SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 98

Supply Chain Action Blog

JUNE 14, 2017

The exponential increases in computing power along with advances in software have enabled the use of optimization in an ever-widening array of business decisions. The Importance of Six Sigma. Six sigma pursues reduced variability in processes. Optimization helps decision-makers do just that.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Supply Chain Action Blog

JUNE 14, 2017

The exponential increases in computing power along with advances in software have enabled the use of optimization in an ever-widening array of business decisions. Seiri (Sort) – sorting, i.e., proper arrangement of all items, storage, equipment, tools, inventory and traffic. The Importance of Six Sigma.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Reliance on a few suppliers How you procure and manage your suppliers will impact how they perform.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. He also went on to share what he sees as the five key changes making a global impact to supply chains today and gave advice for those working in or considering a career in our industry.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 111

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. As a metric, it’s the time you budget to manufacture each part or component. This metric represents the amount of time you lose when switching a production line from one product to another.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Requis

NOVEMBER 18, 2020

Supply chain optimization consultant, author, and podcaster Marcia Williams has been working in supply chain since 2004. On episode 18 of Supply Chain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?. I use finance to show the value.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

SCMDOJO

DECEMBER 18, 2023

Predictive Management Utilization: Utilize predictive management techniques to optimize resource utilization, cut costs, and minimize the time required for issue resolution. Determine average inventory levels as part of the annual stocking procedure, contributing to cost containment through effective inventory management.

Inventory Reduction 94

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 94

Supply Chain Movement

SEPTEMBER 26, 2016

Global P2P departments are still on the journey towards true touchless end-to-end purchase-to-pay function. Get experience on Lean and Six Sigma in indirect procurement. IKEA looking at Lean / Six Sigma for P2P indirect process. DP DHL automation/touchless journey. Organiser: marcus evans Conferences.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

USC Consulting Group

MARCH 27, 2023

Supply chain woes. Economic uncertainty paired with rising costs. Continued supply chain disruptions. The supply chain bottleneck that most industries faced during the pandemic has improved in some areas but has not gone away. Geopolitical instability. Ecommerce disruption. Labor shortages.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Talking Logistics

FEBRUARY 7, 2019

It’s a humbling thought and one that raises some incredible questions about the technology that awaits the industry in the years ahead. Can you possibly prepare for a supply chain future that may be completely inconceivable right now? It’s a holistic approach and one that needs to be adopted supply chain wide.

Supply Chain Software 106

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 106

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. The Lean Supply Chain is a system of interconnected and interdependent partners that operate in unison to accomplish supply chain objectives.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

Arena Solutions

AUGUST 4, 2021

To meet these goals, many organizations rely on enterprise quality management system (QMS) software solutions to get high-quality products to market fast. Today, organizations have adopted newer approaches to quality management, such as Six Sigma and lean manufacturing. What Is QMS Software? Why Is QMS Important?

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 90

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. An effective measurement and reporting process can improve performance and provide warehouse cost savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

GlobalTranz

OCTOBER 27, 2015

The effect of any communications effort with this may be difficult to measure unless specific measurement tools are put in place upfront. Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Consider Six Sigma quality will be used and measured.

Six Sigma 120

Six Sigma Logistics Network Optimization Software Company KPI 120

synchrono

OCTOBER 18, 2016

Through the use of supplier quality certifications and blanket (long-term) purchase orders, a manufacturer can accurately and effectively calculate the optimal level of inventory needed to fulfill demand requirements through the duration of replenishment lead time. Eliminating inventory waste. White Paper: Exploring Push v.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

GlobalTranz

FEBRUARY 17, 2016

You can also place a blanket order with a supplier and manage releases versus taking in larger quantities to save costs. Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Use “shadow boards” for tools.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Action Blog

FEBRUARY 18, 2021

Large bodies of knowledge have been built around this subject from rigorous quantitative models for forecasting to methodologies for collaborative forecasting, both within an organization and across organizations. Account – for your action. The first is the acquisition of data.

Inventory Management Software 40

Inventory Management Software Inventory Management Inventory Reduction Inventory 40

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The use of reduce inventory in production optimizes delays and reduces other associated costs. If your setup costs get spread over the run of a production, using reduce inventory would naturally lead to smaller setup cost.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Other factors-such as poor tooling and equipment as well as basic communication challenges-can contribute to poor quality.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Logichain Solutions

OCTOBER 8, 2018

But what is it and how does tracking shipments with IoT benefits your supply chain? At the conference the following year, a robotic arm was added, and a fully automated system created. In logistics and supply chain, IoT can be used to monitor the status of assets, shipments, and people in real time throughout the value chain.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

But what is it and how does tracking shipments with IoT benefits your supply chain? At the conference the following year, a robotic arm was added, and a fully automated system created. In logistics and supply chain, IoT can be used to monitor the status of assets, shipments, and people in real time throughout the value chain.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

But what is it and how does tracking shipments with IoT benefits your supply chain? At the conference the following year, a robotic arm was added, and a fully automated system created. Business processes can be automated and the interaction between people, systems, and assets can be optimized and better coordinated.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

But what is it and how does tracking shipments with IoT benefits your supply chain? At the conference the following year, a robotic arm was added, and a fully automated system created. Business processes can be automated and the interaction between people, systems, and assets can be optimized and better coordinated.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

Logichain Solutions

OCTOBER 8, 2018

But what is it and how does tracking shipments with IoT benefits your supply chain? At the conference the following year, a robotic arm was added, and a fully automated system created. Business processes can be automated and the interaction between people, systems, and assets can be optimized and better coordinated.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Network Software Analytics Software Optimization Software 40

OptiProERP

MARCH 4, 2019

In our blog, “What is Intelligent ERP?” , we looked at the enablers of digital business: cloud, mobile technologies, analytics, the internet of things (IoT), big data, and machine learning, all leading to smart factories. Bar-code data on materials arriving can update the dataset before the purchase receipt has been processed.

Analytics Software 63

Analytics Software Material Savings Manufacturing Procurement Predictive Analytics Software 63

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

NC State SCRC

APRIL 30, 2020

In the last few weeks, me and my research team of Beena, Nikhil, and Pratyush have been communicating frequently with Professor Blan Godfrey , and his team of graduate students taking his Six Sigma class. Yesterday he sent the link to the spreadsheet created to Helena.org to link with their software.

Six Sigma 40

Six Sigma Supply Chain Planning Software Agile and Lean Supply Chain Predictive Analytics Software 40

Unleashed

OCTOBER 4, 2021

By offering support to its partner companies through innovation, communication and corporate social responsibility, Samsung has been able to ensure sustainability and security in its supply chain – which is seen as one of its leading competitive advantages in the marketplace.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

ThroughPut

MAY 23, 2019

Development cycles for new models have also been compressed by aspiring entrants, both new and foreign, while with Over-The-Air (OTA) software updates now download new features, functionality, and refined interfaces to existing cars and trucks regularly and without a trip to the dealer, nor a new model upgrade.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40