Precoro

MAY 22, 2023

Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations. The IT procurement process encompasses a range of steps, from establishing IT requirements all the way to negotiating contracts with vendors.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . on-highway diesel fuel prices are up $0.898 from the end of August 2020. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain View from the Field

JULY 22, 2015

I had the opportunity to engage in a negotiation seminar with a large insurance company last week, and had the team work on a software contract role play. In the scenario, there was both a buyer and supplier, and there were multiple facets to consider in the negotiation. IP is always one of the most difficult issues to negotiate.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

Logility

JULY 31, 2024

Traditional demand planning has long been owned by only the supply chain organization – gathering data from all corners of the business through lengthy spreadsheets and often leaving out critical information. Resolve new training opportunities. AI First Forecast Calculation Weekly Review forecast for given scope.

Supply and Demand 188

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 188

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. The problem?

Supply Chain Design Software 312

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

Logility

JULY 31, 2024

Traditional demand planning has long been owned by only the supply chain organization – gathering data from all corners of the business through lengthy spreadsheets and often leaving out critical information. Resolve new training opportunities. AI First Forecast Calculation Weekly Review forecast for given scope.

Supply and Demand 170

Supply and Demand Forecasting Forecasting Software Supply Chain Planning Software 170

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Metrics help to prioritize activities and improve processes.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

The Logistics & Supply Chain Management Society

JULY 20, 2020

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Consumption in the crisis was initially supported by panic-buying. Industry 4.0.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 71

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 71

Supply Chain Shaman

OCTOBER 13, 2022

I love the stories but question the fit of the metaphor(s) for a supply chain conference. In the world of supply chain management following 33 months of disruption, this is not the case. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The reason?

Supply Chain Planning Software 221

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

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Shaman

AUGUST 11, 2015

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks. The move from global to regional supply chains increased risks.

Supply Chain Design Software 150

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

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

Enterra Insights

JULY 16, 2024

”[1] Martin Reeves , Chairman of Boston Consulting Group’s Henderson Institute, and Kevin Whitaker , Senior Director of Pricing Strategy and Data Science at Mojo, agree with Xiong. Enterra Demand and Supply Chain Intelligence System. It also helps reduce forecast risks and improve supply chain planning processes.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Modeling Software Optimization Software 130

Talking Logistics

JANUARY 9, 2017

Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for Supply Chain and Logistics Executives.” For related commentary, see “ There’s No Silver Bullet for Supply Chain Visibility ” and “ Forget Innovation, Just Execute Better ”. Bullying suppliers over price cuts.

Negotiate Pricing 100

Negotiate Pricing Supply Chain Planning Software Pricing Training Negotiating Skills 100

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

Pharmaceutical 94

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 94

Talking Logistics

OCTOBER 29, 2013

As a participant in managing all or part of your company’s supply chain, you may know the pain of answering sometimes difficult questions. You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure.

Pricing Training 147

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 147

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

Unleashed

APRIL 21, 2024

It’s the journey that order takes from the second they click ‘Buy’ to the moment all the goods are delivered to your customer’s doorstep. Tracking: Order tracking systems keep the customer updated on the journey of their purchase, ensuring transparency until the order is delivered.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

ToolsGroup

SEPTEMBER 20, 2022

AI technology is continually revolutionizing how equipment and humans operate on the manufacturing shop floor as well as improving the behind-the-scenes supply chain planning operations. One study found that 51% of consumers prioritize product quality over price when making purchases. How Does AI Work?

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. How is AI Revolutionizing Retail Supply Chains?

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Elementum

MAY 1, 2018

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

Pharmaceutical 60

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 60

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

Unleashed

JULY 16, 2024

The subscription-based pricing model of cloud solutions also allows for more predictable budgeting. Subscription fees can add up over time making cloud-based solutions potentially become more expensive than a one-time purchase of on-premises software. User training and adaptation. Cost over time. Data migration issues.

Supply Chain Planning Software 52

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

Unleashed

MAY 9, 2024

Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment. Productivity metrics may include units produced per hour, revenue per employee, or output per unit of input. Efficiency also helps maintain competitiveness.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

QAD

JUNE 8, 2023

But there are still some skeptics out there who look at the changes ESG would require in areas such as product design, supply chain strategy, transportation methods, material and resource consumption, and employee training — and resist transformation. This simultaneously decreases costs and carbon footprint per unit.

Waste Reduction 97

Waste Reduction Material Savings Resource Reduction Price Reduction 97

Enterra Insights

JUNE 24, 2022

Barcode systems help businesses and organizations track products, prices, and stock levels for centralized management in a computer software system allowing for incredible increases in productivity and efficiency. 5] According to the editors of the Encyclopaedia Britannica , barcode systems have uses beyond the supply chain.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

CormSquare

JANUARY 10, 2017

However, a research done on small business buying behaviors suggests they face a unique set of challenges. Several other examples of how technology is assisting procurement services is ERP software, accounting systems, supply chain software, eProcurement , digital storefront and supplier management systems etc.

Resource Reduction 50

Resource Reduction Cost Reduction Strategies Price Reduction Inventory Reduction 50

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. The world of supply chain is active on my iPhone. The news from SAP Insider is a continued drumbeat on the HANA rewrite of SAP’s supply chain applications.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). About the Supply Chains to Admire Methodology.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Supply Chain Game Changer

JANUARY 5, 2021

Subscribe to Supply Chain Game Changer. Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Supply Chain Shaman

JULY 5, 2016

For many years (1992-2001), I worked at Manugistics, a supply chain planning technology provider. It was refreshing for me today to talk to Adexa and see their fresh approach to supply chain planning. Today I am deep into writing reports for the Supply Chain Insights newsletter. I experienced many layoffs.

Supply Chain Planning Software 150

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Industry 150

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. Customer-Centric Supply Chain Processes. ” I smiled.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). About the Supply Chains to Admire Methodology.

Supply Chain Software 30

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

Supply Chain Shaman

MARCH 29, 2015

Two years at Gartner Group , six years at AMR Research (now Gartner), two years at Altimeter Group and three years as the founder of Supply Chain Insights. Over this period, I have watched the acceptance of cloud-based supply chain solutions evolve. In my opinion, they offer real promise for the supply chain.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Network Software Supply Chain Software 150

Supply Chain Game Changer

MARCH 26, 2021

Subscribe to Supply Chain Game Changer. It can also assist in determining specific metrics that affect the business. More often than not, the software can also be used for managing spare parts inventory, mechanic training purposes, and most importantly, creating and managing routine maintenance schedules. Subscribe Here!

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

DiManEx

JUNE 5, 2019

In most cases, companies come to us because they have an existing supply chain issue. Instead of purchasing an entirely new unit because they fail to obtain a component for repairs, they choose to produce a spare part when it’s needed. Provide training and educational resources.

Pricing Training 70

Pricing Training Vendor Strategies Material Savings Resource Reduction 70