The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains. The trade war is now part of the “new normal,” and this has created a global ripple effect. Many companies buy forward inventory ahead of tariffs being implemented. Operational strategies. Buying forward.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 99

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 99

ModusLink Corporation

APRIL 22, 2024

By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes. Global Reach, Local Expertise: Understanding the global footprint of 3PL providers and their local presence.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Logistics and inventory management rounds out the top four focus areas at 82 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM).

Supply Chain Planning Software 247

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 247

DELMIA Quintiq

NOVEMBER 17, 2020

The establishment of efficient global supply chains has become critical to competitiveness. From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

BR Williams Supply Chain Management

SEPTEMBER 25, 2023

BR Williams has been an ISO 9001 Quality Management-certified company since 2002. This prestigious certification attests to our commitment to providing the highest quality products and services at all times. This certification emphasizes a process-based approach to quality management and aims to enhance customer satisfaction.

Quality 52

Quality Optimal Sourcing Cost Reduction Strategies Logistics Network Optimization Software 52

SCMDOJO

APRIL 29, 2024

Whether you’re a business owner, manager, or simply curious about the inner workings of the global economy, this article will provide you with a solid foundation. Effective supply chain management is crucial for businesses to gain a competitive edge in today’s global marketplace.

Supply Chain Planning Software 84

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 84

The Logistics of Logistics

MAY 26, 2023

Hannah is Founder and CEO of ALOM, a leading global supply chain management services and solutions provider, offering comprehensive services to Fortune 500 clients in various industries. ALOM operates out of 19 global locations to support its Fortune 500 customers in the technology, automotive, life sciences, and regulated industry sectors.

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 206

Supply Chain Shaman

AUGUST 18, 2022

Through a series of meetings to drive consensus, the team degraded the quality of the demand plan by 27%. (In They had never been in the same room to discuss demand holistically from sales teams to procurement. The strategy day owner was a global process center of excellence leader. The large food company operated regionally.

Supply and Demand 259

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 259

Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Expected 2023 global economic growth in a range from 2 percent to 2.7

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. World economic growth was forecasted to slow from 3.5

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Precoro

JULY 16, 2023

In other words, the purchasing manager is responsible for securing inventory requirements within the company’s budget and overall efficiency of the company’s purchases. Inventory Management Efficiency This is an evaluation of how efficiently the purchasing team maintains the right level of inventory.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Intelligent Audit

JULY 5, 2022

While focusing on revenue quality and minimizing operational costs, an article by Supply Chain Dive noted that the parcel giant may even allow further collaboration between FedEx Express and FedEx Ground which have been historically separate until 2020. Massive Inventory Levels Are Crashing Against Signs of an Economic Recession.

Quality 52

Quality Supply Chain Planning Software Procurement Solutions Procurement Analytics 52

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. However, you may wonder what kind of practices really work.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

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

Logility

JULY 14, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, has been honored by Supply & Demand Chain Executive , the only publication covering the entire global supply chain, as a recipient of the Top Supply Chain Projects Award for 2022. ATLANTA, GA (July 14, 2022) – Logility, Inc., supply chains.”

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Data Quality and Quantity: To create effective generative AI, high-quality training data is necessary.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

HICX Solutions

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. This has been acutely highlighted since the turn of the decade due to global events. The Global Supply Chain Landscape: What is the current situation?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The Molex global supply chain is complex. That increases the value of the analytics used by the procurement team.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 197

Synovos

NOVEMBER 10, 2023

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships.

Optimal Sourcing 229

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 229

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

ToolsGroup

SEPTEMBER 20, 2022

That way, companies achieve maximized equipment availability and deliver high-quality products. How can the modern manufacturing company leverage an AI application to remain competitive despite increasing globalization, geopolitical disruptions, recurring supply chain interruptions , and pandemics? Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

SCMDOJO

JUNE 21, 2023

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 92

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

Supply Chain Shaman

JANUARY 31, 2022

My observation is that over the last two decades and the myriad of mergers and acquisitions and the building of global supply chains, five things happened which makes it harder for organizations to make good decisions at the pace of business: Alignment. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Logility

AUGUST 15, 2023

But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Coordinate every step with insight and action Companies using a platform that synergizes service, inventory, cost, and sustainability stand at the precipice of a highly progressive approach to supply chain planning.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

NC State SCRC

NOVEMBER 29, 2023

Driving Transformation in a Global Organization Pam Heminger knows a thing or two about transformation. During that time, she worked in a number of different areas including direct procurement, indirect procurement, operations, supply chain, packaging, and operations support including: HR, finance, IT and facilities management.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

What is Inventory Optimization? Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. Inventory strategy.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

FEBRUARY 7, 2022

My observation is that over the last two decades and the myriad of mergers and acquisitions and the building of global supply chains, five things happened which makes it harder for organizations to make good decisions at the pace of business: Alignment. In addition, Lucas used inventory as a slush fund to make quarterly earnings.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. These qualities enable organizations to respond quickly to disruptions, optimize operations, and improve overall supply chain efficiency.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 72

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Function: operation management, logistics and inventory. Let’s dive in. What is a Supply Chain?

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93