DELMIA Quintiq

OCTOBER 11, 2021

The way forward implies resiliency in all aspects of the business, and for manufacturing in particular, this means implementing the right strategies as stepping stones to build and drive strategic flexibility. The answer lies in a digital transformation strategy that delivers optimal ways of working. How can this be achieved?

Sourcing Strategies 296

Sourcing Strategies Waste Reduction Resource Reduction Price Reduction 296

Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. The Essentials of Procurement Optimization Taken at its most basic level, procurement optimization is simply the strategic process of improving every aspect of procurement operations. The disadvantage of this sourcing strategy is risk concentration.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. By leveraging a comprehensive platform companies can review scenarios through the lens of advanced demand, inventory and manufacturing planning optimization capabilities,” Henriott said.

Vendor Strategies 169

Vendor Strategies Cost Reduction Strategies Price Reduction Inventory Reduction 169

Logistics Viewpoints

OCTOBER 15, 2024

Amul, a household name in India, owes its success to several key factors: strict hygiene standards, high-quality products, product diversification, effective marketing strategies, and efficient supply chain management. Its recent launch in the US is a bold step toward establishing a strong foothold in the international dairy market.

Optimal Sourcing 262

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 262

Logistics Viewpoints

AUGUST 28, 2024

These passports document all aspects of the life cycle – from the sourcing of raw materials to final disposal or recycling. Information must be collected at each stage of a product’s life, including material sourcing, energy use, and environmental impact. What Components Comprise a Digital Product Passport?

Optimal Sourcing 253

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 253

Logility

APRIL 20, 2022

And for that reason, they can absorb and avoid disruption, measure variability proactively, and establish the rights strategies and inventory buffers to address it across the supply network and short- and long-term planning horizons. Developing Diverse, Resilient Sourcing Strateg ies.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Logistics Viewpoints

NOVEMBER 8, 2022

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

Optimal Sourcing 233

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 233

Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This leads to professional growth and supply chain efficiency – just two benefits of role-based training , of which there are many more.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

Supply Chain Shaman

JANUARY 21, 2022

Source Normalized Influence for every Paper (SNIP) Source Normalized Effects for every Paper (SNIP) measures contextual quotation effect by weighting citations centered on the whole range of citations in a topic industry. The post Vocational Training Vs College 2022 appeared first on Supply Chain Shaman. Write A Essay On.

Price Mitigation Strategies 195

Price Mitigation Strategies Training Journal Sourcing Strategies 195

SCMDOJO

AUGUST 10, 2024

To optimize operations, reduce costs, and minimize environmental impact, a multifaceted approach is required. This article explores key strategies for enhancing logistical efficiency and thus improving profitability and reducing cost. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

ToolsGroup

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. This is why ToolsGroup is thrilled to announce the launch of our Dynamic Fulfillment solution.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

Logility

MARCH 17, 2022

Digital supply chain planning and management enables organizations to integrate disparate systems, easily manage supplier compliance and assessments, optimize production schedules, reduce all sorts of risks, and make the sourcing decisions that lead to a stronger supply chain and improved margins as well as profits. Key Takeaways.

Supply Chain Planning Software 153

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 153

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 104

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 104

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 173

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. There is a growing trend among consumers for responsible sourcing or ethical sourcing.

Sourcing Strategies 130

Sourcing Strategies Purchasing Skills Sourcing Expense Reduction 130

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. What is Source-to-Pay? The Source-to-Pay process itself is quite broad but it covers most if not all the aspects of a procurement organization, at least from a process and technology perspective.

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Streamlining processes, optimizing costs, and ensuring timely delivery are the top priority. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 96

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 96

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Demand Driven Technologies

OCTOBER 3, 2024

Numerous software solutions, and not the least, are available to optimize inventories. Just Google “inventory optimization” and you’ll see a wide range of tools aimed at tackling stock management. In fact, if we take a closer look, a stock can’t be optimized, let’s see why. Read more Source

Optimal Sourcing 83

Optimal Sourcing Optimization Software Supply Chain Optimization Supply Chain Software 83

Enterra Insights

SEPTEMBER 10, 2024

By harnessing the vast amounts of data generated across the agricultural ecosystem and employing AI-driven insights, farmers can optimize crop yields, minimize resource wastage, and enhance sustainability.”[5] ”[6] One source of continuing tension between manufacturers and farmers is: Who owns the data? 9] Morgan, op.

Sourcing Strategies 130

Sourcing Strategies Expense Reduction Resource Reduction Cost Reduction Strategies 130

DELMIA Quintiq

MAY 13, 2020

Logistics processes and strategies must be able to adapt to this multivariable environment and accommodate these demands, down to the smallest detail. To mitigate and eliminate these costly risks, manufacturers need to involve container management much earlier in the planning process. The result? The result?

Optimal Sourcing 267

Optimal Sourcing Supply Chain Optimization Automotive Resource Reduction 267

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

EC Sourcing Group

JULY 13, 2021

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Analytics Software Supply Chain Network Software 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Responding to the 2023 IMO GHG Strategy by Wolfgang Lehmacher, Mikael Lind and Robert Ward Illustration: Sandra Haraldson, RISE 7 July 2023 marked a historic day for the shipping sector when the International Maritime Organization (IMO) adopted its 2023 IMO Strategy on Reduction of GHG Emissions from Ships (2023 Strategy).

Material Savings 147

Material Savings Resource Reduction Cost Reduction Strategies Sourcing Strategies 147

Arena Solutions

NOVEMBER 12, 2024

Why should companies align their business strategy with product lifecycle management (PLM)? Aligning PLM with your business strategy offers numerous benefits—from innovating next-generation products to faster time to market, to synchronizing with global environmental initiatives.

Waste Reduction 60

Waste Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 60

Jaggaer

OCTOBER 24, 2024

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. It provides valuable insights, improves supplier management, and facilitates stronger and more profitable supplier relationships.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Optimization Software Prescriptive Analytics Software 52

ivalua

AUGUST 21, 2022

Among these practices are supplier identification through sourcing, relationship management, and reporting. Strategies to Improve Sustainability in Procurement. 55% of our respondents cited collaboration with all stakeholders to set improvement goals as top strategy to improve sustainability.

Sourcing Strategies 240

Sourcing Strategies Optimal Sourcing Sustainability Supply Chain Strategy 240

Logility

FEBRUARY 7, 2023

Avert crises and manage your supply chain more efficiently with optimized allocation of constrained supply. In support of your strategy, you need solutions that help you rapidly address shortages and avert crises. Supply chain issues have put many companies into crisis mode.

Optimal Sourcing 141

Optimal Sourcing Optimization Software Supply Chain Optimization Price Mitigation Strategies 141

ProcurePort

JUNE 29, 2022

• Robust and flexible procurement strategy can help you reduce operational and logistical experiences and equally serve as a competitive advantage. So, it’s advisable to put considerable time into designing a procurement strategy […].

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Supply Chain Strategy Sourcing 52