Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Unleashed

MAY 20, 2024

Unstable market conditions, client destocking, and the Red Sea crisis – in combination with the rise of average purchasing costs – are responsible for the recent drop in manufacturing PMI , according to data provider S&P Global. UK & US manufacturing sectors shrink as costs rise, new orders fall. Forecast demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. Supplier Approval – Places the company on the approved supplier list following the supplier evaluation process. The questions that are most often asked are: What metrics should I use? How is it possible?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Supply Chain Game Changer

OCTOBER 1, 2022

What You Need to Know About Electronic Logging Devices (ELDs)! Having an excellent business fleet is one of the secrets of highly successful companies. A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. Subscribe to Supply Chain Game Changer.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

Supply Chain Game Changer

NOVEMBER 5, 2019

In the world of Procurement and Operations one of the phrases that you will frequently come across is “MRO” But many people throw around the term without truly understanding what it means, and how important it truly is for the ongoing, and successful, operation of any company. So let’s try and provide some clarification.

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

BlueYonder

MAY 18, 2023

More recently we hear about the lack of or inability to supply semiconductors due to lockdowns in areas that produce them, which means we couldn’t get the electronics we want, such as new smartphones or even cars, or that the prices of those had risen significantly. This in the end will decrease carbon impact and help towards net zero goals.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 60

Supply Chain Shaman

FEBRUARY 27, 2020

I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) And again, companies aren’t sure how to configure themselves to play profitably in there.

Analytics Software 246

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 246

Supply Chain Shaman

APRIL 7, 2016

In this post my goal is to help companies build outside-in processes through a clearer definition. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. Reflection.

Supply Chain Design Software 150

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

Supply Chain Shaman

JUNE 14, 2014

“We live in a world where supply chains, not companies, compete for market dominance. But companies often have diverging incentives and interests from their supply chain partners, so when they independently strive to optimize their individual objectives, the expected result can be compromised. ”. This is a group of leaders.

Optimal Sourcing 286

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 286

Logistics Viewpoints

MARCH 9, 2023

Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. The planning process should be automated, repeatable, and not dependent on Excel-based manipulation.

Supply Chain Planning Software 205

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 205

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. However, this can be avoided by using electronic advanced shipping notifications within the purchase order and inventory management functions.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Supply Chain Shaman

AUGUST 14, 2016

They are not the same, and the delivery of a demand-driven strategy does not mean the company will enable a customer-centric supply chain, or build/implement outside-in processes. They are the most prevalent in the consumer electronics industry. For most companies it is weeks and months, but can be multiple quarters.).

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Many companies are already engaging in reverse logistics, but do not realise this because they call it something else. This usually happens when goods are retrieved for resale or recycling.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? Long ago, companies maintained a firm level of inventory due to low competition from its rivals. If so, then it’s time to consider the numerous benefits of reducing inventory.

Inventory Reduction 93

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 93

Kinaxis

MAY 18, 2016

Michael Massetti is Executive Partner in Supply Chain at Gartner, a leading technology research company. He has a background in the world of technology, having led Supply Chains at some of the world’s largest tech companies. What different Supply Chain challenges do you think each of these types of companies encounter?

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Supply Chain Game Changer

NOVEMBER 17, 2018

From clothing to electronics to toiletries, you can find almost anything on Amazon. 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. UPC codes help the fulfillment company keep track of orders and prevent mistakes.

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

ShipBob

NOVEMBER 6, 2023

An inventory audit is defined as the process of checking a company’s actual inventory levels against their financial records to ensure accurate inventory accounting. Inventory audits can be performed by the company or an outside auditor to identify any problems with the inventory storage and accounting methods a company is using.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

synchrono

DECEMBER 18, 2017

So, once you have universal buy-in on the project (see Guest Blog1: Real-world Advice for Getting Started on eKanban ), the first step toward execution is to develop a good process, or value-stream map. Some manufacturers experience supplier resistance to a new electronic Kanban solution. Monitor your metrics. Freight costs.

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. Some interesting insights: There were 0 companies from Retail, Paper & Packaging, Pharmaceutical, or Medical Devices. I find it more objective because it is broken down by industry.

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

The Lean Supply Chain

JULY 7, 2015

The other software companies that sell YMS below, sell it in conjunction with a Warehouse Management System (WMS) and Transportation Management System (TMS) so there is no way to gauge those YMS sales as they could be with, or without, the YMS system depending on the customer’s needs. Cloud (the Internet) is what most every YMS user wants.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Software Demand Planning Software 40

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. Subscribe Here! Email Address.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

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

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The local service company is available ten weeks from now, and I will pay the bill. His comment was, “Lora, these companies are taking responsibility for the entire supply chain.”

Customer Service 298

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 298

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. In small companies it may be the owner or general manager who decides on optimal safety stock levels.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

Logistics Bureau

DECEMBER 20, 2021

The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. Every company that depends on selling a physical product needs to know how fast the product moves. Every company that depends on selling a physical product needs to know how fast the product moves.

Inventory Reduction 77

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 77

Supply Chain Shaman

NOVEMBER 14, 2016

Slowly, more and more companies are waking up to the cold, and hard facts. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. A ranking in the top 2/3 of the peer group qualifies a company for further analysis. I have personally experienced the failure.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

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. Logistics personnel and supplier management pointers. Tips for improving customer experience.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

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

6 River Systems

JUNE 29, 2020

“The pandemic, however, is affecting supply chains in the aircraft, automobile, electronic products, hospitality, medical, pharmaceutical, retail, technology, travel, and personal service/support industries.” Flexible networks help companies adjust quickly in times of stress. Get to know your potential suppliers.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

NC State SCRC

APRIL 20, 2016

’ The kid’s name was Dan Bricklin and he joined with Bob Frankson to start a company called Visicorp that became Visicalc …and what he had just showed me was the first spreadsheet in the world, which eventually became the foundation for Excel, one of the most applied tools in the world.”

Procurement Solutions 40

Procurement Solutions Procurement Analytics Purchasing Skills Analytics Software 40

NC State SCRC

DECEMBER 28, 2015

As people conduct more and more transactions electronically, whether it’s consumers on Amazon or organizational buyers on Ariba, Coupa, or other P2P solutions, the relational component of supply chains seems to be going down. UPS and FedEx both saw package volumes soar by 17% or more during the Christmas season over last year).

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

Supply Chain Game Changer

NOVEMBER 25, 2018

Samsung Electronics. I don’t for one second deny that the companies on the list have great supply chains, but there are so many advances in Supply Chain technology, talent, skills and capabilities that it is hard to believe that all of this excellence is restricted to the same group of 20 companies year after year after year.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. Admittedly, the ranking is pretty much a beauty contest, since Gartner’s own analysts have the most input into which companies are chosen.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

6 River Systems

APRIL 4, 2019

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. In 2019, gathering unique data will be more prominent in the brains of logistic companies.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

3rdwave

JANUARY 23, 2019

Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. The use of spreadsheets or siloed databases for Logistics data management is a tell-tale sign that a company is a laggard in its handling of critical information. Why should Logistics care?

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 86

6 River Systems

JULY 25, 2019

Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals. Calloway Cook Calloway Cook is the Founder of Illuminate Labs , a dietary supplement company that does business differently.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

EMERGE App

MAY 20, 2023

So waiting for customers to recognize and buy your products may only prove detrimental to your business despite your product or service quality. Who is most likely to purchase your product immediately? The latter will cause them not to buy your product that is intended to be an answer to their need. I know you ask.

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Negotiating Skills 52