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Editor’s Choice: 5 Ways EDI is Streamlining Supply Chain Operations

Logistics Viewpoints

Today’s article comes from Descartes and looks at how EDI can streamline supply chain operations. How does EDI solve the problem of manual data entry and inefficiency in supply chains? EDI eliminates the need for manual data entry by automating the exchange of business documents. To read the full article, click HERE.

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Procurement vs. Purchasing: What’s the Difference?

Logistics Bureau

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. It could be the after-purchase service or the warranties that you are after.

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Editor’s Choice: Reducing Lead Times with Real-Time Data

Logistics Viewpoints

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. Lead time in the supply chain is the total time from when a customer order, or purchase order, is placed and when the goods are received. What is lead time? First, let’s define lead time.

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Using data and AI to improve manufacturing

SYSPRO Smarter ERP

What is Machine Learning ML is the computing engine behind AI and gives computers the ability to make sense of, and learn, from data to perform specific tasks without manual interference. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry. The Industry 4.0

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MultiScan Master Data Solution Available

Logistics Business Magazine

Knapp, leading technology partner for value chains, is making its MultiScan master data capture system available to customers through short-term rental or outright purchase. MultiScan is an intelligent and customisable master data capture solution.

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How Digitalization of the Purchase Order (PO) Can Save Time and Money

MTS Logistics

To all procurement and logistics specialists, how many of your daily emails pertain to purchase orders? With so many emails there is margin for error due to the manual inputs of the operation. Many companies have not automated this fundamental Purchase Order operation. Specifications on a Purchase Order (PO): PO Number.

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Improving Supply Chain Visibility: The Impact of Data Strategy

3PL Links

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.