The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). All entities throughout the supply chain – such as vendors, suppliers, partners, and end consumers – can access relevant, accurate and up-to-date information.

Supply Chain Planning Software 298

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

Supply Chain Shaman

SEPTEMBER 23, 2016

As fall becomes winter, supply chain leaders are planning their budgets and building strategies for 2017. With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

Jaggaer

FEBRUARY 20, 2025

What is Source to Pay (S2P)? Yet in the case of source to pay, it is wholly justified. And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. manufacturing and process industries) or the delivery of services (e.g.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Manufacturing Procurement Sourcing Strategies 52

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. Year after year, well intentioned people toiled against improving metrics that reduced, not improved, the effectiveness of the supply chain. Ten-year averages – food manufacturing companies. Don’t get me wrong.

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Or a unified data model across source, make, and deliver for planning?

Optimal Sourcing 341

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 341

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.?

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

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. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

FEBRUARY 18, 2021

While each is different in vendor selected and problem solved, what is common is the depth of modeling and the ability for business leaders to change the model with shifts in business conditions. Advanced planning evolved with a focus on modeling manufacturing constraints. Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 283

SYSPRO Smarter ERP

JANUARY 13, 2025

The food and beverage industry is a dynamic, ever-evolving sector in which manufacturers are continuously seeking ways to optimize production and reduce costs in the face of shifting consumer demand and preferences. Thats a tall order for food and beverage manufacturers.

Optimization Software 52

Optimization Software Supply Chain Planning Software Manufacturing Procurement Beverage 52

ivalua

JUNE 29, 2020

It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. According to this same research, there is an opportunity to reduce total supply expense by average of 17-18% for a given hospital. The Path to Supply Chain Excellence.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. You will reduce overhead costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 83

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 83

Supply Chain Shaman

JUNE 3, 2013

This landed me in front of the Vendor Review Board at Gartner to defend my research. <This It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. I was dubbed by my boss as the ultimate-contrarian.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 258

GlobalTranz

FEBRUARY 2, 2015

So why do we feature content related to Vendor Managed Inventory? Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. No Purchase Orders were used.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Logility

APRIL 23, 2013

Seco Tools manufactures cutting tools made of steel, tungsten carbide and cobalt. This became an expensive proposition for the industry, which gave way to placing the responsibility (and cost) back on the manufacturer to hold inventory and deliver it when needed. At first manufacturers held stock in-country.

Inventory Reduction 100

Inventory Reduction Vendor Strategies Expense Reduction Cost Reduction Strategies 100

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra solution complimented the functionality of the traditional APS vendors, i.e. Adexa, JDA, Logility, Kinaxis, SAP APO and Steelwedge. History of E2open. The Path Forward.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

Supply Chain Shaman

SEPTEMBER 30, 2012

I had to learn a new language, a new set of vendors and connect with a new group of users. They excel in the four Ps of marketing. In contrast, a market-driven organization connects bidirectionally market-to-market to orchestrate the signals to shape demand and mitigate risk (buy-side to sell-side and back). Absolutely!

Supply Chain Design Software 286

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 286

Supply Chain Shaman

OCTOBER 29, 2014

The first evolution of technologies were built by best-of-breed solution vendors. The promise was the delivery of a decision support system that would allow the organization to optimize the relationships between cash, cost and customer service against the strategy. How do I know this? They also have higher satisfaction rates.

Supply Chain Planning Software 311

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 311

Supply Chain Shaman

JUNE 20, 2014

However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. However, it is tough for an analyst to take a stand against the larger ERP vendors. Was it intentional?

Supply Chain Planning Software 302

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 302

SYSPRO Smarter ERP

APRIL 22, 2024

Orders are up, business is booming, and your manufacturing operation is expanding. An ERP system will allow your business to integrate and manage many key business processes in real-time, increasing productivity and reducing redundancies. Be clear on the costs associated with an ERP purchase.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 116

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 116

Supply Chain Shaman

MARCH 3, 2013

SmartOps was purchased by SAP. The press release last week cited the reason for the acquisition, “…as part of the strategy to build a real-time optimization solution for S&OP on SAP HANA. Only one out of every ten customers, that I helped in sales cycles, were able to optimize and reduce inventory through the solution.

Supply Chain Planning Software 218

Supply Chain Planning Software Modeling Optimization Software SAP 218

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

Supply Chain Shaman

OCTOBER 2, 2020

A well-defined customer-centric supply chain starts with a clear definition of the organization’s strategy to serve a well-defined customer requirement. Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. The Sleep Number Story of Supply Chain Excellence.

Customer Service 294

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 294

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 93

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 93

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

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. Vice President of Global Operations Strategy, Seagate Technology. His reasoning?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy. Background.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

Logistics Viewpoints

OCTOBER 31, 2022

Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. The ZF supply chain is complex.

Agile and Lean Supply Chain 254

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 254

Supply Chain Shaman

OCTOBER 29, 2020

Instead, the focus is on reducing the costs of finance by eliminating labor costs through Business Process Reengineering (BPOS) and elongating payables. 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. My takeaway?

Optimal Sourcing 236

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 236

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Only 29% of manufacturers easily manage total cost trade-offs. Popular Beliefs on Supply Chain Excellence Do Not Align With Results. . Overall, the industry is not aligned with the definition of supply chain excellence.

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

Supply Chain Insights

AUGUST 11, 2017

Digital transformation is evident in the vendor landscape for trade promotion management today. The evidence is in; and it appears that consumer products manufacturers now have a wide range of choices for both cloud and on-premise solutions to managing the second largest line item in the company P&L.

Vendor Strategies 110

Vendor Strategies Supply Chain Design Software Supply Chain Planning Software Analytics Software 110

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.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68