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Mathematical Optimization: Supply Chain Management by the Numbers

Supply Chain Brain

That, at least, is the theory behind mathematical optimization, and the way it’s being applied to supply chain management today. By itself, the word “optimize” doesn’t mean anything specific. “A Bowman, SupplyChainBrain Supply chains consist of imperfect humans struggling to make perfect decisions.

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How to Optimize Fulfillment with Unified Data

Logistics Viewpoints

Optimizing fulfillment requires a series of steps to get a shipment from its source to the end customer. These steps include sourcing and receiving inventory, storing inventory, order processing, picking and packing an order, shipping the order, and returns management.

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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Companies leaning heavily on global sourcing? Theyre feeling the heat most, as sudden trade policy curveballs throw procurement plans into chaos. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. What Is Agile Procurement?

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Cross-Docking: The Logistics Shortcut That’ll Save You Time and Money

ECW

Instead of stockpiling inventory, businesses can fulfill orders almost immediately, improving responsiveness and reducing overhead costs. Improved Supply Chain Efficiency Fewer touchpoints mean reduced risk of damage, better coordination between suppliers and distributors, and more predictable deliveries.

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The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes

3PL Links

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer.

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MES vs MOM: Understanding the Key Differences

SYSPRO Smarter ERP

MES and MOM in Industry Strategy and the Smart Factory Many advanced manufacturers have an industry strategy that aligns and supports the overall business strategy and its objectives. MOM solutions aim to connect, manage, and optimize complex manufacturing systems and processes. What is an MES? MES is a subset of MOM.

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Outsmart Disruption with AI: Three Strategies for Supply Chain Resilience

Supply Chain Brain

AI also improves the efficiency and cost-effectiveness of supply chain operations, both in terms of automating processes, and finding ways to refine pricing strategies and take advantage of forecast trends. Teams are more transparent and closely connected, further improving efficiency when responding to an event.