SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

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 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

SYSPRO Smarter ERP

JULY 3, 2023

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

SYSPRO Smarter ERP

APRIL 26, 2023

For manufacturers that have grown up from a small business, with a handful of employees and few customers, to one with many staff and customers, there comes a time when the business software needs of the company have to be re-evaluated. Here are ten reasons how an ERP system can help manufacturers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Design Software Optimization Software 98

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Supply Chain Shaman

APRIL 15, 2020

My last post on the Supply Chain Shaman blog was forty-five days ago. As the world for non-essential workers moved to on-line meetings, conference calls, and uncertainty, essential workers redefined the workplace to mitigate risk. Today, we find ourselves in the middle of a risk management case study. What can we learn?

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Enterra Insights

SEPTEMBER 16, 2022

And, on the other side of the political aisle, the Office of Management and Budget notes, “The President believes that when we spend American taxpayers’ dollars, it should support American workers and businesses. Today there are 135 million service workers versus 13 million manufacturing workers.”[2]

Manufacturing Procurement 130

Manufacturing Procurement Resource Reduction Price Reduction Cost Reduction Strategies 130

Enterra Insights

MARCH 17, 2022

The Logility team writes, “Environmental sustainability in the supply chain is top of mind for consumers, and a brand that fails to hold itself responsible risks reputational damage that will affect the bottom line.”[2] ”[6] It’s a good question. Green is also the unofficial color of sustainability efforts.

Supply Chain Design Software 147

Supply Chain Design Software Eliminating Excel in Purchasing Material Savings Waste Reduction 147

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Here are some compelling reasons why diving into supply chain management is a fantastic career choice.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

ToolsGroup

DECEMBER 17, 2020

We saw this right at the start of the pandemic, when parts being manufactured in Wuhan province disrupted car manufacturers’ production lines around the world. These disconnections can seriously hurt manufacturers and retailers in today’s online, service-driven economy where consumer expectations are defined by the Amazon experience.

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

ToolsGroup

JUNE 27, 2022

Some people can really pull them off. At the back of your supply chain, you’ve got your raw materials being procured. In the middle, you’ve got your manufacturers that take those raw materials and turn them into finished goods. Scoops is a manufacturer that makes batch ice cream and pre-packaged ice cream bars and pints.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. Use External Benchmarking Tools.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

ToolsGroup

APRIL 1, 2022

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. you can manage ongoing shortages with.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

SEPTEMBER 22, 2022

In his recent Supply Chain Digital Magazine article, Future-proof your supply chain to 2025 and beyond , Brent posits seven ways shippers can make decisions now to improve operational efficiency in the next couple of years. How Do You Prepare for the Unexpected? Resilience. Key Steps to Future Proofing Your Supply Chain.

Supply Chain Software 96

Supply Chain Software Agile and Lean Supply Chain Demand Planning Software Modeling Software 96

QAD

APRIL 11, 2023

They can be physical and natural, like wildfires and tornadoes, or events such as pandemics and economic downturns that are less tangible yet equally, if not more, destructive to our communities and livelihoods. The war in Ukraine, COVID-19 pandemic, inflation and recessionary risks have all become disruptive forces.

Lebanon 95

Lebanon Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 95

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. You can Hire Matias or start a conversation from here !

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Enterra Insights

JANUARY 7, 2020

Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. “Intelligent, self-correcting supply chains use artificial intelligence so you can make better decisions and take more informed actions faster. ” 5. . Prediction 1.

Predictive Analytics Software 100

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Resilinc

SEPTEMBER 14, 2021

These developments are covered in more detail in our recent blog post: Delta outbreaks spur supply chain woes ). To adapt to these disruptions, OEMs and retail chains are seeking to procure holiday goods earlier than usual—which is contributing to the shipping congestion. ESG risks rising. 12-to-18-month outlook is mixed.

Optimal Sourcing 62

Optimal Sourcing Manufacturing Procurement Forecasting China 62

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. With effective inventory control templates, you can maintain an accurate record of your products, including their quantities, dimensions, location, and weight.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Enterra Insights

FEBRUARY 11, 2020

Morvan notes, “The management guru Peter Drucker suggested, you can’t improve what you can’t measure. To go back a step further, you can’t measure what you can’t see. ” Alex Saric, a procurement expert at Ivalua, observes that poor supply chain visibility exposes companies to unwanted risks.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply and Demand Analytics Software Predictive Analytics Software 100

ThroughPut

MAY 31, 2022

But when many of these disruptions are unanticipated, how can businesses build resilient futures while at the same time managing unprecedented risk? Unless businesses can pivot rapidly in the face of constant uncertainty, they stand to lose everything – from revenue and market share to brand equity and share of wallet.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

GlobalTranz

FEBRUARY 20, 2018

In today’s blog post we continue our look at the logistics technology trends that will shape 2018. In this post, will go to how shippers and logistics providers will lean on 6 more trends to make gains in the months to come. However, last-mile delivery is not exclusive to home delivery, and it can include delivery to store.

Logistics Network Optimization Software 181

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Analytics Software 181

GlobalTranz

APRIL 6, 2015

Editor’s Note: This blog post is from SupplyChainOpz. Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. Contact Cerasis if you would like help in more effective transportation management. . 3) Risk Management. 5) Technology Matters.

Optimal Sourcing 120

Optimal Sourcing Manufacturing Procurement Trends Supply Chain Planning Software 120

Enterra Insights

JULY 28, 2020

Automating processes enables supply chain managers to reduce costs and increase supply chain throughout, whilst giving businesses the information they need to respond in real-time to rapidly changing market conditions.” But by incorporating new technologies like AI into their supply chain, they can, without breaking a sweat.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Enterra Insights

APRIL 6, 2021

The two activities are related and trying to define differences between the two can be difficult. The RLM can help determine what type of analysis is best-suited for the data involved in a high-dimensional environment (i.e., In short, you can now have your accuracy and interpretability cake … and eat it too.”

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

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. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Matters

DECEMBER 13, 2023

Background Within our research arm’s previously published industry and global supply chains predictions advisory published at the start of this year, we predicted that manufacturers would up their efforts this year in restoring more direct control and added resiliency in their direct materials component and outsourced manufacturing strategies.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

QAD

JUNE 8, 2021

The Guardian stated : “The technology industry faces a growing shortage of semiconductors and other high-tech components following a failure to invest in new manufacturing facilities during the recession, experts have warned.” Are We Really Learning from Our Mistakes? Does this sound like a quote you have read over and over again in 2021?

Supply Chain Software 97

Supply Chain Software Automotive Demand Planning Software Forecasting Software 97

Arena Solutions

JANUARY 18, 2022

Today digital transformation is top of mind for many manufacturers, as they are forced to compete with novel, disruptive technologies and navigate the new normal of pandemics, part shortages, and other unforeseen events. There are several factors that can create barriers for companies as they embark on a digital transformation journey.

Supply Chain Planning Software 88

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 88

ivalua

APRIL 17, 2023

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing.

Manufacturing Procurement 130

Manufacturing Procurement Procurement Solutions Sourcing Strategies Analytics Software 130

GlobalTranz

FEBRUARY 10, 2017

By understanding how the industry will evolve throughout 2017, you can prepare your organization for the challenges and opportunities that will come. But, the risks from arising Asian markets, banking problems in the Eurozone and conflict among the Middle East and Africa will keep U.S. If you want it, Walmart can get it.

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In a 2018 survey by GEODIS, only 6% of supply chain professionals worldwide believed their companies had achieved supply chain visibility ?

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 86

SYSPRO Smarter ERP

FEBRUARY 6, 2023

Part of the solution is to have an ERP system that is already set up for the future and which can offer the capabilities and information needed for digitalization – enabling the digital transformation process. That is when a future-fit ERP system can be a major advantage. But where do you start?

Forecasting Software 52

Forecasting Software Predictive Analytics Software Manufacturing Procurement Supply Chain Software 52

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Challenges of Seasonal Product Management. 7 Ways to Manage Seasonal Products.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. Companies can cut costs in various ways.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

HICX Solutions

AUGUST 11, 2022

Supplier Experience Management (SXM) is the practice of creating the conditions in which a buying organization and all of its suppliers can achieve mutual success together. Through this pragmatic approach, more suppliers’ time and resources can be freed up for them to focus on doing their best work for a customer.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply and Demand Cost Reduction Strategies 52