Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Supply Chain Planners Analogous to Secretarial Pools? The plant was 24 acres under one roof.

Inventory Reduction 424

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 424

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. This is why I host training twice a year to challenge existing technology paradigms. Back to John.

Supply Chain Planning Software 370

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 370

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” To help, I will ask, “How do you define value? These gaps cannot be closed by a simple focus on S&OP or the implementation of a technology.

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

Logility

AUGUST 15, 2023

Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning Supply chain planning is like a grand mountaineering expedition. But instead of reaching just one peak, supply chain planners must climb four – service, inventory, cost, and sustainability. Take, for example, PVH.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making.

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

The Logistics & Supply Chain Management Society

MARCH 14, 2023

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

Optimal Sourcing 130

Optimal Sourcing Logistics Network Optimization Software Procurement Logistics 130

Precoro

MAY 22, 2023

In today’s fast-paced corporate world, it's difficult to overstate the significant role that technology plays in the success of many organizations. Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Shaman

SEPTEMBER 3, 2018

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supply chains possess three very different qualities. The gap was large.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 339

Logistics Viewpoints

DECEMBER 14, 2021

My dad is the VP of our household’s grocery supply chain. To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. Supply Chain Digitalization & Autonomous Planning.

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 195

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. Fortunately, there are numerous courses available to help you develop your expertise in supply chain management, regardless of your level of experience.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. You can refine as you go! Inventory Turns and Sales-to-Inventory Ratio.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

OptiProERP

APRIL 9, 2024

Sales representatives or an automated system generates quotes based on product specifications, pricing, and terms. Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Quote-to-Cash Steps 1.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Supply Chain Shaman

OCTOBER 13, 2022

I love the stories but question the fit of the metaphor(s) for a supply chain conference. In the world of supply chain management following 33 months of disruption, this is not the case. The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. The reason?

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

Supply Chain Shaman

JANUARY 31, 2022

With 65% of supply chain professionals members of the Millenials and Gen X generations, inflation is new. The members of the supply chain organization have never managed through a period of growth, inflation, and unprecedented supply variability. Current technologies and processes focus on volume trade-offs.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Proxima

AUGUST 9, 2023

Public Sector Procurement is complex and must look at aspects beyond price and quality when awarding contracts. Below we outline some of our key learnings and how we’ve seen social value being effectively embedded into public sector procurement processes.

Procurement 52

Procurement Resource Reduction Supply Chain Design Software How To 52

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. Everything is connected – what happens in one part of the supply chain can shake things up in logistics, and the other way around. What is Logistics Management Software And How Does It Work ?

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 21, 2017

Supply chain management technology has a fault line. The technology market for supply chain management is dramatically shifting. There are five fundamental shifts: Redefinition of Decision Support Software. This transfer of ownership reduced the effectiveness of procurement. Seismic shifts.

Supply Chain Planning Software 153

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 153

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.

Optimal Sourcing 247

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 247

Supply Chain Shaman

FEBRUARY 7, 2022

With 65% of supply chain professionals members of the Millenials and Gen X generations, inflation is new. The members of the supply chain organization have never managed through a period of growth, inflation, and unprecedented supply variability. Current technologies and processes focus on volume trade-offs.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

ThroughPut

SEPTEMBER 10, 2021

Digitization with AI technologies and software suites is optimizing supply chain operations across the world for coordinated efficiency and resilience. Supply chain material flow has become a global concern, unrestricted by limitations of geography. Regulate supply chain material flow.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

ShipBob

OCTOBER 1, 2021

Your website is live, your supply chain is up and running, and customers are receiving their orders — but if you’re looking to grow your ecommerce business, your work is not yet done. In order to scale your operations and achieve profitability, you will need to keep asking yourself one question: “How can I do more with less?”.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Shaman

DECEMBER 28, 2020

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

EC Sourcing Group

FEBRUARY 16, 2021

How to Streamline Contracts and Procurement (During the COVID-19 Pandemic). Streamlining contracts and procurement even before the COVID-19 pandemic may have been difficult. First and foremost, having the right procurement software solutions in play can always keep everyone on the same page in that respect.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies EC Sourcing 52

GlobalTranz

NOVEMBER 30, 2021

As market volatility continues to challenge supply chains, shippers are looking for solutions to help create consistency. Let’s take a closer look at how to turn these practices into action. Shippers that can centralize communications are better equipped to understand their needs and collaborate with supply chain partners.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

ShipBob

OCTOBER 4, 2023

However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. You’ll also learn some effective strategies on how to reduce inventory levels to save costs. This helps businesses to get more out of their procurement budget and increase their profits. Let’s get started.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

Logility

APRIL 29, 2021

True corporate responsibility involves more than just your products and internal operations; it’s incumbent upon you to ensure compliance across the supply chain. This means having a resilient supply chain strategy that includes visibility, transparency, clear communication, and collaboration. The Costs of Non-Compliance.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. In many cases, new companies start with simple sourcing to get the procurement process rolling.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SupplyPike

MAY 14, 2020

The importance of supply chain management What to watch while consumers are panic buying How to implement supply chain management Supply chain management and Walmart. Supply Chain Management (SCM) is a systematic and controlled procurement operation. Learn about.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? How do we get buy-in around the organization? Each requires its own portfolio of metrics.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. It is a key part of your company’s supply chain. Strategically approaching the procure to pay process can see your company reap the rewards. Measuring and reporting.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52