Procurement Tactics

JUNE 8, 2023

Just-in-Time (JIT) This is a strategy where inventory is ordered and received just in time for production or customer demand. Economic Order Quantity (EOQ) EOQ is a formula used to calculate the optimal order quantity that minimizes total inventory costs, considering factors like ordering costs, carrying costs, and demand.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

SCMDOJO

FEBRUARY 20, 2023

Whether it’s optimizing routes, improving warehouse efficiency, or leveraging technology to enhance tracking and visibility, Distribution Operations play a critical role in the success of any business that relies on the timely and efficient delivery of goods or services.

Strategy 119

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 119

Finale Inventory

JANUARY 27, 2025

As a crucial component of a comprehensive barcode inventory system , scanning technology enables businesses to maintain real-time visibility of their inventory movements. This instantaneous update ensures that inventory counts remain accurate and shipment tracking stays current, providing visibility throughout the fulfillment process.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Inventory Warehouse operations 52

Supply Chain Game Changer

AUGUST 10, 2021

The form factor is standard issue for the handling, storage and movement of large quantities of goods. The backbone of the Digital Supply Chain of the future is end to end electronic connectivity and real time visibility as to the movement of goods.

Price 98

Price Supply Chain Efficiency Supply chain Supply 98

SCMDOJO

NOVEMBER 24, 2023

A warehouse management system is a software solution that provides transparency and visibility to the entire warehouse operations. WMS is efficient enough to manage Inventories, order fulfillment, and inbound-outbound deliveries of any single warehouse or multi-location warehouse cluster.

Supply Chain Efficiency 96

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 96

Finale Inventory

JULY 9, 2024

Benefits of Efficient Purchase Order Creation Efficient creation of purchase orders brings numerous benefits to your ecommerce business. It helps prevent overstocking or understocking of inventory by providing you with accurate information on the quantities needed.

Purchase orders 52

Purchase orders Purchasing Inventory Real-time Visibility 52

World of Procurement blog

MAY 8, 2024

Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. It improves product availability and order fulfillment rates. Customers receive orders on-time without backlogs. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40