SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Purchasing Training 87

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 87

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

GlobalTranz

MARCH 7, 2016

The digital business landscape for a shipper, such as the use of an ERP, TMS, and other digital aspects, such as The Internet of Things , provides unparalleled insight into how an organization in the supply chain can improve efficiency, visibility, and productivity. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 78

Logistics Viewpoints

FEBRUARY 5, 2024

Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 244

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 244

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

by Madeline Smith , Supply Chain Management Consultant at Clarkston Consulting. Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process?

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Elementum

FEBRUARY 7, 2024

These tasks range from simple data entry activities to more intricate operations like managing the supply chain. This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Unleashed

MARCH 6, 2024

Supply chain agility is the ability of a supply chain to respond quickly and effectively to changes in customer demand and external pressures. This guide breaks down supply chain agility – its benefits and the best-practice strategies for achieving it. Why is supply chain agility important?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Matters

JUNE 15, 2023

Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. Once more, the footwear provider has plans to double an existing U.S. sales, the supply network has domestic value of 70 percent of greater. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 76

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 76

Unleashed

MAY 25, 2023

Inventory planning enables you to order the right stock at the right time to meet demand and prevent overstocking. What is inventory planning? Inventory planning is the process of determining the optimal amount of inventory that should be available in stock at any one time to successfully meet customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Is your goal to do scenario planning that will help guide ongoing decision-making?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. P-D-C-A Method for Inventory Optimization: The P-D-C-A method (Plan-Do-Check-Act) serves as a roadmap for effective inventory optimization initiatives.

Inventory Reduction 87

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 87

ToolsGroup

JUNE 13, 2024

The key to success lies not just in the execution but in a strategic approach to planning, optimizing, and learning from each promotion. Instead, align your promo cadence with market expectations while ensuring each promotion is strategically planned and executed. The perception of a discount can be as important as the discount itself.

Price Reduction 156

Price Reduction Expense Reduction Resource Reduction Prescriptive Analytics Software 156

Locus

JUNE 24, 2024

Firstly, its platform provides comprehensive visibility and control over logistics operations, allowing retailers to streamline their supply chain processes from order placement to final delivery. The company’s scalable solutions cater to businesses of all sizes, supported by a robust global presence.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Design Software Analytics Software Optimization Software 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Therefore, the success of supplier performance management directly affects the quality of the entire supply chain.

Vendor Strategies 57

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 57

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. There are many definitions for lead time in supply chain management. Let’s dive in. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Explore Modern End-to-End Supply Chain for Real Business Growth. Explore Modern End-to-End Supply Chain for Real Business Growth.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Consumer Goods.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

ThroughPut

APRIL 6, 2020

What is supply chain planning? A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

What is supply chain planning? A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan?

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

QAD

AUGUST 4, 2021

While having your groceries, takeout, and new electronics delivered to your doorstep may provide an added convenience for you, what you don’t see is how that small, yet significant change, is sending a ripple of disruption in supply chains across all industries. . Cause of Supply Chain Scarcity and How It’s Impacting Auto.

Resource Reduction 98

Resource Reduction Material Savings Sourcing Strategies Supply Chain Strategy 98

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 188

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. New Supply Chain Leader of a Regional Children’s Hospital. “We Supply Chain Leader of a Large Hospital. “We

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

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. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Over the last few years,” Mr. Stephens explained.

Supply and Demand 193

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 193

Supply Chain Shaman

JANUARY 21, 2014

Nine out of ten supply chains are stuck. They are unable to drive improvements in both. The secret to unsticking the supply chain is to redesign processes to be outside-in. The supply chain processes need to be designed from the market back. New forms of analytics make new capabilities possible.

Supply and Demand 334

Supply and Demand Modeling Demand Planning Software Forecasting 334

EC Sourcing Group

MARCH 12, 2023

If you want to streamline your supplier evaluation process, increase supply chain efficiency, and reduce costs, building an ideal supplier scorecard is crucial. The supplier is a third-party vendor that provides goods, materials, and services to your organization.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

GlobalTranz

MAY 25, 2018

Although not subject to the risk of cybersecurity, the costs of manual processes and systems management can be up to 31-times greater than those of digital systems, reports informIT. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In 2014 Thoma Bravo acquired GHX, a Supply Chain Operating Network for healthcare. It is seldom positive for the line-of-business user.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Arkieva

AUGUST 24, 2016

Similarly, when it comes to customer-centric supply chain planning, technology advancement has led to a heightened customer expectation. Therefore, a true customer-centric supply chain initiative will need to go beyond the norm. What is a Customer-Centric Supply Chain?

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 60

EazyStock

NOVEMBER 19, 2020

Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time. Any supply chain management professional will tell you that it’s an arduous balancing act to maintain optimized inventory levels through effective stock replenishment.

Optimal Sourcing 98

Optimal Sourcing Negotiating Skills Inventory Reduction Purchasing Skills 98

ThroughPut

JANUARY 23, 2020

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. According to Gartner , supply chain organizations expect the level of machine automation in their supply chain processes to double in the next five years.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52