Supply Chain Shaman

SEPTEMBER 13, 2023

She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. Or planned orders to purchase orders?) I don’t know.

Supply and Demand 412

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 412

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. Case Study #1: Noble Biomaterials. Time and cost savings.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? Why have we not improved our use of channel data in supply chain processes?” The problem is that warehouses are full.

Supply Chain Design Software 195

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

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. Everything is connected – what happens in one part of the supply chain can shake things up in logistics, and the other way around. As we step into 2024, the world of logistics isn’t what it used to be.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

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 Metrics.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

RFgen

MAY 23, 2024

The construction supply chain is complex. Since 2021, the cost of building materials has been increasing in countries all over the world. To adapt, construction and building materials companies are getting strategic and implementing new technologies to ensure a strong supply chain. billion in 2023 to $ 1,867.16

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Inventory Management Software Material Savings 66

Unleashed

AUGUST 11, 2020

Good food manufacturing software provides a means to track inventory in real-time, through every step of the supply chain. The capability to track both origin and channel supply of individual ingredients can also facilitate rapid response, should some misfortune necessitate a product recall.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Jaggaer

OCTOBER 22, 2020

He was joined by Youness Taghrichte, Head of Procurement at Attijariwafa Bank, together with Richard Hogg, VP Northern Europe, JAGGAER, and Javier Lopez, Senior Value Engineer, JAGGAER. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

SCM Research

MAY 15, 2017

Today’s guest post comes from Lydia Bals, who presents project PERFECT’s recent insights on competences in purchasing & supply management. In total, 46 interviews were conducted with representatives from 16 companies, standing for various industries in the European Union, and differing in their sizes and business models.

Purchasing Skills 113

Purchasing Skills Procurement Analytics Case Study Modeling 113

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

JULY 16, 2019

Claritum Article - Procurement Blog. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). Seeking savings and purchasing efficiencies.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Procurement Analytics Software 32

EC Sourcing Group

SEPTEMBER 13, 2023

At Seaboard Corporation, a leading global agribusiness and key player in the grain and flour milling industry, this transformation was driven by the need to modernize their procurement process and stay competitive in a rapidly evolving business landscape. READ THE ENTIRE CASE STUDY HERE.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Supply Chain Software Vendor Strategies 52

ThroughPut

FEBRUARY 14, 2024

The supply chain too, like every other part of an organization, is essentially a series of well-informed, intelligent decisions – when done right, forming the backbone of every successful business. What Exactly is Supply Chain Decision Intelligence? Why is Decision Intelligence Important in the Supply Chain?

Optimal Sourcing 59

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 59

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 63

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 63

Precoro

JUNE 18, 2021

Unlike most insurance coverage processes, the PassportCard insurance card functions as a debit card that allows insurance-holders to pay for medical services, purchase medications, laboratory tests, or visit the emergency room without the need to collect and send invoices. now we feel that we have a system we can rely on.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 52

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

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). About the Supply Chains to Admire Methodology.

Supply Chain Software 30

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

Supply Chain Game Changer

MAY 5, 2021

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! As everyone in Supply Chain Management knows today, the field has come a long way. 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

Claritum

MARCH 29, 2019

Claritum Article - Procurement Blog. Crazy World of Procurement. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features. 2 Crazy World of Procurement. Introduction. Further Reading.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Supply Chain Software Optimal Sourcing 40

HICX Solutions

MARCH 17, 2020

The continued growth in the adoption of procurement-to-pay (P2P) or source-to-settle (S2S) suites in the last few years is testament to the significant value they deliver to procurement teams in businesses of all sizes. It’s not a mistake that many procurement leaders make twice. And this is where the problems begin.

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

Kodiak Hub

SEPTEMBER 1, 2022

Anyone who has climbed a few rungs up the corporate ladder knows the sense of achievement that comes with reporting directly to the C-Suite executive level. CEO: I need to sign off on supplier compliance for the annual internal controls report, can you have the necessary assurances on my desk by close of business?

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Buyer Training 52

Claritum

SEPTEMBER 27, 2018

Claritum Article - Procurement Blog. This article will look at how this high level distinction impacts procurement and will also dive deeper into some of the resultant differences between these groups that impact on the procurement function. The NfP also has a greater focus on adding social value to a supply chain.

Optimal Sourcing 36

Optimal Sourcing Procurement Analytics Negotiating Skills Purchasing Skills 36

Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Unleashed

MARCH 7, 2021

It’s a new age, and businesses must be able to adapt their supply chain to the times. Thanks to modern technology, decentralising your supply chain is now a potentially viable option. But what is a decentralised supply chain, what are the pros and cons, and why is it different to a centralised supply chain?

Supply Chain Design Software 124

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Unleashed

OCTOBER 6, 2021

To achieve this the customer shares information on sales and product needs with the supplier, who is then able to ensure the correct amount of inventory is supplied. VMI creates efficiencies in the supply chain as it ensures data from sales is a key part of the inventory management system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Supply Chain Shaman

JANUARY 21, 2014

Nine out of ten supply chains are stuck. The secret to unsticking the supply chain is to redesign processes to be outside-in. The supply chain processes need to be designed from the market back. In companies, there is no standard model for demand processes. Growth has slowed. Complexity has increased.

Supply and Demand 346

Supply and Demand Modeling Demand Planning Software Forecasting 346

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices.

Supply and Demand 150

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

Precoro

APRIL 24, 2023

Establishing resilient supply chains is one of the top priorities for modern businesses, particularly when operating amid geopolitical volatility like the post-Covid aftermath, global repercussions of Russia's invasion of Ukraine, or extreme weather events. What is supplier onboarding?

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Importance of Teamwork and Collaboration in Inventory Optimization: Successful inventory optimization requires collaboration across departments, particularly involving purchasing and IT.

Inventory Reduction 81

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 81

Supply Chain Movement

SEPTEMBER 26, 2016

Global P2P departments are still on the journey towards true touchless end-to-end purchase-to-pay function. Attend this marcus evans Process Owners P2P strategy meeting to get a clear understanding of latest trends and best practices from peer lead practical case study sessions. Organiser: marcus evans Conferences.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

Supply Chain Opz

JULY 31, 2012

Case Studies. Cost reduction has always been the number one priority for a company. While a big chunk of cost lies within procurement, manufacturing and distribution activities, cost reduction from procurement function seems to deliver substantial savings quicker. Is Apple Supply Chain Really the No.

Price Reduction 100

Price Reduction Cost Reduction Strategies Expense Reduction Analysis 100

Claritum

JANUARY 25, 2019

Claritum Article - Procurement Blog. However, Supply Chain Management technology is beginning to catch on with SMEs, largely because of the significant cost control benefits and the increasing emphasis on control of supply chains and the internationalisation of these supply chains.

Negotiating Skills 36

Negotiating Skills Negotiate Pricing Supply Chain Software Purchasing Skills 36

Logistics Bureau

JANUARY 7, 2020

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers. Conversely, just 8% of businesses with less capable supply chains report above-average growth.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101