The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Note the lack of training on next-generation supply chain thinking in Figure 1. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase.

Supply Chain Design Software 307

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

Procurement Academy

JULY 19, 2024

Environmentally friendly practices, such as ethical sourcing or moving towards net zero, are now not just preferred but expected. This might seem straightforward, but a thorough assessment can uncover areas where you can consolidate purchases, standardize specifications or negotiate better terms.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 52

Bristlecone

NOVEMBER 11, 2024

Studies show that 70% of digital transformation initiatives fail primarily due to insufficient management support and employee buy-in. 3 Comprehensive Training Programs : Investing in robust training that addresses digital skill s gaps is essential. Effective OCM reduces this risk.

Buyer Training 52

Buyer Training Supply Chain Skills Supply Chain Software Supply Chain Design 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

ivalua

OCTOBER 13, 2022

This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supply chain managers. There are 15 defined Scope 3 categories : Purchased goods and services. Figure 1: Greenhouse Gas Protocol -Scope 1, 2 & 3 emissions ( Source). Capital goods.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Pricing Training 130

Supply Chain Shaman

FEBRUARY 16, 2024

The translation of ripple effects of short supply, pricing, quality issues, and freight shifts affects how to source, make, and deliver processes should align. GenAI is promising as a means to train and help leaders learn. Or mine supplier shifts to build alternate buying plans. Sensing and Proactive Alerting.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 390

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. The more high-quality data used to train the AI, the smarter and more accurate the predictions will be.

Predictive Analytics Software 91

Predictive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 91

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

Precoro

FEBRUARY 27, 2023

Spend analysis is extremely useful for companies looking to optimize their business processes because it highlights issues like unidentified, duplicate, and late payments, unnecessary department spending, supplier price discrepancies, redundancies, unfavorable contract and payment terms, and more.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement helps to determine which goods or services to select, from which suppliers, and how much to pay based on data about vendors, market, pricing, and other vital factors. Global Sourcing. What is the Purpose of a Procurement Strategy?

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Supply Chain Shaman

MARCH 9, 2020

Before boarding the plane, I watched a traveler pull a diet Coke from the bin and thought about the struggle to source sweetener with the rise of COV-19. As I poured the dog food into the bowl for my pups, I wondered if I was going to have to switch kibble due to the looming issues of sourcing taurine—a health additive in many pet foods.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 312

Unleashed

AUGUST 15, 2024

We’ll look at the features, pros and cons, and pricing for each solution to ensure you make the right choice for your business. The case for Zoho Inventory alternatives Zoho Inventory can be a useful tool for managing stock and purchasing, but it’s not suitable for every business. Cin7: Best for small–medium retail businesses.

Inventory Management Software 52

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

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Anticipate and react to market volatility and price changes.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Precoro

FEBRUARY 9, 2024

Zug Campus - Source: ISZL website Initial purchasing process at ISZL Before last year, when faculty and staff at the International School of Zug and Luzern wanted to buy something, they could briefly discuss it with the principal or other budget holders and then order what was needed instead of going through a formal process.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52

SCMDOJO

SEPTEMBER 20, 2024

Cost of Goods Sold (COGS) The Cost of Goods Sold is the direct total fixed cost involved in producing (including raw material) or buying of the goods sold by the company. It could be price, placement, lack of awareness, etc. You can get the practical tool guide for the Inventory Optimization Tool In Excel.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Price Mitigation Strategies 52

Vinculum

DECEMBER 9, 2020

As fashionable shoppers, we tend to expect food on our native supermarkets’ shelves and our on-line purchases to arrive promptly, typically but twenty-four hours when the order was placed. This info is vital for buying choices, fulfilling sales demand, and managing product quality by looking at pictures of wrong things from suppliers.

Supply Chain Planning Software 52

Supply Chain Planning Software 3PL Demand Planning Software Warehousing 52

EMERGE App

APRIL 5, 2024

But there is one thing you must be sure of before choosing to set up a warehouse in another country: the warehouse price must be reasonable. Price element As a wholesale distribution and trading owner, you might think going after cheap pricing will win the market. So the advice is do not follow the cheap price unconsciously.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Precoro

APRIL 6, 2022

In short, cloud computing allows accessing different IT resources via the Internet with pay-as-you-use pricing, rather than downloading them to your computer’s hard drive. Procurement software solutions such as Precoro help companies automate the purchasing process, get better insights, and focus on more critical tasks for their business.

Procurement Solutions 71

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 71

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

Claritum

AUGUST 4, 2020

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. function.Focused purely on moving purchase transactions though the. The focus should be on automating the buying process from a. needed on the flow of purchasing transactions.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Logistics Viewpoints

MARCH 1, 2021

The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We We needed to simulate multiple scenarios of significantly increased capacity and sourcing complexity, at speed and over a long planning horizon.

Modeling 202

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 202

Claritum

NOVEMBER 16, 2018

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. The focus should be on automating the buying process from a user/departmental perspective. Introduction. Step 1 Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

crisp

JUNE 29, 2022

After less than an hour of training from Dan, NotCo’s sales teams began using Crisp daily to inform their strategy. We have one source of truth, and that stems from Crisp.”. We have one source of truth, and that stems from Crisp.” ” Dan Capraun, Senior Manager of Strategy and Planning. Launching the next big thing.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

RFgen

JUNE 8, 2023

Food suppliers, for example, hold a significant portion of operational revenue in their purchased but unused inventories, necessitating improved inventory control procedures. Supply Chain Dive recently found that over 67% of supply chain managers use Excel to keep track of inventory. That’s a problem.

Inventory Management Software 57

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

Supply Chain Movement

JUNE 11, 2014

With a price tag of $2.1 We started in 2012 and we are currently in the roll-out phase across the regions in terms of processes, organisational structures, measures, developing the roles and responsibilities of the players, educating and training and implementing technology. By Helen Armstong (Supply Chain Movement).

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

OptiProERP

JANUARY 17, 2023

Suppliers can log into a portal to see purchase orders at any time, and the supply chain module can monitor how suppliers are performing. The shop floor execution module allows managers to assign workers to specific machines that they are trained on without having to go to the plant floor. Quality Management. Job Costing.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

Supply Chain Shaman

DECEMBER 4, 2018

In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. Historically, the Rockwell Automation supply chain organization included materials planning and engineering of new products but did not include strategic sourcing. Ernest Nicolas joined Rockwell Automation in 2006.

Supply Chain Software 30

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

Precoro

APRIL 24, 2023

And to do so, an excellent supplier onboarding process is needed. Reduces maverick spending Maverick spending refers to off-contract purchases from non-preferred suppliers. The set of requirements will depend on the company's goals and policies, industry, and the type of products or services being purchased.

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

EC Sourcing Group

MARCH 31, 2020

Since the first SolutionMap was published in late 2017, it has been used by thousands of organizations in their evaluations and buying decisions. Procurement professionals must align stakeholders, define critical requirements, issue an RFP, develop a believable ROI and secure a budget to purchase a platform. that should be a red flag.

Procurement Solutions 52

Procurement Solutions Supply Chain Design Software Optimal Sourcing Optimization Software 52

Enterra Insights

JANUARY 6, 2023

million in October 2021, and the United States is home to hundreds of manufacturers that deliver world-class products and excellent financial returns. Whether or not you buy-in to the term “Titanium Economy,” there is a new appreciation for America’s manufacturing sector. Industrial employment rose from 11.6

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing South Carolina Pricing Training 130

AIMMS

MARCH 8, 2016

Today’s shopper prefers to buy online and get products delivered at the best possible time and place, resulting in key shifts in the supply chain. Transportation capacity and cost: carriers are more selective about which retailers they work with and parcel pricing strategies are changing. Let’s take a closer look.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

Supply Chain Game Changer

MARCH 6, 2019

But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Bristlecone

MAY 31, 2020

Bristlecone has introduced several new fixed-price, fixed-scope offerings for SAP products across supply chain planning, procurement and execution. Procurement Center of Excellence creation for discrete manufacturer. NEW SAP-QUALIFIED PARTNER-PACKAGED SOLUTIONS. Application support and monitoring for corporate apparel leader.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement SAP Supply Chain Planning Software 52

ivalua

DECEMBER 6, 2022

Maverick buying . Suppliers exactly know what they will sell to you, including product & price information. When implementing supplier self-service, spend sufficient time on engaging the supplier and establish a structure to monitor product & price information changes by the supplier. Over, early, and late payments .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Procurement Solutions Optimization Software 130

Supply Chain Shaman

NOVEMBER 6, 2016

The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance. Without this discipline, the global organization cannot actualize buying power in procurement or lower costs and improve costs/customer service in transportation.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150