Unleashed

APRIL 21, 2024

How the order processing process works The order processing process begins when a customer order is placed and verified – in person, via email or telephone, or online – followed by inventory sourcing, then picking and packing, before the order is shipped. Order tracking and updates are provided to the customer.

Inventory Management Software 52

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

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. The questions that are most often asked are: What metrics should I use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? I use a method I call managing for daily improvement or MDI. Is the team not improving as much?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Unleashed

MARCH 6, 2024

Some tips for using supply chain agility to manage compliance challenges: Conduct regular assessments of the legal and regulatory landscape in the markets where you operate or source from and identify potential changes or challenges that could affect your supply chain. An agile supply chain is flexible, adaptable, and resilient.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Unleashed

DECEMBER 12, 2023

Poor BOM management leads to stockouts and overstocking, both of which can impact your ability to achieve cost-effective production and put the overall quality and success of the products you’re manufacturing at risk. These components help manufacturers to effectively plan, source, and manage the production process.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Click here to access the course: How to Start a Career in Supply Chain Management? Here’s an easy way to learn how to apply it to Supply Chain. This potentially opens doors to exciting opportunities.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement. What are those value levers?

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. But, the tune has changed, and they are unsure how to dance together. The focus has been on sourcing and managed costs.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. This guide for manufacturers explains how it works and explores the most effective ways to manage inventory in manufacturing. Ordering and purchasing the required materials from suppliers at the right time and quantity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting predicts future customer demand using historical data and market analysis. How to Perform Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

FEBRUARY 16, 2016

One of my clients waits four days for a custom report. Leaders know that massive change in supply chain processes is coming but they do not know how to get started. Historically, supply chain processes were functional focused on make, source and deliver. How to do this in the face of severe cost-cutting pressures?

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. . On the YESS Cotton Sourcing Risk Assessment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

Supply Chain Game Changer

JUNE 8, 2021

The hard, or Skill, side is much easier to learn, however, you must continue to build on the foundation of knowledge and skill learned in post-secondary education by exposing yourself to as many varied experiences as possible. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side?

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

Enterra Insights

OCTOBER 14, 2022

consumers — and businesses wanting to sell to those consumers — want to ensure that goods and services are sourced ethically and sustainably. A growing segment of consumers have become educated and engaged on Environmental, Social, and Governance initiatives and are letting their activism guide their purchasing behavior.”[7]

Purchasing Skills 130

Purchasing Skills Florida Procurement Solutions Procurement Analytics 130

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. These are the textile and spinning mills.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 40

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

ShipBob

AUGUST 5, 2020

You’ve probably heard a lot about Shopify and how it’s one of the best platforms for ecommerce businesses of all sizes. And how easy is it to get started? In this guide, you’ll learn how Shopify works, how to start selling on Shopify, and how to grow your online business. Source your products.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

Unleashed

AUGUST 28, 2022

Specific aspects of managing inventory include procurement, storage, and utilisation tracking. These types of materials refer to components that are essential to the maintenance and continuity of operations. A company will incur administrative costs from obtaining a quotation to accomplishing a purchase order.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. Source: [link].

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Unleashed

OCTOBER 4, 2023

Order fulfilment is how an order is received, processed, and delivered to a customer. The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Order fulfilment is just one part of the supply chain.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Locus

APRIL 3, 2023

Logistics management involves the efficient and effective coordination of various tasks related to the transportation, storage, and delivery of goods, services, and information starting from the source to the end-users. Source: Zebra Technologies). These are some common challenges businesses face and how to overcome them.

Optimal Sourcing 52

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

Supply Chain Management and Analytics

JULY 9, 2020

At Solvoyo, all our employees are trained on how to apply the process in different scenarios, similar to what we had done during the COVID-19 crisis. 3) Effective Business Continuity Planning (BCP ). Business continuity planning (BCP) is the process of creating systems of prevention and recovery to deal with potential threats.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 52

TMC

MARCH 2, 2017

How can global shippers most efficiently distribute products to an extremely diverse, multinational customer base? Delivering exceptional service levels, regardless of where products are sourced and manufactured, or how buyers choose to purchase products is a constant challenge. Final thoughts.

Global 48

Global Supply Chain Planning Software Analytics Software Sourcing Strategies 48

TMC

MARCH 2, 2017

How can global shippers most efficiently distribute products to an extremely diverse, multinational customer base? Delivering exceptional service levels, regardless of where products are sourced and manufactured, or how buyers choose to purchase products is a constant challenge. Final thoughts.

Global 48

Global Supply Chain Planning Software Analytics Software Sourcing Strategies 48

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Here we look in detail at how and why reverse logistics is important for retailers and manufacturers, covering the questions: What is reverse logistics? 3 examples) 1.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Instead of being sold a new system, they might just need some guidance on how to solve their pain points by repurposing their existing technologies.”. 2016 Supply Chain Trends: The First 7 of 12.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Arena Solutions

OCTOBER 5, 2023

In this article, we dig deeper into why you should conduct internal audits and understand how to avoid compliance issues, broken processes, workforce attrition, or slow workflows. The latest analytics demonstrate that 81% of consumers say brand trust is a deciding factor when making a purchase. How are your records maintained?

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52