SCMDOJO

DECEMBER 29, 2024

Key takeaways Importance of Procurement Procurement vs. Purchasing Key Functions Departmental Structure Role Descriptions The blog emphasizes the significance of a well-structured procurement department with qualified personnel to achieve organizational objectives. Providing In-Depth Analysis We’ve gone beyond simply listing the movies.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

RFgen

DECEMBER 19, 2024

And perhaps most critically, a lack of real-time visibility into stock levels prevents informed decision-making about purchasing, production, and fulfillment. Understanding Inventory Management Software Features Modern inventory management software automates stock tracking across warehouses using real-time monitoring systems.

Inventory Management Software 97

Inventory Management Software Analytics Software Supply Chain Planning Software Forecasting Software 97

Supply Chain Shaman

DECEMBER 27, 2022

In the process, there is a fine line between marketing hype and overpromising, making buying difficult. The key is that an excellent digital supply chain strategy starts with a clear goal rather than a list of technologies. For many tech providers, the message often becomes a religious argument. Who has the best approach?

Supply Chain Software 413

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 413

Logistics Viewpoints

SEPTEMBER 19, 2022

Mr. Welty founded a company that sold warehouse management systems (WMS) called AllPoints Systems in 1987. The company buying his company, EXE Technologies, is now infamous among those who have followed the WMS market. We asked for $2 million to buy more robots and then shortly thereafter another $4m. Fail Until You Win.

Modeling Software 280

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 280

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers.

Supply Chain Planning Software 298

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

Supply Chain Shaman

OCTOBER 7, 2012

There are seven primary agility levers: Analysis of Form and Function of Inventory: Form of inventory is the decision of what form to hold the inventory in: raw material, semi-finished good or finished good. Additionally, through network strategies, be sure to design your warehouses for flows. Tips on Executing Agility Well.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

Supply Chain Shaman

JULY 6, 2020

Tom, the colorful warehouse manager, constantly heckled Frank for the increasing inventory levels while Ed, the quiet material/logistics manager, constantly questioned if there was a better way. The analysis covers the period from 2010 to 2019. The analysis includes over 700 companies across 28 industry sectors.

Agile and Lean Supply Chain 301

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 301

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. Initially, this product will focus on the purchase order (PO) acceptance process.

Supply Chain Design Software 271

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 271

Logistics Bureau

MARCH 14, 2018

From a simple place to stock goods, warehouses have developed in many ways—function and form included. Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Where to Do Your Warehousing. Who Will Do Your Warehousing?

Warehousing 77

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 77

Logistics Viewpoints

JULY 18, 2022

Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. The company also does internal climate scores of employees at corporate, the branches, and the warehouses. This is an important analysis tool for maintaining a well-run supply chain.

Supply Chain Design Software 298

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 298

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

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.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Shaman

DECEMBER 30, 2021

With the full warehouses on the west coast, many of the chassis are under containers being used as overflow warehouses outside of retail stores and distribution centers. There is not a one-to-one relationship between a container and a purchase order. The average purchase order changes 3-4X before shipment. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Amazon Inside P&G Warehouses: A Case of “What’s In It for We”. With operational excellence a given, IT and talent become greater value propositions for 3PLs. The Google TMS?

Predictive Analytics Software 259

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 259

AIMMS

OCTOBER 22, 2019

The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from. Our initial analysis with AIMMS led us to close a depot, so it’s proved helpful and useful. Until recently, BT Supply Chain was an internal cost center.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 105

Inventory Reduction Expense Reduction Cost Reduction Strategies Inventory 105

Supply Chain Shaman

FEBRUARY 14, 2022

They gave lip service to the need for IT standardization, but ran their process on a custom built model that enabled reverse bill of material, and profitability analysis. They were ahead of their time on simulation analysis and cross-functional orchestration.). In 2022, I frequently ask companies to draw their river of demand.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. This is an analysis of traditional retail minus eCommerce pure plays.)

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Logility

OCTOBER 1, 2021

What-if analysis for F&B is quickly becoming a tool of choice to coordinate sales and operations planning (S&OP), align with supply chain partners, and track the effectiveness of the overall network. Q: What is what-if scenario analysis? What-if analysis allows businesses to thrive despite such insecurity.

Scenario Planning 130

Scenario Planning Modeling Supply Chain Planning Software Supply Chain Network Software 130

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Through detailed analysis of procurement processes, expenditures, and supplier negotiations, organizations can identify opportunities for cost reduction.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Blue Yonder has a track record of delivering WMS for some of the largest warehouse operations globally. In Charles A.

Supply Chain Planning Software 126

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 126

Supply Chain Shaman

OCTOBER 29, 2020

However, as will be seen through this analysis, we are propping up the cash conversion cycle by not collaborating with trading partners through transactional financial reengineering versus managing the processes to improve value. . Let’s learn from the past to unlearn to rethink supply chain excellence. My takeaway?

Optimal Sourcing 242

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 242

BlueYonder

JANUARY 12, 2023

With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. For many retailers, the first thought to reduce unsold items is to simply buy better. Forecasting ideal buy quantities is near-impossible. So, what can retailers do about this?

Inventory Reduction 98

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 98

My Office Apps

MARCH 26, 2025

Additionally, Kechie ERP features a B2B portal that allows wholesalers to view available merchandise in your warehouse and make purchasesstreamlining order management and communication. Supplier & Vendor Management: Automate purchase orders, track vendor performance with scorecards, and enable real-time collaboration with suppliers.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 64

Unleashed

OCTOBER 6, 2021

Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. Conduct an FSN analysis FSN analysis is used to categorise products as fast-moving, slow-moving or non-moving. Finally, ‘non-moving’ items are those that are not used over the analysis timeframe.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. Excess inventory is the stock remaining on shelves or in warehouses after customer demand for an item has been filled. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

GlobalTranz

FEBRUARY 4, 2019

With more devices and sensors connected to the Internet of Things, the analysis of data will help shippers decide how to approach each shipment, regardless of its origination, destination, and route. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. Building New Structures Using New Building Blocks. Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

ShipBob

APRIL 8, 2022

And proper SKU management requires accurate SKU analysis. In this post, we give you a closer look at what SKU analysis is, why you should analyze your SKUs, and how you can use SKU analysis to improve inventory management. What is SKU analysis? Why you should consider analyzing your SKUs.

Analysis 52

Analysis Procurement Analytics Inventory Management Software Inventory Reduction 52

ToolsGroup

FEBRUARY 5, 2019

These are good questions, Lord says, but getting to the next level of analysis requires categorizing inventory so that both the company’s goals and the drivers impacting inventory can be better understood and addressed. They can also be network design choices , such as where to locate a warehouse.

Supply Chain Design Software 120

Supply Chain Design Software Optimal Sourcing Supply Chain Design Inventory Reduction 120

6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy. What is warehouse inventory management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Logility

MAY 25, 2023

It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. At its core, inventory control is a delicate dance between having enough products to satisfy customer orders at the right reorder point and avoiding overstocks that tie up capital and warehouse space.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Inventory Optimal Sourcing 130