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Decision intelligence is becoming key to the ability of companies to deal with an unprecedented volume of data that's necessary to making supply chain decisions today, says Fred Laluyaux, president ...
Such incidents point out the importance of visibility and control over deep-tier suppliers. ... Having introduced the three approaches to supply chain make-or-buy decisions, we now present a practical ...
Supply chain management has greatly evolved over time from a manual spread paper/spreadsheet-based to a complex, technology-driven discipline. Today, high-tech ERPs and SCM tools are leading.
Logistic dashboards can be used to track the efficiency of a company’s supply chain management. This is done by using KPIs such as lead time, inventory turn rate, and order fill rate.
Stale data may be hazardous to your supply chain's health. Here’s how Qlik thinks a cultural shift can unlock real-time ...
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The Punch on MSNSupply chain tips every SME should knowSmall businesses can be overwhelmed by the resources they need to move\u2005around to meet customers’ demands. But SMEs that learn effective supply chain management can operate smoothly and maximise ...
Fortunately, the last supply crunch taught valuable lessons about the importance of real-time planning, optimization, transparency, and a pragmatic approach to managing a dynamic supply chain.
Why Speed Is Important in Supply Chain Management. ... Timely decisions and quick observations go a long way towards never reaching this point. Advertisement. Article continues below this ad.
Enhancing supply chains is crucial for today’s businesses, but it’s a complicated process. It requires better cooperation between departments, using data to make decisions, and incorporating ...
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