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A guide to optimizing your supply chain

EazyStock

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

article thumbnail

A guide to optimizing your supply chain

EazyStock

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Increase technology to improve forecast accuracy.

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SONAR Indices & Insights: Improve Freight Shipping Procurement with SONAR SCI’s Lane Acuity Plus

FreightWaves SONAR

Supply chain professionals responsible for transportation procurement at Fortune 500 companies focus on three things – budget forecast accuracy, service scores and primary tender acceptance. harder to procure capacity at the benchmark rate per mile ) in both the outbound and inbound directions.

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

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2021 Strategies for Inventory Management and Supply Chain Recovery

EazyStock

Optimize Inventory. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand. For example, did you take out a loan through the Paycheck Protection Program ? Improve Demand Forecasting.

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Responding to Supply Chain Disruption Amid COVID-19

AIMMS

The examples below show you how to do this in AIMMS SC Navigator Apps, but we encourage you to study these scenarios in the tools you have at your disposal. . There is a strategic incentive in understanding the optimal sourcing location for specific customers, and the optimal sourcing location for different resources.

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Why you need a good supply chain strategy

EazyStock

Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. A good supply chain strategy is about fulfilling demand, driving customer value, improving responsiveness, facilitating financial success and building a good network.