Supply Chain Shaman

JUNE 29, 2022

Asset relocation takes time. Over the last three years, these three fundamental assumptions unraveled: they are no longer valid. The impact varies by supply chain sector and value chain. I share the questions in bold and my answers follow. We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. What to do?

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Asset relocation takes time. In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. Over the last three years, these three fundamental assumptions unraveled: they are no longer valid. Does this solve the problem?

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. The HS code determines the tariff a product will incur at the time of import. For instance, law firms and consultants in the U.S. Authorities in the U.S.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

FLEXE

OCTOBER 11, 2018

As a result, they’re saving 30% on FedEx costs, reducing delivery times by 51%, and reaching 88% of their marketing with two-day delivery. By the Numbers: 51% reduction in delivery times—from 3.5 Get the PDF of Lull’s case study >> Challenges to Order Fulfillment. Here’s how. 6X increase in SKUs.

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. 77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. We’ve all been witness to this!

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. You’ll also learn about supply chain management and the various stages of the procurement process.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Master TMS Tools : Learn the ins and outs of transportation management systems to see how they optimize the shipping process, saving time and money.

Negotiating Skills 86

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 86

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Delivery at the shortest cycle time. Responsive.

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 322

Kanban Logistics

AUGUST 13, 2020

This includes the procurement and delivery of the parts used to build the finished product. By handling inbound logistics yourself, you’re allocating time, money and resources away from your primary goals of increasing factory output and driving sales. Third-party procurement. Reduce your inventory and speed up the cash cycle.

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Game Changer

MAY 5, 2021

They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Just-in-time” production has become a hallmark of today’s Supply Chains. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! Get Our EBOOK HERE.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

ToolsGroup

MAY 30, 2018

He says: Digital twins are more than just CAD. Digital twins drive benefits such as improved business planning and improved sourcing, procurement and supplier management. The growing momentum around systems-based thinking in supply chain planning has given rise to a new concept called the “digital twin”.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” That was fun, right? In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Unleashed

MARCH 2, 2022

If you already know what Kanban is and just want the case studies, scroll down! Over time this evolved into sticky notes on a board displaying an entire project at once, which has since evolved into virtual boards. Don’t worry if you’re not familiar with what Kanban is – we’ll give you the basics first.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

C3 Solutions

JULY 30, 2020

Right now, in the context of the retail Armageddon, we thought it was time to offer a reality check on IoT and how it may play out in the retail sector. 1 It's just that half of them don't know how they'll use it in their own business. 1 It's just that half of them don't know how they'll use it in their own business.

Gartner 127

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

ThroughPut

FEBRUARY 17, 2022

All these factors create significant pressure on retail CSCOs as they move from deciding not just whether change is necessary, but how to effectively improve the much needed resilience and agility without lowering margins. Demand- driven inventory & capacity planning strategies. Optimised operating costs.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

JANUARY 21, 2014

However, over time, they slowly feel comfortable. It takes time. Companies are stuck at the intersection of inventory turns and operating margin. Many supply chain consultants will quickly rattle off case studies and proof points, but the smart supply chain leader will ground the discussion with clear definitions.

Supply and Demand 331

Supply and Demand Modeling Demand Planning Software Forecasting 331

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. Similarly, one can assume that in many cases, businesses that fail do so because of financial problems —a fact that makes the following statistic also worthy of consideration: . . Supply Chain Strategy.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Resilinc

JUNE 21, 2023

The last time we compiled a list of supply chain book recommendations was in 2016 in our blog, 6 Books Every Supply Chain Professional Must Read. Can you believe it? Back then, the world of supply chain in a pre-covid world looked quite different.

Supply Chain Software 62

Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain Supply Chain Optimization 62

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. To reflect the reality that SCRM programs take time to mature, ROI should be calculated over a three-year period. Anticipate and answer objections.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

NC State SCRC

MARCH 25, 2021

Because procurement executives were so focused on cost, they did not worry about shipment velocity. Likewise, the focus became on reducing transportation costs – which led to container ships getting bigger and bigger over time. For many years, as we moved to low cost countries, the shipping industry benefited.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 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. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Matters

MARCH 29, 2022

Just shy of three years ago, athletic and leisure footwear manufacturer New Balance announced plans to build the company’s sixth footwear factory within the United States. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S. Background. This Week’s Grand Opening.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing Strategies Expense Reduction 52

ToolsGroup

JANUARY 5, 2016

In an economy where only the fittest survive, shedding non-core business processes is one of the most time-tested ways to cut costs while improving performance. Now companies have started outsourcing supply chain business processes like planning, direct procurement, order management, inventory optimisation and reverse logistics.

Supply Chain Planning Software 120

Supply Chain Planning Software Resource Reduction Cost Reduction Strategies Price Reduction 120

Claritum

JANUARY 25, 2019

Claritum Article - Procurement Blog. The level of understanding of procurement automation within a company influences significantly the adoption. There are many benefits for SMEs adopting Procurement automation. Including: Better Cash Flow associated with payments and inventory management. Shorter order cycle times.

Negotiating Skills 36

Negotiating Skills Negotiate Pricing Supply Chain Software Purchasing Skills 36

Unleashed

DECEMBER 5, 2023

Goods are being produced, procured, and delivered more efficiently with reduced costs. This article looks at the existing use cases and benefits of artificial intelligence for eCommerce businesses, the risks it presents, and what the future may hold. These examples are just the tip of the iceberg. Let’s dive in.

Inventory Management Software 52

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

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. Houston – We have a Supply Chain Problem.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. Houston – We have a Supply Chain Problem.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Supply Chain Matters

FEBRUARY 20, 2024

Since that time, the scrutiny and viewpoints focused on Boeing by government regulators, aircraft customers, mainstream business media and flyers themselves remains in the headlines. In this Supply Chain Matters Editorial , Founder and Executive Editor Bob Ferrari focuses on Boeing’s ongoing corporate culture challenges.

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

Supply Chain Shaman

NOVEMBER 27, 2016

At the session, together through education, sharing case studies, and reviewing research, we will explore the opportunities to build a Network of Networks to improve B2B supply chain connectivity. This group meets three times a year, and I always find the discussions stimulating. Holiday travel. My goal is drive new thinking.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Talking Logistics

JULY 25, 2018

It would be like building a new highway, but saying existing cars can’t drive on it — you’ll have an empty highway for a long time. Of course, the most common question about blockchain is “What is it?” but once you get past defining it, more important questions follow: What’s real today and what’s hype? How do I get started?

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Predictive Analytics Software 106

Talking Logistics

MARCH 4, 2016

Second, we just released our second Talking Logistics YOUniversity course, Building a Strong Transportation Management Foundation. In recent quarters, Target has struggled with inventory shortfalls as it tried to cater to online and in-store shoppers at the same time. DOT Releases 30-Year Freight Projections.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Forecasting Software Supply Chain Network Software 0

RELEX Solutions

MAY 21, 2018

Case Derome: Ensuring a Successful Implementation and Change Management During Rapid Growth. Customers » Case Studies. In 2015, Derome set out to improve its supply chain processes knowing it needed an agile solution to support its growth as keeping track of stock levels without an inventory management system was difficult.

Optimal Sourcing 28

Optimal Sourcing Negotiating Skills Purchasing Skills Supply Chain Planning Software 28