Supply Chain Shaman

MARCH 21, 2024

At the time, many business leaders did not know how to type and had no idea how to use a computer. In my first classes, I taught the group how to speak the language of demand—forecastability, Forecast Value Added (FVA), backcasting, demand and market latency, and market drivers. Lack of executive buy-in. Let me explain.

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

Supply Chain Game Changer

JANUARY 27, 2022

How to Buy Your First Bitcoin! Buy Bitcoin Crypto article and permission to publish here provided by Jean Nichols. Everyone wants to invest their money somewhere where the investment is safe and provides excellent returns. Buying bitcoin is not a hard-working procedure. Subscribe to Supply Chain Game Changer.

Eliminating Excel in Purchasing 90

Eliminating Excel in Purchasing Demand Planning Software Security Just-in-Time 90

Supply Chain Shaman

APRIL 19, 2024

In addition, a purchase order changes three-to-four times and there is a black hole (data is caught between email systems of trading partners for one-to-two days). Shipment data is the most important, but we have not figured out how to best move logistics network data across trading partners. PE Firm Buy-out and Consolidation.

Supply Chain Network Software 298

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 298

Supply Chain Game Changer

SEPTEMBER 7, 2022

It’s excellent protection against rain on what could’ve been a perfect day, too. You can attain an industrial tent by either buying or renting it. The method you choose depends on what you’ll use it for and how long. But now comes the question of whether you should buy or rent one. When To Buy. When To Rent.

Eliminating Excel in Purchasing 91

Eliminating Excel in Purchasing Purchasing Training Industrial Industry 91

ToolsGroup

JULY 6, 2021

I suggested a POC as a way to “try before you buy” and mitigate the risks of choosing a supply chain planning solution that doesn’t fit your organization or live up to its marketing materials. In this post, I’ll dig deeper into how to run a successful proof of concept. But first, let’s recap what a proof of concept is.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Procurement Solutions Modeling Software 156

Locus

MAY 2, 2023

But how do they ensure effective third-party deliveries and excellence in their e-commerce logistics operations, given that they outsource last-mile logistics to third-party providers? Also, 60% of customers stated that the buying experience made them buy directly from a brand. of total e-commerce sales.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Logistics Network Optimization Software Logistics How To 52

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. They do not excel in planning or forecasting.

Procurement Analytics 350

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 350

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. The focus by Anne, the CIO, is on the deployment of an outdated ERP system purchased five years ago. Let me explain.

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Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 326

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Operational excellence systems for the best use of the human resource.

Logistics Network Optimization Software 255

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 255

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

Supply Chain Shaman

DECEMBER 15, 2022

” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?” Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. Functional Metrics.

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

Supply Chain Shaman

APRIL 29, 2024

Here I share how to challenge the status quo. In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. How can I improve the process of software selection? Reflection. The reason?

Supply Chain Planning Software 394

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 394

Procurement Academy

OCTOBER 19, 2023

Advance Procurement Excellence with Expert Negotiation Strategies With procurement excellence comes multidimensional skills. By identifying cost-saving opportunities like bulk purchase discounts, they can significantly impact both an organization’s profitability and market competitiveness.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Locus

AUGUST 5, 2024

This was where we looked at the unique capabilities of AI and ML and how we could embellish our solutions with these technologies to enable that unique competitive edge across each stage of the order (purchase, fulfillment, and returns). More of which we will outline in our upcoming blogs. We hope you found this blog insightful.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Modeling Supply Chain Software Agile and Lean Supply Chain 52

ToolsGroup

JUNE 10, 2022

Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. 6 Examples of Excellent Customer Experiences. How does a great in-store customer experience boost loyalty? Image source: Ikea.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Herlitz Inventory Management

MARCH 24, 2022

If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy. How Much Extra Inventory Should You Buy? How to Forward Buy when Vendors Can’t Keep Up.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Low-Quality Documentation.

Procurement Solutions 80

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 80

Locus

SEPTEMBER 26, 2024

However, no matter how good anything is, it will always have an Achilles heel, at least a possibility of one. Retail companies rely on supply chain processes to deliver excellence to their customers and that’s where the problems usually start. The post How to Prevent Retail Supply Chain Attacks appeared first on Locus Blog.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Software Retail 52

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. The type of retail experience speaks volumes about the quality of your products and how much you value your customers. So, how exactly do you create an exceptional retail experience? an ad on Instagram) to delivery.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Supply Chain Game Changer

SEPTEMBER 16, 2022

We have come up with some tips and tricks to help you excel in the game. Before eventually buying crosshair placement, you can learn about crosshair placement and practice with multiple operators. The game has a buy system that only uses the in-game currency, but you need to be extremely careful when you are buying something.

How To 81

How To Eliminating Excel in Purchasing Buyer Training Purchasing Training 81

Locus

OCTOBER 7, 2022

However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? Below are key takeaways from the session “ Buy vs Build? How To Get The Best of Both Worlds from Your Last Mile ”. How does that bring value to you?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Demand Planning Software Procurement Solutions Eliminating Excel in Purchasing 52

crisp

MARCH 24, 2022

They can purchase (expensive) syndicated data, but that involves multiple players, multiple reports, and infrequent updates. Even if everybody saw your ad and rushed over to buy the product, you might not know unless the retailer gives you that information.” It’s crucial to understand your trade spend and how it varies by region.

Retail 98

Retail Data How To Supply Chain Planning Software 98

Supply Chain Shaman

OCTOBER 23, 2024

As companies consider purchasing new solutions based on better planning engines—machine learning, rules-based ontological frameworks, narrow AI, pattern recognition, large language models, and sentiment analysis— I ask for the use of caution. However, SAP supply chain planning is an excellent system of record. You need both.

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Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 263

Supply Chain Shaman

JUNE 28, 2021

An enlightened leadership team wanted to be sure that the organization knew how to make money through bi-directional orchestration of the bill of materials. Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 236

Supply Chain Game Changer

OCTOBER 25, 2022

This requires shared reporting systems and excellent communication. In Europe, around 51% of potential customers report a reluctance or refusal to purchase goods in packaging that knowingly damages the environment. The post How to Strengthen Supply Chain! This way, Automate where possible.

Supply Chain Software 93

Supply Chain Software Supply Chain Optimization Supply Chain How To 93

DELMIA Quintiq

DECEMBER 2, 2019

Grocery retailers that want to excel in this space — while protecting their bottom line — need to optimize their logistics planning. They can choose where and when they want their purchases delivered; retailers trying to outdo each other are providing shoppers with flexibility through more delivery options, faster speed and even lower prices.

Eliminating Excel in Purchasing 45

Eliminating Excel in Purchasing Supply Chain Planning Software Purchasing Skills How To 45

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. As a result, organizations struggle with how to move forward. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. They are just too risky.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

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. 2 is the number of the row for that SKU. Why is safety stock important? Stock outs and efficiency.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

ToolsGroup

SEPTEMBER 15, 2015

Lora Cecere, founder of Supply Chain Insights, noted in a recent webinar that a common outcome of these failed implementations is that supply chain organizations end up in “Excel ghettos where lots of people are touching data but not improving it.”. Click here for an introduction to a Proof-of-Concept based evaluation methodology:

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 120

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Retail shops are vendors for each individual customer buying sneakers. It would make more sense to buy lemonades rather than produce them in-house. Blurred lines. You might have wondered.

Manufacturing Procurement 75

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 75

Supply Chain Game Changer

OCTOBER 10, 2020

How to Maintain a Photocopier article and permission to publish here provided by Daniel Calvin at number1officemachines.com.au. Point to be noted here is that the way you generally handle your machine is a big factor in how it performs in the long run. Be sure to follow our tips on how to maintain a photocopier. Subscribe Here!

How To 96

How To Optimal Sourcing Eliminating Excel in Purchasing eBook 96

Supply Chain Game Changer

AUGUST 5, 2020

The following materials are excellent shock absorbers that you can put inside the boxes to ensure the safety of your shipment: Bubble wraps Corrugated boards Engineered foam Kraft paper Polybags (for preventing water damage). Purchase parcel insurance. The post How to Prevent Shipping Damage!

Shipping 98

Shipping How To Eliminating Excel in Purchasing Packaging 98

Supply Chain Shaman

OCTOBER 29, 2020

While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. Let’s learn from the past to unlearn to rethink supply chain excellence. We do not know how to walk the talk. I shook my head in disgust at the waste in the process.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

DELMIA Quintiq

NOVEMBER 17, 2020

Provide procurement more negotiation power with suppliers of materials and services, as well as the ability to automate purchasing and production decisions based on real-time price and market data. Accomplish operational excellence and higher production quality while reducing costs, leveraging Manufacturing Operations Management (MOM).

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

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

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories.

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Supply Chain Planning Software Trends Retail Forecasting Software 177