Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

QAD

MARCH 14, 2024

Episode #46: The Crucial Role Of Risk Management In Future Supply Chains Natural disasters, cybersecurity threats, global trade issues, equipment failure; supply chain disruption comes in many forms for automotive suppliers and companies can’t afford to take the pedal off risk management activities.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 97

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Silvon Software

APRIL 18, 2024

Optimizing Enterprise Performance Advanced data management and performance analysis tools like Silvon’s can leverage AI to easily integrate, normalize and store data from numerous sources within a single, secure environment that can be easily accessed by users across the organization using business terms they understand.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Management of the cash-to-cash cycle is critical to maintaining working capital. Inventory. This was not a new relationship.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

ToolsGroup

MARCH 31, 2022

They’ve inspired their teams with their persistent drive to deliver excellence and helped our customers keep service levels high despite demand and supply irregularities. As a result, our customers see us not as a vendor, but as a true partner in the management and improvement of their supply chains.”

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Supply and Demand ToolsGroup 120

GlobalTranz

FEBRUARY 4, 2019

Omnichannel sales result in an extensive level of communication and analysis of inventory across dozens, if not hundreds, of physical locations, warehouses, and distribution centers. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Instead, I would look at network flows, the form and function of inventory, cost-to-serve analysis, and the determination of the supplier network.

Supply Chain Design Software 287

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 287

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. It enables businesses to manage their procurement activities quickly and transparently, from requisition to payment. Let’s break them down.

Procurement Solutions 82

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 82

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. By using predictive models to determine the best route with the least risk, logistics companies help to ensure on-time deliveries.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. This precipitous drop in margin hurts. Companies are feeling pain.

Supply Chain Planning Software 290

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 290

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

Talking Logistics

JUNE 5, 2017

An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. What is happening to BMW today is another case study in supply chain risk management. At 9:05am today, an earthquake of magnitude 7.0

Supply Chain Software 123

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 123

Supply Chain Shaman

JUNE 2, 2020

The risk management concern of business leaders in January 2020 was climate action failure. Global Risk Management Report Study of Risks Published in January 2020. Global Risk Management Report Study of Risks Published in January 2020. Don’t buy just because you think technology is cool.

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 262

SYSPRO Smarter ERP

DECEMBER 11, 2023

Customer relationship management and service Excellent customer service is a key requirement for renewable energy companies. Inventory management and supply chain Managing inventory efficiently is key to reducing costs and improving profitability.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Vinculum

APRIL 18, 2022

Supply chains are now thought of while buying goods and services. Managers and companies see the supply chain as a wave of change that implies new methods of operations and strategies. Blue Yonder reveals how 58% of companies focused on sustainability which is excellent progress. Risk management is still important .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Agile and Lean Supply Chain 52

SCMDOJO

JUNE 28, 2024

The supply chain field offers a wealth of opportunities for women, making it an excellent career choice for many reasons: 1. The demand for strategic thinking and problem-solving skills creates a path for women to excel. 10 years of experience in purchasing and procurement, the tobacco market in particular.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

ThroughPut

APRIL 30, 2024

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. Blue Yonder: Comprehensive Supply Chain Planning Solutions Blue Yonder is an omnichannel planning platform that enables order fulfillment.

Supply Chain Planning Software 52

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

ThroughPut

OCTOBER 18, 2024

SAP Integrated Business Planning (IBP) – Best for enterprise resource planning and global supply chain management SAP Integrated Business Planning (IBP) is a comprehensive solution helping with supply chain monitoring, sales and operations planning, demand management, inventory planning, and supply planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

GlobalTranz

MARCH 4, 2015

Franklin Center for Supply Chain Management at the Martin J. Whitman School of Management at Syracuse University. We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 120

SYSPRO Smarter ERP

APRIL 4, 2024

The good news is that an ERP system with a focus on planning and shop floor management can help to make sense of a complex environment and help to manage these competing demands on the business via a comprehensive operations plan. From estimating to design to delivering a quality finish as a result of manufacturing excellence is vital.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

NC State SCRC

AUGUST 31, 2024

Most of the activity that occurs behind the scenes at all stages of the supply chain involves human activity, processing transactions on screens and Excel sheets. Useful for predictable tasks like inventory management and supplier selection, where consistent outcomes based on fixed criteria are essential.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Predictive Analytics Software Supply Chain Software 52

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” Risk management. ” Machine learning and the supply chain. Pattern recognition. Greater efficiency. New business opportunities.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Supply Chain Shaman

JUNE 21, 2023

We find that the companies with the most marked improvement in a balanced scorecard of growth, inventory turns, operating margin, and Return on Invested Capital (ROIC) are smaller and less well-known. A Focus On Risk. Why Not the Balance of Risk and Opportunity? However, no company wants to share insights from failure.

Gartner 364

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 364

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. Additionally, some ERP systems may not contain all of the functionality found within lower-level Transportation Management Systems (TMSs).

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 120

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

Kinaxis

DECEMBER 3, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. One example that I’ve seen several times is around inventory targets. Reason #3 Not having end-to-end supply chain visibility.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Kinaxis

SEPTEMBER 16, 2014

While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. She is analyzing growth, inventory turns, operating margin, and return on invested capital, performance and improvement over time. . “ Most of this middleware was Excel and Meetings. Strong horizontal processes.

Supply Chain Planning Software 279

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

Procurement Academy

JULY 19, 2024

This might seem straightforward, but a thorough assessment can uncover areas where you can consolidate purchases, standardize specifications or negotiate better terms. Before beginning, set clear procurement objectives, focusing on areas such as cost reduction, quality improvement, fostering innovation and risk management.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 52

SCMDOJO

APRIL 24, 2024

As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. That enables them to optimize inventory levels, reduce costs, and deliver products to customers with lightning speed. The future of supply chain management is one of innovation, resilience, and adaptability.

Optimal Sourcing 90

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 90

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. Inventory is the thread here that connects supply and demand.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. A company might order the same quantity of a product each month, not accounting for seasonal demand variations.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ThroughPut

MAY 16, 2024

Note that supply chain optimization goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. This opens up avenues to save procurement, transportation, inventory, and warehousing costs. With supply chain optimization, inventory levels are also maintained at optimal levels.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The company also taught them to understand the basics of negotiation and risk management.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Game Changer

AUGUST 3, 2021

There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Companies historically have excelled and differentiated themselves because of their R&D capabilities, their products, and their go to market strategy.

Supply Chain Strategy 119

Supply Chain Strategy Supply Chain Design Software Sourcing Strategies Supply Chain Design 119