NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Logistics Bureau

DECEMBER 18, 2017

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Reduction Inventory Management Software Supply Chain Planning 40

Talking Logistics

MARCH 17, 2016

I purchased my first fitness tracker, set my goals, and the competition began. We exercised, we had fun, we supported each other. In supply chain planning, we are driven by metrics. And thus, Friends with Fitbits was born. We took the stairs instead of the elevator. We tracked our distance and talked about it on a daily basis.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Prescriptive Analytics Software 100

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 Game Changer

MAY 5, 2020

Within each of these two flows there should be a small number of high impact business processes or metrics that you need to address, holistically, in order to make meaningful and significant improvements in your cash position. If you are looking to improve dozens of processes and metrics you will get stuck in the weeds.

Expense Reduction 85

Expense Reduction Material Savings Inventory Reduction Price Reduction 85

DiManEx

JUNE 5, 2019

OEMs, for example, are typically required to keep spare and repair parts in their inventory, but having excess stock results in unnecessary costs. Other organizations are struggling to secure repair parts for assets with high lifecycle costs. Not to mention the environmental toll of scrapping.

Pricing Training 70

Pricing Training Vendor Strategies Material Savings Resource Reduction 70

Logistics Bureau

SEPTEMBER 4, 2023

When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. 3) Supplier performance evaluation enables waste and cost drivers to be identified and addressed. Perhaps it may seem obvious that supplier performance evaluation is an ongoing process.

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

6 River Systems

OCTOBER 19, 2020

With more consumers turning to e-commerce, it’s important for businesses of all sizes to bolster the supply chain to handle the e-commerce business model. According to research conducted by BigCommerce , the top three factors that influence consumers’ online purchasing decisions are convenience, cost and free shipping.

Warehousing 98

Warehousing Logistics Network Optimization Software Inventory Reduction Supply Chain Planning Software 98

Unleashed

FEBRUARY 28, 2021

Users can choose a fixed implementation plan or a more consultative approach, and scale up as needed with everything from reporting and analytics, shop floor data capture, HR, payroll and hosting available. Cloud-based systems offer a cost-effective way to manage and monitor suppliers, inventory and more. Orchestrate.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Logistics Bureau

SEPTEMBER 3, 2017

For instance, two manufacturers pool their purchasing to buy more services more cost-efficiently from the same logistics provider. In the manufacturer-distribution-retail chain, for instance, manufacturers should consider how inventory might be collocated with other companies shipping to the same retailers.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Logistics Bureau

SEPTEMBER 3, 2017

For instance, two manufacturers pool their purchasing to buy more services more cost-efficiently from the same logistics provider. In the manufacturer-distribution-retail chain, for instance, manufacturers should consider how inventory might be collocated with other companies shipping to the same retailers.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Logistics Manufacturing Procurement 3PL 40

Supply Chain Game Changer

OCTOBER 11, 2022

For instance, the quality of inventory storage and manufacturing efficiency impact delivery lead times. More importantly, are you measuring the right metrics? Measuring wrong metrics might paint a great process in a bad light, leading to wrong conclusions. Communication of this kind will prevent any procurement delays.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

BlueYonder

OCTOBER 13, 2022

It’s also hardly a revelation that retailers have responded by rethinking their strategies around inventory management and fulfillment options. CPG brands are well known for their ability to gather insight around these kinds of metrics, as well as information pertaining to competitors jockeying for the same wallet share.

Sourcing Strategies 77

Sourcing Strategies Modeling Software Supply Chain Planning Software Supply Chain Design Software 77

Unleashed

NOVEMBER 20, 2023

It’s a constant headache for our purchasing manager. Accurate data is essential for making the right decisions around purchasing and resource planning. So we implemented an inventory management system for them. Consolidated purchasing can help bring costs down, he adds. The solution is hiding in the data.

Manufacturing Procurement 52

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

6 River Systems

JUNE 29, 2020

“Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. All stakeholders who interact with the supply chain should be aware of hotlines and other reporting mechanisms, which should establish a clear path and adequate protections for whistleblowers.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

OCTOBER 31, 2016

It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order. All inbound shipments should be checked against delivery documentation and purchase orders. Inventory Management in the Warehouse.

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

Supply Chain Trend

NOVEMBER 27, 2016

Most large company cultures and resources are dominated by accountants with increasingly onerous requirements for reporting of rearward looking GAAP accounting measurements. Jon: S&OP efforts stall, fails or never begin simply because it is in most companies an S&OP effort is akin to a Salmon swimming upstream.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

BlueYonder

MARCH 22, 2017

Retailers need to ensure that a customer’s purchase journey is completely understood and tracked. The buying process of each category will have varying aspects of product research and social influence; the marketing communication should be calibrated in sync with analysis of the customer purchase path. Start with the customer.

Supply Chain Planning Software 49

Supply Chain Planning Software Modeling Supply Chain Design Software Procurement Analytics 49

BlueYonder

MARCH 22, 2017

Retailers need to ensure that a customer’s purchase journey is completely understood and tracked. The buying process of each category will have varying aspects of product research and social influence; the marketing communication should be calibrated in sync with analysis of the customer purchase path. Start with the customer.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Modeling Procurement Analytics 40

EMERGE App

MAY 20, 2023

Who is most likely to purchase your product immediately? Focus on innovation and produce unique products How do customers feel after purchasing your product or receiving your services? With such a personal touch, the customers will find it easier for another and another purchase. How much do they earn?

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Negotiating Skills 52

ShipBob

MAY 1, 2020

Unless your ecommerce business is within a small niche that can’t be matched, you need to differentiate your product and brand so customers are more likely to find your product and make a purchase. Limit inventory and storage costs. Finding storage space to accommodate new ecommerce inventory takes time and money.

Inventory Reduction 59

Inventory Reduction Price Reduction Expense Reduction Cost Reduction Strategies 59

RFgen

JANUARY 18, 2024

As much as 70% of enterprise companies are migrating to an ERP system in the cloud , according to a report by Cloud Security Alliance. Real-time insights and analytics enable faster and better-informed decision-making. All processes are standardized and streamlined to deliver maximum efficiency. These will vary depending on your needs.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72