Wednesday, February 12, 2020

Definition: Supply Chain Planning (SCP)

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Latest Technology News & Expert Advice     February 12, 2020
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Issue Highlights:
Definition: Supply Chain Planning (SCP)
Definition: What Is Supply Chain Management (SCM) and Why Is It Important?
AI helps supply chain analytics make better predictions
Definition: Transportation Management System (TMS)
7 demand planning strategies to beat the competition
Definition: Supply Chain Planning (SCP)
Supply chain planning (SCP) is the process of anticipating the demand for products and planning their materials and components, production, marketing, distribution and sale.
Definition: What Is Supply Chain Management (SCM) and Why Is It Important?
Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product's flow from materials to production to distribution in the most economical way possible.
AI helps supply chain analytics make better predictions
IoT sensors carry more data than ever into SCM platforms, making analytics simultaneously more complicated and effective. Machine learning is the indispensable helper.
Definition: Transportation Management System (TMS)
A transportation management system (TMS) is specialized software for planning, executing and optimizing the shipment of goods.
7 demand planning strategies to beat the competition
Today's supply chain management rests on refining your demand forecasting and creating partnerships. Here's a look at what that means.
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