Logistics Viewpoints

MARCH 9, 2023

The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. Big data is used to understand a customer’s propensity to buy, the tendency to return, conversion of clicks to orders, demand sensing signals, individualized promotions, etc.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. It’s time for the Auctioneer to take the stage!

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Supply Chain Shaman

JANUARY 25, 2024

Electronic Data Interchange (EDI) does not meet this definition. Many of these outsourced products have demand latency of weeks and months (shelf purchase through the replenishment cycle for a manufacturer to receive an order). EDI is not bi-directional or across multiple tiers. I think of EDI like old-fashioned mail.

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

Enterra Insights

DECEMBER 4, 2019

Amazon’s Prime Day in July, for example, has led to more retailers like Target, Walmart and Kohl’s offering steep discounts on toys, apparel and electronics during the summer, in a bid to stay competitive. Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Supply Chain Shaman

MAY 26, 2023

Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Demand latency (the time from purchase by the customer to order visibility by the manufacturer) is weeks and months. Relational database structures are a barrier to modeling relationships and flow. The So What And Who Cares?

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Logility

SEPTEMBER 19, 2023

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Excel-based tools lack these capabilities.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The differentiator is whether Supply Chain Excellence is defined as a one-time project or as on ongoing process. Circuit City failed to adapt and is now history.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

BlueYonder

MARCH 30, 2023

Based on their findings, retailers in the leader’s category provided the most comprehensive omni-channel experiences across seven retail segments including: apparel, consumer electronics, department stores, general merchandise, grocery, health and beauty, and specialty. Why does this matter?

Real-time Visibility 85

Real-time Visibility Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 85

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. The registration systems are usually electronic or internet-based but can also be processed in the paper.

Negotiate Pricing 108

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 108

Supply Chain Shaman

DECEMBER 4, 2019

With the evolution of VANs, and trading exchanges at the turn of the decade, Electronic Data Interchange (EDI) became the workhorse of the industry to move data between companies. IBM purchased Sterling Commerce, Opentext purchased GXS (after the acquisition of Inovis), and True Commerce purchased Datalliance.

Supply Chain Network Software 197

Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 197

DELMIA Quintiq

SEPTEMBER 14, 2023

This includes managing Work in Process (WIP), raw materials, purchased parts from suppliers warehoused (whether on-site or off-site), and semi-finished inventory located at feeder production lines or work cells. Better traceability and quality assurance: Labels, electronic tags, and automatic tracking technologies (RFID, barcodes, etc.)

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

Logistics Viewpoints

JANUARY 30, 2023

These controls included a measure to cut China off from certain buying semiconductor chips made anywhere in the world with US tools. There were two excellent articles in the Financial Times (FT) on the Apple supply chain. In October of 2022, the Biden administration published a tough set of technology export controls.

China 244

China Supply Chain Design Software Supply Chain Software Predictive Analytics Software 244

Talking Logistics

OCTOBER 5, 2016

As McCarthy put it, after a customer buys a bed, it’s his responsibility “to make sure we deliver it to their home brilliantly.” During my trip to England earlier this year , I had the opportunity to explore those questions and more with Brian McCarthy, Logistics Director at Dreams , Britain’s leading bed retailer.

Eliminating Excel in Purchasing 0

Eliminating Excel in Purchasing Supply Chain Network Software Supply Chain Planning Software Optimization Software 0

Operations and Supply Chain Management

FEBRUARY 28, 2024

Swimsuits and dresses for weddings—you never buy just one,” says Joanie Demer, co-founder of Krazy Coupon Lady. People who buy portable generators during weather emergencies use them until the emergencies have ended, and then those go back too. Brick-and-mortar stores also allow shoppers to return unwanted purchases.

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

Supply Chain Game Changer

DECEMBER 1, 2022

This makes it an excellent payment option for gamers who handle microtransactions daily. Buy and Sell Bitcoin. Unfortunately, finding a place to buy digital coins is not always easy. Enter Cash App, the easiest way to buy and sell crypto. To buy crypto on Cash App, hit the ‘Investing’ tab. Buy Fractional Stocks.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Procurement Solutions Supply Chain Software Purchasing Skills 52

Talking Logistics

JANUARY 30, 2018

Let me tell you how international e-commerce is changing one buying pattern and why it will reshape global logistics operations and government import regulations. In this case, it was not in bulk but individual purchases. French customers were buying directly from Chinese merchants. At a low level, the answer is no one would.

Global 128

Global Sweden Eliminating Excel in Purchasing Logistics Network Optimization Software 128

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

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

Logistics Viewpoints

APRIL 24, 2023

The visibility to spend allows them to provide excellent benchmarking in several areas. Initially, this product will focus on the purchase order (PO) acceptance process. This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

Supply Chain Game Changer

OCTOBER 8, 2022

Outdated Electronics and Appliances. Outdated electronics and appliances can be a burden during a move. Most cities have facilities for recycling old electronics, and many thrift stores will accept small appliances in working condition. As a result, it often makes more sense to buy a new mattress when moving to a new home.

Material Savings 92

Material Savings Eliminating Excel in Purchasing Supply Chain Design Software Electronics 92

Supply Chain Game Changer

SEPTEMBER 22, 2022

A digital wallet is an electronic wallet that is used to keep the security of user investments, and it comes in many different types. It is the most excellent method to protect your asset, and one must always start trading after buying the digital wallet. Subscribe to Supply Chain Game Changer. What are Bitcoin Wallets?

Currency 101

Currency Eliminating Excel in Purchasing Security Just-in-Time 101

Supply Chain Insights

JANUARY 18, 2018

For the purposes of clarity, in this article, the term digital supply chain is the transformation of the atoms and electrons within the supply chain to unleash new levels of value. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. It feels a bit like tulip mania. Confluence of Technologies.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Talking Logistics

SEPTEMBER 13, 2016

Can negotiate better terms with (some) carriers because of electronic approval and payment – lowers disputes and decreases variability of their DSO. Reduces DSO. Proof of delivery (POD) is required before customer approves invoice. Authenticated POD reduces DSO. Increases DPO. Total savings per shipment is $265 – $325.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. An example could be a partnership between an electronics manufacturer that produces alarm tracking systems for motor vehicles and the car hire industry. Data can also enable cross-sector collaboration. Where to start.

Manufacturing Procurement 105

Manufacturing Procurement Analytics Software Manufacturing Predictive Analytics Software 105

Supply Chain Game Changer

SEPTEMBER 1, 2022

The drastic management of more retailers joining the club is excellent. Do not spend the currency on illegal purchases like drugs because the identity of a person with the documents is seized. If the individual finds that the electronic payment can help reduce the transaction amount by getting the cost efficiency in the transition.

Currency 96

Currency Eliminating Excel in Purchasing Expense Reduction Cost Reduction Strategies 96

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. The results for the high tech and electronics industry is shown in Figure 1.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. The reason? The problem?

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

Supply Chain Shaman

SEPTEMBER 23, 2016

Examples include control of maverick spend, qualified vendors, electronic bidding and price comparisons. This is not the case with the purchase of direct materials. Direct material purchases are still controlled by Material Requirements Planning (MRP) and traditional buying processes. Analysis of Factors that Drive Value.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

EC Sourcing Group

JULY 21, 2020

E-procurement is a shortened way to say electronic procurement. It is a way to perform all the functions of procurement and purchasing, but in a digital, electronic format, using software to automate and streamline the process. E-procurement also leads to standardized buying. .

Procurement Solutions 52

Procurement Solutions Procurement Analytics Modeling Software Supply Chain Software 52

Supply Chain Shaman

FEBRUARY 13, 2017

E2open was founded in 2000 as a consortia exchange by IBM, along with H itachi, Matsushita, LG Electronics, Nortel Networks, Seagate Technology, Solectron and Toshiba. The company was one of a handful of exchanges to survive the market hype of electronic exchanges in the 2000-2003 period. The focus was on automating procurement.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Supply Chain Software 0

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

Precoro

APRIL 6, 2022

Procurement software solutions such as Precoro help companies automate the purchasing process, get better insights, and focus on more critical tasks for their business. And here is how this process goes in cloud software: After initiating the purchase , the software compares the requests with the company's workflow rules.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. Subscribe Here! Email Address.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Operational excellence systems for the best use of the human resource. For how many hours has the motor been running?

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

Unleashed

FEBRUARY 9, 2023

Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52