SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Supply Chain View from the Field

NOVEMBER 6, 2015

I will be leading a webinar with the Sourcing Interest Group next Nov. The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as their Chief Procurement Officer. Also joining us will be Michael O’Leary, Director of Procurement Solutions at IBM.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Analytics Software Optimal Sourcing 60

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Demand forecasts. The quantity of each product. Demand fluctuations.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Supply Chain Shaman

OCTOBER 11, 2012

This week, as I prepare for our second webinar on October 26th at Supply Chain Insights , I am working with Abby Mayer (@indexgirl) to understand the performance of discrete industries over the past decade. ” Technology vendors have pushed advanced math and new technologies into the market, and early adopters have adopted the tools.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

ivalua

JUNE 29, 2020

As is, the healthcare supply chain is complex with multiple players involved such as manufacturers, distributors and group purchasing organizations (GPOs) supporting and interacting with multiple departments and care delivery points. Watch a BSW webinar here. Establishing processes to identify and capture savings by category.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

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. This article encompasses the best practices for planning and executing successful IT procurement strategies. What is IT procurement?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

GlobalTranz

JANUARY 23, 2018

Consumers using e-commerce solutions are also moving away from purchasing entirely new products, opting for more refurbished and components to keep existing products working in good condition. Service Supply Chains Will Dominant the Market. This is the service part supply chain, and it will see great resurgence in the coming year.

Supply Chain Software 191

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 191

ToolsGroup

MARCH 1, 2018

Employing machine-learning based forecasting tools, retailers can predict potential sales at the front-end of the assortment planning process. Retailers have relied on an “Open-to-Buy” budget as a way to both control spend and determine what inventory to purchase. To learn more, click on the link below to listen to the webinar:

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

GlobalTranz

NOVEMBER 21, 2017

for example, used predictive analytics to make changes in their inventory processes and have since seen an increase in their production and purchase orders. The Cleo Integration Suite (CIS) , for example, promotes itself as an easy-to-use platform that can integrate seamlessly into your pre-existing software. Hanesbrand Inc. ,

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

Supply Chain Shaman

APRIL 15, 2015

Yesterday, I presented to 700 global attendees on an APICS webinar. As shown in Figure 1, users are more satisfied, the implementations are shorter and there is greater Return on Investment of solutions from Best-of-Breed solution providers—especially if the best-of-breed solution providers used are industry-specific.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. The company is using Blue Yonder for transportation management, Coupa’s Supply Chain Guru for network design, and FourKites ( see the webinar ) for transportation visibility in certain regions or departments to help with this.

Supply Chain Design Software 259

Supply Chain Design Software Purchasing Skills North America Resource Reduction 259

SCMDOJO

JANUARY 19, 2025

Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Gregory is a renowned expert in personal finance and lending solutions, with a Master of Science in Finance from Florida State University and a Certificate in Accounting & Finance from the University of West Florida.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Expense Reduction Inventory Reduction 52

GlobalTranz

OCTOBER 2, 2017

Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. Companies must think of unconventional solutions to meet last mile delivery demands, like Uber, Instacart or Deliv.

Inventory Reduction 363

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 363

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

GlobalTranz

JUNE 1, 2015

Migrate to lean manufacturing-friendly software , integrating departments and suppliers as appropriate to capacitate optimal flow of information and coordination of diverse activities. enhanced flexibility to accommodate variables in customers’ purchasing patterns. cuts purchasing costs. Conduct routine assessments.

Manufacturing Procurement 120

Manufacturing Procurement Agile and Lean Supply Chain Waste Reduction Inventory Reduction 120

Supply Chain Shaman

MAY 30, 2017

Mid-week, I facilitated a webinar on blockchain. In the past, I have given Infosys and Jabil a hard time for focusing on the sale of a software product. If the existing software vendors are slow to innovate, these alternatives do give business buyers a chance to innovate. Together, We Need to Manage Hype Cycles. Too Few Facts.

San Francisco 153

San Francisco Supply Chain Planning Software Forecasting Software San Jose 153

GlobalTranz

JULY 19, 2016

As a result, today’s shippers need to work more efficiently and productively to stay competitive and provide customers with viable solutions. Use Metrics to Track Progress and Order Fulfillment Processes. Each of these metrics relates directly to consumer promises, such as free two-day shipping. Use Incentives.

Warehousing 120

Warehousing Procurement Analytics Cost Reduction Strategies Expense Reduction 120

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. Read more of Michael’s expert reasoning on ESG in the full article in Solutions Review. Michael’s advice?

Waste Reduction 98

Waste Reduction Material Savings Resource Reduction Price Reduction 98

Unleashed

JULY 16, 2024

This guide provides actionable insights and practical advice to help you make an informed decision when choosing a BOM solution. What is bill of materials (BOM) software? By integrating various business processes in real time, a cloud-based BOM software solution offers you enhanced accessibility, scalability, and efficiency.

Supply Chain Planning Software 52

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

Arena Solutions

OCTOBER 12, 2023

A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. External audits can be nerve-wracking with key personnel and teams running from pillar to post searching for records or documents, especially if you don’t have a quality management system (QMS) software solution in place.

Quality 113

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 113

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. meaningful and accurate performance metrics. TMS software in conjunction with a reverse logistics system provides necessary metrics, including: average travel distance per item.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Transportation Management 120

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

GlobalTranz

MARCH 7, 2016

Consequently, more data equates to more analysis and insight, which can then be used to create and implement new solutions to existing problems and issues in visibility and capability, explains McKinsey and Company. What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

BlueYonder

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 114

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 114

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The CIO budget is hamstrung with system upgrades and software license payments. This is the world view of finance and why there is so much friction between procurement and finance. Barrier #1.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

6 River Systems

DECEMBER 13, 2019

Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery. If you put all three cars in a three-car garage, you have no room for lawn mowers, snow blowers or yard tools, and you have to move a car out in order for them to fit.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

ThroughPut

AUGUST 18, 2023

Supply Chain Management KPIs That Demonstrate Impact on Financial Performance As the above image outlines, finance is particularly interested in all the metrics on the left hand side including revenue growth, cost of goods sold, days in inventory and fixed assets utilization. These directly affect business performance. Here’s how.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Software Material Savings Expense Reduction 52

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

3rdwave

JULY 20, 2020

independent performance metrics and analytics for management decision support. There are solutions, like 3rdwave, that provide very powerful integrated international transportation solutions at very affordable prices for almost any size company. . When we talk about global supply chain visibility we are referring to: .

3PL 54

3PL Freight Procurement Analytics Negotiating Skills 54

GlobalTranz

AUGUST 4, 2015

In order to optimize manufacturing operations, or really just about anything, you need to have at your fingertips the best and most accurate manufacturing metrics around. In today's post, we share 5 Golden Manufacturing Metrics that all manufacturing companies should understand to improve plant operations quality.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Arena Solutions

OCTOBER 5, 2023

The latest analytics demonstrate that 81% of consumers say brand trust is a deciding factor when making a purchase. The objective of an external audit is an examination of a particular product or service such as hardware, processed material or software, or medical devices to evaluate whether it conforms to requirements (i.e.,

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

ThroughPut

MARCH 30, 2020

Those teams just need the right manufacturing enhancement tools, like ThroughPut, to immediately leverage their data and increase output today by identifying constraints faster and identifying what to prioritize. After all, humanity is now depending on the global manufacturing sector not to become the global bottleneck of supply chains.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14

GlobalTranz

AUGUST 3, 2017

This only represents a fraction of how auditing software can improve your bottom line, so you need to understand why it is paramount in your logistics technology stack. This is where parcel shipping auditing software from an accredited vendor, like Cerasis, comes into play. Problems With Manual and Internal Parcel Invoice Auditing.

Logistics Network Optimization Software 137

Logistics Network Optimization Software Optimization Software Procurement Solutions Vendor Strategies 137

ThroughPut

MARCH 30, 2020

Those teams just need the right manufacturing enhancement tools, like ThroughPut, to immediately leverage their data and increase output today by identifying constraints faster and identifying what to prioritize. After all, humanity is now depending on the global manufacturing sector not to become the global bottleneck of supply chains.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

GlobalTranz

APRIL 6, 2017

The second is from the manufacturer or vendor of your replacement parts and software updates. Performance is a handy metric to measure. Decision #1: Develop clear evaluation and purchasing criteria. Define your requirements and how you intend to procure your upgrade. How will you select and evaluate bids and vendors?

Manufacturing Procurement 174

Manufacturing Procurement Manufacturing Vendor Strategies Expense Reduction 174

GlobalTranz

MARCH 24, 2015

For a trucking company, shipper, or logistics provider to be profitable, owners must understand their cost of purchased transportation and expenses need to be in line with desired profitability. Payments on leased/purchased trucks and trailers represent 11% of costs. Inbound freight costs as percentage of purchases.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120