Remove Freight Remove Procurement Analytics Remove Supplier Management Remove Warehousing
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From Predictions to Operations: Compelling Supply Chain AI Use Cases

ThroughPut

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. AI for supplier relationship assessment. The solution? All of this at the best price.

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Order Fulfilment Explained: Process, Strategies, & Tips

Unleashed

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. This leads to cost savings and improves overall operational efficiency.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. Adapting to the present and future challenges of COVID-19. pic.twitter.com/T8B9C8bbi9.

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Cost to Serve and Business Profitability

Logistics Bureau

CTS identifies product and service characteristics as well as customer characteristics to establish customer and product matrices leading to change management of processes and behaviours, with ongoing reporting of CTS. These hospitals purchase between 4000 and 7000 different supply items. CTS requires commitment. Best Regards.

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The Digital Supply Chain needs to be a Smart Supply Chain

Enterra Insights

It largely relates to material master, supplier master, customer identities, product material specifications, etc.” ” Transactional data : “Post-business-process information such as purchasing inventory records or sales volumes by region.” ” That’s where artificial intelligence enters the picture.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. Because they are focused on ironing out weaknesses in the supply chain, a 4PL partner can help minimise costs by finding the best solutions for the lowest price.

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The 10 inventory management trends to watch for in 2022

Unleashed

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Multi-warehousing efficiencies. Inventory analytics goes mainstream. Warehouse automation. Accurately plotting costs based on live data. The benefits of multiple warehouses.