GlobalTranz

JULY 30, 2018

The Applications of Blockchain Are Growing, And Supply Chain Execs Need to Know Where to Look The applications of the use of blockchain in supply chain and logistics platforms are under development, but 2018 is expected to be the year when such technologies reach the masses.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Unleashed

AUGUST 20, 2023

It includes everything from the procurement of raw materials to production, inventory management, and shipping. Managing and optimising production lead time involves balancing factors like production capacity, inventory levels, and operational efficiency to achieve the desired lead time while delivering items of high quality.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? The top 5 technical skills were, in order: Inventory Management, Project Management, Best Practice Knowledge, Computer Skills, and Risk Management. Top Skills: Technical skills are as crucial as ever.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

Supply Chain Game Changer

MARCH 9, 2021

That is the purview of Procurement. Cash is king and cash flow management is the source of life, or the cause of death, of any company. Supply Chain oversees Inventory levels and Inventory turnover, Accounts Payable terms, the cost of goods and services, timing of cash inflows and outlays and which define cash flow.

Supply Chain Planning Software 90

Supply Chain Planning Software Negotiating Skills Supply Chain Design Software Purchasing Skills 90

Supply Chain Game Changer

JUNE 11, 2019

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

Supply Chain Game Changer

AUGUST 3, 2021

procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company. Supply Chain is a massive source of competitive advantage and differentiation. Cash is king in any company.

Supply Chain Strategy 119

Supply Chain Strategy Supply Chain Design Software Sourcing Strategies Supply Chain Design 119

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

GlobalTranz

JULY 7, 2015

This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. However, technology can be used to turn what seemed as losses into standby sources of revenue. Identify waste streams and inefficiencies.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120

BlueYonder

DECEMBER 14, 2023

Micron has transformed its processes and relationships with customers and suppliers and used Blue Yonder’s Supply Planning and Inventory Optimization solutions to make its supply chain a competitive advantage. In this model, sustainability must be a key consideration along the entire process from design and source to make and deliver.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 72

Enterra Insights

JULY 27, 2021

Businesses need to: Drive planning processes that strive to reduce emissions and satisfy demand with sustainable, ethically-sourced supply. Increase forecasting accuracy to reduce obsolete inventory. Simulate the CO 2 footprint of the plan through procurement, production, and transport. ocean plastics, product takebacks).”

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. End-to-end (E2E) supply chain refers to all supply chain processes, from logistics procurement to the post-sale customer experience. . Procurement & manufacturing.

Optimal Sourcing 52

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

GlobalTranz

FEBRUARY 16, 2016

Anything that reduces returns, Return Merchandise Authorizations (RMAs), Return to Vendor (RTV) or Reverse Logistics systems can aid in logistics cost reduction. Encourages organized operations, which is directly linked to labor, efficiency, asset utilization, and inventory accuracy. Let us know in the comments below.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Logility

SEPTEMBER 17, 2021

Through the intelligent use of technology, organizations can meet these goals and reduce the environmental impact of their supply chains to improve environmental stewardship, reduce damage to the planet, and ensure that sourcing is done sustainably. GSCM can best be accomplished through the use of technology.

Waste Reduction 130

Waste Reduction Supply and Demand Material Savings Supply Chain Planning Software 130

Logistics Viewpoints

JANUARY 23, 2024

The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers. Blue Yonder also acquired Doddle to close the loop on reverse logistics. Infor is able to use its visibility application to dynamically update ETAs and look at the impact on inventory.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is the best practice to be followed since it reduces inventory, saves space and energy. Reducing pollution during transportation are important activities of reverse logistics.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Design Software Material Savings Manufacturing Procurement 37

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. Logistics Manager Annual salary : $100,000 (median) Required degree : Bachelor’s Logistics specialists are in charge of transporting and distributing the organization’s inventory. raw materials) between its sites.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Supply Chain Network

SEPTEMBER 20, 2012

The most interesting thing is real near term adjustments to inventory. Depending on your firm, some of these functions may be segregated under a Chief Procurement Officer or CPO, but my point of view is procurement for products is a key role within the supply chain function. Where should a product be positioned?

Supply Chain Software 122

Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Strategy 122

Supply Chain Game Changer

APRIL 27, 2021

Featuring Our 10 Best Inventory Management Articles! Inventory makes the world go round. Trillions and trillions of dollars of inventories exist all over the world in every conceivable form and in every conceivable channel. Inventory levels will determine whether any company will survive or die. Subscribe Here!

Inventory Reduction 86

Inventory Reduction Inventory Management Software Inventory Management Material Savings 86

GlobalTranz

DECEMBER 7, 2015

Instead of setting up brick-and-mortar stores, or keeping inventory on hand, you can start offering this new product on your new store. Manufacturers will be able to improve their inventory due to the information presented by both supply chain and operations data.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Unleashed

JANUARY 16, 2023

Benefits of 3PL fulfilment Third-party logistics companies are a great way to fast-track your progress. Business growth is often stunted by tedious mundane tasks like hiring and training staff, sourcing vendors and carriers, and dealing with customer returns. 3PL providers are experts when it comes to shipping and logistics.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Logistics Bureau

NOVEMBER 18, 2020

Because there is such a wide spectrum of logistics and supply chain jobs available, it is best to categorise them in the following way: planning, manufacture, sourcing, and delivery. Strategic Sourcing Manager. Procurement Specialist/Manager. Purchasing & Inventory Clerk. Logistics Manager.

Manufacturing Procurement 94

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Supply Chain Optimization 94

Logistics Bureau

OCTOBER 11, 2021

That benefit could allow you to carry some extra inventory without risking heavy losses through obsolescence. For example, you might: Diversify your supply base , so you’re not too reliant on a single source. Optimise supply routes , logistics partnerships, and transportation modes to speed up supply. Right-Sizing Safety Stock.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Material Savings Negotiating Skills Inventory Reduction 52

Unleashed

APRIL 12, 2023

B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. B2B procurement contracts can last for prolonged periods and be worth millions of dollars. What is B2B fulfillment?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Supply Chain Game Changer

JUNE 16, 2020

A predominant issue is having single, or sole, sourced parts. If the supplier provides materials that can be sourced elsewhere then you have a path to developing a contingency plan. As a combination of Accounts Receivable, Expenditures, Accounts Payable and Inventory you can see Supply Chain’s impact.

Supply Chain Risk Management 57

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 57

SCMDOJO

APRIL 22, 2022

Outsourcing takes place in every service, so much so that the retailers or businesses are not aware from whom a specific part of the product is procured. The tokenization system will also improvise how inventories are managed in the supply chain. NFTs supply a sole source of truth. Streamlining Procurement Operations.

Supply Chain Planning Software 137

Supply Chain Planning Software Pharmaceutical Supply Chain Software Supply Chain Planning 137

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. There are many job types in supply chain and logistics, so to simplify things, it’s best to categorize them in some way. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. Sourcing and Purchasing. “I

Manufacturing Procurement 80

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 80

Unleashed

APRIL 27, 2022

Also known as supply chain stewardship, the circular supply chain puts the onus back on those who manage supply chains to make procurement and manufacturing decisions that positively influence sustainable outcomes. Here we take a look at techniques to manage and encourage reverse logistics, along with other ways to achieve a circular supply.

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

Supply Chain Game Changer

MARCH 24, 2020

A natural starting point is the level of single, or sole sourcing, that is put in place. A sole source is a supplier selected because they are uniquely able to provide the materials or components, whether by virtue of intellectual property or other means of going to market with exclusivity. Taking Total Cost of Ownership Seriously.

Supply Chain Design Software 82

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 82

MIT Supply Chain

JANUARY 11, 2021

Chris Caplice, Executive Director, MIT CTL, Founder & Co-Director, MIT FreightLab Develop and pilot a more dynamic truckload transportation procurement and management process. Develop omnichannel reverse logistics and takeback models to enhance circular supply chains.

Supply Chain Design Software 52

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

Supply Chain Game Changer

FEBRUARY 4, 2020

But is just taking courses in basic topics like Procurement, Negotiation, Statistics, Operational Research or Planning sufficient? A course in Procurement, a course on Inventory management, a course in negotiation, and so on. He proceeded to tell me about the courses the participants had taken. It was all the basic stuff.

Education 67

Education Negotiating Skills Supply Chain Design Software Supply Chain Planning Software 67

Logistics Bureau

DECEMBER 9, 2019

Instead, it continues, to include the entire lifecycle of a product, from sourcing of raw materials, to the return and recycling of the product, and reintroduction of recycled materials into the manufacturing or production process. In short, the supply chain is no longer linear, but circular. Why is the Circular Supply Chain Trending?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. Cost per unit offers insight into how much it costs to produce a single item, receive new inventory, store it, and fulfill and ship it. You can do so by optimizing product sourcing.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

6 River Systems

DECEMBER 13, 2019

Click on a link below to browse tips related to a topic of interest: Tips for optimizing your warehouse layout & organization Tips for optimizing your warehouse workflows & processes Warehouse inventory optimization tips Optimizing your warehouse with tools & technology Tips for optimizing your warehouse layout & organization 1.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

ShipBob

FEBRUARY 24, 2023

This includes everything from marketing and inventory management to sales and order fulfillment. Since you’re now using omnichannel fulfillment , you can maintain a single source of truth for all your inventory and order-related processes. However, the reverse logistics process can be extremely complicated in omnichannel retail.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Omnichannel Procurement Solutions 52

GlobalTranz

JANUARY 5, 2016

It also requires the ability for logistics and supply chain managers to look at forward moving logistics as well as reverse logistics. . The use of reverse logistics provides a myriad of benefits to include: Reduced administrative, transportation and aftermarket support costs. Increased velocity.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120