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Cost Reduction Strategy through Supplier-Managed Inventory

SIPMM Professional Publications

Supplier-Managed Inventory (SMI) is the process whereby a supplier plans, manages and replenish inventory for a customer. Extensive information sharing is required so that supplier can maintain a high degree of visibility of its goods at the customer’s location.

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Supplier-Managed Inventory for Central Kitchen Operation

SIPMM Professional Publications

Without an effective inventory management system, this can lead in over-ordering thus resulting in food wastage, or under-ordering resulting in unfulfilled customer requirements. The post Supplier-Managed Inventory for Central Kitchen Operation appeared first on SIPMM ACADEMY. An important […].

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Supplier Management: An Important Piece of Your Digital Transformation Puzzle

Talking Logistics

One of those dimensions is inbound logistics and supplier management, which often doesn’t get as much attention as the outbound side. What are the main challenges companies face with supplier management and the. Read more Supplier Management: An Important Piece of Your Digital Transformation Puzzle.

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[Video] Supplier Management: An Important Piece of Your Digital Transformation Puzzle

Talking Logistics

One of those dimensions is inbound logistics and supplier management, which often doesn’t get as much attention as the outbound side. What are the main challenges companies face with supplier management and the. Read more [Video] Supplier Management: An Important Piece of Your Digital Transformation Puzzle.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Discover how GEP SMART, our AI-powered procurement software built on the low-code GEP QUANTUM platform, was deployed with customizations and interfaces to streamline request processes, simplify supplier management, and unify procurement at Hellenic Bank.

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Basware Adds Diversity Data to Supplier Management Solution

Supply Chain Brain

Basware, a procure-to-pay and e-invoicing solution, has added diversity data to its Supplier Management solution, allowing customers to identify minority-owned and small business suppliers within their base.

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Companies Are Wildly Overestimating Their ‘Digital Maturity’ in Supplier Management

Supply Chain Brain

When it comes to assessing progress toward digital transformation of the procurement function, a lot of companies appear far less advanced than they think they are.