Supply Chain Shaman

JULY 25, 2021

Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. The average multinational has over a thousand continuous improvement programs. Supply chain leaders love fads.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Logistics Viewpoints

APRIL 25, 2024

Not only will this help optimize operations, but it will allow for performance to be benchmarked across sites, helping drive continuous improvement and the sharing of best practices. Create a facilities “Center of Excellence.” Digitize the periphery of the yard.

Expense Reduction 260

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 260

USC Consulting Group

JUNE 8, 2020

Continuous improvement has always been an important methodology for businesses looking to remain competitive; but now more than ever, it has become essential to face the challenges presented by the novel coronavirus. What is continuous improvement? Panic buying lays bare inefficiencies. The Shewhart Cycle: PDCA.

Continuous Improvement 64

Continuous Improvement Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 64

Logistics Viewpoints

APRIL 14, 2022

Furthermore, it should leverage advanced AI and analytics combined with a configurable platform to ensure tight communication, information sharing and continuously improved collaboration with multiple tiers of suppliers, logistics providers and partners.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 235

GlobalTranz

JANUARY 9, 2019

Editor’s Note: This article is from Steve Bettwy , Vice President – Quality and Business Continuity, Operational Excellence, and Continuous Improvement at Direct Supply. Today, for example, Amazon pre-loads un-purchased products onto a truck knowing they will be ordered by the time the truck reaches an area.

Purchasing Training 187

Purchasing Training Price Mitigation Strategies Training Freight 187

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism.

Demand Planning Software 255

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 255

Freightos

AUGUST 10, 2024

The system learns from these interactions, continuously improving its responses. ERP System Decision Making: Integrating AI into ERP systems could automate purchasing decisions based on real-time data on shipping rates and capacity.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Negotiating Skills 257

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. Gartner 2021 Women in Supply Chain Survey Shows Resilience, Improvement in Representation. Published 27 May 2021.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Kinaxis

DECEMBER 3, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. There are a number of techniques and tools that can help drive improvements across the company; 1) Systemic continuous improvement tools. Reason #2 Poorly executed or non-existent sales and operations planning. These are many and varied.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Followed by the benefits to reduce logistics cost of expedites, demurrage and detention (58%), increase cash on hand by improving inventory management (23%) and to optimize carrier performance (19%). Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Supply Chain Shaman

SEPTEMBER 13, 2016

It is clear that new outcomes cannot happen through a focus on traditional continuous improvement programs. As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. 4) Network of Networks.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

GlobalTranz

FEBRUARY 16, 2016

An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control. Create a consortium of buyers (a client and several of their suppliers) to buy needed logistics supplies (i.e. transportation fuel) at a reduced cost that comes with buying in greater quantities.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Supply Chain Shaman

MARCH 3, 2018

.” He continued, “Great mass marketing used be our differentiator, but now the barriers to entry have changed. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Their focus is on continuous improvement of current processes.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

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. How easy is it to buy from your company? Bio-engineering? Customization?

Supply Chain Design Software 150

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

QAD

MAY 28, 2024

Getting Transformation Buy-in From the Executive Team From the outset, TS Tech recognized the importance of securing executive management commitment—a critical foundation for any transformative endeavor. However, achieving buy-in from the entire team required more than just managerial support.

Supply Chain Software 96

Supply Chain Software Optimization Software Eliminating Excel in Purchasing Purchasing Training 96

Synovos

AUGUST 21, 2023

The program recognizes the winners’ commitment to continuous improvement in the prevention of accidents at work while examining health and safety management systems, including practices such as leadership and workforce involvement. “RS For more information, please visit [link]. Interested in our services?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Optimal Sourcing 52

Talking Logistics

FEBRUARY 24, 2015

For example, a 3PL can combine the freight of 30, 40 or 50 clients to give shippers far more buying power than they would command “going it alone” in these trying times. Commitment to continuous improvement, not just short-term savings: Transportation optimization is more than moving freight for the lowest cost. Excellence ?

Transportation Management 100

Transportation Management Optimal Sourcing Logistics Network Optimization Software Sourcing Strategies 100

Supply Chain Shaman

JULY 5, 2016

19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015. Supplier relationships in household products are more buy/sell. While Colgate posted better margin (.21

Supply Chain Planning Software 150

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

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 97

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 97

Procurement Academy

OCTOBER 19, 2023

Mastering the negotiation skills for procurement can accomplish two goals: Driving cost savings Improving your organization’s entire procurement strategy. Advance Procurement Excellence with Expert Negotiation Strategies With procurement excellence comes multidimensional skills.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

SCMDOJO

APRIL 20, 2023

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. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 115

Negotiating Skills Optimal Sourcing Manufacturing Procurement Procurement Analytics 115

Freightos

JULY 31, 2024

The system learns from these interactions, continuously improving its responses. ERP System Decision Making: Integrating AI into ERP systems could automate purchasing decisions based on real-time data on shipping rates and capacity.

Logistics Network Optimization Software 166

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling Software 166

Supply Chain Shaman

FEBRUARY 16, 2016

Many of my clients save 5-10% of funds from their continuous improvement projects and self-fund their efforts. Digital path to purchase? The automation of the moments of truth in the buying cycle to decrease demand latency and better sense shopper and consumer demand in real-time.) The next step is education.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

GlobalTranz

OCTOBER 23, 2015

Process improvements and Continuous Improvement Opportunities. Both parties must develop human resources to improve operations. Human Resources should be trained for continuous improvement. Six Sigma Quality and problem solving are necessary for Continuous Improvement.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. Businesses can keep the momentum by ensuring continuous improvement through systemic measurement, audit, and knowledge management. All of these changes in the marketplace meant that supply chains had been disrupted forever.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

QAD

SEPTEMBER 8, 2022

I wrote an Excel macro to replace the stopwatch, showed up at 5:00 am to be part of the team (we had a video camera, this was not necessary), and implemented a time-neutral suggestion of hers along with my optimization. Make a visible effort to collect suggestions once a week for continuous improvement , and roll them out regularly.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 98

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

SCMDOJO

FEBRUARY 20, 2023

This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Implement Logistics KPIs Identifying and tracking key performance indicators (KPIs) is essential for improving distribution operations. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. VMI is an excellent option for many dealers and distributors as it has the ability to increase inventory turns, reduce customer returns, reduce administrative costs and reduce lost sales. Stabilize the timing of Purchase Orders – PO’s are now generated on a predefined basis.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Refocusing on Operational Excellence In the previous section, we identified a number of drivers for operational efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

synchrono

OCTOBER 30, 2017

Successful projects start with buy-in from the top and an eKanban initiative is no exception. Let your leaders know project success is accelerated through gaining universal buy-in. (If Corporate leadership sponsored and evangelized the project, but we still needed buy-in at the local plant level.

Inventory Reduction 38

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 38

Precoro

JULY 15, 2024

The CPO leads the company's acquisition programs and ensures that they are purchasing goods and contracting services on time and in a cost efficient way. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 90

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

SCMDOJO

MARCH 19, 2024

This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Furthermore, They are tasked with developing strategies, managing relationships with suppliers and partners, and continuously improving the supply chain. Ensure timely delivery of goods and minimize procurement costs.

Optimal Sourcing 97

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 97