Elementum

SEPTEMBER 30, 2021

Tl;dr It’s good to see supply chain management getting more attention in higher education. We talk about supply chain as though it’s one thing when really it’s a combination of several different disciplines: procurement, planning, manufacturing, logistics, distribution, operations, customer service. Build a strong base.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 147

ModusLink Corporation

DECEMBER 13, 2022

Warehouse and distribution managers and procurement professionals will need to start thinking about managing the customer experience better. And while the healthcare and education industries may most commonly suffer an attack, the supply chain is still at risk.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

The Logistics & Supply Chain Management Society

JULY 16, 2023

The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. These technologies have the potential to automate processes, improve forecasting accuracy, optimize inventory management, and enhance decision-making capabilities.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function. Chuck Intrieri Education.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

GlobalTranz

JULY 12, 2016

Reduce inventory with cross-docking or use Kanban pull systems. Target inventory accuracy: goal: 98-100% accuracy daily. Get rid of excess inventory: create a Material Review Board (MRB) to review: obsolete, excess, slow moving inventory monthly. Implement a reward system for major victories. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Elementum

MAY 19, 2022

In the 90s, new operating philosophies – like Lean and Just-in-Time – ushered in an era of efficient supply chains. The American Production and Inventory Control society, known as APICs, was formed in 1957, officially launching the era of supply chain as a profession and discipline of its own. Why is Supply Chain Management Important?

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 78

Supply Chain Matters

MARCH 10, 2022

Noted was that the digital transformation of Lean practices requires new definition and direction for just-in-time inventory management flows. In the “ new normal ” of Lean , information is constantly changing, and the flow of supply will be interrupted because of market, supply, or logistics network disruptions. Number Six.

Supply Chain Planning Software 52

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

Unleashed

AUGUST 17, 2021

These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance. It optimises inventory management, and gives real-time visibility and inventory accuracy. Advantages: ERP centralises information and improves overall operational efficiency.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Requis

MAY 22, 2020

Rob Handfield has over 30 years of experience in supply chain as an educator, researcher, consultant, and author. Meanwhile, salespeople for suppliers were trying to work around procurement. On every screen there were moving graphical visualizations of material inventory. A supplier in China with 16-week lead times is NOT Lean!

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. If you have the ability, time, and money for tertiary education, that’s really good. They also need to keep a check on inventory levels and identify obsolete stock.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. 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.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. This is the world view of finance and why there is so much friction between procurement and finance.

Supply and Demand 150

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

CH Robinson Transportfolio

OCTOBER 28, 2014

Many managers had developed lean budgets around negotiated rates. Conduct a procurement exercise at the same time of year, every year. Educate your company (especially salespeople) about how weather affects capacity to avoid service failures and unmet expectations. Communicate within your own organization.

Negotiating Skills 69

Negotiating Skills Pricing Training Agile and Lean Supply Chain Supply Chain Planning 69

Logistics Bureau

OCTOBER 19, 2017

Lean and Agile Trade-Offs. Lean supply chains reduce waste and increase profit. The lean ideal for using suppliers, for example, is to have just one that delivers just in time. A suitable trade-off must be found between lean and agile. The price to pay is the excessive costs of holding all the inventory.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 45

CH Robinson Transportfolio

OCTOBER 2, 2015

Many managers had developed lean budgets around negotiated rates. Conduct a procurement exercise at the same time of year, every year. Educate your company (especially salespeople) about how weather affects capacity to avoid service failures and unmet expectations. Communicate within your own organization.

Negotiating Skills 34

Negotiating Skills Agile and Lean Supply Chain Pricing Training Supply Chain Planning 34

Logistics Bureau

JANUARY 25, 2017

The variety of functions involved – product design, procurement, warehousing, production, transport, distribution, sales, for instance – encourages demand for new employees and multiplies possibilities for moving around inside too. Inventory (inventory specialist, vendor-managed inventory/replenishment specialist).

Negotiating Skills 40

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 40

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Logistics Bureau

NOVEMBER 6, 2023

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? Can we “Lean” Our Warehouse Processes?

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Lean Manufacturing is eliminating waste in every stage of supply chain. It is the best practice to be followed since it reduces inventory, saves space and energy. This contributes to lean manufacturing.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Design Software Material Savings Manufacturing Procurement 37

Freightos

AUGUST 26, 2015

Online marketing enthusiast and an inventory and supply chain optimization devotee, David covers both ends of the supply chain at his Supply Chain Inventory & Supply Chain Optimization blog. Educational research into cargo and freight. The Lean Thinker. milesahead. Online Marketing Manager, INFORM GmbH. Steve Keifer.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

Supply Chain Game Changer

FEBRUARY 15, 2022

This is very much the core of Supply Chain education and certification as well. It begins with Education and Certification. A well rounded education, or certification, increases the value and the perspective that anyone will bring to their job. Typically they would pick one area of Inventory Management to tackle first.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy. Connect Now!

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

SYSPRO Smarter ERP

AUGUST 22, 2022

Challenge: The supply of raw materials and achieving optimum inventory levels. Without the proper procurement, receipt and storage of the materials needed to carry out the business activity it is impossible for the metal fabricator to begin the manufacturing process or market its products.

Supply Chain Design Software 105

Supply Chain Design Software Demand Planning Software Manufacturing Procurement Optimization Software 105

Supply Chain Game Changer

AUGUST 26, 2021

Supplier Procurement of 800 unique parts from 50 other suppliers ——————————————————————? If lead times are compressed, inventory will rise and so will costs. PO Placement ?

Supply Chain Visibility 103

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 103

Logistics Bureau

OCTOBER 11, 2021

With training and education now joining most other industries in the occupation of digital-business realms, you should find it possible to raise the level of supply chain knowledge in your organisation without spending inordinate sums of money. Effective Demand, Supply, and Inventory Planning. Right-Sizing Safety Stock.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Material Savings Negotiating Skills Inventory Reduction 52

Supply Chain Game Changer

APRIL 5, 2020

Specifically the company was going to carry a dramatically different set of products which required a new set of capabilities in Strategic Planning, Merchandising, Marketing, Procurement, Inventory Management, Retail Operations and Logistics. . The company had no experience in Lean process improvement.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Optimal Sourcing Waste Reduction Vendor Strategies 52

ShipBob

JANUARY 8, 2021

Distributors procure goods from suppliers to sell to wholesalers and retailers, and they work closely with manufacturers. Another great way to help build trust with B2B customers is to create educational content. Automate inventory management. Losing track of inventory is a common problem that growing B2B businesses face.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

Supply Chain Game Changer

NOVEMBER 23, 2018

Specifically the company was going to carry a dramatically different set of products which required a new set of capabilities in Strategic Planning, Merchandising, Marketing, Procurement, Inventory Management, Retail Operations and Logistics. The company had no experience in Lean process improvement. All Rights Reserved.

Agile and Lean Supply Chain 44

Agile and Lean Supply Chain Lean Optimal Sourcing Waste Reduction 44

Unleashed

NOVEMBER 20, 2023

You’ve got to be really leaning into your customers and getting as much information from them as possible, but also trying to find as many similar products as possible to gain some kind of insight from them. So we implemented an inventory management system for them. So says Alex Townson, Head of Outsourced Supply Chain at YF. “A

Manufacturing Procurement 52

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

Supply Chain Game Changer

APRIL 16, 2019

But these customers would require huge upfront out of pocket capital, inventory and resource investments to enable this business. The operations had been run very lean, from a cost standpoint, but that meant that investments to improve efficiency (and lower cost even further) were ignored. The Immediate Action Plan.

Supply Chain Planning 51

Supply Chain Planning Agile and Lean Supply Chain Negotiating Skills Supply Chain Design 51

Supply Chain Game Changer

AUGUST 27, 2019

Unlike a lot of the old school Procurement managers who tried to rule with an iron fist Ron approached his job, and people, in a much different way. The other thing that attributed to my success was my liberal arts education. Tomorrow I will be with a client who is looking at an RFID solution to manage their inventory.

Continuous Improvement 8

Continuous Improvement Optimal Sourcing Manufacturing Procurement Waste Reduction 8

Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Supply Chain Game Changer

JULY 14, 2020

Whether it be logistics, planning, procurement, or distribution for instance it may be more robust for companies to outsource some or all of these functions to firms that are industry experts in these areas. More Strategic Inventory Planning. Online training, education and meetings will be prevalent unlike ever before.

Supply Chain Planning Software 93

Supply Chain Planning Software Inventory Reduction Waste Reduction Supply Chain Strategy 93

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. As we just mentioned, updating your inventory count in real time ensures that your customers can’t order products unless they’re in stock. .

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Game Changer

NOVEMBER 14, 2018

Supply Chain employees must have a working knowledge of any one or all of Planning, Procurement, Category/Commodity Management, Supplier Relationships, Logistics, Sourcing, Quality Management, Warehousing, Inventory Management or anything else Supply Chain related. These new and enhanced skills must be real in both content and depth.

Negotiating Skills 73

Negotiating Skills Purchasing Skills Supply Chain Skills Buyer Training 73

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Arena Solutions

MAY 5, 2022

Obviously, big companies have procurement leverage, right? And knowing where all your inventory is at all those points, it seems obvious, but things have stretched out so much in time and location that it’s to understand where your product is at any given time. I know PRG talks to many organizations of that size.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software How To 52