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Types of Supply Chain Reports: Definition and Benefits

SCMDOJO

Forecasting lead times: Using historical data to forecast future lead times and improve demand planning. Risk mitigation strategies: Developing and implementing strategies to mitigate the impact of identified risks, such as diversifying suppliers, building inventory buffers, and investing in supply chain visibility technologies.

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What’s the Difference Between Freight Management and Logistics Management?

Supply Chain Game Changer

” The simplest, but most relevant definition, comes from itxsolutions.com and states that “ Freight management is the process of overseeing the transportation of freight.” ” That is the definition in a nutshell. But what activities are thus considered to be a part of Freight Management?

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Strategies for Embracing the Internet of Things

Supply Chain Brain

structure, including its enterprise resource planning (ERP) system. By definition, the IoT means access to a wealth of data — along with the possibility of being inundated with it. However a company begins to adopt IoT devices, they will need to be integrated into the organization’s existing I.T.