The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. Procurement. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Or planned orders to purchase orders?) I struggle to find any consultants who are experienced enough with demand modeling to help. Go to the source. ” Anna, this blog post is for you. And how do we measure it? (Is I don’t know. Data Everywhere, Insights Are Few.

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

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. How often do purchases happen?

Manufacturing Procurement 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Whether you measure purchase orders or customer orders—and you should do both—high numbers indicate problems in your inventory planning and flow.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Supply Chain Opz

JANUARY 7, 2013

Annual Report (SEC Filing) is analyzed and simplified supply chain processes are constructed as below, Supply Chain Planning at Apple Inc. Information from the annual report is also used to produce the Apple Supply Chain Map. Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Supply Chain Shaman

SEPTEMBER 10, 2020

Demand latency is the time from channel purchase to order receipt.) While many companies attempt to improve the response by being reactive on traditional data sources, this is not the answer. Underneath the technology market in advanced analytics is the move from planning to decision support. Rising Complexity. What To Do?

Supply Chain Planning Software 409

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 409

SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Shaman

DECEMBER 12, 2024

Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. – The Myopic Focus on Cost Reduces Effectiveness. Inventory Management.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Unleashed

APRIL 11, 2021

In this comprehensive guide to online inventory management, we’ll take a look at what it is and why your product-based business can’t do without it. Online inventory management for manufacturers. Online inventory management for retailers. Online inventory management for wholesalers.

Inventory Management Software 105

Inventory Management Software Inventory Management Forecasting Software Supply Chain Planning Software 105

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

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

Supply Chain Shaman

JANUARY 2, 2023

Models Matter. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. With the evolution of NoSQL–Graph and Cognitive Ontological learning–models can now manage multiple data sources as inputs while driving a forecast to multiple roles simultaneously in role-based views.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Agile and Lean Supply Chain 282

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 282

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. The Improved Way.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 73

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 73

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Truck drivers report that maintenance issues are a constant nightmare. There is not a one-to-one relationship between a container and a purchase order. Get Good at Inventory Management.

Supply Chain Design Software 438

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 438

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Today, this is not the case.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

ShipBob

NOVEMBER 22, 2021

Accurate analytics can be the roadmap to your business’s success. That’s why ecommerce analytics are vital if you want your DTC brand to grow. In this post, we’ll help you identify the key metrics you need to track in ecommerce analytics and the best tools that will help you gain a competitive edge.

Procurement Analytics 98

Procurement Analytics Analytics Software Analytics Optimal Sourcing 98

Supply Chain Game Changer

DECEMBER 9, 2020

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. Inventory management starts with the fundamental in and out of your supply chain.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

Unleashed

NOVEMBER 29, 2021

Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space. Why do eCommerce stores need this level of inventory control?

Inventory Management Software 98

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

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

Logistics Viewpoints

FEBRUARY 28, 2023

So, if an organization has multiple inventory sources (warehouses, stores, drop shipping, Fulfillment by Amazon (FBA), etc.) they have a singular view of inventory and can call that singular file to determine the best place to fulfill orders. Need diapers delivered overnight? No problem. You got it.

Optimal Sourcing 212

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 212

Silvon Software

APRIL 29, 2022

Key performance indicators (or KPIs) help to facilitate these requirements and drive higher inventory optimization outcomes as a result for manufacturers, distributors and other supply chain-centric businesses. The Basics of Inventory Management KPIs. These types of metrics are Sales KPIs, Receiving KPIs and Operational KPIs.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Logility

JUNE 15, 2021

For example, an F&B business that supplies perishable goods knows that these goods have a limited shelf life and therefore must accurately project how much to purchase at once. If the business purchases too much, it risks overstocking goods that cannot be sold after they exceed their shelf life. Advanced inventory management.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 74

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 74

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 82

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

BlueYonder

APRIL 4, 2023

We are very excited to announce that Blue Yonder has been recognized as a Strong Performer in The Forrester Wave : Order Management Systems, Q2 2023 Report. As stated in the report, customers today demand real-time availability and delivery information — and earlier in the shopping process than ever before.

Procurement Analytics 98

Procurement Analytics Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 98

Procurement Academy

JANUARY 25, 2021

The retail staff is the most significant stimulus for the customer’s purchase decisions. Retail Academy is the newest venture of Procurement, Supply Chain, and Sales Academy. The employee’s progression throughout the training journey will be monitored through an influential Report Management Center.

Procurement Analytics 98

Procurement Analytics Buyer Training Purchasing Skills Retail 98

EazyStock

DECEMBER 13, 2020

Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand. Next comes crafting an inventory management plan to mitigate your greatest risks. What were your biggest challenges in 2020?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

SYSPRO Smarter ERP

NOVEMBER 18, 2024

Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. The data can be used to identify inefficiencies in the supply chain, improve inventory management, and streamline operations.

Automotive 98

Automotive Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

GlobalTranz

AUGUST 25, 2017

Reports to upper management. Supply Chain Manager. They manage the purchasing of inventory and supplies, as well as other materials. Purchasing and Materials Manager. These executives oversee procurement of supplies and provide inventory control. Inventory Managers.

Material Savings 76

Material Savings Inventory Reduction Optimal Sourcing Transportation 76

Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Most budgets are completed in currency at a brand level.

Supply Chain Design Software 189

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

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Forward-thinking organizations have transformed the department into an untapped gold mine that creates value for the entire end-to-end manufacturing process—from design and sourcing to production and delivery.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Followed by the benefits to reduce logistics cost of expedites, demurrage and detention (58%), increase cash on hand by improving inventory management (23%) and to optimize carrier performance (19%).

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244