendation models, and simulation models. This also frees up the company’s human experts so they can focus on developing more effective supply strategies.

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