Remove Quantity Remove Real-time Visibility Remove Supply Chain Efficiency
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Types of Supply Chain Reports: Definition and Benefits

SCMDOJO

Supply chain reports offer a comprehensive view of your entire supply chain operation. What are Supply Chain Reports? However, identifying and addressing slow-moving and obsolete inventory is necessary to prevent capital from being tied up in unproductive assets.

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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Such as: Real-time visibility into stock levels Visibility of stock location and movement When accurate and up-to-date information on the product quantity is available to a particular firm, it dramatically helps a company’s growth and reduces obsolescence. Click here!

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The Missing Step to Most Supply Chains that Increases Efficiency

SCMDOJO

As a business owner, you always seek ways to increase efficiency and decrease costs. As supply chain professionals, we must understand the role of Effectiveness & Efficiency in Supply Chain Optimization But while you may have already implemented changes, you feel like there’s still something missing to decrease your cost.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

Suppliers whose prices fluctuate significantly over time may not be suitable for long-term partnerships, whereas those who consistently provide products at estimated costs can be considered for future contracts. PPV helps assess the accuracy of these estimates by measuring the variance between the estimated and actual costs.

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Shipping Barcode Scanner: Your Guide to Efficient Shipping

Finale Inventory

Introduction Modern businesses face increasing pressure to maintain accurate, efficient shipping operations while meeting growing customer expectations. A shipping barcode scanner serves as the cornerstone of efficient warehouse and fulfillment operations, transforming how businesses track, process, and deliver products to their customers.

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The missing link: Why visibility is essential to creating a resilient supply chain

IBM Supply Chain Blog

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.