Logistics Viewpoints

JUNE 29, 2023

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

Manufacturing Procurement 189

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 189

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Unleashed

FEBRUARY 1, 2023

The onset of COVID and the rapidly changing environment of a pandemic-hit world has meant demand planning has become more difficult – and as a result, more critical – than ever. What is demand planning? Demand planning is the process of predicting what customer demand will be for a certain product.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Shaman

APRIL 16, 2024

Last week, I published an article on outside-in planning. The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. For me, the concepts of outside-in and self-service planning are intertwined. This is how we should jump.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

AIMMS

JULY 23, 2019

The agribusiness supply chain is highly complex. It’s not limited to managing crops and livestock, but encompasses all equipment, services, and product processing as well as commercialization. These intricacies make planning and decision-making difficult. Many of these factors are difficult to control and predict.

S&OP 156

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 156

Logistics Viewpoints

OCTOBER 12, 2023

Note: Today’s post is part of our “ Editor’s Choice ” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article is from Michael Balint at Solvoyo and looks at the fresh produce supply chain. To read the article, click HERE.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 235

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logistics Bureau

FEBRUARY 15, 2021

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. But all of those things become purchasing as opposed to procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Purchasing Skills Negotiate Pricing 98

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics 86

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 86

Supply Chain Shaman

JULY 30, 2022

A requirement to apply as an analyst position for AMR Research was to write an opinion piece and defend the article in an interview. My assigned topic was demand visibility. 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?

Supply Chain Design Software 195

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

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. ” Yet leaders with high-quality master data are 1.5x

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Logility

JUNE 2, 2023

In the intricate world of supply chain management, the accuracy of demand forecasting often serves as the cornerstone of business growth. The very foundation of operational efficiency, customer satisfaction, and overall profitability hinges upon the ability to predict demand with precision. Let’s get started!

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question. Here, in this blog, I explain.

Supply Chain Design Software 417

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 417

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Emergency Purchase Rate. Purchase Order Cycle Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How is AI Improving Supply Chain Management? I’m never one to jump on the bandwagon with emerging technologies.

Predictive Analytics 85

Predictive Analytics Predictive Analytics Software Supply and Demand Supply Chain Disruption 85

Precoro

AUGUST 26, 2021

Purchasing? Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined.

Pricing Training 98

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Shaman

JULY 23, 2023

In 2012, I published an article on Sales and Operations Technology (S&OP) Maturity. (I 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. What Is An Inside-Out Planning Process?

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 339

DynaSys

MARCH 17, 2021

Our What is Integrated Business Planning (IBP)? article notes that IBP is an Executive Management planning process that allocates financial resources to each operational unit of a corporation in order to support the corporation’s overall strategic direction. Determine The Financial Costs Of Supply And Planning Decisions.

S&OP 97

S&OP Supply and Demand Procurement Analytics Forecasting 97

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. Ronan Stephens, the Senior Vice President of Supply Chain Management and External Manufacturing, explained how the company set out on a journey to improve customer service while also reducing costs.

Customer Service 194

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 194

Arkieva

JUNE 28, 2016

Sales and Operations Planning (S&OP) is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. To learn more, please read my previous blog ‘ A Guide to Supply Chain Management: Making Intuition More Valuable ’. What is analytics?

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 99

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 99

Precoro

MAY 22, 2023

In today’s fast-paced corporate world, it's difficult to overstate the significant role that technology plays in the success of many organizations. Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Negotiating Skills 101

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 101

Logistics Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. In today’s dynamic business environment, disruptions like material shortages or changing customer preferences can cripple your bottom line. Traditional, linear supply chains struggle to adapt.

Modeling 251

Modeling Network Optimization Supply Chain Design Software Material Savings 251

Logility

AUGUST 11, 2020

The global food and beverage supply chain has been stressed to the breaking point by the COVID-19 Pandemic. Plant shutdowns due to outbreaks of COVID-19 and widespread shortages of imported food products have further aggravated an already stressed out F&B supply chain. The F&B Silver Lining.

Beverage 221

Beverage Supply Chain Planning Software Supply and Demand Supply Chain Software 221

Supply Chain Shaman

OCTOBER 17, 2023

When I am restless, I read articles on my phone. This notice of the Rodanthe house purchase by the National Park Service was listed in my news feed above an article that Elliott Management Partners announced a confirmed 13.8% On August 31, 2023, E2open reported fiscal second-quarter reporting. The reason?

Supply Chain Planning Software 375

Supply Chain Planning Software Supply Chain Software Procurement Solutions Eliminating Excel in Purchasing 375

Supply Chain Shaman

FEBRUARY 12, 2014

The complexity of changing product portfolios and the increase in demand-shaping programs (price and promotion) have distorted demand signals and made supply chain planning more complex. As outlined in my recent Forbes article, the cost to bring a new product to market has increased four-fold in the last five years.

Purchasing Skills 269

Purchasing Skills Procurement Analytics Manufacturing Procurement Supply and Demand 269

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. This monthly newsletter observes one or two important macro trends through the lens of Supply Chain Management. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. Stalling Demand. Prices of agricultural oils (e.g.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Logistics Viewpoints

JANUARY 26, 2021

Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supply chain professionals had already realized: uncertainty is the only real certainty. The Road to Agility and Resilience.

Agile and Lean Supply Chain 273

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 273

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. The supply chain career is new. Top Three Challenges for Supply Chain Employees.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. Email Address.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 108

Unleashed

JANUARY 8, 2024

Procurement management directly impacts your bottom line, making it a critical component of running a profitable product-based business. In this article, we look at the different stages of procurement management. In this guide What is procurement management? Once reconciled, the invoice can be approved and paid.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Skills Negotiating Skills 52

Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? We look at 17 of the most important ones and the best practices for tracking them in this article.

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Locus Robotics

JANUARY 2, 2024

Home January 02, 2024 5 Ways to Cope with Changing Logistics Demand in 2024 Inés Alcántara , Senior Sales Engineer In an era marked by unpredictability and technological advancements, understanding and adapting to the changing demands of logistics is not just an option, but a necessity for success.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52