Logistics Viewpoints
JUNE 29, 2023
It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.
Precoro
MAY 22, 2023
This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.
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GlobalTranz
MAY 2, 2017
Manufacturers have always struggled to obtain the most accurate inventory levels possible. Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality.
GlobalTranz
MAY 25, 2018
The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. If you need help with this transition, Veridian is your one-stop shop.
GlobalTranz
JULY 13, 2015
Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.
Supply Chain Shaman
JUNE 7, 2021
Gartner purchased the firm in 2010.) My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. Companies entered the pandemic with twenty more days of inventory than at the beginning of the great recession. AMR Research was an industry analyst firm in Boston. Reflection.
GlobalTranz
SEPTEMBER 22, 2016
The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. So, why do supply chain managers not take advantage of this data with respect to procurement?
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