COVID-19 and Unique Supply Chain Disruptions

For as long as supply chains have existed, so too have there been disruptions. Natural disasters, including tornadoes, earthquakes, and floods, along with financial crises, have the power to completely shut down supply chains for indeterminate periods of time. Over the past few months, however, the recent coronavirus outbreak has proved to be completely novel in the way it impacts the modern distribution of the world. Two main important distinctions set this recent outbreak apart from other major events [...]

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Vendor Portals in the Supply Chain

A vendor, or supplier portal, is an interface in which suppliers and other members of the supply chain can easily communicate between each other. In contrast to most traditional business interactions, which may be done through email or phone calls, vendor portals offer a set of unique benefits. A few of the benefits gained by introducing a vendor portal include:   Broader Supplier Enablement A comprehensive portal enables suppliers to automate routine supply chain execution transactions including purchase orders, ship notices and [...]

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Bringing ERP into the Supply Chain

    ERP (Enterprise Resource Planning) is an in-house system that sits behind the company firewall which houses all the core data needed for the day to day operation of the company. In most supply chains, the data, external trading partners, and the data is outside of this firewall. This disconnect means that vital data isn’t readily available when it’s needed. Integrated Supply Chain and Visibility Connecting the in-house ERP system to the external supply chain creates the perfect integrated supply chain. Information [...]

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Doing EDI For Amazon Direct Fulfillment

  With Direct Fulfillment, Amazon pays the shipping charge and sends the order directly to suppliers. Although lucrative, it can be potentially very time consuming and error prone as small orders are sent throughout the day. However, using EDI, this process can be automated, making it faster and more efficient. TPSynergy provides a tailor made solution for Amazon vendors, containing all the tools and features needed for fully automating the order management process to save time and money. These tools include: [...]

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Optimizing Output Through Vendor Managed Inventory

  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 [...]

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The Importance of Inbound Shipment Visibility and How to Improve It

Of all the aspects of a supply chain, inbound visibility is one of the most important. Having an accurate view of when shipments will arrive can allow you to plan your inventory ahead of time and fulfill orders with the knowl edge of what level your inventory will be at. In addition, having visibility can allow you to confirm your supply with confidence. While these benefits are great, the problem is that perfect visibility is almost nowhere to be found. [...]

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Supplier Management Through a Vendor Portal

  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 [...]

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Productivity vs. Efficiency – What to Measure and When

The terms ‘Productivity’ and ‘Efficiency’ are often used interchangeably to represent the same idea; however, the two terms represent two distinct concepts and it is important to know when each metric matters. PRODUCTIVITY V EFFICIENCY Productivity is the raw measure of how much product is made in a certain time, disregarding other metrics, like demand or wastage. For example, an employee of a company that makes 45 units an hour while the company only needs 30 is seen as very productive. [...]

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The Key to Ensuring Food Safety – Blockchain

In the fall of 2018, there were a multitude of E.Coli outbreaks in the US, affecting mostly lettuce and ground beef. 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 [...]

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The Importance of a Connected Supply Chain

The Importance of a Connected Supply Chain Most companies rely on traditional processes to ensure the gap between demand and supply is as small as possible. These include forecasts and purchasing plans, which are used to order the necessary materials on time. To factor in some variation, companies may have a distribution plan in place, all of which come together to give the customer a precise delivery window. This entire process, however, is prone to delays and miscalculations, all of [...]

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