The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Let’s take a closer look at sourcing.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

One of the ripple effects of the pandemic was that domestic sourcing, where possible, grew as companies could no longer import products for their production line. Multi-sourcing became more palpable as single sourcing – especially offshore – was understood to be a risky strategy.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Planning Software Sourcing Strategies 105

BlueYonder

OCTOBER 6, 2023

Short-term visibility at the Purchase Order/ASN level is insufficient. Balancing Lean and Resilience: Historically, supply chains have primarily adopted a “one-size-fits-all” lean approach, emphasizing operational excellence to boost efficiency, reduce waste, and eliminate non-value-adding activities.

Waste Reduction 85

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 85

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. Lean, Blockchain, Industry 4.0, If you want to drive change, start by defining supply chain excellence.

Procurement Analytics 370

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

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. Troy-Bilt: TRs were used.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

Silvon Software

APRIL 18, 2024

Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically. For example, analyzing procurement data to identify opportunities for bulk purchasing discounts or renegotiating supplier contracts.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. How Do You Define Supply Chain Excellence?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

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

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season. Clustering allows for shorter agri-food supply chains and therefore lower costs, but also a source for synergy (through collaboration) and innovation.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is the process of purchasing the goods, components, and raw materials needed to build and sell products. The replenishment process involves sourcing suppliers, procuring products and materials, developing effective delivery processes and coordinated lead times, and regularly reviewing current inventory processes.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Supply Chain Shaman

MAY 21, 2013

We have used Lean process systems and swim-laned ourselves to death. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. The focus has been on sourcing and managed costs. They are primarily focused on cost management on new purchase decisions.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

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

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

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson.

Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. APIs are integrated into an ERP system for manufacturers to gain first-hand information on what customers are buying. By analyzing this information, manufacturers can gain a host of critical insights. Where to start.

Manufacturing Procurement 105

Manufacturing Procurement Analytics Software Manufacturing Predictive Analytics Software 105

NC State SCRC

OCTOBER 8, 2016

To drive centralized buying I had to dive down into the Bill of Materials and do a cross-tab. This was the first intelligent database system at the time that allowed me to look at a “deck” of the current buy for a commodity group for our production buy.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 58

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

GlobalTranz

DECEMBER 18, 2015

No Purchase Orders were used. However, one thing that should come to mind is the prowess of the retail giant's supply chain excellence. Lean Inventory: Using Lean Initiatives To Manage Inventory. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 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

RFgen

MAY 13, 2024

TL;DR Unilever’s Global Reach : Manages a complex supply chain with over 280 factories, 500 warehouses, and sources from 52,000 suppliers in over 150 countries. Sustainability Initiatives : Commits to reducing environmental impact through sustainable sourcing, packaging, and waste reduction.

Supply Chain Planning Software 78

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

Supply Chain Game Changer

MAY 12, 2020

This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. We worked in the Commodity Management organization, responsible for Strategic Sourcing and Procurement. And Danny’s work in sourcing and procurement is at the centre of making that happen.

Canada 66

Canada Manufacturing Procurement Negotiating Skills Purchasing Skills 66

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?

Supply Chain Design Software 150

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

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Supply Chain Shaman

SEPTEMBER 13, 2016

The change in front of us will transform the base-level definitions of source, make and deliver. 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. These are tough to overcome.

Supply Chain Planning Software 195

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

Kinaxis

MARCH 6, 2018

Any newer digital technology portfolios would be cloud-based and mobile, and where appropriate, open source. Planning in silos, node by node : Finished-goods distribution planning, manufacturing planning and purchase planning were all happening in silos, further adding to the company’s woes. These would belong to the CDO. The result?

Agile and Lean Supply Chain 149

Agile and Lean Supply Chain Supply Chain Planning Software Analytics Software Predictive Analytics Software 149

Talking Logistics

APRIL 21, 2016

Audit is no longer just about rate or discount verification, credit recovery and timely payables; it is about carrier and regulatory compliance and identifying savings opportunities upstream in the sourcing, planning, and execution areas. With a solution designed and determined, it’s time to source it.

Optimal Sourcing 100

Optimal Sourcing Transportation Purchasing Skills Supply Chain Design Software 100

Supply Chain Game Changer

JULY 15, 2021

Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. Suppose you want to facilitate shorter customer times while following lean business management principles and using just-in-time inventory management. You can use the extra money to buy stock or extend your marketing reach.

Inventory Reduction 98

Inventory Reduction Material Savings Price Reduction Manufacturing Procurement 98

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. As a result, these analytics help companies achieve a lean supply chain, prepare for the future, and better understand risks.

Prescriptive Analytics Software 111

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

Supply Chain Game Changer

NOVEMBER 20, 2018

Programs such as Lean have become a popular means to develop a culture of simplification and constant improvement. Although Lean principles provide an excellent basis for managing energy costs, such costs are often left out of an efficiency drive… Why is that? Energy costs are not well understood.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

Arkieva

JUNE 21, 2016

Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. How to ensure their buy-in? You can talk about using lean and operational excellence to improve the make process, about strategic sourcing and supplier development to improve the source process, or about multi-modal and real time tracking to improve the deliver process.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Planning 97

Kinaxis

SEPTEMBER 27, 2017

Tailor your supply chain to cater to diverse businesses: In his keynote, Mourad Tamoud, EVP of Global Supply Chain Operations of Schneider Electric talked about how they are segmenting their supply network based on their customer personas and purchasing behaviors. Sourcing leader becomes Innovation coordinator. Collaborative.

Gartner 117

Gartner Pharmaceutical Agile and Lean Supply Chain Supply Chain Execution 117

RFgen

JUNE 8, 2023

To do this, they started by implementing lean supply chain models and just-in-time methodologies for inventory management. Food suppliers, for example, hold a significant portion of operational revenue in their purchased but unused inventories, necessitating improved inventory control procedures. That’s a problem.

Inventory Management Software 57

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 57