Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. You’ll also learn about supply chain management and the various stages of the procurement process.

Supply Chain Design Software 116

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 116

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Proxima

SEPTEMBER 12, 2023

And what for procurement teams? Procurement will need to understand all the ways that AI could transform how attorneys manage their work and what challenges AI could create for legal suppliers that need to be considered. This helps ensure that all contracts meet applicable laws and regulations. Inaccurate reporting outputs.

Procurement 59

Procurement Predictive Analytics Software Supply Chain Planning Software Modeling Software 59

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. This article outlines five key challenges faced by buyers that can be addressed by a new type of procurement planning software, which we call a “buyer’s workbench.”

Procurement Solutions 52

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Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 80

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Enterra Insights

NOVEMBER 14, 2024

.”[6] During that check do the following three things: 1) Identify : Identify changing demand and inventory levels in order to work out critical gaps in supply, production capacity, warehousing and transportation. 3) Deploy : Create action plans based on scenario analysis to decrease the impact of disasters.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

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

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.

Inventory Management Software 125

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GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Use cross-functional teams to solve problems.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

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 55

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Unleashed

DECEMBER 14, 2018

Inventory control encompasses all aspects of managing a business’ inventory stock, from purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering. The SDE analysis is considered a common inventory control and optimisation method. What is an SDE analysis? Why is SDE analysis used?

Inventory Management Software 58

Inventory Management Software Analysis Inventory Management Inventory Reduction 58

Logistics Viewpoints

OCTOBER 4, 2024

It provides tailored insights on procurement, transportation, global trade, and warehousing, offering solutions that integrate data, analytics, and automation. This assessment goes beyond typical industry analyses by examining transportation technology applications and partnerships, as well as benchmarking existing 3PL performance.

South Carolina 238

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NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

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Logistics Viewpoints

FEBRUARY 8, 2022

Whether it means recognizing a skilled labor shortage at a specific warehouse today or anticipating a significant weather event next week, logistics professionals need to see exactly what is happening across the end-to-end supply chain, in real time. The Digital Warehouse, Fueled by Optimized Labor. While driving a projected $14.1

Logistics Network Optimization Software 208

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BlueYonder

SEPTEMBER 26, 2022

When these events reach the warehouse, agility and resilience are critically important to navigating through the issue with the least possible impact to operations and customers. We’ll continue our exploration of these disruptions and where Blue Yonder’s Warehouse Management System (WMS) helps enable resolutions that can ensure SLAs are met.

Supply Chain Disruption 59

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GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Increasing fuel costs also play into the available capacity woes.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Focus on Carrier Procurement and Management. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

GlobalTranz

JULY 28, 2021

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. These processes are intrinsically linked and require shared data and collaboration across all network partners.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Jaggaer

MARCH 23, 2020

Whereas analysis is focused on understanding what happened in the past and why it happened, analytics focuses on why it happened and using this intelligence to try and work out what will happen in the future. And that, of course, includes procurement professionals. As is well known, procurement generates massive volumes of data.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. However, there is so much more about modern transportation.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. Warehousing and Storage: The logistics department oversees the management of warehouses and storage facilities. But who are the key players behind the scenes?

Optimal Sourcing 98

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SCMDOJO

NOVEMBER 9, 2023

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.

Inventory Reduction 105

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 105

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. I saw how their platform unified finance and procurement activities, but not supply chain. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 228

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

Stord

JANUARY 26, 2021

Execution speeds are incredibly fast because expanding in the cloud doesn’t require lengthy planning and procurement periods. Warehousing and freight are as nimble as the cloud technology itself, as variable costs that are able to flex and scale on demand.

Supply Chain Planning Software 78

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software Modeling Software 78

SCMDOJO

JUNE 28, 2024

Flexibility and Remote Work: Work-From-Home Opportunities: Many supply chain roles, especially those in planning, analysis, and coordination, are well-suited for remote work. Maryna has: 5 years of experience in procurement training and consulting. 10 years of experience in purchasing and procurement, the tobacco market in particular.

Negotiating Skills 93

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Procurement Academy

JUNE 26, 2024

There’s a real need for individuals who possess not only operational knowledge but also strategic thinking, problem-solving skills, and data analysis capabilities. Strategic sourcing and procurement: Expertise in building strong relationships with vendors and negotiating the best deals.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Buyer Training 52

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

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SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. 5 – Procurement KPI Dashboard Excel Template Effective supply chain management requires the use of various tools and metrics to monitor and improve performance.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 105

Silvon Software

JUNE 1, 2023

The KPIs here highlight procurement, production, logistics, and customer fulfillment. This includes procurement, production, transportation, warehousing, and distribution. To integrate the data for reporting and analysis, consider the use of a data hub so everyone’s working with the same numbers.

S&OP 111

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ivalua

FEBRUARY 25, 2021

That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. Efficient warehouse management. Warehouse management in the healthcare industry requires transactional efficiency across order, labor and inventory management every day. Point-of-use data capture.

Supply Chain Planning Software 221

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ThroughPut

OCTOBER 18, 2024

Manhattan Associates – Best for warehouse and distribution management Established in 1990, Manhattan Associates is a leading company offering tools that help their partners navigate the supply chain effectively. The software is known for boosting warehouse efficiency, and helping time-sensitive items reach their locations faster.

Supply Chain Planning Software 52

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

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

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. By contrast, collaborative procurement strategies focus on creating mutually beneficial partnerships.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

SCMDOJO

DECEMBER 14, 2023

Limited Scope: Offers a more focused and individualized approach to the procurement process. Diverse Expertise: Leverages collective knowledge and resources for a more comprehensive and streamlined procurement process. Streamlining Logistics: Coordinating the logistics of procuring goods internationally involves a multitude of tasks.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104