GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

JULY 25, 2021

of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? Few measured projects against improved results. Let’s start with honesty and a focus on process innovation. Maturity Model. Reversing The Trend.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Unleashed

MAY 9, 2024

It measures the effectiveness of the production process in minimising waste, reducing costs, and maximising output with the available resources. Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. MRO stands for Maintenance, Repair and Operations and refers to the MRO of the machinery, equipment, and tools necessary to run a business.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. By understanding the flow of products into and out of your warehouse, you can minimise these costs – ultimately improving your margins. This is particularly important if you have a small business juggling numerous demands on cash flow.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

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

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

Synovos

AUGUST 21, 2023

The program recognizes the winners’ commitment to continuous improvement in the prevention of accidents at work while examining health and safety management systems, including practices such as leadership and workforce involvement. “RS Together, the two form the world’s first MRO supply chain services company with true global reach.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Optimal Sourcing Procurement Solutions 52

Logistics Viewpoints

MAY 15, 2023

Blue Yonder is one of the world’s largest providers of supply chain software solutions. Lewis announced that Blue Yonder’s warehouse management system (WMS) – with the attached modules for labor management, automation, and order management – would become the preferred solution offered to customers in the Direct division.

Supply Chain Network Software 209

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 209

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 71

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

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. In short, your entire supply chain can benefit from the use of AI in eCommerce.

Inventory Management Software 52

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

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

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

Arena Solutions

OCTOBER 12, 2023

2 As the numbers indicate, there are plenty of business opportunities, market share, profit, and competition in developing complex, smart, innovative products. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. billion to $855.62 billion in 2023. billion to $799.67

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Demand forecasting is the process of predicting future customer demand for a product or service. Demand forecasting predicts future customer demand using historical data and market analysis.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

TrackVia

MAY 25, 2023

TrackVia’s inventory management capabilities, combined with the inherent advantages of low-code development, offer a comprehensive solution that can revolutionize the way businesses manage their warehouses and ensure smooth, error-free processes. Check out how UC San Diego improved their inventory and asset management processes.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

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. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Supply Chain Shaman

MARCH 3, 2018

.” He continued, “Great mass marketing used be our differentiator, but now the barriers to entry have changed. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Locate them in an innovation center, not a function. How do we compete?”

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

EcoVadis

FEBRUARY 3, 2016

This trend is likely to continue as the current linear economic system is challenged by growing resource scarcity. Just a week ago, the WEF summit in Davos brought a spotlight on the circular economy, announcing with the Ellen Macarthur Foundation a new report rethinking the circular future of plastics ).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 40

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. No-code platforms are software design systems that allow both technical and non-technical professionals to execute a variety of software demands with zero lines of code. What are No-code Platforms?

Supply Chain Design Software 110

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 110

Supply Chain Game Changer

FEBRUARY 12, 2019

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. That company grew organically and supported over 100 companies ranging from Fortune 100 companies to fast growing businesses building their first procurement function. The focus for our customers was efficiency, speed and scale.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Analytics Software Supply Chain Software 50

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In this period the concept of trading exchanges were largely overhyped and the solutions under-delivered. The Promise of Innovation.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. FREE EBOOK. Agility is the name of the game.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

QAD

DECEMBER 6, 2022

Just as savvy and cost-conscious consumers purchase homeowners’ insurance policies and extended warranties for big ticket items like houses, cars and TVs, enterprise software users gain significant support – and peace of mind – from extended warranty options. That’s why we’re offering QAD Extended Solution Services (QAD ESS).

Procurement Solutions 98

Procurement Solutions Predictive Analytics Software Manufacturing Procurement Purchasing Skills 98

Supply Chain Management and Analytics

JULY 9, 2020

The purpose is to build, test, and release software in a much faster and more efficient way. In SaaS companies, the physical separation of the product development and support teams can create potential friction, slow down software development, and hurt customer support. 4) Ensuring Redundancy for Cloud-Based Solutions.

Supply Chain Planning Software 52

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

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

RFgen

JUNE 29, 2017

This is particularly evident in the warehouse and supply chain segments, where companies that make improvements to underlying capabilities can empower other teams to work more efficiently. For example, a CIO Review report said that companies that want to apply lean principles in the emerging Industry 4.0

Supply Chain Planning Software 52

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

RFgen

JUNE 29, 2017

This is particularly evident in the warehouse and supply chain segments, where companies that make improvements to underlying capabilities can empower other teams to work more efficiently. For example, a CIO Review report said that companies that want to apply lean principles in the emerging Industry 4.0

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Agile and Lean Supply Chain 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

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. Focus on Labor Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 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 in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logility

OCTOBER 6, 2023

The primary business drivers to moving to the cloud are: Leveraging a network of data and information – A cloud environment creates enormous value for the supply chain by leveraging a network of data and information to allow greater collaboration and continuous innovation.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

ThroughPut

APRIL 5, 2024

Yet, 43% of small businesses do not monitor their inventory, and a mere 6% of businesses report that they have full visibility of their supply chain – a prerequisite for effective inventory management. Lack of Data Analytics Traditional inventory management systems were mostly manual.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

GlobalTranz

JANUARY 4, 2016

These trends are clear in that technology will continue to, as it has over the last decade, drive change in supply chain management. However, what is refreshing to see is that although technology and innovation are a focus, that also we must understand the fundamentals in order to make it all work.

Supply Chain Design Software 120

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

AB&R

FEBRUARY 3, 2023

This is why many companies invest in innovation before and during the toughest times to help them quickly cut costs while creating new labor efficiency and productivity. These reports found that 9% of roughly 4,700 companies studied outperformed their competitors by at least 10% in sales growth and profit [1].

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Supply Chain Software Purchasing Skills 52