Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. While this approach may result in short-term savings, it can be counterproductive in the long run.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

ModusLink Corporation

MAY 23, 2024

In the dynamic landscape of supply chain management, demand-driven material planning is a crucial strategy for optimizing operations and meeting customer demands efficiently. It combines elements of traditional MRP and lean principles to dynamically manage material requirements and inventory levels based on actual demand signals.

Material Savings 78

Material Savings Modeling Waste Reduction Inventory Reduction 78

IT Supply Chain

DECEMBER 28, 2022

The post 10 Latest Digital Marketing Strategies for Construction Material Suppliers appeared first on IT Supply Chain. By John Hampton (pictured). Content Writer.

Material Savings 111

Material Savings Supply Chain Strategy Price Mitigation Strategies Strategy 111

Logistics Viewpoints

NOVEMBER 6, 2024

For instance, Summit Materials uses the Samsara Connected Operations Cloud across its 4,000-vehicle fleet, centralizing data on fuel usage, emissions, and diagnostics to improve fuel efficiency and advance sustainability goals. This approach to route optimization minimizes delays and helps maintain exacting standards of service reliability.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Optimization Software 238

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. This is achieved through the implementation and continued improvement of cash flow management strategies. Offer bulk-purchase discounts or throw a 2-for-1 sale.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Precoro

OCTOBER 28, 2024

In this article, we explore what SRM software is and discuss proven strategies for efficient partnerships with suppliers. While these aspects may not fall directly under supplier relationship management, integrating them into your SRM strategy is highly beneficial. Crafting tailored strategies for different supplier segments.

Procurement Solutions 64

Procurement Solutions Supply Chain Planning Software Supply Chain Network Software Optimization Software 64

Unleashed

OCTOBER 23, 2023

Production planning is where you map out how your business will operate – the resources, strategies, equipment, and labour required to hit your production goals. Production planning is the process of developing a strategy for the production of a company’s products and services.

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

Logistics Viewpoints

JULY 7, 2022

Oracle’s recent global survey, No Planet B: How Can Businesses and Technology Help Save the World? Reduce waste and lower your costs by monitoring the condition of goods in transit to reduce spoilage. Reduce waste and lower your costs by monitoring the condition of goods in transit to reduce spoilage.

Material Savings 271

Material Savings Waste Reduction Resource Reduction Supply Chain Design Software 271

Logistics Viewpoints

JULY 12, 2022

This practice is typically owned by the sales and/or marketing organization, which is why it is so important for transportation and logistics departments to have input into customer service strategies. For example, in the building materials industry, many orders are scheduled for delivery at the beginning of the day.

Cost Reduction Strategies 292

Cost Reduction Strategies Material Savings Resource Reduction Price Reduction 292

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

DELMIA Quintiq

AUGUST 7, 2023

How DELMIA helps Industrial Equipment companies turn trends into opportunities With DELMIA’s integrated solution, industrial equipment manufacturers can bridge this gap by mitigating disruptions that hinder shopfloor and operational efficiency and drive seamless workflows, leveraging what we call ‘material synchronization.’

Material Savings 156

Material Savings Agile and Lean Supply Chain Manufacturing Procurement Inventory Reduction 156

Logistics Viewpoints

JANUARY 31, 2022

Saint-Gobain designs, manufactures, and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Light construction – when the only support is a wooden, concrete or metal structure – requires the use of light materials, such as plasterboard. and Data Science.

Material Savings 234

Material Savings Cost Reduction Strategies Price Reduction Expense Reduction 234

DELMIA Quintiq

SEPTEMBER 14, 2023

This seamless workflow, known as ‘material synchronization,’ enables companies to optimize inbound and outbound material flows. Closely aligning manufacturing operations with warehouse processes facilitates the coordination of production orders and the manufacturing bill of materials (MBOM) with inventory management.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

Logistics Viewpoints

SEPTEMBER 14, 2023

Today’s article comes from Greca Manuzzi, Senior Expert Product Marketing at Kinaxis, and explores breaking down silos in material and transportation planning. How can businesses ensure they remain competitive in such a market while facing constant pressure to improve efficiency, reduce lead times and cut costs? What is load building?

Material Savings 283

Material Savings Supply Chain Planning Software Supply Chain Planning Inventory Reduction 283

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Qualcomm also faced a raw material shortage.

Sourcing Strategies 233

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 233

SCMDOJO

DECEMBER 14, 2023

Depending on the chosen manufacturing strategy (Make to Stock, Assemble to Order, Make to Order, or Engineer to Order), the delivery lead time may vary as follows: Access our blog “6 Reasons Why It Is Important to Understand Expected Customer Lead Time” at our website SCM DOJO! Cost Savings: Reduction in inventory holding costs.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Cost Reduction Strategies Waste Reduction 98

BlueYonder

MAY 10, 2024

Here are the trends our Blue Yonder Industry Strategy team sees for the upcoming quarter: Supply Chain and Technology Supply chains will remain volatile with escalating disruptions as a result of extreme weather effects and unrest across the globe. Speak to one of our Industry Strategy leaders today! Reach out at blueyonder.com.

Vendor Strategies 99

Vendor Strategies Material Savings Resource Reduction Price Reduction 99

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

ivalua

FEBRUARY 11, 2021

What are Green Supply Chain Strategies? Everlane does this by showing the cost breakdown of the goods that it offers through its website and so you can see the costs of materials, labour and transport for it best selling court sneakers. How can large companies address sustainable Supply Chain strategies?

Material Savings 189

Material Savings Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 189

Unleashed

APRIL 27, 2022

With material costs rising and the drive towards sustainable practices in full swing, the circular supply chain has become an attractive way for manufacturers and sellers to manage their supply chains in a more environmentally friendly way – and save costs in the long term. So how do you close the loop on your supply chain?

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

ivalua

JANUARY 29, 2021

The most striking view of this change of importance that the survey delivers is around the significant increase in focus on cost reduction due to the pandemic. It is no surprise that cost reduction was the leading area before the pandemic, but it was in a group of 3 other priorities, such as risk management that we will cover later.

Cost Reduction Strategies 195

Cost Reduction Strategies Material Savings Vendor Strategies Survey 195

Logistics Viewpoints

OCTOBER 17, 2024

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 243

ToolsGroup

OCTOBER 10, 2022

Unlike many businesses who sell finished products, manufacturers have several moving parts when it comes to inventory because they employ a variety of supplies and processes to make products—from raw materials and sub assembly to production to finished products. Inventory Control: 7 Strategies to Ensure High Service Levels and Maximum Profit.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. The synergy effect within a business is the result of mutual interaction between two individual company elements, usually achieved by executing a specific strategy. There are many different manufacturing strategies. Different strategies.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

Supply Chain Matters

SEPTEMBER 12, 2024

In this Supply Chain Matters commentary, Editor Bob Ferrari cites a recent Gartner report addressing the notions of elastic supply chain strategies. The premise of this advisory is that supply chain leaders need to embrace geopolitical supply network strategies to better support global-wide business objectives. That extends to today.

Sourcing Strategies 52

Sourcing Strategies Material Savings Cost Reduction Strategies Resource Reduction 52

Adexa

SEPTEMBER 24, 2024

This approach enables them to identify high-emission areas, prioritize reduction strategies, use of more recyclable materials and track progress towards sustainability goals by analyzing the contribution of individual suppliers, transportation modes, part numbers, regions and locations, equipment, and components across the entire supply chain.

Waste Reduction 52

Waste Reduction Material Savings Cost Reduction Strategies Optimal Sourcing 52

Logistics Viewpoints

AUGUST 1, 2024

In today’s dynamic business environment, disruptions like material shortages or changing customer preferences can cripple your bottom line. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Modeling 278

Modeling Network Optimization Supply Chain Design Software Material Savings 278

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency.

Optimal Sourcing 218

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 218

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. In some cases, inventory levels can see an increase to save costs, increase profit, and more.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

SCMDOJO

JULY 23, 2024

Keep reading as we discuss how you can avoid and reduce machine downtime to ensure no unexpected and stressful hiccups in your manufacturing process. Failing To Meet Demand If you unfortunately happen to have one or more machines down, this could halt production and reduce your output significantly. Why Does Machine Downtime Happen?

Inventory Reduction 98

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 98

Logistics Viewpoints

AUGUST 29, 2024

By collaborating closely with suppliers and carriers, managers can establish uniform carton dimensions that minimize the need for excessive packaging materials. Standardized carton sizes also facilitate more efficient stacking and storage within the warehouse, reducing space utilization and improving overall operational flow.

Waste Reduction 252

Waste Reduction Optimal Sourcing Sourcing Strategies Resource Reduction 252

Synovos

OCTOBER 30, 2023

Over the course of any client engagement, the calculus for material savings changes, priorities and focus areas evolve, as does the strategic direction of the provider. It means, for example, that the initial focus on piece-price savings changes as the price ceiling is gradually lowered. That is exactly what we did.”

Material Savings 105

Material Savings Manufacturing Procurement Packaging Vendor Strategies 105

DELMIA Quintiq

MAY 11, 2022

Steel is a very versatile material as its composition and internal structure can be adjusted to tailor its properties. There is another important aspect of this material: recyclability. Steel is one of the most recycled material in the world.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. There can be multiple lead times within a supply chain, typically between each node or process along the way from raw materials, processing, and finally getting the customer their shipment. Why is lead time important?

Real-time Visibility 272

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 272