article thumbnail

How Artificial Intelligence is Boosting Supply Chain Performance

Logistics Bureau

Adding artificial intelligence into TMS systems allows operators to mine a trove of additional data, such as weather conditions and traffic congestion, to improve performance even further. Warehouse Management Systems. Procurement Communications. Making pick-to-light warehouse systems more efficient.

article thumbnail

A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Department – A Typical Structure

SCMDOJO

The Purpose of the Supply Chain Department The supply chain department plays a crucial role in ensuring the smooth flow of goods and services from the point of origin to the point of consumption. Watch What is Marketing Procurement? Why do you need a structured Supply Chain Department? Grab yours now!

article thumbnail

Track the Supply Chain Metrics that Really Matter

Precoro

A transparent and well-controlled supply chain plays a crucial role in a company’s success. To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly.

article thumbnail

6 Supply Chain Tools Which Will Save You 30 Hours

SCMDOJO

With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.

article thumbnail

Supporting S&OP with Stakeholder & Supply Chain KPIs

Silvon Software

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply Chain-Focused KPIs Beyond stakeholder-focused KPIs, many companies focus on “flow of materials” to help evaluate the efficiency, effectiveness, and performance of the end-to-end supply chain operations.

S&OP 93
article thumbnail

10 Inventory Control Techniques That Are Evergreen

SCMDOJO

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.