Introduction To effectively measure the efficiency of a supply chain businesses must invest in supply chain analytics solutions. It helps companies understand where their products come from, how much inventory they have on hand, and how quickly they’re selling out. It also helps businesses identify potential problems in the supply chain before they become major […]
Introduction The goal of a supply chain analytics solution is to help measure key performance metrics that improve the efficiency of the entire supply chain by optimizing the flow of goods through the system. This includes everything from inventory management to transportation planning. The Importance of Supply Chain Analytics There are two main reasons why […]
Introduction Global Product Classification (GPC) represents one of the most significant standardization initiatives in the realm of global commerce. Developed and maintained by GS1, the international organization behind the barcode, GPC provides a common language for grouping products in the same way, everywhere in the world. This standardization eliminates confusion, enhances supply chain visibility, and […]
Define Supply Chain First lets start off with What does Supply Chain Mean? To put it simply, a supply chain is a system that allows a manufactured product to reach a consumer in one or many steps. The 5 components of a supply chain: Planning Manufacturing Assembling Packaging Transporting Delivery & Return Top 15 Supply […]
Introduction Supply chain transformation has been the buzzphrase in the Healthcare world for some time now, but what the heck is it? The answer to this depends on who you are talking to. The traditional supply chain involves the movement of goods from supplier to demander, from manufacturer to retailer, manufacturer to distributor, or distributor […]