SCMDOJO

AUGUST 10, 2024

To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial. Backloading: Optimizing vehicle utilization through backhauling is key to logistical efficiency.

Supply Chain Efficiency 98

Supply Chain Efficiency Logistics Strategy supply chain budgeting 98

Finale Inventory

AUGUST 22, 2024

Understanding the Basics of COGS COGS, or Cost of Goods Sold, is a fundamental concept in accounting and finance that influences a business’s profitability. It refers to the direct costs incurred in the production or acquisition of goods sold by a business. We will also discuss strategies to reduce COGS and enhance profits.

Raw materials 52

Raw materials Inventory Supply Chain Optimization Supply Chain Efficiency 52

Finale Inventory

JULY 23, 2024

Inventory represents the goods or products a company holds for sale, raw materials used in production, or work-in-progress items. Inventory management goes beyond just keeping track of physical goods; it involves strategic planning to optimize cash flow and ensure efficient operations.

Inventory 52

Inventory Raw materials Supply Chain Optimization Supply Chain Efficiency 52

Finale Inventory

JULY 29, 2024

A dealer acts as an intermediary within the supply chain, connecting manufacturers or distributors with end customers. Operating across various industries such as automotive, electronics, or consumer goods, dealers are key in bringing products to the market. Defining the Terms: Dealer and Distributor What is a Dealer?

Inventory 52

Inventory Supply Chain Efficiency Vendor relationships Supply Chain Optimization 52

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).

Supply Chain Optimization

IBM Supply Chain Blog

FEBRUARY 13, 2024

Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale. It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions.

Data 118

Data Ethics Quality Project management 118

Finale Inventory

AUGUST 22, 2024

They form the backbone of your supply chain, ensuring a consistent and uninterrupted flow of goods. Reliable suppliers also minimize the risk of delays, product shortages, and other supply chain disruptions that could negatively impact your business.

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency supply chain software solutions 52