SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Hybrent

FEBRUARY 6, 2019

“Then I’d go back to my computer and go into our old system to make purchase orders for each of up to ten different vendor companies. Springhill switched from its “old school” handling of materials management to the Hybrent solution. Springhill switched from its “old school” handling of materials management to the Hybrent solution.

Case Study 60

Case Study Study Price Reduction Vendor Strategies 60

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

ThroughPut

DECEMBER 8, 2023

These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. Logistics Management A major prescriptive analytics use case in supply chain management would be that of logistics management. One of the most critical things for a cafe business is its menu.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 4.9/5

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). How are companies using SCONs in the real world?

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

Talking Logistics

MAY 13, 2015

And yet, prior to replacing a legacy inventory management system and implementing a supply chain analytics solution from FusionOps , the share of merchandise the company delivered on-time and in-full was a dismal 28 percent! in December and January, the FusionOps software automatically notified Columbia staff to order more.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Precoro

NOVEMBER 20, 2023

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

Supply Chain Game Changer

AUGUST 30, 2021

They will understand more about improving processes and learn some techniques and tools they can employ in their future careers. He sees all the parts of a business as being connected, from purchasing and HR to sales and marketing. The Goal: A Process of Ongoing Improvement. Supply Chain Management for Dummies.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Case Study: NFPC Enhances ERP to Gain 99.9% Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 75

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 75

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” ” I have been studying the evolution of inventory technologies as an industry analyst since 2002. All of the Solutions Have the Same in Functionality.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ThroughPut

OCTOBER 7, 2022

Unprecedented situations like the COVID-19 pandemic and its after-effects need solutions that not only learn from historical data but also predict outlier events like COVID-19 and how they can affect your organization with several demand forecasting methods and forecasting models. What makes this process easier? How to make it easier?

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies. This is the case for companies like Adexa, Logility, and JDA.)

Supply and Demand 158

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 158

Precoro

DECEMBER 12, 2023

Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro. The startup that immediately chose Precoro For the first few months after Electra was founded, like many startups, the team had a manual procurement process and used spreadsheets.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. It takes much discipline and focus.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Supply Chain Opz

JANUARY 7, 2013

Case Studies. A Case Study. Without a doubt, Apple Inc is the world leader in Innovation, Branding and Software Ecosystem. This case study will show you the analysis of Apple Supply Chain core processes, challenging issues and complexities of its operations. Is Apple Supply Chain Really the No.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

EcoVadis

OCTOBER 17, 2017

million metric tons this year. The Information and Communications Technology (ICT) sector has led the charge for sustainable procurement in recent years as technology companies push hard to meet consumer demands for transparency in the supply chain. It is estimated that e-waste will be the fastest growing waste type, reaching 48.2

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The CIO budget is hamstrung with system upgrades and software license payments. This is the world view of finance and why there is so much friction between procurement and finance. Barrier #1.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. E2open last week announced the purchase of Serus. This purchase increases E2open’s capabilities for visibility into the processes of the outsourced semiconductor network of foundries.

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

ShipBob

SEPTEMBER 27, 2021

Shopify’s solution to running an online store is effective and efficient for ecommerce businesses of all sizes. This resource is a great tool for everyone from the CEO to Ecommerce Director, and everyone in between. However, Ecommerce Directors must also keep customers informed and engaged post-purchase. Communication skills.

Inventory Reduction 59

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 59

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

QAD

APRIL 29, 2021

Challenge: One Tool with One Version of the Truth Needed. When Noble Biomaterials originally implemented an ERP solution , the company used it mainly for financial and accounting management. They also wanted to replace manual, paper-based solutions for project management and collaboration. embassies around the world. .

Optimal Sourcing 96

Optimal Sourcing Forecasting Software Analytics Software Manufacturing Procurement 96

ShipBob

SEPTEMBER 27, 2021

Shopify’s solution to running an online store is effective and efficient for ecommerce businesses of all sizes. This resource is a great tool for everyone from the CEO to Ecommerce Director, and everyone in between. However, Ecommerce Directors must also keep customers informed and engaged post-purchase. Communication skills.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 I’ve highlighted other case studies over the years. The redesign has saved the company €1.2 million a year.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

Elementum

FEBRUARY 7, 2024

Integration Tools: Software solutions like no-code development tools unify distinct systems, ensuring they work cohesively. By leveraging digital tools, businesses can automate mundane tasks, reduce errors, and allocate human talent to areas where strategic thinking and creativity are needed most.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Talking Logistics

APRIL 10, 2019

The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). One of my first clients back in 1999 was Descartes Systems Group.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 20

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52