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How to Use Reference Data to Jumpstart Building Data Models

Logility

A key factor in the success of Logility’s network optimization solution is the use of reference data. At Logility, we believe that using market reference data is more statistically sound than relying on historical data from one customer. Yes, this data is comforting in that it reconciles back to accounting numbers.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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Consumer Goods: A Formula for Service, Speed, & Brand Success

Logility

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

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Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation

Precoro

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. As a part of this due diligence, I interviewed the Company, participated in briefings, and talked to references and employees to write this article. Kinaxis Purchase of Rubikloud.

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What is Retail Software? Types, Benefits, & Features

Unleashed

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?