Remove Inventory Remove Material Savings Remove Supply Chain Software
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Supplier Relationship Management Software: The Best Tools & Strategies

Precoro

In this article, we explore what SRM software is and discuss proven strategies for efficient partnerships with suppliers. Moreover, we offer recommendations for the five best supplier relationship management software solutions to help companies on this journey. Crafting tailored strategies for different supplier segments.

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Editor’s Choice: Supply Chain Automation for a Greener Future

Logistics Viewpoints

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Joan Lim, Senior Manager, Product Marketing at Oracle and looks at the intersection of autonomous supply chains and sustainability.

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A Thing of Beauty: How Belcorp Mastered Its Supply Chain Complexity with Advanced Multi-echelon Inventory Optimization and Planning Digital Solution

ToolsGroup

At ToolsGroup, we provide cutting-edge AI and machine learning solutions to enhance supply chain resiliency and efficiency. Belcorp: A Supply Chain with Countless Moving Parts Belcorp is a beauty corporation with a mission to provide beauty products that answer to a variety of individuals’ needs. It played out as follows.

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MRO Strategy Saves UK Food Manufacturer Millions

Synovos

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. The agreement has delivered well beyond the intended savings, helping catapult the manufacturer and the integrator to substantial growth.

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Digital Transformation: Why You Can’t Afford to Wait

Even global manufacturers –– companies across industrial, automotive, chemical, and energy industries –– are scrambling to mitigate the impacts of labor, material and energy shortages, delays, inflation, and unexpected events. Yet, progress is slow and often reactionary, and a reactionary mindset fails to address the underlying causes.

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Elevating Inventory Management with Multi-Echelon Inventory Optimization

Logility

Modern supply chains are far from linear. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. This urges a shift from the unsustainable practice of buffering against uncertainty with high inventory levels. Such complexity drives demand volatility.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that