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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

This entire debate depends on robust management systems such as ERP and WMS. 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.

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Risk management solution providers and what their customers really want – Brooklyn Solutions

Spend Matters

For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions. Within vendor management, there has been a significant change in the appetite for risk-related technology.

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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

[Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess.

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The 25 Hottest US Procurement Startups

Procurement Software

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. The platform also offers supply and risk management insights.

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Supply Base Optimization: 6 Steps to Ensure Success

Procurify

Supply base optimization is a strategy used to reduce the number of suppliers you work with, especially those who are inactive or limited-use suppliers. This way, organizations can spend more time with fewer suppliers. . 6 steps for successful supply base optimization. Current inventory. Supply performance ratings .

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Part Shortages? What is your Supply Line Strategy?

Supply Chain Game Changer

They almost always happen within the standard lead time of the components you need. From your Customer to your CEO through to the entire Management chain and everyone in Production … they all want the needed parts NOW! There was an official Corporate department called Supply Line Management.

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Seasoned Leadership in Action™! An Interview with Skip Boothby!

Supply Chain Game Changer

After a career as CEO, COO, President and Division Head of leading supply chain, manufacturing support, and after-market service organizations, he helps companies assess what they have, determine what they need, and decide what to do. My start in supply chain was a bit unknowing at the time.