In the fast-paced world of energy-exploration technology, companies are constantly on the lookout for innovative strategies to help them stay ahead of market dynamics. For one global energy company, ...

Pure EV makers leverage advanced analytics and direct-to-user models to streamline inventory control and respond quickly to ...

What is the future of procurement? What is the future of procurement? That is the question that McKinsey & Company sought to answer in a new benchmarking report focused on procurement. Despite knowing ...

Ensuring that the quantity is correct is reinforced by the use of technology such as automatic identification (barcode labeling and scanning, RFID), counting machines, and scale weights. The Right ...

First, the Right Product is one that the market wants or has a need for. In retail, this is a product that consumers will purchase because they desire it or because they require it.

Electronic data interchange, or EDI, is a core technology used to ...

Ever since my introduction to supply chain vendor compliance in 1993, retailers, organizations and associations, advisory firms, transportation and logistics companies, and hardware and software ...

Traditionally, supply chains have focused on cost savings and operational efficiency, often measured by metrics like On Time, In Full (OTIF). However, as CEOs increasingly expect supply chains to ...

In U.S. retail and grocery, the intermediary item identifier is the GTIN-12/UPC (Global Trade Item Number, 12-digits, which was formerly known as the Universal Product Code), and in the book ...

The third of Dr. Marien’s 8Rs of his Customer’s Bill of Rights is the Right Source. Per his original article, the Right Source was described as: ...