Logistics Viewpoints

OCTOBER 24, 2024

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. This solution provides insights in a much easier way to digest. It is a brilliant tool.”

SAP 276

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 276

SCMDOJO

NOVEMBER 20, 2024

That is why optimizing inventory and reducing obsolescence is a necessity. Such as: Real-time visibility into stock levels Visibility of stock location and movement When accurate and up-to-date information on the product quantity is available to a particular firm, it dramatically helps a company’s growth and reduces obsolescence.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 98

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Product strategies. without being subject to tariffs.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Logistics Viewpoints

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. This means that pouring resources into better forecasting will not produce the anticipated result.

Sourcing Strategies 290

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 290

GlobalTranz

APRIL 30, 2021

CVSA-certified inspectors will commit a blitz of inspections across North America, creating a sudden strain on resources for both domestic and cross-border freight. The best way to avoid disruption is to source and have readily available resources to expand capacity at a moment’s notice. What Can Shippers Do About the Safety Blitz.

Resource Reduction 297

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 297

ModusLink Corporation

JANUARY 30, 2025

In this blog, well explore key strategies to enhance supply chain resilience and highlight how services like those offered by ModusLink can help businesses navigate these challenges effectively. Effective demand planning also optimizes inventory levels, reducing costs associated with storage and carrying inventory.

Sourcing Strategies 78

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 78

RFgen

DECEMBER 19, 2024

Successfully scaling manufacturing requires more than just adding resources. This agility minimizes downtime and maximizes resource utilization. This targeted approach optimizes resource allocation and minimizes bottlenecks by allowing you to scale only where necessary.

Material Savings 82

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 82

SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

ivalua

JUNE 14, 2023

We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

Logistics Viewpoints

JULY 8, 2024

Meanwhile, customers’ procurement operations were seeing a new generation of talent come of age who were pushing for better value-added services and shipment visibility. Simplification and standardization were key to the strategy. KRONOS Worldwide implemented SAP’s ERP to gain more central control and streamline operations.

Cost Reduction Strategies 288

Cost Reduction Strategies Optimal Sourcing Resource Reduction Negotiating Skills 288

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Various supply chain optimization techniques, such as detailed planning, assessing current practices, and automating processes, can significantly enhance efficiency and reduce costs. Let’s dive in.

Optimal Sourcing 97

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 97

Logistics Viewpoints

MARCH 12, 2025

Even digital advancements, like Enterprise Resource Planning (ERP) systems, only partially solve these challenges because they still need centralized oversight and reconciliation. How Smart Contracts Improve Procurement Automated Payments: When a supplier meets predefined conditions (e.g., Smart contracts offer a new approach.

Supply Chain Design Software 235

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Negotiating Skills 235

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. One of the biggest issues was the labor shortage during Covid.

Sourcing Strategies 262

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 262

Enterra Insights

DECEMBER 17, 2024

That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. The SAP staff explains, “The good news is that you can now leverage smart technologies and tools to better power increasingly sophisticated supply chain optimization strategies.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Supply Chain Shaman

APRIL 19, 2024

Most of the network investment is in passing procurement transactional data. The Return on Investment Network investments reduce supply cycles and improve decision capabilities. Look at any company’s strategy, and you quickly see that the focus is on improving enterprise applications. Many systems without interoperability.

Supply Chain Network Software 294

Supply Chain Network Software Resource Reduction Cost Reduction Strategies Manufacturing Procurement 294

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Unlike many of the large logistics providers, they operate on thin margins and generally considered to have limited resources to devote to decarbonizing their operations. Unlike their customers, usually large shippers with their own sustainability strategies and targets that often span their entire supply chain.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

Jaggaer

FEBRUARY 5, 2025

Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy. This helps quickly eliminate the subjectivity that could arise in manual pricing analysis. This allows the procurement team to quickly identify the lowest or most favorable bid based on cost factors.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. The establishment of efficient global supply chains has become critical to competitiveness.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

SCMDOJO

OCTOBER 30, 2024

These platforms can dynamically adjust the difficulty of tasks, provide targeted resources, and suggest personalized learning paths based on real-time performance data. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

SCMDOJO

FEBRUARY 15, 2025

One of the most effective strategies for building resilience is integrating project management into supply chain operations. Why Project Management is Essential for Supply Chain Resilience The approach provides a structured approach to handling complex tasks, timelines, and resources.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

Jaggaer

FEBRUARY 13, 2025

By combining H&Zs sustainability expertise with JAGGAERs advanced procurement technology for Scope 3 emissions tracking and data collection, organizations can better integrate sustainability into their procurement strategies. As companies seek to address these issues, the role of procurement is changing.

Material Savings 52

Material Savings Price Reduction Manufacturing Procurement Optimal Sourcing 52

ThroughPut

MARCH 7, 2025

Whether youre a Chief Maintenance Officer (CMO), a Chief Mechanical Officer (CMO), or an MRO operator, Optimizing spare parts effectively is critical to reducing downtime, extending asset life, and maintaining operational efficiency. Anticipates lead times for procurement, ensuring timely availability of critical components.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Resource Reduction 52

Logistics Viewpoints

JUNE 7, 2022

The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supply chain and procurement operations. Of the professionals surveyed, 59% saw the gap between procurement/sourcing and supply chain to be a major disconnect, and the most pressing pain point.

Agile and Lean Supply Chain 312

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization 312

DELMIA Quintiq

SEPTEMBER 22, 2021

This begins with identifying the most common types of inventory used in your plant or warehouse in order to optimize your inventory management for streamlined processes and reduced downtime. 3D Printing: 3D printing enables manufacturers to print parts as and when needed, reducing or eliminating WIP and Finished Goods Inventories.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. The traditional leader values cost reduction but is blind on how to value time. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased.

Supply Chain Planning Software 386

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 386

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Optimal Sourcing Waste Reduction Procurement Solutions 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Optimal Sourcing Waste Reduction Procurement Solutions 130

Logistics Viewpoints

SEPTEMBER 20, 2024

The actions include supporting coal workers, unleashing renewables, banning the relining of coal-based steel furnaces, reducing methane emissions, improving energy efficiency, buying clean, and taxing companies to fund the energy transition. Developed at the U.S. Energy Secretary Jennifer Granholm highlighted that the U.S.

Supply Chain Planning Software 284

Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction Supply Chain Software 284

QAD

JANUARY 16, 2025

Despite its success, KION faced significant challenges in managing its extensive supplier network and procurement processes. For the mitigation of supply chain and business risks , we need closer integration and easy collaboration with our suppliers, said Jens Brethauer, VP of e-Procurement & Digitalization at KION.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Negotiating Skills 52

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Cost Reduction Strategies Resource Reduction 98

ivalua

MAY 31, 2022

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

Procurement Solutions 246

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 246

ThroughPut

FEBRUARY 18, 2025

Procurement: Parts procurement considers many factors, including demand, intelligence, risk, compliance, collaboration, delivery, and supplier availability. Business Impact Replenishment: Difficult to automate inventory replenishment , waste reduction, and market-responsive production, while minimizing costs and maximizing margins.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

My Office Apps

OCTOBER 21, 2024

Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes. Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Negotiating Skills 59

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 59

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. Building Strong Relationships with Suppliers: Efficient procurement goes beyond just placing orders.

Inventory Reduction 105

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 105