SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Supply Chain Shaman

SEPTEMBER 27, 2021

Over the course of the five months, we iterated on the model over seven sessions. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Survey existing suppliers, third-party logistics providers and customers. My personal learning?

Supply Chain Planning Software 351

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 351

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

We are pleased to continue our 2021 fire-side chat series with key people in the supply chain industry, and it is with particular pleasure to catch up with Stuart Whiting, Senior Vice President, Global Supply Chain, Logistics & Planning at Schneider Electric, based in Singapore but with a global functional responsibility.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

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. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 105

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 105

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. The Loadstar found that Alibaba has a minority stake – by way of Cainiao – in Transfer , an ocean liner owned by Worldwide Logistics Group.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season. He is the author of ‘Halal business management: a guide to achieving halal excellence’. MORE FROM THIS EDITION h6 Are Our Agri-Food Supply Chains In Crisis?

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

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). . Impact on the ecosystem.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

QAD

OCTOBER 26, 2023

Computer chips were recently in short supply and the shortage list has included children’s pain relievers, EV components, eggs and, of course, toilet paper at times. For companies concerned with operational excellence — and profitability — this needs to change and many need to address global trade management complexities.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 98

NC State SCRC

JULY 14, 2024

This problem is also related to the fact that too often, supply chain risk remains a procurement problem, when in fact it is a business problem ! This tool was developed in conjunction with a major building technologies procurement organization. Their Chief Procurement Officer had this to say about the tool. This is not enough.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Pharmaceutical 59

Supply Chain Shaman

MAY 21, 2013

Over the course of the last week, I have been working on healthcare research. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions. It is now shifting again.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. But, of course, what those circumstances are is for you to decide. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

Optimal Sourcing 75

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 75

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Logistics Bureau

NOVEMBER 16, 2020

And now let us examine the reasons why a career in logistics offers so much diversity to so many workers. It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 97

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Order our EBOOK HERE.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Supply Chain Game Changer

MAY 11, 2022

How to Create a Digital Marketing Strategy for a Logistics Company! When procuring materials and handling the logistic, you probably haven’t had the time to update your marketing strategy and let it slip through the cracks. You should also sign up for their newsletters or even buy their products and compare them to yours.

Manufacturing Procurement 96

Manufacturing Procurement Waste Reduction Manufacturing Resource Reduction 96

Supply Chain Game Changer

NOVEMBER 23, 2018

Check out What is Virtual Procurement and Why Should You Care? Procurement is an integral part of any company in any industry. Jill is a true, seasoned leader and expert in Procurement. She offers Procurement services which anyone seeking help in any aspect of this area of Supply Chain must seriously consider.

Negotiating Skills 80

Negotiating Skills Purchasing Skills Optimal Sourcing Procurement Solutions 80

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Which metrics do you think matter to supply chain excellence? Of course, the achievement of 100% ‘perfect order’ performance is not possible. But, that is not the point.

Procurement Analytics 261

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 261

Supply Chain Game Changer

MARCH 12, 2020

In many supply-chain positions, companies are looking for people who have skills in communication, Microsoft Excel and Access, relationship management, attention to detail, and have the ability to analyze data and negotiate. If you lack experience in any of these, then you need to fix them right away.”. Find The Right Role.

Buyer Training 79

Buyer Training Negotiating Skills Purchasing Training Purchasing Skills 79

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. They must always result from a strategic decision.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Developed a process of excellence in supply chain collaboration. This formula has enabled Whirlpool to endure and thrive in the 13 years since it set out to build an adaptive supply chain, but of course, the work never ends.

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 104

Procurement Academy

MARCH 12, 2024

In response to these challenges, Skill Dynamics is proud to introduce the Future Skills course for Cost Optimization. This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. The demand planner must engage sales, marketing, finance, and logistics colleagues to gather the required data. The Executive Sponsor.

Supply Chain Planning Software 89

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 89

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Plus, other significant losses are production time, resources, and of course, money.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Game Changer

NOVEMBER 17, 2018

By January during 8 th grade, several of my classmates and I had finished the self-paced algebra course. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. How has the Supply Chain changed over the course of your career?

Gartner 74

Gartner Manufacturing Procurement Optimal Sourcing Supply Chain Software 74

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Infosys Supply Chain Management

NOVEMBER 29, 2011

Logistics and Distribution. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A couple of other payment options, which were in vogue earlier and are now making a comeback due to the recession, are Layaway and Buy Now Pay Later (BNPL). Communication Services.

Eliminating Excel in Purchasing 22

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Agile and Lean Supply Chain 22

Logistics Bureau

OCTOBER 6, 2017

80% of the problems I see in Supply Chain and Logistics have quite an easy fix. Scenario 2 – Buy more at once. You jump in the car, drive to the store, park the car, go into the store, spend a bit longer in the store this time, as you buy sugar, flour, rice, milk, and a dozen other things. Getting the Service Policy Right.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 40

Logistics Bureau

OCTOBER 19, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. For example, are you sure that you don’t have one or two business units that excel in a performance element which, otherwise, is proving to be a weakness for your supply chain operations? Those levels are “benchmarks”.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

ShipBob

SEPTEMBER 27, 2021

As the business leverages omnichannel fulfillment to maximize orders from numerous channels, the Ecommerce Director must also understand ecommerce logistics (including production lead times and inventory levels to prevent stockouts) and the full-funnel customer journey. Setting short-term and long-term goals. Strong analytical skills.

Inventory Reduction 59

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 59

ShipBob

SEPTEMBER 27, 2021

As the business leverages omnichannel fulfillment to maximize orders from numerous channels, the Ecommerce Director must also understand ecommerce logistics (including production lead times and inventory levels to prevent stockouts) and the full-funnel customer journey. Setting short-term and long-term goals. Strong analytical skills.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Requis

JUNE 25, 2020

She is a 15-year logistics veteran, educator, consultant, and an active volunteer with the Council of Supply Chain Management Professionals (CSCMP). This shows how logistics had adapted to the new conditions in a very short time. It’s not just about procurement or warehousing, we go all the way to reverse logistics.

Supply Chain Planning Software 52

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

SCMDOJO

JANUARY 17, 2024

Instead, you can choose to concentrate on the planning side of the equation, focus on logistics, or specialize in production. They can also be in charge of mapping out logistics for transporting the supply and fulfilling orders. A logistics resource planner coordinates workers and transport fleets to fulfill customers’ orders.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 98

Logistics Bureau

MARCH 14, 2018

Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Logistics services provider TNT runs a large distribution hub in Belgium. From a simple place to stock goods, warehouses have developed in many ways—function and form included.

Warehousing 55

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 55

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

Logistics Bureau

NOVEMBER 27, 2016

So in order to perhaps spawn some ideas for your supply chain excellence efforts, I thought I’d offer a brief overview of how four leading organisations are achieving their successes and cementing their mastery of the 21 st century supply chain. 4 Leading Operators with the Supply Chain X-Factor. Boxes Within Boxes.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Logistics Bureau

OCTOBER 11, 2021

The first steps, of course, are to understand the challenges you face, prioritise them for action, and consider the resources and help you need to meet and overcome them. Supply Chain and Logistics Knowledge. There are, of course, several ways to achieve a logistics knowledge infusion. Product Availability.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Material Savings Negotiating Skills Inventory Reduction 52