Remove Product development Remove Real-time Visibility Remove Supply chain management
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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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Why ERP and PLM are No Longer Standard SCM Software!

Supply Chain Game Changer

In the early days of supply chain digitization , these systems provided increased visibility and data pools to improve supply chain operations. As time has gone on, antiquated ERPs and PLMs have become a drain on supply chain resources and a bottleneck to scalable digitization.

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Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. You need to integrate your supply chain management systems to meet this demand.

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Inventory Management vs Product Information Management (PIM)

Supply Chain Game Changer

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. It also needs to provide a real-time look at stock.

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Lead Time Definition – How to Calculate & Reduce it?

SCMDOJO

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

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Inflation & Procurement

Procurement Templates

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

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Effective Inventory Tracking Methods for Businesses

Finale Inventory

Understanding the Importance of Inventory Tracking To appreciate the significance of inventory tracking, it’s important to understand its role in business success. Inventory tracking involves monitoring and managing the flow of goods in and out of a company.