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RFID in the Supply Chain: Fizzling Technology or the Future of Effective SCM?

GlobalTranz

More recently, with the rise of interconnected systems, the analytics to derive value from those systems seems, and decreased costs, RFID is resurrecting as a solution for increasing supply chain management (SCM), visibility into processes, and reducing inventory tracking costs. Active Versus Passive RFID Tags in SCM.

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What is Supply Chain Management? How to Recognize and Approach SCM Risks

ShipBob

Unfortunately, since your data typically comes from multiple sources, it’s easy for the information to be either incomplete or inaccurate. Supply and product quality complaints There are a lot of risks that can occur during product sourcing. It also means you might be unable to source enough inventory on time to meet consumer demand.

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Omni-Channel Logistics Leaders: The Importance of Real-Time Inventory Visibility

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: Top 5 Inventory Insights ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada.

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Your Complete Guide to Modern Supply Chain Management

Oracle SCM

Legacy SCM systems are linear and siloed which doesn’t allow for fluidity of the ever changing demand. Businesses who adopt modern, cloud based SCM Systems are able to have deeper visibility and more precise control of their supply. Partner with Oracle today to find your Pathway to SCM Success. Demand-driven. Intelligent.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

link] The Importance of Adapting Supply Chains and Omnichannel Supply Chain Customers now anticipate a smooth experience across channels like online marketplaces, social media platforms, or physical stores. Having clear visibility into inventory is critical for omnichannel fulfilment.

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Understanding Supply Chain Management

SupplyPike

Supply Chain Management (SCM) is a systematic and controlled procurement operation. SCM performance directly impacts an organization’s general performance. Also, as offshoring makes modern supply chains more complicated, multi-channel distribution and global marketplace emphasize on the importance of SCM.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. According to a paper by Len Prokopets and Ramin Tabibzadeh from Archstone Consulting , initial sourcing transactions can yield a 5% savings.