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Beware the Swinging Pendulum on Supply Chain Inventory Practices

Logistics Viewpoints

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

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Better Ways to Address Trade-Offs with Supply Chain Optimization

Logistics Viewpoints

Malcolm McLean, a trucker from North Carolina, was tired of waiting. Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines. Work planners previously did manually can be calculated by software.

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What Lessons a Table Fable Teaches About Supply Chain Orchestration

Logistics Viewpoints

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! The issue wasn’t poor planning – they had the inventory. I should have known better. I work in supply chain. What was the problem?

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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

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How to implement a supply chain management system

Unleashed

Supply chain management systems are tools that integrate every element of a company’s supply chain to help it become more efficient, effective, and profitable. This is done either with on-premise software, through the cloud, or using a hybrid of both. . This is why a good SCM tool is so important. Cloud-based software.

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7 Hospital Inventory Management Techniques to Reduce Costs

AFFLINK

Proper hospital inventory management can be tricky: administrators and healthcare supply chain professionals must make sure their facilities have enough product to meet demand from doctors and nurses, but not too much that it negatively impacts the hospital’s budget or takes up too much space. Does your current software offer a solution?

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ERP Sustains Manufacturing during COVID-19

IQMS

However, the extensive reliance on ERP solutions to maintain widespread, fundamental business continuity, as we are seeing today, has never been experienced on such a large scale. Modern ERP solutions have even minimized the need to have IT professionals onsite since many of today’s solutions are hosted or managed in the cloud.