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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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7 Strategies to Improve Your Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management.

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The missing link: Why visibility is essential to creating a resilient supply chain

IBM Supply Chain Blog

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.

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2023 supply chain and logistics management trends

EazyStock

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. You can read more about demand forecasting techniques in our article.

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2023 supply chain and logistics management trends

EazyStock

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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Inventory Carrying Cost: What It Is, How to Calculate It and How to Reduce It

FourKites

This is one of the most abstract costs associated with carrying inventory, and will vary widely based on the nature and quantity of items you keep in storage. Learn more about the ROI of Real-Time Transportation Visibility. Below are some of the most common carrying costs faced by merchants at all levels of the supply chain: Insurance.