Supply Chain - TPSynergy

3PL Inventory Synchronization

3PL Inventory and Synchronization to ERP In current supply chain world, 3PL (Third Party Logistics) is an important component. Supply chain operations are outsourced to another company. Inventory related operations like Shipping, Receiving and some times value added services like Packaging are outsourced to the 3PL Operations Performed by 3PL Typically a 3PL will perform the below operations for the customer Receiving Inbound shipments from Suppliers and other warehouse Ship outbound shipments to Customers based on Ship advice from suppliers Value added services – Minor assembly, [...]

February 16, 2022 By wp_admin Supply Chain, Uncategorized 0 Comments

EDI Integration with Oracle Cloud SCM

EDI Integration for Oracle Cloud EDI Process for Oracle cloud Oracle Cloud aka Oracle Fusion Supply Chain Modules are being widely used by many companies to manage their customer order process. Many of these customers will be sending orders through EDI (Electronic Data Integration). It is necessary that the EDI processing is automated through integration. This post explains how this EDI integration can be achieved. Methods of Integration Oracle Collaboration Messaging Framework (CMK) – supports only XML format. It will need effort to [...]

February 5, 2022 By wp_admin EDI, Oracle Fusion, Uncategorized 0 Comments

Why Forecasting is Important in the Supply Chain

What is Forecasting? Within a supply chain, forecasting is the prediction of what to expect in the short and long term for inventory, orders, production, etc. The most common forecast is MRP or Material Requirement Planning. This takes into account customer demand, and looks into supply details like Bill of Lading, and sourcing info to give valuable information on inventory and how best to fulfill orders. Due to the variable nature of a supply chain, forecasts are not always exact, [...]

January 28, 2019 By wp_admin Supply Chain 0 Comments

Optimizing Business Output by Using VMI

In any business that deals in physical products, its inventory is its number one concern. Having a surplus means potential wastage and reduced efficiency, while having a deficiency means the inability to fulfill orders. Both situations are potentially disastrous to the business, and need to be prevented at all costs. As such, having an efficient inventory management solution is invaluable to any business. VENDOR MANAGED INVENTORY A vendor managed inventory (VMI) system is where the supplier or vendor holds the products [...]

September 10, 2018 By Keshv Supply Chain 0 Comments

373720 a668d69f67b945238907246fed32db6emv2 d 6016 4016 s 4 2

How Blockchain Technology Can Preserve Food Safety

Recently, there has been a large scale case of E.Coli outbreaks in the US, affecting mostly lettuce and lettuce based products. Due to the disastrous effects of the bacteria, keeping it away from customers is of the utmost priority. The difficulty in doing this arises from the near impossibility of fully tracing back a food product to its source. Between the restaurant that serves it and the farm that grows it, there may be a multitude of middlemen, each [...]

September 1, 2018 By David Inbar Supply Chain 0 Comments

373720 c035cc7132fc43cc8697c6ac53a402aamv2 d 5760 3840 s 4 2

Why You Should Have a Vendor Portal to Manage Suppliers

In today’s rapid business world, immediate and efficient access to information is a must. Along with your customers, suppliers and purchasing agents need the same level of info just as fast. The fastest and most cost-effective way to implement this is with a supplier vendor portal. Here are some of its benefits: SUPPLIER SELF-SERVICE Portals allow the supplier to have a high degree of autonomy. Inquiries that would have taken days or even weeks through a lengthy process of calls and [...]

August 11, 2018 By David Inbar Supply Chain 0 Comments

AI in the Supply Chain

Over the last few years, Artificial Intelligence (AI) technology has exploded, essentially going into every sector imaginable, from finance to film making. Supply chains are no different, with AI having expanded quickly already, and almost certainly going to expand more. These are the ways in which AI technologies are helping supply chains: SUPPLIER RISK MANAGEMENT: In any supply chain, your suppliers are not always reliable. Some shipments could be incorrect, delayed, or not even get sent. These kinds of problems are [...]

August 7, 2018 By Srini Raja Supply Chain 0 Comments

The Significance of Forecasting in a Supply Chain

What is Forecasting? In a supply chain, forecasting is the prediction of what to expect in the short and long term for inventory, orders, production, etc. The most common forecast is MRP or Material Requirement Planning. This takes into account customer demand, and looks into supply details like Bill of Lading, and sourcing info to give valuable information on inventory and how best to fulfill orders. Due to the variable nature of a supply chain, forecasts are not always exact, [...]

July 27, 2018 By Srini Raja Supply Chain 0 Comments

How to Reduce Risk in Your Supply Chain – Step 2 – Mitigating

(This post is follow on to our previous blog on Supply Chain Risk Identification . You can read about it here: https://goo.gl/VqAbpj) After you’ve identified all of the risk factors in your supply chain, the next step is to reduce it as much as possible. For obvious reasons, some risk factors are easier to manage than others. Some risk factors that you can manage are, but not limited to: INVENTORY RISKS: This is one of the easier risks to manage. Using a [...]

July 21, 2018 By Ravi SundarRajan Supply Chain 0 Comments

How to Reduce Risk In Your Supply Chain – Step 1 – Identifying Risks

All business comes with a degree of risk, and that’s not going to change. No matter how streamlined and fail-proof you make every aspect of your business, things can and will always go wrong. This is especially true for a supply chain, where an error in one place can drastically impact everybody down and even before them. The key is to find and reduce your risk wherever possible. This can be done in many ways, but the first step [...]

July 16, 2018 By Srini Raja Supply Chain 0 Comments