article thumbnail

European Supply Chain Summit

Logistics Business Magazine

Attendees will delve into diverse subjects, including optimizing supply chain efficiency in “Driving Excellence in Supply Chain Operations” and effective supplier management in “Procurement Best Practices for Global Supply Chain Success.”

article thumbnail

Inbound vs. Outbound Logistics: Understanding the Key Differences and Optimizing the Last Mile

Locus

They involve the movement and management of goods and materials, but their directions and specific functions differ from each other. Inbound logistics refers to the activities involved in receiving, storing, and distributing raw materials, components, and other inputs needed for production or further processing within a company.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Transportation Supply Chain: Transportation’s Role in Supply Chain Management to Lower Total Costs

GlobalTranz

At distribution centers, Walmart uses cross-docking, a process in which product is exchanged between trucks so that each truck going to a retail store has products from different suppliers. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

article thumbnail

What is the difference between ERP, Supply Chain Management and CRM

SYSPRO Smarter ERP

ERP tools share a common process and data model, covering broad and deep operational end-to-end processes, such as those found in finance, HR, distribution, manufacturing, service and the supply chain. It is an important tool for sales, marketing, and customer support teams. What is Customer Relationship Managament?

article thumbnail

Everything You Need to Know About Inventory Management

3PL Links

Consigned Stock Consignment inventory is a business strategy where a manufacturer or supplier distributes their goods to a retailer or reseller who sells them in their enterprise or store but has not yet made a purchase. What are the main methods of inventory management? This business model is known as dropshipping.

article thumbnail

End-to-end Omnichannel Planning & Fulfilment

Logistics Business Magazine

The platform is designed for B2B and DTC brands that need to scale growth and improve their omnichannel experiences but have not had the right tools to make timely, optimal decisions within the full context of their financial, operational, and service impacts.

article thumbnail

Coronavirus Series Part 4 – Managing Supply Chain Disruption Caused by COVID-19

EazyStock

With sudden demand shifts for everything from food to home office supplies to hand sanitizer combined with shipping and distribution disruptions, supply chains need to build resilience to survive. Here’s some ideas on how to make this happen… Supplier Management in a Post COVID-19 Market. Supplier Communication.