Optimal Sourcing Related Topics 
Logility
JUNE 5, 2024
Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. Yet, recent research suggests a more advanced approach, Multi-Echelon Inventory Optimization (MEIO), surpasses traditional methods. They include costs, demand signals, supply volatility, and sourcing.
ToolsGroup
JULY 12, 2023
Retailers can now supercharge their OMS with Dynamic Fulfillment’s advanced optimization logic that reduces markdowns and shipping costs, improves margins, and satisfies customer SLAs. This efficiency translates to increased customer satisfaction, improved margins, fewer CO 2 emissions – and a sharper competitive edge.”
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The Network Effect
AUGUST 27, 2020
The post Optimizing Direct Procurement and the Inbound Supply Chain appeared first on The Network Effect.
DELMIA Quintiq
NOVEMBER 17, 2020
From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. The establishment of efficient global supply chains has become critical to competitiveness.
Advertiser: GEP
A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. This is essential reading for all procurement and supply chain leaders.
Logistics Viewpoints
MAY 19, 2022
Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges.
GlobalTranz
JULY 28, 2021
Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.
Advertiser: GEP
And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?
Advertiser: GEP
Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.
Advertiser: GEP
Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.
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Learn how Team Procure is helping companies streamline their procurement by implementing a cloud-based procurement platform across their organization. This ensures that the approval process is optimized and eliminates bottlenecks.
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And when it comes to procurement, focusing on digital transformation now can dramatically reduce costs, improve visibility and insight, and give you a significant competitive advantage. To find out, get your free copy of this must-read whitepaper: A 5-Point Strategy for Digital Procurement Transformation.
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Explore the most common use cases for network design and optimization software. Scenario analysis and optimization defined. Optimizing your supply chain based on costs and service levels. Optimizing your supply chain based on costs and service levels. Diversifying sourcing and manufacturing. What's inside?
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