Logistics Viewpoints
DECEMBER 15, 2022
There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most.
Supply Chain Opz
MARCH 31, 2015
What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Background Historically, purchasing people are considered a kind of clerical workers who are expected to perform basic tasks such as document issuance and price negotiation.
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Logistics Viewpoints
JUNE 1, 2023
This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Due to the workforce layoffs, consumers have less disposable income.
Logistics Viewpoints
SEPTEMBER 20, 2022
This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes. Yosun holds B.S.
Supply Chain Opz
NOVEMBER 12, 2016
Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. In supply chain management area, most industry publications create the ranking based on the input from readers then editorial team makes a final decision which is a bit subjective.
Logistics Viewpoints
MARCH 4, 2021
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. The First Step: Bring all the data together and ensure analytics and planning can happen on the same platform. . Accurate and timely reconciliation of purchase orders with receipts.
Logility
JUNE 28, 2017
Read More: eBook: The Inventory Optimization Handbook ). A supply chain planning system receives forecasts and plans the purchase of materials, production, inventory placement and delivery to customers. Aligning and integrating key performance metrics across the extended supply chain is difficult.
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