Remove Inventory Remove Procurement Analytics Remove Supplier Management Remove Transportation
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How to Navigate ESG Risk with Supplier Management Software

QAD

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market. The International Labor Organization reports that 27.6

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Using Analytics to Measure S&OP Effectiveness

Silvon Software

A Few Important KPIs for Tracking S&OP Performance As a long-time provider of business intelligence applications for manufacturing and distribution businesses, Silvon has played a key role in helping our clients define and implement performance metrics that align their S&OP initiatives with their corporate goals. logistics firms).

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable.

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Sourcing and Procurement: One but Not the Same

Precoro

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. Creates vendor and supplier relations.

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Eliminate the Bullwhip Effect – Communicate with Your Suppliers

QAD

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Price fluctuations and discounts resulting in increased purchases. Integrated Supplier Management. Causes of the Bullwhip Effect.

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The Importance of Visibility In the Supply Chain

Precoro

On the other hand, a software development company wouldn’t need to purchase raw materials but rather goods – such as hardware – and services, like software subscriptions. By keeping track of all supply chain components, responsible officers can access comprehensive information on any order from the supplier and any shipment to the customer.

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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. Inventory pile-ups. AI for supplier relationship assessment. The solution?