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6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance.

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Inventory Management – The Essential Guide for 2024

ThroughPut

Start reading to find out how to optimize your inventory processes, reduce costs, and enhance operational efficiency in 2024. This involves balancing the costs of ordering and holding inventory with the benefits of having stock available to meet customer needs. Let’s jump in. What Is Inventory Management?

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A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

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How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. This reduces overhead while reducing costs and issues experienced by the consumers.

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The State of Supply Chain Trends Part II: AI, Procurement, & the New Lean

GlobalTranz

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. The need for more raw materials is echoed by Nishith Rastogi of Entrepreneur Media as more products are tossed out in favor of the next best thing. New markets are emerging in the global economy daily.

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Top 3 challenges facing manufacturers and how to overcome them

SYSPRO Smarter ERP

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. We live in a time where we can purchase almost anything with a click of a button. With the rise of digital transformation manufacturers can use ERP to implement their e-commerce strategies.