NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity. Go to the source. I don’t know.

Supply and Demand 412

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 412

ThroughPut

MARCH 28, 2024

As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. That’s definitely good news. All for the good. Let’s find out more about this in this article.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In the same ecommerce study, over 72% of consumers experienced a delivery failure over a three-month period. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Predictive Analytics Software 201

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 201

Supply Chain Shaman

JUNE 14, 2018

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital.

Optimal Sourcing 174

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 174

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 92

Supply Chain Shaman

JULY 25, 2021

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? How could the industry spend 1.7%

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Jaggaer

OCTOBER 22, 2020

He was joined by Youness Taghrichte, Head of Procurement at Attijariwafa Bank, together with Richard Hogg, VP Northern Europe, JAGGAER, and Javier Lopez, Senior Value Engineer, JAGGAER. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Unleashed

MAY 15, 2023

Looking for a complete CRM + inventory management solution? A B2B CRM (business-to-business customer relationship management) system is software that helps businesses manage all their B2B sales and customer data in one centralised location. B2B CRM software acts like a virtual stockroom for business data. What is a B2B CRM?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Logistics Viewpoints

MARCH 1, 2021

The FDA issued an exposure modification order that allows the claim to be made that “scientific studies show that switching completely from conventional cigarettes to IQOS significantly reduces your body’s exposure to harmful or potentially harmful chemicals.”. The solution considers projected demand and service level goals.

Modeling 180

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 180

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Adopting route planning solutions is one of the quickest and most practical ways to operate more sustainably.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Supply Chain Movement

APRIL 23, 2015

The Procurement Summit. The Procurement Summit provides senior purchasing, sourcing and supply chain executives across the North of England with an unmissable opportunity to keep up-to-date with the latest industry innovations, best practice and new technology solutions. Date: 17 November 2015.

Procurement Solutions 60

Procurement Solutions Procurement Case Study Eliminating Excel in Purchasing 60

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Shaman

JUNE 21, 2023

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. As a result, the lessons given in case studies and at industry forums do not help the industry progress. Today’s risk management solutions focus largely on supply sensing and early alerting.

Gartner 391

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 391

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Shaman

FEBRUARY 27, 2020

In Figure 1, I show results from a recent S&OP study. Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. We established e-commerce tests, studied basket behavior and took the lessons learned to the bricks and mortar displays.

Analytics Software 248

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 248

Locus

AUGUST 2, 2022

We are excited to announce that Locus has been listed as a Sample Vendor for last-mile delivery solutions in the Gartner® Hype Cycle for Supply Chain Execution Technologies, 2022. The report listed last-mile delivery solutions under the Slope of Enlightenment curve. ” How last-mile technologies are making a difference.

Gartner 52

Gartner Network Design Software Supply Chain Design Software Logistics Network Optimization Software 52

Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

Logility

MAY 25, 2023

A recent study revealed that overstocks cost retailers a staggering global loss of $362.1 Defining Inventory Control Inventory control, often interchangeably used with inventory management, is a systematic approach to sourcing, storing, and selling inventory—both raw materials and finished goods. billion each year.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. In a manufacturing setting, this step involves the purchasing of raw materials and production equipment.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. Consumers helped push the added sugar label creation several years ago as well as the push for the QR and barcodes that can instantly give a consumer information about the products they buy.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A retail experience refers to how customers interact with your brand and how it makes them feel, which influences their decision to buy or not to buy. So, how exactly do you create an exceptional retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Supply Chain Shaman

DECEMBER 4, 2018

In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. The company also offers engineered-to-order solutions, such as control centers and medium-voltage drives. Ernest Nicolas joined Rockwell Automation in 2006.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Enterra Insights

SEPTEMBER 29, 2021

… Consumer purchases and decisions will increasingly be voice-driven and machine-augmented, with companies’ relationship with customers machine-to-machine, values-based and digital-first.” One peer-reviewed scientific study estimated the frequency of intense floods and storms could double within 13 years.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 130

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Source: Forbes: What Is The Kraljic Matrix?

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Unleashed

MAY 19, 2020

Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Brewery software: Enterprise Resource Planning for brewers. Brewery software features to look for. Auditing your business.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. ” • Identify and eliminate sources of brand confusion. Williamson suggests, “As you study the various product lines in your organization’s portfolio, you might discover some overlap.

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

QAD

MARCH 30, 2023

They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan. The internal power sources in these tags sacrifice cost efficiency and lifespan to gain range, data storage and self-initiated broadcasting. This isn’t a task for an Excel spreadsheet.

Manufacturing Procurement 90

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 90

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Historically, demand forecasting relied on simple tools and intuition, but as supply chains have become more complex and globalized, the need for sophisticated forecasting methods has grown.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Vanguard Software

MAY 4, 2021

Breaking up with Excel: Digital Sales Planning Success with Concord Foods. A granular model can inform: When customers will make a purchase The different purchasing behaviors exhibited by markets in different locations The optimal price point to help maximize revenue. Webinar: Register Now. Question and Communicate Assumptions.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Variability of hardware and component sourcing affected production efficiency, causing fulfillment delays and lower customer satisfaction. The Solution. Utilized advanced sourcing and materials planning to speed fulfillment cycles and improve service levels for increased customer satisfaction. million in just the first year.

Optimal Sourcing 43

Optimal Sourcing Reverse Logistics Case Study Modeling 43

Supply Chain Shaman

MAY 21, 2024

In 2016, we finished a study on continuous improvement. In the study, when we asked for the top elements of business pain to drive continuous improvement for companies greater than 5B$ in annual revenue, as shown in Figure 1, we found the largest issues with cross-functional alignment and availability of talent. What Drives Value?

Procurement Analytics 356

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 356

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. How do they buy from you? How do they buy from you?” I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

o9 Solutions

MAY 26, 2021

By Vikram Murthi and Dr. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52