Logistics Viewpoints

APRIL 14, 2022

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The user should also have easy access to related attachments and reference documents.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 237

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Supply chain visibility provides the ability to view and track inventory in real-time or near real-time across all modes from raw materials to finished goods at the customers door. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

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

Taulia

NOVEMBER 28, 2021

Inventory management is a core procedure in most businesses’ daily operations, ensuring that goods and materials are where they ought to be when they’re needed. But to get the most out of your inventory management process, you need to intelligently monitor performance. Average inventory. Inventory accuracy.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Precoro

JANUARY 30, 2023

As a company slowly grows, purchase management becomes more and more complicated. The need to manually create, store, manage, and analyze the ever-growing purchase orders and all associated documents can be pretty cumbersome. Plus, find a comparison table of some free purchase order software and paid programs.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

Precoro

OCTOBER 2, 2023

Now, companies can handle the pre-PO procurement processes, identify purchasing needs, order and approve purchases, receive invoices, and pay for goods all in one system. The PR should contain information about the required items and, if necessitated by company policy, justification for the purchase.

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Kinaxis

SEPTEMBER 10, 2014

Excess and obsolete inventory. When you don’t make what you sell and don’t sell what you make you create inventory. A well-executed sales and operations planning process can transform a company; allowing them to better control inventory and costs while meeting rapidly changing demand pictures. How about excellent planning?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning S&OP Supply Chain Software 235

Supply Chain Shaman

DECEMBER 30, 2021

There is not a one-to-one relationship between a container and a purchase order. As a result, a purchase order can cover multiple containers; and a container can carry multiple purchase orders. The average purchase order changes 3-4X before shipment. Break your dependency on Excel Spreadsheets. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

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.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company implemented SAP Advanced Planner and Optimizer (APO) including the standard functionality of Demand Planning (DP), Supply Network Planning (SNP), and Production Planning and Detailed Scheduling (PPDS), yet many planners also used Excel.

Demand Planning Software 256

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

Talking Logistics

SEPTEMBER 13, 2016

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. Best-in-class companies tend to have end-to-end supply chain integration.

Real-time Visibility 100

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

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

Supply Chain Game Changer

AUGUST 29, 2019

Do You Want Inventory Turnover Breakthrough? It’s still being recorded in inventory and accounting systems. After an asset has broken, been sold, been misplaced or otherwise become unusable, it sometimes doesn’t get properly accounted for in inventory and record-keeping. Subscribe Here! Email Address.

Inventory Reduction 65

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Design Software 65

SCMDOJO

AUGUST 15, 2024

Email hosting facilitates this by allowing multiple stakeholders to connect effortlessly, share documents, and update project statuses in real-time. For instance, users can link emails directly to inventory management systems or customer relationship management (CRM) platforms.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Software Analytics Software Forecasting Software 98

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service. Analyzes data to predict future inventory requirements and avoid stockouts.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 79

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 79

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

OptiProERP

JANUARY 17, 2023

Inventory Management. Having the right inventory on hand to build your products is crucial. At the same time, you don’t want to have too much inventory, as that results in carrying costs and waste. It should track the status and location of every inventory item. Supply Chain Management.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

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.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Unleashed

JANUARY 25, 2021

The purpose of a purchase order. Purchase orders are a crucial part of your purchasing processes. Purchase orders (PO) document the purchasing part of your inventory management system and are legally binding documents. How do you create a purchase order template?

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing New Zealand 90

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 267

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 267

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse. What are some examples of Supply Chain Analytics?

Prescriptive Analytics Software 111

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

OptiProERP

NOVEMBER 3, 2022

Use Case #1 – Medical Device Manufacturer Needs Integration with Inventory and Production. They need an integrated system to manage their inventory and shop floor to handle this increased production. They also would like to automate the purchase order process and vendor management. It will more than double its staff.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Manufacturing 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. When an order is confirmed, the items need to be collected from inventory and packaged for shipment.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Synovos

JUNE 22, 2023

The company had already learned that Original Equipment Manufacturers (OEMs) do not maintain inventory of specific spare parts, but instead supplies those parts on an as-needed basis. Manufacturers were carrying these long lead time spare parts in inventory to avoid downtime while absorbing all associated costs. Can they be fabricated?

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Manufacturing Procurement 52

QAD

OCTOBER 26, 2023

For companies concerned with operational excellence — and profitability — this needs to change and many need to address global trade management complexities. How will you make sure that unused returns go back into inventory instead of being scrapped? Ensures all relevant and needed documents are included.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 98

SCMDOJO

FEBRUARY 21, 2024

Acting as the central orchestrator, a 4PL integrates various elements of the supply chain, including purchasing, transportation, warehousing, and distribution, into a cohesive and efficient system. Taking this step would make sure the whole corporate process buys into your idea and individual performance meets your ultimate decision.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Logistics Supply Chain Planning Software 3PL 97

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

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. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process?

Reverse Logistics 98

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

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management.

Gartner 120

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

Supply Chain Shaman

OCTOBER 2, 2020

Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence. Historic processes are inside-out tightly integrated to orders and purchase orders. Defining the Customer Experience Through Supply Chain Excellence. The answer?

Customer Service 298

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

Unleashed

JULY 23, 2024

Inventory control software is a pivotal tool for managing stock levels efficiently. It helps streamline the process of tracking, ordering, and distributing inventory to bring your carrying costs down and improve productivity. What makes the best inventory control software? However, every business has unique needs.

Inventory Management Software 52

Inventory Management Software Analytics Software Forecasting Software Demand Planning Software 52