NC State SCRC

JULY 26, 2021

As shown in the figure below, there are diverse and sometimes competing goals between procurement, contract management and supply chain management. Procurement : The focus is primarily on “buying” which often means that the priority is on physical acquisition, often at the lowest price in the market.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Optimal Sourcing Supply Chain Planning 98

Veridian Solutions

FEBRUARY 11, 2019

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing.

Supply and Demand 74

Supply and Demand Modeling Supply Chain Execution Demand Planning Software 74

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Supply Chain Shaman

OCTOBER 13, 2022

Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility. See the pattern?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

ToolsGroup

SEPTEMBER 25, 2024

Our retail and supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels and inventory – delighting customers and achieving financial and sustainability KPIs. Go to www.FoodLogistics.com and www.SDCExec.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Logistics Viewpoints

MAY 3, 2023

Whilst they are classed as indirect purchases, this procurement category plays an essential role in day-to-day operations. The pandemic shined a light on something that supply chain executives will tell you is second nature. The supply chain is a chain, and it is only as strong as its weakest link.

Supply Chain Design 186

Supply Chain Design Supply Chain Planning Supply Chain Supply and Demand 186

Slimstock

MARCH 26, 2019

Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times. Improve Inventory Insights.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

ToolsGroup

SEPTEMBER 18, 2023

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Go to www.WomenInSupplyChainForum.com to register and learn more.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software ToolsGroup Supply Chain Planning 156

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Do I need more inventory?

Supply Chain Visibility 227

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 227

Logistics Viewpoints

SEPTEMBER 19, 2023

Resiliency, which is the ability to withstand supply chain shocks and bounce back quickly, has become the most important requirement for supply chains. Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 261

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

Supply Chain Shaman

APRIL 15, 2020

This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Track Supply Chain Planning Data.

Supply Chain Planning Software 442

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 442

NC State SCRC

NOVEMBER 29, 2023

During that time, she worked in a number of different areas including direct procurement, indirect procurement, operations, supply chain, packaging, and operations support including: HR, finance, IT and facilities management. Now, Pam is helping lead a digital procurement transformation for Caterpillar Inc.

Supply Chain Planning Software 52

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

Supply Chain Shaman

FEBRUARY 28, 2021

While Figure 1 is the planner’s view, Figure 2 shows the executive’s mental model. The View Of The Supply Chain Executive. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective.

Supply Chain Planning Software 376

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 376

Logistics Viewpoints

JANUARY 31, 2023

The aforementioned soon-to-be-released global survey by Coupa of over 1,000 supply chain executives shows that about 80% of respondents expressed the intent to continue investing in digital technologies that bring more resilience and agility. Supply chain is a team sport and will increasingly be so!

Predictive Analytics Software 236

Predictive Analytics Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 236

Supply Chain Shaman

SEPTEMBER 22, 2021

This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). The Supply Chain Executives were not interested in the project, and as a result, did not see the value.” The solution was too black box. ” My take?

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

BlueYonder

FEBRUARY 14, 2023

Sunil: The bills-of-materials have to be managed, re-managed, and updated on a regular basis, which from both a master data and a procurement perspective is difficult. The first is reduction of inventory, which includes the work-in-process inventory and finished goods inventory. Sunil: Exactly. Terence: Five-zero percent?

Manufacturing Procurement 135

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 135

Logility

JUNE 29, 2021

Cargo stuck in the Suez Canal, a gas pipeline breach, an overburdened power grid, and shortages in lumber, plastics, and semiconductors – all these events in the last few months should make any supply chain executive nervous. But in reality, such risks in supply variability emerge more often than any business wants to admit.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Material Savings Vendor Strategies 130

Logistics Viewpoints

JANUARY 25, 2024

Second, avoid islands of isolation and limited impact by integrated AI into your supply chain so the results are aligned end to end. One supply chain executive told me AI makes him feel a bit like a deer in the headlights, which is why it’s worth stating that you don’t have to embark on this journey alone.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 264

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

Supply Chain Matters

DECEMBER 28, 2023

Overview In short, B2B Supply Chain Business Networks are Cloud based platforms designed to achieve end-to-end supply chain data visibility and business process decision-making synchronization. The ultimate costs in warehousing, inventory carrying costs and other dimensions are still being assessed.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Network Software Supply Chain Design Software Supply Chain Software 59

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. This can then be leveraged by their supply chain design solution to improve risk mitigation.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 299

Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. Are there any other logistics books you love and why?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Stord

DECEMBER 4, 2023

“Stord is honored to be recognized by Food Logistics and Supply & Demand Chain Executive as a Top Tech Startup 2023 for the second year in a row,” said Sean Henry, co-founder and CEO of Stord. “We Food Logistics and Supply & Demand Chain Executive also operate SCN Summit and Women in Supply Chain Forum.

Demand Planning Software 60

Demand Planning Software Logistics Network Optimization Software Inventory Management Software Food 60

Supply Chain Matters

AUGUST 27, 2024

JAGGAER provides configurable source-to-pay and supplier collaboration software for direct and indirect procurement processes through a single, unified platform. Recalled product is also detected upon receiving to ensure that the product does not enter available inventory. Terms of this acquisition were not disclosed.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Optimization Software 52

Supply Chain Matters

APRIL 4, 2024

Some of the core capabilities and skill sets that Spinnaker brings include supply chain management and process improvement, supply chain design and analytics, supply chain planning, omni-channel order management and supply chain execution. All rights reserved.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Supply Chain Shaman

FEBRUARY 28, 2021

While Figure 1 is the planner’s view, Figure 2 shows the executive’s mental model. The View Of The Supply Chain Executive. Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 221

Supply Chain Shaman

JUNE 6, 2013

More advanced supply chain leaders model the role of complexity (product and customer), the impact of risk, and opportunity of innovation as well as product shipping and manufacturing locations, and inventory policies. The average supply chain leader has five distinct supply chains.

Supply Chain Planning Software 280

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 280

Supply Chain Matters

NOVEMBER 28, 2022

Specifically for retail and consumer goods focused supply chain management teams, a short-term tactical concern is the ongoing management of excess product inventories, which in many cases, need to be trimmed before the end of the year.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

AUGUST 31, 2024

Executive decision-makers are often reluctant to admit they don’t fully understand what these technologies are all about – but know that the problems they are facing requires a different set of technological solutions. The reality of what supply chain managers do is a far cry from this future world of machines making decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Predictive Analytics Software Supply Chain Software 52

EazyStock

SEPTEMBER 14, 2022

They help oversee the receiving and storing of stock items, inventory management, stock counts, order allocation, picking, packing, scanning, shipping and resource management. This removes the need for warehouse operatives to check inventory manually before fulfilling the order. Supply chain execution software modules.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 52

Vinculum

SEPTEMBER 12, 2022

Inventory controls, tracking, procurement management, and channel monitoring are standard features of warehouse management solutions. A practical implementation provides immense, unprecedented visibility into inventory, orders, equipment, and people, allowing them to improve service levels and increase productivity. Logiwa WMS.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Optimization Software Logistics Network Optimization Software 52