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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Re-imagining inventory management for a new normal

SYSPRO Smarter ERP

Inventory management was moving towards a just-in-time approach until the supply disruptions of the last year. Whatever inventory management methodology is chosen, the realization that supply chains are vulnerable will require a re-assessment of practices and KPIs in order to keep goods flowing in a predictable and manageable way.

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Manufacturing Inventory Management: The Manufacturer’s Guide

Unleashed

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

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Your Must-Have Gartner Debrief: The 4 Key Takeaways from Gartner Supply Chain Symposium/Xpo 2023

ToolsGroup

Balancing Inventory Remains the Key to Customer Service and Profitability Although fast expansion remains a priority for some segments (like medical equipment), many of the supply chain executives we spoke to named inventory levels as their main concern. Define the thresholds and guidelines for actions. We have made it simple.

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10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

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Staying Ahead with Advanced Analytics in Supply Chain Management

Logility

When engaged correctly, advanced analytics can help you: Optimize business decisions related to demand, inventory, production, and distribution Reduce cycle times Gain organizational visibility and increase your bottom line But integrating advanced analytics into your organization isn’t always as simple as grabbing a new piece of software.

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Peak Season Inventory Management and Fulfillment Strategies

Intelligent Audit

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons. Peak Season Inventory Management and Fulfillment Depends on Market Trends.