Remove Definition Remove Demand Planning Remove Purchasing
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A Detailed Comparison of edX Supply Chain Courses vs. SCMDOJO Academy

SCMDOJO

Pricing Structure Affordable pricing, with annual access to purchased courses and practical resources through Pro Plan. This learning platform covers every angle of supply chain management, from demand planning and inventory management to supplier relationship management, procurement, and logistics.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. So what exactly is the definition of “Supply Chain Management”? And one more definition for good measure: 11.

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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.

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Understanding Make to Stock (MTS): Definitions and Practical Insights | Ecommerce

Finale Inventory

This article covers MTS’s definition, key terms, practical insights, its role in ecommerce, the implementation process, and its advantages and drawbacks. Make to Stock, or MTS, is a production strategy where products are made before they are ordered or demanded. Make to Stock (MTS) is a well-known concept in ecommerce.

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Shortage vs. Surplus: Causes and Definitions

Finale Inventory

It is important for businesses to have a system that predicts the demand they will experience over a certain period of time based on data and trends. However, if the data is inaccurate, it can lead to a business purchasing more inventory than they need, creating a surplus. Finale Inventory Demand Planning.

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This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management

ivalua

It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.

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Leveraging Lean Procurement

Una

Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Taken together, they can give your lean team more time to focus on strategic activities that add value, such as supplier relationship management and long-term planning.