Supply chain management (SCM) is the coordination of a business’ entire production flow, from sourcing materials to delivering an item.

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing, procurement, conversion and logistics. It …

What is inventory management? Inventory management, a critical element of the supply chain, is tracking inventory from manufacturers to warehouses and from these facilities to the point of …

A term coined by Gartner in the 1990s, an ERP software system is designed to manage all parts of a business—finance, HR, manufacturing, supply chain, services, procurement, supply chain …

Supply chain automation is when a business uses automation technology, like artificial intelligence (AI), machine learning, and digital process automation to do supply chain tasks with limited …

Supply chain optimization is about improving supply network efficiency and performance to give customers what they want.

What is an order to cash system? The O2C system is a critical part of getting and maintaining a healthy cash flow. As the process aims to cut down on the time between when an order is …

A blockchain-based supply chain management system is built on a shared distributed ledger which provides an indisputable record of all the data related to shipment status, truck status, …

Apr 19, 2023 · A transportation management system (TMS) is a real-time logistics tool that streamlines a company's ability to manage its inbound and outbound shipping. TMS solutions, …

Effective inventory optimization requires understanding customer demand patterns, supply chain dynamics and other factors that affect inventory levels. Advanced technologies, data and …