Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 84

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 84

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 68

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 68

Logistics Viewpoints

OCTOBER 2, 2023

ARC Advisory Group did a study on the supply chain collaboration network (SCCN) a couple of years ago. FourKites believes they have the largest repository of supply chain data in the world. A sales order, for outbound tracking, or purchase order for inbound tracking, becomes the unique identifier.

Real-time Visibility 242

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 242

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Supply Chain Competency: Focuses on core competencies to optimize operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 209

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

The Logistics & Supply Chain Management Society

JULY 20, 2020

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Leadership in Supply Chain. fashion, automotive, spare parts, airlines).

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

ThroughPut

OCTOBER 18, 2024

CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network. The real challenge?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

Ware2Go

NOVEMBER 15, 2021

Use this guide to understand warehousing services, prioritize service level agreements, and choose the right warehouse partner for your business. Table of Contents: What is Warehousing? What Is Warehousing? Types of Warehousing Services. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

Logistics Viewpoints

MARCH 4, 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 273

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 273

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. The ring of fire is corporate politics at the executive level on supply chain performance. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned.

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 326

Logistics Viewpoints

JUNE 12, 2024

Autonomous supply chains are systems that can operate with little to no human intervention, and they use artificial intelligence, robotics, automation, and sensors to optimize the flow of goods. The key technologies that enable autonomous supply chains are artificial intelligence (AI), robotics, sensors, and blockchain.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 257

Logistics Viewpoints

MARCH 9, 2023

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 219

Logility

OCTOBER 6, 2023

For the last decade supply chain leaders and CIO’s have been evaluating when and how to move their supply chain applications to the cloud. Increased visibility – a cloud platform provides real-time visibility into critical supply chain data, such as inventory levels, which can help you make informed decisions.

Supply Chain Planning Software 191

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 191

SCMDOJO

JUNE 28, 2024

In recent years, there has been a significant shift in the supply chain industry as more and more women are choosing careers in this traditionally male-dominated field. This rise of women in the supply chain is not only breaking gender barriers but also bringing a fresh perspective and new ideas to the table.

Negotiating Skills 88

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 88

Elementum

AUGUST 25, 2022

Effective supply chain management (SCM) is the cornerstone of business success. As digital marketplaces and JIT stock control become more prevalent, supply chain solutions must evolve to meet customer expectations. A delayed shipment of a critical part can cost thousands of dollars per minute of downtime.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 78

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

ThroughPut

NOVEMBER 12, 2020

Studies show that worldwide, companies spend an estimated $350 billion a year on warehousing, and this number is only estimated to increase with high dependence on traditional warehouse practices. Warehousing is a vital function of global supply chain management, however often overlooked. Lean warehousing.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

MAY 18, 2021

The Covid-19 pandemic has confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness. The sudden onset of Covid-19 only reinforced what supply chain professionals had already realized: uncertainty is the only real certainty.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

ThroughPut

MAY 16, 2024

In the context of supply chains particularly, agility is what can save the day in the midst of all those challenges. That’s where AI-powered supply chain optimization can make a difference. That’s where AI-powered supply chain optimization can make a difference. What is Supply Chain Optimization?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Jaggaer

JUNE 28, 2024

I was recently delighted to be joined in webinar discussion by Iain Prince, Operational Transformation & Supply Chain Partner at KPMG. The topic under discussion was current challenges in direct procurement. And [spoiler alert] our focus was not cost control in the traditional sense. No pressure, then!

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

Risks in halal supply chains The halal integrity of a brand (and its products) is a function of its supply chain, where a breakage in halal integrity anywhere in a supply chain becomes a breakage of its halal integrity. On the other hand, halal risks in the entire supply chain are not on their radar screens.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain Shaman

JULY 23, 2023

I never republished the report, because not enough has changed to warrant it.) The report centers on the concept of moving from inside-out to outside-in technologies. An outside-in model requires a redefinition making today’s supply chain planning technologies legacy investments.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 339

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. Eliminate All Waste in the Supply Chain So That Only Value Remains.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Optimal Sourcing 82

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 82

ToolsGroup

APRIL 1, 2022

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged Supply Chain.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 97

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. The customer’s order is complete.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

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 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. Resolving these challenges requires a dynamic, iterative approach.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

QAD

JULY 1, 2021

This is not to be confused with the cost of goods manufactured (COGM), which refers to just the cost of inventory that was finished and prepared for the sale in the period. Rather, total manufacturing costs include all related costs accrued in the period. What is Direct Labor? Is my selling price yielding my profit goal?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Cost Reduction Strategies Purchasing Skills 98

QAD

JUNE 25, 2019

Managing inventory effectively is a delicate balancing act, affected by lead times, supply chain efficiency , demand variability, product complexity, product life cycles, warehouse space and practices, among other variables. Using Metrics to Measure the Health of the Business. Tracking, Managing, and Choosing Metrics.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

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

Procurement Academy

JUNE 26, 2024

We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive. The global supply chain management market size is projected to hit around USD 72.1 billion by 2032.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Buyer Training 52