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 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Logistics Viewpoints

SEPTEMBER 19, 2022

Supply chain management is hot. Investment is flowing into supply chain companies. In 2021, more than $25 billion was invested in supply chain companies in just the first three quarters of the year. Mr. Welty understands both private equity and supply chain management. Fail Until You Win.

Modeling Software 203

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 203

Logility

DECEMBER 29, 2020

Most manufacturers have already made the easiest and most obvious changes to improve their operations, leveraging traditional methods to boost their own productivity and simultaneously create a more dependable supply chain. Supply Chain Optimization. We’ve saved supply chain optimization for last.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

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. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

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

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Here are ten things to keep in mind in terms of the role that forecasting can have on supply chains: While not a cure all, forecasting does matter.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Logistics Viewpoints

DECEMBER 14, 2021

My dad is the VP of our household’s grocery supply chain. Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

6 River Systems

AUGUST 19, 2020

Whether you are new in the retail space or an established player, what you cannot build with a click of a button is a strong brand or an efficient supply chain. A white paper published by DHL found that inefficient handling of supply chains causes high costs, wasted resources, and reduced agility.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Supply Chain Planning Software 96

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Supported by partners Heriot-Watt University, Pedersen & Partners and RV Consultancy, the full-day agenda featured a stellar line-up of speakers presenting and discussing key issues facing logistics and supply chain management practitioners. Global Assets in a Constantly Shifting Supply Chain. &

Supply Chain Software 231

Supply Chain Software Logistics Network Optimization Software Supply Chain Network Software Demand Planning Software 231

BlueYonder

JANUARY 31, 2023

In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions. Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Supply Chain Shaman

OCTOBER 29, 2020

If the word collaboration was listed on a card as a drinking game at supply chain conferences, we would be drunk at many. While we speak of collaboration, the focus is on driving enterprise results not value in value chains. Cash-to-Cash Metrics. Here I share perspective on cash-to-cash abuse. I am troubled. My takeaway?

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. The 84.51° helps brands better understand their customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

ShipBob

MAY 7, 2021

Signing a lease for your first warehouse provides an opportunity to build your retail fulfillment engine from scratch. Just like furnishing a new home, renting a warehouse takes time and planning to make the most of the space to meet your logistics operations needs. Warehouse processes to keep in mind during the design process .

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Inventory Reduction 52

Unleashed

OCTOBER 6, 2021

To achieve this the customer shares information on sales and product needs with the supplier, who is then able to ensure the correct amount of inventory is supplied. VMI creates efficiencies in the supply chain as it ensures data from sales is a key part of the inventory management system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7. It goes beyond the concepts found in textbooks by providing real-world examples and useful advice.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

Logistics Viewpoints

NOVEMBER 30, 2020

Finally, inventory accuracy can never be as high in a store as in a warehouse. That margin improvement is “partially offset by the impact of higher digital fulfillment and supply chain costs.”. The anchor and catalyst for our transformation” was moving to using one pool of inventory to fulfill all digital and in-store purchases.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Inventory planning Planning inventory is a common challenge for manufacturers due to factors such as demand variability, product lead times, and supply chain disruptions.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logistics Bureau

OCTOBER 19, 2020

When we compare different levels of sophistication and performance in supply chains, we can identify particular levels that we think are important to achieve, or that represent typical performance levels for supply chains as a whole. You can also benchmark supply chains. Those levels are “benchmarks”.

Benchmarking 52

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

Supply Chain Shaman

DECEMBER 23, 2014

At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Make test and learn an active part of your supply chain strategy.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

Supply Chain Shaman

AUGUST 11, 2016

(Included in this post is Cummins’ digital award for the 2016 Supply Chains to Admire. I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. The Customer-Centric Supply Chain Strategy needs both.). I am on a mission.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

NC State SCRC

JULY 23, 2017

The supply chain function impacts a company’s financial performance through improved operations in several areas of the business. Yet the purchasing company continues to pay the bill for these non-productive hours. Supply chain management has a significant impact on the Cost of Goods Sold spend.

Expense Reduction 66

Expense Reduction Inventory Reduction Resource Reduction Price Reduction 66

Precoro

JUNE 6, 2022

In 2020, the global Supply Chain Management market was valued at $15.85 Suppliers are placed at the supply chain's beginning and provide goods or services to the companies for further processing. The vendor, however, is at the other end of the supply chain. And is expected to double by 2026. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Supply Chain Shaman

NOVEMBER 9, 2014

I am a supply chain gal. I work with many organizations on their supply chain strategies. Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. This team is not buying the message. “I study supply chains.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Supply Chain Shaman

MAY 1, 2014

This was WBR’s first event in the United States targeted for the Medical Device Supply Chain Leader. Today, managing a medical device supply chain is tougher. This is why I think that the industry needs to get serious about supply chain management. This value chain needs a supply chain leader.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. A Closer Look at Consumer Value Chains and the Value of the EACH.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Veridian Solutions

JANUARY 23, 2019

It refers to the ability to buy online and pick up in store. Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. Implementing click and collect capabilities sounds excellent, but it is much more complicated than meets the eye.

Retail 49

Retail Eliminating Excel in Purchasing Omnichannel Procurement Analytics 49

Veridian Solutions

JANUARY 14, 2019

It refers to the ability to buy online and pick up in store. Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper.

Retail 40

Retail Eliminating Excel in Purchasing Procurement Analytics Omnichannel 40

Kinaxis

MAY 18, 2016

by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. Today, we’re bringing your our follow-up to our interview with Supply Chain guru and advisor to Chief Supply Chain Officers Michael Massetti.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

Enterra Insights

JUNE 24, 2022

Whether in a retail store or a warehouse, associates simply swipe the barcode across the scanner. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.” ” Concluding Thoughts.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

Elementum

FEBRUARY 7, 2024

These tasks range from simple data entry activities to more intricate operations like managing the supply chain. Especially transformative in manufacturing for predictive maintenance and in supply chain for efficiency, IoT’s real-time data feed enables proactive operational adjustments.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

APRIL 7, 2016

I believe that supply chains build economies and save the world. I also believe that supply chains need a revolution. Supply chains respond, but they do not sense. I strongly believe that leaders must build their supply chains with new building blocks. This work is important to me.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

ShipBob

DECEMBER 13, 2023

Optimized storage space: Prevents overstocking, maximizing warehouse utilization. Balanced supply and demand: Ensures stock levels meet customer demand without surplus. These metrics provide valuable insights into how well your inventory is managed. Shorter lead times can enhance inventory agility.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52