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What is Supply Chain Management? Importance & Benefits

QAD

Supply chain management (SCM) is essential to any business strategy. Supply chain management is never boring, and there’s always more to learn. What is a Supply Chain? Simply put, a supply chain controls the flow of raw materials and goods. What is Supply Chain Management?

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6 Things to Consider in ERP Software Selection for Supply Chain Management

OptiProERP

Enterprise Resource Planning (ERP) solutions are now a dime a dozen. It’s for this reason that careful attention is needed when selecting the right ERP software for your specific business requirements. There are several options of software solutions to meet your supply chain management needs.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

To achieve this the customer shares information on sales and product needs with the supplier, who is then able to ensure the correct amount of inventory is supplied. VMI creates efficiencies in the supply chain as it ensures data from sales is a key part of the inventory management system.

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ERP for process manufacturing

SYSPRO Smarter ERP

While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. Each day these manufacturers manage complex supply chains , carry out highly precise production, and must negotiate a raft of regulations.

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Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022

Locus

What is also real is the impact it has on supply chains. In fact, it will not be a stretch to say that climate change is currently the biggest threat that global supply chains are facing today and is responsible for shortages and disruptions in several industries. Three stages of building a sustainable supply chain.

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Advantages and Pitfalls of Push and Pull Strategies in Distribution Networks

Kinaxis

by Iman Niroomand What’s driving your supply chain – immediate consumer demand or future projections? A truly customer-oriented supply chain strives to fulfill the customers’ demands on-time. That’s how long the entire process would take to go from procurement, to manufacturing, to delivery.

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Podcast: the Daniel Stanton Interview

Requis

In episode 2 of our new podcast, Supply Chain Next, we were fortunate enough to get an interview with Daniel Stanton. He is a LinkedIn Learning Instructor and the author of Supply Chain Management For Dummies. He is also a graduate of the Supply Chain Management program at MIT’s Center for Transportation and Logistics.