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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Moreover, inventory movement is vital in optimizing a company’s success, as this sector plays a prominent role in transferring, shipping, and adjusting the flow of received products. When transparency occurs in all aspects, it empowers a firm decision and helps prevent stock from being stocked out or excessively stocked.

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Supply Chain Forecasting — Everything You Should Know

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

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Supply Chain Department – A Typical Structure

SCMDOJO

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

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How to Invest to Make Your Supply Chain More Efficient!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Make your Supply Chain more efficient article and permission to publish here provided by Alejandro Carrera. 7 Ways to Make Your Supply Chain More Efficient. Subscribe Here!

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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

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10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. So sticking to simple methods always yield better results.

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Category Management in Procurement: A Comprehensive Overview & Best Practices

SCMDOJO

It involves segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Using category management software is ideal as it creates visibility and efficient management. A high level of spend in one category (e.g.