Procurement Tactics

JUNE 8, 2023

What is Inventory Management? Inventory management refers to the process of handling a company’s inventory, which includes raw materials, parts, and finished products. Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

SCMDOJO

MAY 30, 2024

Delve deeper into our blogs to see the full journey, from raw materials to your doorstep! This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods. Intrigued by the logistics department? The logistics department is just one piece of the puzzle.

Logistics 98

Logistics Supply Chain Optimization Order Fulfillment Inventory 98

Supply Chain Game Changer

NOVEMBER 24, 2018

Techopedia defines Logistics as, “Logistics management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information , goods and services from origin to destination. ” [link]. ” [link].

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

Supply Chain Game Changer

JUNE 11, 2019

. “Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization Supply chain 105

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. Raw Material Management.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45