Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. It begins with Education and Certification. (Infographic). Stuck in the Mechanics.

Supply Chain Design Software 92

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

Enterra Insights

NOVEMBER 22, 2022

Reporter Erika Edwards ( @erikaedwardsnbc ), and her colleague Dr. Akshay Syal, observe, “Hospitals nationwide are preparing for another winter with Covid — the first one that’s also expected to include high levels of influenza and other respiratory illnesses that have simmered quietly in the background for the past two years.

Omnichannel 130

Omnichannel Purchasing Skills Agile and Lean Supply Chain Procurement Analytics 130

Supply Chain Game Changer

AUGUST 30, 2021

It is about a research study undertaken by MIT students over a period of five years on the concept of lean production in the automobile industry, using Toyota as an example. Students getting an education at college often have to write review papers. The Fear Index. Supply Chain Management for Dummies.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ModusLink Corporation

SEPTEMBER 20, 2010

Previous commentaries on Value Unchained noted a recent University of Tennessee research study, “Green, Lean and Global Supply Chain Strategies.” In the posting, Beyond the Research Part Three: Green and Lean Global Supply Chain Strategies , the researchers at the University of Tennessee made a rather important observation.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Lean Waste Reduction Vendor Strategies 119

Supply Chain Game Changer

MARCH 14, 2022

Supply Chain Education and Certification – What’s Missing? Supply chain management is a tough field to break into without formal education, but there are ways you can get started. Supply Planning & Sourcing Analytics. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Operations Management.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. In the realm of supply chain careers, there appear to be two distinct paths – those who stumble into it by luck and those who consciously choose to educate themselves, often through formal university programs.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

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

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

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QAD

JULY 28, 2022

By offering students a real-world educational opportunity in rotational programs with employers, Lori’s program introduces students to all facets of supply chain management, from purchasing to logistics to materials management to production planning. Her students tend to focus on purchasing, logistics and consulting.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 96

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

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. This is invariably down to not sufficiently involving and educating the right people.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

ShipBob

JANUARY 8, 2021

Today, the scenario is quite different as 73% of B2B buyers are millennials who prefer the convenience of purchasing bulk orders online. B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). B2B orders are often repeat purchases done in bulk and ordered less frequently.

Inventory Management Software 96

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

Supply Chain Game Changer

AUGUST 26, 2021

Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. The equation becomes even more disproportionate when we apply ABC classification to our material purchases and consider long-lead, high-dollar items. PO Placement ? Supplier Receipt and acknowledgement ?Supplier

Supply Chain Visibility 103

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

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

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

GlobalTranz

JULY 12, 2016

An effective measurement and reporting process can improve performance and provide warehouse cost savings. manufacturer adopted a work measurement program to gauge and report warehouse performance at the employee level. The facility increased productivity by 10 percent and reduced labor costs by 11.3

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

NC State SCRC

MAY 21, 2020

The committee noted in summary: 1) The SNS is well run and effective, but the mission has grown while supply chains have leaned out and budgets have not increased to support these challenges. These reports would also include direct outreach with essential employees and healthcare workers. Earlier today, U.S.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Agile and Lean Supply Chain Price Reduction 52

Requis

MAY 22, 2020

Rob Handfield has over 30 years of experience in supply chain as an educator, researcher, consultant, and author. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Meanwhile, salespeople for suppliers were trying to work around procurement. Analytics is key.

Data 52

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

Supply Chain Game Changer

NOVEMBER 14, 2018

Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future. There is no longer any need to send, change, and receive purchase orders on paper or by fax. All purchase order activity can be managed electronically.

Negotiating Skills 73

Negotiating Skills Purchasing Skills Supply Chain Skills Buyer Training 73

ThroughPut

MARCH 25, 2024

Demand forecasting is the process of predicting future customer demand for a product or service. 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. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Kinaxis

APRIL 10, 2019

I define ERP in supply chain management as a tightly integrated series of software modules that all integrate back to the financial side of the business, because every business out there, regardless of make — whether they’re for-profit, nonprofit, manufacturing, whatever — has to report their financials to their stakeholders.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Planning Forecasting Software Modeling Software 149

GlobalTranz

OCTOBER 27, 2015

Let's talk about the outputs, or desired metrics worth measuring, in each category of what a logistics company might provide. Implementing and sustaining LEAN initiatives : 5S, Kaizen, Kanban and LEAN Six Sigma to bring value to the customer and go beyond their expectations.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Unleashed

SEPTEMBER 4, 2022

It allows consumers to purchase via whichever channel works best for them. Because you’re marketing/selling across multiple platforms, it means your customers have the convenience of purchasing where they feel most comfortable. The path to purchase can be a messy one, with many decisions to make along the way.

Retail 96

Retail Supply Chain Planning Software Inventory Management Software Inventory Reduction 96

Unleashed

NOVEMBER 20, 2023

It’s a constant headache for our purchasing manager. 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. Consolidated purchasing can help bring costs down, he adds.

Manufacturing Procurement 52

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

6 River Systems

JULY 25, 2019

Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain. As if this wasn’t enough, transportation costs are rising and forcing companies to constantly adjust and optimize.

Supply Chain Planning Software 96

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

Talking Logistics

FEBRUARY 7, 2019

Much like the most successful business philosophies (lean, six sigma, Total Quality Management (TQM)) a handful of individuals acting alone won’t—and can’t—affect company-wide changes for the better—it takes an organizational shift. She chairs the IWLA Education Committee and serves on the Chattanooga Technology Council’s board.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 105

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. Finance needs education.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

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

Unleashed

FEBRUARY 22, 2023

But achieving positive cash flow requires good planning, careful spending, and educated prioritisation of business activities. In 2021, 23% of UK-based small businesses reported over six months of negative cash flow. Learn more: See how Unleashed software supports supplier management and streamlines purchasing.

Inventory Reduction 52

Inventory Reduction Expense Reduction Cost Reduction Strategies Price Reduction 52

Supply Chain Opz

OCTOBER 5, 2016

Track public policy development on Pew Research Center At Pew Research Center, you can browse the report related to public policy published since 1983. The report itself is so comprehensive and full of useful data and charts. Need more analytics power? Studying about lean manufacturing and can't find free VSM software?

Resource Reduction 124

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GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Unleashed

NOVEMBER 12, 2023

Price fluctuations from sales and discounting: Any business in a supply chain that offers discounts, deals, or bulk pricing can affect typical demand and induce customers to change buying patterns or purchase more than they need. JIT helps reduce inventory holding costs and to minimise the bullwhip effect.

Inventory Reduction 52

Inventory Reduction Material Savings Supply Chain Planning Software Price 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. Purchasing, Warehouse operations, Distribution Centres, and more are often perceived as cost centres and necessary evils.

Supply Chain Planning Software 93

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

Supply Chain Game Changer

NOVEMBER 22, 2018

But deliberately or not they had managed to create a game which was a great vehicle to educate and communicate the principles of managing a Supply Chain. You need to scan the list of items being sold and purchase based upon both your current needs and potential future needs. But as soon as they are sold they are no longer available.

Supply Chain Planning Software 46

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Optimization 46

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. One reason may be that they haven’t made the paradigm shift as to how to implement lean. These metrics should be reviewed frequently to ensure supply chain success.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120

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. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

NC State SCRC

FEBRUARY 25, 2021

In short, part of the supply manager’s motivation focused on a negotiated cost savings of 5 to 10 percent for logistics or purchase price, ignoring the possibility of shortages or disruptions from occurring. We have to think in terms of LEAN and adopt process automation (physical and transactional).

Supply Chain Design Software 45

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