Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. In a nutshell, the pandemic has increased the importance of supply chain, posited it as a ‘cool’ career choice, and strengthened the need for job seekers to improve their supply chain skill sets.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. At its core, an online procurement system centralizes purchasing activities. At its core, an online procurement system centralizes purchasing activities.

Procurement Solutions 82

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 82

Procurement Academy

MARCH 12, 2024

In response to these challenges, Skill Dynamics is proud to introduce the Future Skills course for Cost Optimization. This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Unleashed

FEBRUARY 9, 2023

Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. Identify identical or similar MRO inventory stock items to determine if spending can be reduced through bulk purchases.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement allows obtaining well-structured and relevant data, which is indispensable for prioritizing purchases and balancing the quality and price of goods or services. Green Purchasing. Procurement Training. Risk Management.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Elementum

FEBRUARY 7, 2024

Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing. Measuring Automation Success Evaluating the effectiveness of business process automation through AI requires a focus on specific metrics and their influence on organizational goals.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

MAY 2, 2016

With the rise in complexity, most Supply Chain Metrics That Matter are going backwards (inventory turns, ROIC, operating margin and growth). Avoid buying software from a consulting company. Technology leadership and consulting leadership are different skill sets. Do not buy software based on partnerships.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Nick is a master of influence skills and building cross-functional, horizontal processes. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. The reason?

Demand Planning Software 256

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 256

SCMDOJO

JULY 3, 2023

Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer. The fantastic employment options that procurement training opens up are among the most convincing arguments for doing so.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. A grounding in all of these areas and disciplines is excellent and mandatory for anyone looking to work in Supply Chain. Creating a High Performance Organization! Infographic).

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

Precoro

SEPTEMBER 23, 2024

Efficient management of catalog items is one factor that distinguishes chaotic purchasing from organized procurement. Procurement teams that want to speed up the purchasing process and reduce errors while adhering to quality standards and budget limitations must have quick access to pre-approved items from vetted suppliers.

Procurement Solutions 82

Procurement Solutions Purchasing Skills Pricing Training Negotiating Skills 82

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase. Let's learn more about them.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Supply Chain Shaman

APRIL 15, 2015

Buying these solutions is far more complicated than is represented in a simple four-box quadrant. To have this discussion with the buyer of technology requires a mature analyst and a research methodology that analyzes user satisfaction. The buyer was wary: they wanted a new approach. It is complex. There are many parameters.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

MARCH 29, 2015

E2open went public in July 2012 and in February 2015 participated in a private buy-out for $273M by Insight Venture Partners. Prior to the buy-out, E2open’s stock price was battered with a decline in the company’s shares by 74% over the last year. The initial public offering of 4,687,500 shares of its common stock at $15 per share.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Network Software Supply Chain Software 150

Unleashed

DECEMBER 6, 2021

For example, if your software can consolidate information into one place, you will always have what you need to negotiate deals and contracts – and at a glance. Such information should include pricing (including quantity pricing and quantity discounts), purchase currency, margins, transaction histories, and key contact information.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Provenance

OCTOBER 1, 2018

This role is well suited to someone with 3-5 years Marketing experience, but your communication skills must be second-to-none. Ensure accurate reporting of key daily metrics to optimise outreach. Produce annual and quarterly marketing plans and deliver agreed KPI metrics to the Board reporting platform in a monthly and quarterly basis.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Supply Chain Network Software Negotiating Skills 40

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. With a focus on high performance work teams and principle-based leadership, the AGCO production teams are skilled at working together to solve problems. Improved On-The-Job Training. Today, I got a quick email from Peggy Gulick. She had some exciting news. Time to Value.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. At Supply Chain Insights , this is our passion.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Logility

AUGUST 23, 2016

Most likely the company will still need to forecast raw materials, purchased components, and/or sub-assemblies to be able to meet customer demand. Creating an accurate forecast requires skills in statistics, knowledge of the company’s products, customers and markets, and experience in making sense from lots of conflicting data.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

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. Buyers don’t want a case or a pallet. Disintermediation.

Supply Chain Planning Software 150

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

ShipBob

SEPTEMBER 27, 2021

The Director of Ecommerce’s goal is to oversee the ecommerce functions of the business in all of its various forms — from getting people to the store, to converting visitors into long-term buyers. Interviewing candidates, hiring the right people, and training them to have an impact is a big responsibility for an Ecommerce Director.

Inventory Reduction 59

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 59

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. 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. How good of a buyer are you?

Supply Chain Design Software 150

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

Supply Chain Game Changer

DECEMBER 3, 2019

As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. First I would talk with the 3 main people in charge of the Inventory Management and Procurement buying functions within the company.

Inventory Reduction 56

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 56

Zipline Logistics

MARCH 18, 2020

It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. Vendors scheduling their own Sam’s Club deliveries could need training to adjust to the new application. Tougher OTIF Standards at Sam’s Club.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

ShipBob

SEPTEMBER 27, 2021

The Director of Ecommerce’s goal is to oversee the ecommerce functions of the business in all of its various forms — from getting people to the store, to converting visitors into long-term buyers. Interviewing candidates, hiring the right people, and training them to have an impact is a big responsibility for an Ecommerce Director.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 15, 2018

Executive Buy-In and Ongoing Support. First of all if you don’t have Executive Buy-In you are dead in the water. In my experience finding this particular skill is very difficult. Metrics on quality, throughput, speed, waste and variations on all the above are likely captured precisely at every step of your operation.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Lean Purchasing Training Negotiating Skills 43

Supply Chain Game Changer

NOVEMBER 17, 2018

Always check the purchase price of the item you want to sell in the Amazon Revenue Calculator to see how much profit you will make after Amazon assesses their fees. You may need to negotiate with a supplier to get the costs down. Ecomcrew has a great guide for contracting and negotiating with Alibaba suppliers. Order UPC Codes.

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

Supply Chain Insights

JULY 3, 2017

93% of Pinterest users use the platform to plan or make purchases. Think about this: if you are a retailer that wants to expand margins using the same amount of trade spend, focus on those products that the Pinterest shoppers are researching and buying, and pair them with other products on deal. That helps a lot, doesn’t it?

Supply Chain Planning Software 110

Supply Chain Planning Software Logistics Network Optimization Software Pricing Training Supply Chain Network Software 110

Supply Chain View from the Field

OCTOBER 4, 2015

Other indicators included data pulled from the Federal Reserve economic database, the Producer Price Index, the Purchasing Managers Index, as well as internal metrics such as the size of the company’s own sales force. For example, do we have the information on when we are buying energy – during peak hours or not?

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Supply Chain Shaman

AUGUST 21, 2015

Since the last report, Kinaxis successfully launched an IPO on the Toronto Stock Exchange, E2open launched an IPO and then went private with a buy out by Insights, IBS and Steelwedge sought new rounds of capital, and WAM Systems and Acorn Systems have new owners. The documentation is evolving and there are few trained consultants.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

Precoro

AUGUST 15, 2022

Today, managing an effective enterprise requires experience, skills, and business acumen, but above all, intelligent management of business processes and the help of technology. The company pays the full cost of the one-time perpetual license upfront and also pays for periodic training, support, and updates. billion by 2025.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

NC State SCRC

OCTOBER 12, 2016

He then went into global imports for the central purchasing group in Raleigh. In 2013 we had $8M of raw material inventory – due to poor purchasing, poor safety stock decisions, and a lot of WIP in the system. Stuart discussed the need for a supply chain Swiss Army knife skill set. Today, we are at 5.5M

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. At the very least, they should see a message indicating that the products are out of stock before they make the purchase.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

HICX Solutions

AUGUST 11, 2021

Added to the communication aspect, Charlotte points out the importance of providing even more training. I think this is a really big wake up call for buyers.” . We have clear metrics that talk about payments on time to suppliers, or, if they raise an issue, how quickly is that getting resolved. We are discussing them.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52