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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started?

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Warehouse Management Analytics!

Supply Chain Game Changer

Warehouse Fulfillment – Move The Material To The People, Not The Other Way Around! The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders?

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What is GMROI, and What Does it Mean for Your Retail Inventory?

ShipBob

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory.

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How To Measure & Improve Receiving Efficiency

Unleashed

Creating efficient warehousing processes can result in less downtime, lower running costs, and better customer service. Here, we’ll talk about what receiving efficiency is, how to measure it using warehousing metrics, and cover a few different ways to optimise your inward goods process.

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Freight Data Trends for 2019 and How a TMS Will Grow in Value

GlobalTranz

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

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How to Manage Supply Chains as a Manufacturer with Automation and AI

Locus Robotics

Some fulfillment warehouses even use robots to pick and pack customer orders. AI and ML can be applied to inventory management, demand forecasting, freight route planning, and much more. RFID is best suited to tracking goods within relatively short distances, so its best uses are within a factory, warehouse, or distribution center.

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What is Supply Chain Resilience?

GlobalTranz

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen.