Locus

JUNE 2, 2023

Inbound logistics deals with the movement of materials and inputs from suppliers to the company, while outbound logistics deals with the movement of finished products from the company to customers or distribution channels. Focus Procurement, receiving, storage, and inventory management.

Optimal Sourcing 52

Optimal Sourcing Outbound Optimization Software Inbound 52

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. The post What is the difference between ERP, Supply Chain Management and CRM appeared first on SYSPRO Blog. What is ERP?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

CLX Logistics

FEBRUARY 22, 2024

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

3PL Links

AUGUST 18, 2023

The definition of inventory management, however, is the skill of managing these conflicting aims, directing strategies, and appropriately prioritizing objectives in the face of this scenario. The supplier manages every aspect of the process, so the retailer need not worry about product storage, management, or shipment.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48