The Logistics & Supply Chain Management Society

MAY 28, 2022

With uncertainty a guarantee in the year ahead, leaders are realising the need to adopt applications that will improve visibility into demand and inventory, as well as tools that can help them model and simulate “what if?” Risk planning and technology utilisation. Scope 3 emissions must be an immediate top priority.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Logility

MARCH 6, 2024

When engaged correctly, advanced analytics can help you: Optimize business decisions related to demand, inventory, production, and distribution Reduce cycle times Gain organizational visibility and increase your bottom line But integrating advanced analytics into your organization isn’t always as simple as grabbing a new piece of software.

Prescriptive Analytics Software 182

Prescriptive Analytics Software Analytics Software Predictive Analytics Supply Chain Planning Software 182

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 84

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 84

Supply Chain Movement

APRIL 29, 2014

In this series on global fashion retail we have discussed about network design and inventory location in Chapter 1, stores replenishment in Chapter 2 and sourcing and manufacturing lead times in Chapter 3. Chapter 1 of this global fashion retail series was about network design and inventory location. Talent development.

Supply Chain Design Software 128

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 128

USC Consulting Group

APRIL 1, 2020

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Another contribution of Sales, Inventory & Operations Planning is that it enables the company to fine-tune its long-range strategic plan and annual business plan.

Inventory Reduction 75

Inventory Reduction Resource Reduction Supply Chain Planning Software Material Savings 75

Logistics Bureau

OCTOBER 11, 2024

Such a cultural change in turn encourages managers and employees to actively take part in the procurement activities with clear guidelines. Here I want to share eight key procurement challenges that we and consultants are facing in today’s global sourcing world. Do we really care about centralisation or decentralisation as a strategy?

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons. Peak Season Inventory Management and Fulfillment Depends on Market Trends.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Grab yours now!

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 90

RFgen

NOVEMBER 20, 2024

Think about it: How much time is wasted hunting down misplaced inventory? These include: Barcode Scanning Devices: These handheld devices, equipped with integrated inventory management apps, enable real-time tracking and data entry. Think real-time inventory visibility across all your locations.

Inventory Reduction 87

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 87

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

BlueYonder

JUNE 24, 2024

This creates a need to segment the supply chain and have separate inventory norms for each of the product lines. Also due to the diverse regions that the manufacturer supports, the inventory strategies need to be different to cater to the different markets. than in European countries due to more stringent guidelines.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Planning Pharmaceutical Supply Chain Strategy 115

SCMDOJO

OCTOBER 14, 2023

This empowers all partners to follow the excursion of items from the source to the end client progressively, upgrading responsibility and lessening the gamble of misrepresentation or fake products. Efficient Inventory Management : Blockchain can be used to make a common and continuous perspective on stock across the inventory network.

SCM 102

SCM Examples Supply Chain Design Software Supply Chain Network Software 102

SYSPRO Smarter ERP

AUGUST 2, 2023

Full bi-directional traceability from source to consumption enables comprehensive tracking of the product lifecycle, ensuring adherence to regulations like FDA 21 CFR Part 11 and Good Manufacturing Practices (GMP).

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Enterra Insights

JUNE 19, 2020

In addition to government guidelines for the food supply chain, the Consumer Brands Association (CBA — formerly the Grocery Manufacturers Association) started a review of supply chain infrastructure, particularly that portion associated with food industries. Since over half of the fruits and vegetables in the U.S. Food Industry Exchange.

Food 100

Food Supply Chain Software Pharmaceutical Supply Chain Network Software 100

QAD

MARCH 28, 2019

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. It’s easy to meet delivery expectations if you carry excess inventory, but it’s an expensive and impractical solution. Meeting Customer Expectations. Forecast Accuracy.

Customer Service 99

Customer Service Metrics Forecasting Forecasting Software 99

Enterra Insights

JUNE 1, 2021

Melanie Nuce ( @auntmel ), Senior Vice President of corporate development at GS1 US, adds, “In an effort to gain velocity in fulfillment, AI has been playing an increasing role in inventory management. One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

ModusLink Corporation

JANUARY 24, 2024

Collaborate with suppliers and logistics partners to share real-time information on inventory levels, shipments, and potential delays. Collaborate with regulatory authorities to contribute to the development of effective and practical guidelines. Implement technologies like RFID to track and trace goods throughout the supply chain.

Supply Chain Planning Software 78

Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy Supply Chain Planning 78

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. “Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

GlobalTranz

MARCH 28, 2016

Using AI driven product nature of being and smart attributes, data can be structured to support the needs of ERP applications as well as strategic sourcing and Value Analysis activities , all from one data set. Logistics require the collaboration of many parties and companies, all with their own peculiar processes, procedures and guidelines."

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

EMERGE App

JANUARY 25, 2021

First, there is the sourcing of requisite raw materials from suppliers. This article discusses how to calculate the in-process inventory, the costs associated with it, and exactly why you need to account for it. . What Exactly is Work In Process Inventory (WIP)? Beginning Inventory.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Talking Logistics

APRIL 15, 2016

May their memory continue to be a source of strength and comfort to their families and friends and us all. Considering that there are multiple ports, countries and carriers each developing their own guidelines, the need for a global process standard is critical. And with that, have a happy weekend!

Logistics Network Optimization Software 100

Logistics Network Optimization Software Rail Software Demand Planning Software Logistics 100

Unleashed

JULY 11, 2021

These certifications are voluntary guidelines and standards that address environmental, social, ethical, and food safety concerns. They must be values based with quantifiable guidelines and standards. Sustainability is a characteristic of lean manufacturing through waste reduction and improved inventory control.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

SCMDOJO

JUNE 17, 2024

Demand Fluctuations: The dynamic nature of customer needs, often affected by economic conditions, market trends, or seasonal factors, makes inventory management and market forecasting difficult. Maintain an updated risk inventory that includes historical data, current threats, and emerging risks.

Modeling 87

Modeling Supply Chain Planning Software Supply Chain Software Scenario Planning 87

DynaSys

FEBRUARY 3, 2021

Understand their sources of income. Some examples may be rules restricting availability of transport stock and routes, laws limiting workforce liberties or effectiveness, short-term working capital guidelines, etc. Use these to inform demand forecasts to guide inventory and supply decisions. How to approach the new reality?

Modeling 98

Modeling Supply Chain Planning Software Scenario Planning Supply Chain Planning 98

SCMDOJO

DECEMBER 11, 2023

Stakeholders, including internal teams and external auditors, can use these reports to assess if the guidelines are being followed, encouraging a culture of accountability and integrity. Data Collection and Aggregation: Procurement Data Sources: Gathers information from various sources such as invoices, purchase orders, and contracts.

Procurement Analytics 19

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 19

Talking Logistics

JANUARY 25, 2016

The scope of end-to-end supply chain visibility must go beyond the status of orders, shipments, and inventory — it must also include having timely, accurate, and complete visibility to labor, safety, environmental, and legal practices across the entire supply chain. The system isn’t perfect.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning 100

NC State SCRC

JANUARY 1, 2023

These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. Inventory will remain bloated for the first half of 2023, – and supplier relationships will be tested. Inflation will persist.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Enterra Insights

MARCH 2, 2021

” Feldman provides some useful guidelines for when cognitive technologies are useful and when they aren’t.[4]. When there are diverse, changing data sources (e.g., sales reports, inventory tracking). 5] Because data comes from a variety of sources and in a multitude of formats, it needs to be digitized.

Analytics Software 100

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software 100

6 River Systems

JUNE 10, 2019

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. As a comprehensive approach, spend management typically includes management of suppliers, categories, approval workflows , inventories, and documents.

Procurement Solutions 77

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 77

Precoro

JULY 16, 2023

In other words, the purchasing manager is responsible for securing inventory requirements within the company’s budget and overall efficiency of the company’s purchases. Inventory Management Efficiency This is an evaluation of how efficiently the purchasing team maintains the right level of inventory.

Pricing Training 73

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 73

NC State SCRC

JANUARY 20, 2022

Executives are beginning thus to consider development of policies for either development of a domestic capability, or a means for managing the supply of these items from global sources. In addition, a multi-agency materials inventory portfolio based on in-depth supply market analysis is needed. to import from China.

Government 59

Government Pharmaceutical Supply Chain Planning Software Supply Chain Design Software 59

QAD

JULY 16, 2024

While countries outside of the US and EU may not have similar or strict regulatory guidelines in place, they favor medical device manufacturers who have followed FDA and EU MDR compliance because compliant devices have met rigorous standards and earned trust.

Manufacturing Procurement 86

Manufacturing Procurement Manufacturing Global Supply Chain Design Software 86

Unleashed

NOVEMBER 15, 2021

Automated inventory management platforms then help manufacturers organise and monitor their new, modular product ranges. This can make inventory management more difficult, especially if there are items coming back up the supply chain in the form of returns, which are then harder to resell.

Inventory Management Software 98

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

RFgen

DECEMBER 9, 2015

Obtaining and using permanent assets in place of disposable materials can improve a business’s financial situation and public image, but only when managers implement the inventory assets properly. There are strict government guidelines in place for consumer safety to prevent spoilage and contamination from outside pathogens.

Food 52

Food Supply Chain Design Supply Chain Software Material Savings 52

RFgen

DECEMBER 9, 2015

Obtaining and using permanent assets in place of disposable materials can improve a business’s financial situation and public image, but only when managers implement the inventory assets properly. There are strict government guidelines in place for consumer safety to prevent spoilage and contamination from outside pathogens.

Food 52

Food Supply Chain Design Supply Chain Software Material Savings 52

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Inventory Control. Dedicated tools help track inventory status and notify users when stock is low and when it’s time to initiate the next purchase. Strategic Sourcing.

Procurement Solutions 81

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 81