Sun.Aug 04, 2024

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Embrace Uncertainty and Complexity with Decision Intelligence

Supply Chain Brain

With the rise of AI-driven approaches like decision intelligence, companies can invest in the necessary tools not only to keep up, but to thrive in an increasingly complex economy.

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Best Inventory Audit Practices for Finale Inventory: Tips for Optimal Inventory Management | Ecommerce

Finale Inventory

Inventory management is a key component of running a successful business, particularly in the ecommerce sector. To achieve accurate and efficient inventory management, it is important to adopt effective inventory audit practices. This article discusses the best practices for conducting inventory audits using Finale Inventory, a comprehensive inventory management solution for ecommerce businesses.

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Building the Automation Framework

Supply Chain Brain

An accelerated and autonomous supply chain adapts and reacts by providing visibility across systems, streamlining workflows, eliminating silos, and enabling autonomous disruption management.

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Effective Strategies for Managing a Fleet of Company Vehicles with Finale Inventory | Ecommerce

Finale Inventory

Managing a fleet of company vehicles is a key element of running a successful ecommerce business. With the expansion of online shopping and the growing demand for efficient logistics, having effective fleet management strategies is increasingly important. This article highlights the significance of fleet management in ecommerce and how Finale Inventory can enhance your operations and improve fleet efficiency.

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Load Optimization: A Sustainable Way To Reduce Transportation Costs

Discover strategies to optimize load building and achieve significant transportation cost savings. Plus, learn how load optimization can help reduce CO 2 emissions and align with climate regulations and consumer expectations. Finally, discover best practices for sustainable load optimization.

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100 Great Supply Chain Partners 2024

Supply Chain Brain

The latest supply-chain news, analysis, trends and tools for executives in the supply chain management industry.

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RFID vs. NFC: Understanding the Key Differences | Ecommerce

Finale Inventory

In technology, RFID (Radio Frequency Identification) and NFC (Near Field Communication) are terms often used interchangeably. While they share similarities, there are distinct differences between them. Understanding these differences is important for businesses looking to implement these technologies in their ecommerce operations. This article examines RFID and NFC, how they function, their differences, and their role in improving the ecommerce experience.

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Setting Up a Construction Tool Crib: A Detailed Guide for Professionals | Ecommerce

Finale Inventory

In the construction industry, having a well-organized tool crib is vital for smooth and efficient operations. A tool crib is a designated area where construction tools, equipment, and supplies are stored and managed. It acts as a central hub where workers can easily access the tools they need, ensuring that projects are completed on time and within budget.

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How Voice Technology Opened Doors for Peak Productivity at American Woodmark

Supply Chain Brain

Not only do current workers perform better with voice, but new employees get up to speed much faster because the voice training process is tailored to their specific voice, and uses intuitive voice dialogue.

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Effective Strategies for Tracking Raw Materials in Your Inventory System | Ecommerce

Finale Inventory

In the competitive landscape of ecommerce, effective inventory management is key to success. One important aspect of inventory management is tracking raw materials. Raw materials are the foundation of your products, and accurately tracking them in your inventory system is vital for maintaining optimal production levels and meeting customer demands. This article covers the significance of tracking raw materials in ecommerce and outlines strategies to address challenges and enhance your business.

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Supply Chain Strategy Meets Real Estate Advisory

Supply Chain Brain

With leases on its customization and distribution facilities set to expire, TaylorMade considered it timely to assess its distribution network.

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Autonomous AI Agents Are the Future of Procurement and Supply Chain Operations

As early as next year, procurement and supply chain operations will begin to adopt AI agents, often called “agentic AI,” to work alongside employees to make and execute decisions with precision across procurement and even the most complex global supply chains. Unlike LLM-based generative AI tools such as ChatGPT, these AI agents do not require prompts from humans.

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Effective Equipment Maintenance Tracking: Downloadable Template for Success | Ecommerce

Finale Inventory

In the fast-paced realm of ecommerce, maintaining efficient operations is key to staying competitive. One often overlooked aspect is equipment maintenance. Ignoring this can lead to costly downtime, reduced productivity, and safety risks. A downloadable equipment maintenance tracking template can be a useful tool for addressing this challenge. Understanding the Importance of Equipment Maintenance in Ecommerce Before exploring the benefits of a downloadable template for equipment maintenance, it&

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Putting the Pieces Together: Blue Diamond Embraces the SAP Ecosystem

Supply Chain Brain

How does a company acquire all of the software it needs to run a digitized global supply chain with end-to-end control? One piece at a time.

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Using Barcodes in Manufacturing: A Guide by Finale Inventory | Ecommerce

Finale Inventory

Barcodes are a powerful tool in the manufacturing sector, transforming how products are tracked, managed, and distributed. Their ability to streamline operations and minimize errors makes them indispensable for any manufacturing business. This guide covers the fundamentals of barcodes, their advantages, and how to effectively implement barcode systems in manufacturing.

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U.S. Leads Inaugural Indo-Pac Supply Chain Resilience Meetings

Supply Chain Brain

The agreement, which came into force in February 2024, aims to facilitate closer cooperation among the 14 IPEF partners.

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Freight Procurement Simplified: Bids from Hours to Minutes

Speaker: Eric Berdinis, Ran Sun, & Chris Chmielewski

Procuring freight can be cumbersome, time-consuming, and error-prone. If you’re frustrated with the complex and manual processes for obtaining bids for your contract and spot freight, you’re not alone. In today’s fast-moving supply chain environment, optimizing these processes is critical to staying competitive and cutting costs. Join this exclusive webinar with experts from Uber Freight to learn how the latest digital tools and automation can transform your freight procurement strategy by strea

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Efficient Dental Inventory Organization Tips with Finale Inventory | Ecommerce

Finale Inventory

In the fast-paced realm of dental practices, efficient inventory management is vital for smooth operations and high-quality patient care. By effectively organizing your dental inventory, you can avoid stockouts, minimize waste, and improve overall efficiency. This article covers tips and strategies for managing dental inventory, focusing on Finale Inventory, a specialized solution for dental practices.

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Surviving in an Age of Permanent Disruption: We’re All in This Together

Supply Chain Brain

Technology such as artificial intelligence has the ability to oversee just about every aspect of the supply chain, but humans remain in the loop.

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Markup vs. Margin: Understanding the Key Differences in Pricing Strategies | Ecommerce

Finale Inventory

In ecommerce, pricing strategies are vital for business success. Two common approaches to pricing are markup and margin. While these terms may seem similar, they have distinct differences that are important for making informed pricing decisions. This article will clarify the definitions of markup and margin, their significance in pricing, compare their differences, discuss factors to consider when choosing a pricing strategy, and address common misconceptions about markup and margin.

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In the Face of Supply Chain Challenges, Hasbro, Has Tackled This Head on

Procurement Bulletin

In the Face of Supply Chain Challenges, Hasbro, Has Tackled This Head on As many businesses experienced during the pandemic years, supply chain headaches were experienced by business small and large. Take the established toy manufacturer, Hasbro, they tackled their supply chain challenges and have even turned the challenges into better profit margins.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Understanding Fixed Assets: Key Differences and Information | Ecommerce

Finale Inventory

Fixed assets are a fundamental aspect of any ecommerce business. This article covers the definition and role of fixed assets in ecommerce, as well as the key differences between fixed and current assets. We’ll also examine the significance of fixed assets, best practices for managing them, and the concept of depreciation and its effects on ecommerce businesses.

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Establishing a Single Source of Truth for Third-Party Risk in Financial Services

Art of Procurement

“What’s interesting in financial services is that third-party risk management is very different than supplier risk management. When a financial. The post Establishing a Single Source of Truth for Third-Party Risk in Financial Services appeared first on Art of Procurement.

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Effective Strategies for Raw Material Storage

Finale Inventory

Raw material storage is a vital aspect of any business, especially in the rapidly changing world of ecommerce. With the right strategies in place, companies can ensure that their raw materials are protected and efficiently managed, leading to improved productivity, reduced costs, and ultimately, greater customer satisfaction. This article discusses the importance of raw material storage, key factors in efficient storage, strategies for optimizing storage, the impact of proper storage on business

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Tail Spend: Procurement’s Low-Hanging Grapes!

Procurement Insights

Why is tail spend misunderstood? Photo by Tijana Drndarski on Pexels.com Here is a post from 2007 providing a concise outline of what it is and how to master it – including the outcome that will work today, tomorrow, and well into the future (regardless of the era’s technology) – [link] Here is additional reading material that includes agent-based implementation and the Acres of Diamonds white paper that digs even deeper into commodity characteristics: Agent-based – [link

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The Ultimate Guide to Transportation and Load Building Optimization

Enhance your transportation and load building efficiency with our comprehensive guide. Learn to tackle today's supply chain challenges and optimize your approach with advanced planning strategies. This guide covers: Supply Chain Challenges: Discover how transportation planning can address critical issues and improve efficiency. Load Building Benefits: Understand how effective load building can enhance your transportation processes.

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Beginner’s Guide to SKU Management: Tips for Efficient Inventory Management with Finale Inventory | Ecommerce

Finale Inventory

In ecommerce, efficient inventory management is key to the success of your business. One important aspect of inventory management is SKU management. This beginner’s guide covers the basics of SKU management and how you can optimize it using Finale Inventory. By the end of this article, you will have a solid understanding of SKU management and practical tips for efficient inventory management.

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Reducing Global Lead Times to Improve Customer Experience

Supply Chain Brain

4flow collaborates with BD to reduce delivery lead times at a global scale.

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Insights to Better Business Execution

Supply Chain Brain

How integrated tactical planning enables enhanced decision-making and improved outcomes.

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U.S. Says CrowdStrike Outage Renews Software Supply Chain Concerns

Supply Chain Brain

The White House and GAO have raised questions about the link between memory safety issues and software vulnerabilities.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Financial institutions must navigate a complex web of policies, procedures and regulations to ensure compliance and manage risk. When Hellenic Bank, a leading retail lender in Cyprus, set out to transform its procurement operations, it needed more than just software deployment. It required a partner that would help embed its intricate buying processes — with all its validations, risk assessments and tiered approvals — into a unified system.