In a previous blog post, I discussed two approaches to bringing down the overall cost of your supply chain (by using either cost-cutting or -reducing methods). Another blog was about bringing cost down by using better or best inventory management processes and practices. As we have already discussed the methods, processes, and practices, let’s look now at some of the technological aspects of reducing cost.

The first question that comes to mind is: will supply chain software help reduce the cost of the supply chain? So the riddle is to have or not to have supply chain software within your organization…? Read the rest of this entry »