American Global Logistics

MARCH 3, 2023

Supply chain disruptions were plentiful in 2022, and they’re projected to continue into 2023 and beyond. Disruptions forecasted to continue or increase include operational and technological risks, strategic risks, legal, regulatory, and compliance risks, and financial risks. Hence, we have the New Normal.

Supply Chain Disruption 52

Supply Chain Disruption 3PL Agile and Lean Supply Chain Supply Chain Planning Software 52

Procurement Academy

OCTOBER 19, 2023

Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence. Distributive negotiations come into play with price negotiations of a one-time purchase, such as a single shipment of goods.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

Supply Chain Opz

JULY 7, 2013

Supply Chain Disruptions: A Survival Guide. Do you feel supply chain risk management is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supply chain disruptions. Gather around! Literature Review.

Supply Chain Disruption 170

Supply Chain Disruption Supply Chain Strategy Manufacturing Procurement Supply Chain 170

Logility

MARCH 30, 2020

Looking back a few months, no one could have predicted the current state of the global supply chain. Although maybe we should have been better prepared, after-all this is not the first major supply chain disruption faced by most companies. Strategy One: Get a Better Handle on Supply Chain Data.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

Herlitz Inventory Management

MARCH 24, 2022

If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy. How Much Extra Inventory Should You Buy? How to Forward Buy when Vendors Can’t Keep Up. and 65.4%.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

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. But purchasing should now be considered part of your overall business strategy. Then the Supplier registration form comes in handy.

Negotiate Pricing 110

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 110

ToolsGroup

FEBRUARY 7, 2022

From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop. Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. We really needed to close the loop.”

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. Shahzaib also touched on Generative AI, which is used in Resilinc’s supply chain disruption alert system, EventWatch AI.

Predictive Analytics Software 90

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 90

DELMIA Quintiq

SEPTEMBER 14, 2023

Key challenges include balancing growth and market share over a five-year trajectory, coping with labor shortages, tackling ongoing supply chain disruptions, inefficient paper-based tracking, and struggling with poor inventory management and limited visibility.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

Resilinc

DECEMBER 5, 2023

Shahzaib Khan discusses Resilinc’s journey toward AI-driven supply chain excellence From its early inception in the 60s’ to its increasingly available public access, artificial intelligence (AI) has come a long way. Enter the future of AI in supply chain.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

The Logistics & Supply Chain Management Society

MAY 28, 2022

Supply chain disruptions that started during the Covid-pandemic, are continuing, now fuelled by the Ukraine war. Supply chain disruptions resulted in shortages of consumer products as well as long supply lead times for industrial products. 5 Megatrends Shaping Supply Chain Innovations.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Enterra Insights

FEBRUARY 7, 2024

Discussed below are some the most oft-mentioned risks facing supply chain operations in the months ahead. Supply Chain Risks Geopolitical Risks. Industry journalist Camille Rustici provides an excellent overview of many of those risks.[2] Geopolitical risks are near the top of everyone’s list.

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

ToolsGroup

SEPTEMBER 22, 2021

I’ve worked in enterprise supply chain technology for more than 20 years, and, especially in the earlier years, collaborated in teams where I was the only female in the room. The truth is women have long been underrepresented in supply chain leadership.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

ToolsGroup

NOVEMBER 4, 2022

Shipment Delays and Supply Chain Disruptions. From weather to war to congested ports , it’s no secret that ongoing supply chain disruptions cause delays, shortages, and extended lead times. Those supply shortages lead to stockouts. So how did it come to this? Inaccurate Demand Forecasting.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Supply Chain Shaman

JUNE 29, 2022

The impact varies by supply chain sector and value chain. Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

BlueYonder

JANUARY 12, 2023

With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. For many retailers, the first thought to reduce unsold items is to simply buy better. Forecasting ideal buy quantities is near-impossible.

Inventory Reduction 77

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 77

Silvon Software

APRIL 18, 2024

These tools enable organizations to quickly turn insights into actions with strong stakeholder buy-in while accelerating the execution of strategies across the business and the attainment of an organizations’ objectives. This helps in reducing costs while maximizing ROI. This ensures that operations are lean and responsive to market demands.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Logility

AUGUST 24, 2023

You can then create a supply plan that stipulates which materials you should be purchasing and how you should be moving them between facilities to keep your supply chain balanced. This is where production planning software excels over enterprise resource planning (ERP) systems. Explode bills of materials (BOM).

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Logistics Viewpoints

NOVEMBER 4, 2021

According to a new study from Oracle, 84% of people say delays would cause them to cancel their order and 80% say it would cause them to stop buying from a brand altogether. If companies don’t prioritize their supply chains and prepare for disruptions, they will risk losing valuable customers. Customer experience is key.

Warehousing 203

Warehousing Inventory Reduction Supply Chain Network Software Inventory Management Software 203

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The impact varies by supply chain sector and value chain. Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. My reasoning?

Supply Chain Design Software 130

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

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. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain.

Supply Chain Design Software 336

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 336

Logility

JANUARY 26, 2024

Even those in the early stages of adoption can leverage its strategic advantages, making 2024 a pivotal year for transforming supply chain execution. The same holds for the supply chain organization. Logility recognizes this opportunity and leverages the best of what AI offers in its DemandAI+ solution.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

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. With supply chain disruptions and physical store closures, many found themselves discounted from their main channels. Feeling that it was ‘too complex’ ‘too high-risk’ were some of the common sentiments.

Manufacturing Procurement 105

Manufacturing Procurement Analytics Software Manufacturing Predictive Analytics Software 105

Supply Chain Shaman

SEPTEMBER 13, 2021

If I do an excellent job at safety stock management, my company will have the right levels of inventory. We start in a room surrounded by whiteboards, and we begin mapping the supply chain disruptions month by month. The pending supply chain disruptions will not be that easy to fix. Conclusion.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

QAD

MARCH 30, 2023

Labor shortages, inflationary pressure, recessionary risk and supply chain disruption will all persist, at least to some degree, through 2023 and we all know there’s no sure way to safeguard your operations. This isn’t a task for an Excel spreadsheet. Be sure to do your research and assess the situation with ROI in mind.

Manufacturing Procurement 90

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

Logility

FEBRUARY 3, 2022

Ignoring corporate social responsibility (CSR) risks exposing your company to fines, supply chain disruptions, and brand-eroding public scorn. To be effective, sustainable business practices must originate at the top, and they must extend through all tiers of the supply chain.

Sustainability 130

Sustainability Vendor Strategies Expense Reduction Cost Reduction Strategies 130

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 78

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of they had to respond to supply?chain?disruptions, disruptions, plus the need to keep?employees?safe,?and also disrupted lead times.?These

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Shaman

JUNE 21, 2023

Since the company does not measure forecastability, the team continued to use traditional methods for forecasting, increasing the bullwhip effect and driving internal supply chain disruption. ” And, “Why are we only discussing supply risk versus analyzing demand and channel risks?

Gartner 391

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

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is the process of purchasing the goods, components, and raw materials needed to build and sell products. Inventory replenishment involves negotiating bulk-buying discounts and considering seasonal changes to cost. Bulk buying can also provide leverage for discounted delivery costs.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Supply chain disruption results in long lead times. Why is safety stock important?

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

SCMDOJO

JANUARY 17, 2024

Materials Manager Annual salary : $110,340 (median) Required degree : Bachelor’s Materials managers ensure that everyone across the supply chain has enough resources to work efficiently. They are in charge of purchasing, procurement, and sourcing.

Purchasing Skills 72

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 72