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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity.

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How MTSS Platforms Can Prepare the Next Generation of Supply Chain Professionals

SCMDOJO

The global supply chain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supply chain management.

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Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. However, the next wave of AI innovation is here: autonomous AI agents. Here are some leading innovators in this space: 1.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Develop Long-term Relationships: Establish partnerships with key suppliers to foster trust and innovation. Explore Emerging Tech: Understand blockchain’s role in tracking and IoT for inventory management.

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Supply Chain Innovation Technology: IoT and Beyond

Skill Dynamics

The supply chain management industry is growing and changing before our very eyes, and new technologies are at the very heart of that change. As globalization continues, companies will keep trying to develop their supply chains to be more and more efficient easier said than done when they span more countries than ever.

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Inventory Forecasting — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. What is Inventory Forecasting?

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Can AI Finally Solve Supply Chain Disruptions? Logility’s New Tech Promises Real-Time Optimization – StockTitan

Let's Talk Supply Chain

In‍ a rapidly evolving world where supply chain disruptions are becoming increasingly common, the question arises: can artificial intelligence finally provide the solution we’ve been searching for? Logility’s cutting-edge technology offers a promising glimpse into the future‍ of supply chain optimization.