SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 78

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply Chain Planning Software 84

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 84

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. They’ve been adapted to support end-to-end supply chain management.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

ThroughPut

JULY 14, 2020

“ Lean” is considered to be a philosophy of continuous improvement. What is Lean Continuous Improvement? Lean Continuous Improvement is defined as a method for identifying opportunities for streamlining work, reducing waste, and increasing productivity. Value Stream.

Continuous Improvement 69

Continuous Improvement Agile and Lean Supply Chain Waste Reduction Lean 69

Unleashed

APRIL 18, 2024

Any opportunity to minimise waste and reduce your business costs means greater revenue, higher profits, and happier customers. Just-in-time manufacturing is a strategy that directly aligns raw-material supply deliveries with production schedules to increase efficiency and decrease waste. Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. But when your supply chain isn’t meeting the company’s goals, what do you do?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

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. Explore Modern End-to-End Supply Chain for Real Business Growth. Explore Modern End-to-End Supply Chain for Real Business Growth.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

Unleashed

OCTOBER 5, 2023

Warehouse management encompasses a range of tasks, including: Inventory tracking Order fulfilment Organising storage spaces Optimising layouts Managing personnel Efficient and organised warehouse management plays a crucial role in supply chain management by contributing to timely deliveries and overall customer satisfaction.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

ModusLink Corporation

APRIL 22, 2024

Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. Seamless coordination across borders for streamlined supply chain operations. Dynamic inventory optimization to minimize lead times and reduce costs.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Precoro

AUGUST 31, 2023

When faced with disrupted supply chains, unavailable staff, and closed facilities, businesses have to be extra conscious about their spending. However, achieving significant cost savings is not always easy — it requires a comprehensive approach that involves more than just cutting expenses.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. To improve cash flow, process optimisation is necessary. This is achieved through the implementation and continued improvement of cash flow management strategies.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Unleashed

APRIL 4, 2024

In this issue, we look at: The latest in global supply chain news Manufacturing tips from a safety gear founder 3 simple ways to cut inventory carrying costs Job opportunities from Rolls-Royce, Apple, and more In supply chain headlines New EU due diligence law altered to persuade Italy, Germany.

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. The benefits go beyond brand allegiance to include: Improved operational efficiency with reduced waste and costs.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Unleashed

MAY 7, 2024

Therefore, embracing sustainability, while good for the planet, is also a smart business strategy that can lead you to long-term success. Sustainable manufacturing is an inventive approach to manufacturing that aims to reduce the negative environmental impact of production operations while maximising resource efficiency within your industry.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Unleashed

MAY 9, 2024

With the right systems in place – and continuous monitoring – you can improve manufacturing efficiency across all your key workflows. In this guide we’ll cover the main manufacturing efficiency opportunities, why it’s important to measure efficiency, and strategies to improve operational efficiency in manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

QAD

FEBRUARY 25, 2020

The benefits go beyond brand protection and reputation including: Improved operational efficiency with reduced waste and costs. Improved responsiveness to existing and new regulatory requirements. Today, manufacturers view sustainability as a required corporate strategy for long-term business viability and success.

Waste Reduction 144

Waste Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 144

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. AI-powered optimization AI-powered optimizations change supply chain management, as they find ground in the machine learning and AI rise.

Optimal Sourcing 58

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 58

ThroughPut

JANUARY 2, 2024

To help out fellow supply chain experts and professionals, we’ve crafted this guide to deepen your comprehension of JIT, illuminating its fundamental principles, myriad benefits, strategic implementation, and the challenges that may arise. What is Just-In-Time (JIT) Inventory Management? How Does Just-In-Time (JIT) Work?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

SCMDOJO

MARCH 7, 2023

But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is. Kaizen is a Japanese term that means “continuous improvement.” The specified stages are highlighted below: 1.

Supply Chain Software 90

Supply Chain Software Waste Reduction Agile and Lean Supply Chain Supply Chain Optimization 90

Global Trade Management

DECEMBER 11, 2023

Introduction Supply chains are the lifeblood of any business, serving as the vital link between suppliers, manufacturers, and end consumers. While they are essential for the smooth operation of a company, supply chains come with inherent risks that, if not managed effectively, can have far-reaching consequences.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

ThroughPut

MAY 22, 2024

With the constantly evolving, disruption-prone nature of the supply chain space, executives are demanding quick insights, decisions and action. ThroughPut AI, a Gartner-recognized Supply Chain Decision Intelligence and Analytics Platform, does just that.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

Unleashed

MARCH 6, 2024

Supply chain agility is the ability of a supply chain to respond quickly and effectively to changes in customer demand and external pressures. This guide breaks down supply chain agility – its benefits and the best-practice strategies for achieving it. Why is supply chain agility important?

Agile and Lean Supply Chain 52

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

RFgen

MAY 26, 2023

To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. In this article, we’ll dive into proven strategies to help you maintain the perfect inventory balance and keep your customers coming back for more. Got Inventory Problems?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

JUNE 30, 2022

My University Instructors trained me to think – Continuous Improvement! Waste Elimination! I simply want to tackle greenhouse gas as a kind of waste that simply needs to be reduced and ultimately eliminated. Why not begin today empowering your teams to look at reducing your carbon footprint?

Waste Reduction 130

Waste Reduction Demand Planning Software Cost Reduction Strategies Supply and Demand 130

Elementum

FEBRUARY 7, 2024

Business Process Automation vs Business Process Management: Comparing Strategies for Efficiency When delving into “business process automation vs business process management,” you’re not just exploring terminology; you’re seeking effective strategies to solve tangible business problems. Map existing workflows.

Resource Reduction 78

Resource Reduction Optimization Software Waste Reduction Cost Reduction Strategies 78

RFgen

FEBRUARY 29, 2024

This isn’t just a hopeful vision, but the prime objective of Pfizer’s supply chain modernization. At the heart of Pfizer’s mission lies a delicate balance of science, strategy, and innovation. The story of the Pfizer supply chain goes beyond just moving products. Real-time supply chain data is key to this approach.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Supply Chain Software 52

Unleashed

JANUARY 14, 2024

We’ll look at modern manufacturing inventory methods, useful strategies, and manufacturing inventory management best practices. The goal of manufacturing inventory management is to balance the supply and demand of products and minimise manufacturing costs and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. However, manufacturers can only reap those benefits if they implement the right processes to enable this approach and embrace a strategy of continuous improvement.

Manufacturing Procurement 105

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 105

Silvon Software

JUNE 1, 2023

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures?

S&OP 111

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 111

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions.

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

The Logistics of Logistics

DECEMBER 31, 2012

Understanding lean and the 8 wastes is important for all operations people including logistics and supply chain folks. The concept of lean (and the 8 wastes) originated in the manufacturing sector where it was first recognized that eliminating waste in the system led to much bigger profits. Excess Inventory.

Waste Reduction 157

Waste Reduction Agile and Lean Supply Chain Lean Inventory Reduction 157

Claritum

MARCH 22, 2021

Cut operational costs and improve efficiencies. Eliminate the need for disparate systems across departments and geolocations, and instead centralise and integrate these functions into a single cloud deployed system to manage processes, with multiple languages and currencies supported if required.

Continuous Improvement 41

Continuous Improvement Optimal Sourcing Supply Chain Design Software Resource Reduction 41

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. Retailers will need to determine where to reduce spend and where to invest — and that’s where Procurement can shine. . Decentralize Procurement.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

EC Sourcing Group

MAY 3, 2023

When we make more environmentally friendly sourcing choices, we can reduce greenhouse gas emissions and minimize our impact on the environment. Additionally, eSourcing tools can incorporate criteria specifically focused on reducing a company’s carbon footprint.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Procurement Solutions 52

GlobalTranz

AUGUST 9, 2016

“ The most dangerous kind of waste is the waste we do not recognize ”: Shigeo Shingo. Lean thinking focuses on the elimination of all waste (where waste is defined as any non-value added process) and bringing value to the customer , beyond the customer’s expectations. Try to recognize all of your wastes.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120