ivalua

NOVEMBER 26, 2020

We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. . Managing Risk Across the Supply Chain Remains Challenging. This includes information like locations, financial stability, and key logistics strategies.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Supply Chain Game Changer

JUNE 30, 2022

The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. For a supply chain to run smoothly it needs to be well managed under the right strategy for your business objectives.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. Supply chain execution the second part of the supply management process, which falls after supply chain planning. Procurement and manufacturing. Distribution.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. Supply chain management is never boring, and there’s always more to learn. What is Supply Chain Management?

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 94

EC Sourcing Group

OCTOBER 26, 2021

It was slow-moving, achieving the result (product or service) took a much longer time, and dealing with suppliers was a much different story. Read on to learn about the importance of quality in supply chain management, how IT helps to achieve that quality, and more details about the supply chain. Inventory management.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Unleashed

OCTOBER 4, 2023

Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery. This can include freight forwarding and documentation management. Supplier management: Managing suppliers requires consistent and clear communication from both sides.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? The Evolution of Supply Chain!

Supply Chain Design Software 72

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

SCMDOJO

MARCH 8, 2024

Vendor Managed Inventory (VMI): VMI is a collaborative approach where suppliers manage inventory levels for their customers. Suppliers monitor stock levels and replenish inventory automatically, based on agreed-upon criteria such as sales data or predefined inventory levels.

Inventory Reduction 80

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 80

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

Unleashed

AUGUST 29, 2023

Here’s a typical dashboard demonstrating how inventory management software works in real life. How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements.

Inventory Management Software 52

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

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. AI for supplier relationship assessment. The solution? for smooth product movement across the line.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Logistics Bureau

JANUARY 7, 2020

Along with the design of supply chain strategy, the design of the supply chain itself, especially the part dealing with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses. . Select one strategic logistics partner and build a long-term, close relationship. Procurement costs.

Inventory Reduction 101

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

GlobalTranz

MAY 21, 2015

This requires a new broad look at the business of transportation supply chain, including supply chain management, logistics, & procurement. Managers should ensure that a firm’s transportation strategy supports its competitive strategy. Some of these elements have different master data that must be used.

Supply Chain Planning Software 120

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Software Sourcing Strategies 120

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. This in turn could put logistics under pressure at companies like Amazon. On top of this, a growing number of truck and van drivers are off work, often with symptoms of the virus, while many warehouse workers are unhappy about the risks posed. pic.twitter.com/T8B9C8bbi9.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Logistics Bureau

DECEMBER 3, 2017

Our blog posts and articles here at Logistics Bureau are almost always written to inform, but this time we’re writing with a request for information. We’d like to know what you believe your managers and staff need from a supply chain education program. Supply Chain Functions and their Management. Why are we asking?…

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

Supply Chain Game Changer

JUNE 8, 2021

There is so much to learn in many functions of supply chain, whether it is IT tools, planning and buying, commodities, global supplier management, logistics, warehousing. Every day is about communicating, collaborating, organizing, problem solving, cost and environmental management. Never forget it.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

Unleashed

JANUARY 10, 2023

Improving supply chain visibility looks like this: Integrating data from your various systems into one centralised location Working with suppliers to increase supply chain transparency Automating data collection, analysis, and reporting Supply chain visibility relies on accurate, synchronised data. That’s right: your own production process.

Supply Chain Planning Software 52

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

Unleashed

JANUARY 16, 2023

When your business is receiving more orders than it’s possible to fulfil in-house, third-party logistics (3PL) can mean the difference between disappointing customers and capitalising on that success. In this guide to third-party logistics: What is 3PL? 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

QAD

OCTOBER 4, 2023

With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems. Supply chain management analytics utilizes inbound and outbound logistics information. Why are Supply Chain Analytics Important?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Game Changer

NOVEMBER 11, 2018

Or do you really need to “Go Outside and Play” and go into Warehouses, Distribution Centres, Manufacturing facilities, Logistics operations, Planning and Purchasing offices, and more to really understand how the Supply Chain works? The Case for Screen Learning! Largely gone are the days of paper. Visit these operations.

Supply Chain Planning Software 42

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Manufacturing Procurement 42

Supply Chain Game Changer

APRIL 26, 2020

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. Every day is about communicating, collaborating, organizing, problem solving, cost and environmental management. Derek was always the consummate professional.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Supply Chain Software Optimal Sourcing 52

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Hire any of them as your supply chain consultant and see the difference! Matías Guarello Wilhelmy Location: Chile / Remote Rating: 5/5.0

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Game Changer

NOVEMBER 17, 2018

Our interactions spanned the full range of Customer-Supply Chain activities: materials costing, planning, materials availability, inventory, delivery performance, and logistics. Every day is about communicating, collaborating, organizing, problem solving, cost and environmental management.

Supply Chain Network Software 40

Supply Chain Network Software Network Optimization Supply Chain Planning Software Supply Chain Software 40

Kanban Logistics

MARCH 30, 2023

This applies not only to suppliers and manufacturers, but also to service providers throughout the aerospace supply chain. In this article, we’ll examine a common QMS certification, AS9100, and explain why it’s important that your chosen warehouse provider meets these standards. What are AS9100 Standards in Aerospace Logistics?

Aerospace 52

Aerospace Supply Chain Design Software Supply Chain Design Supply Chain Optimization 52

Unleashed

JANUARY 16, 2024

It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. For some businesses, landed cost is associated primarily with the supply chain – considering only the cost to procure, transport, and deliver a product. Let’s dive in. What is landed cost?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

QAD

DECEMBER 16, 2021

Warehouses are full and short-staffed, affecting how merchandise is received. Because import freight is sitting on docks longer and warehouses receiving containers are backlogged, we’re also seeing a shortage of containers and chassis to move containers. Supplier Relationship Management. Recommendations for Manufacturers.

Supply Chain Disruption 94

Supply Chain Disruption Optimal Sourcing Manufacturing Procurement Supply Chain Design Software 94

Precoro

JANUARY 16, 2023

Spend management is a set of practices for controlling how a business spends money. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Multi-warehousing efficiencies. More widespread third-party logistics. Warehouse automation. Managing supplier and other vendor relationships in one place.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

EazyStock

NOVEMBER 6, 2020

This includes the money spent procuring the goods, the interest lost when working capital is turned into stock and the opportunity cost of the money invested. Purchasing teams need to ensure they procure inventory in the right volumes, at the right time and at the right cost. Originally published Oct 2015; updated Nov 2020.

Purchasing Skills 40

Purchasing Skills Inventory Reduction Cost Reduction Strategies Optimal Sourcing 40

Unleashed

JULY 10, 2023

S&OP aims to establish an integrated plan for the following activities: Sales Marketing Finance Production Procurement Supply chain management Inventory management Demand planning Inventory planning Materials planning S&OP is designed to ensure all the different business teams are working together to maximise efficiency and profitability.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

Logistics Bureau

OCTOBER 2, 2016

Along with the design of supply chain strategy, the design of the supply chain itself, especially the part which deals with outbound distribution from plants or warehouses, is instrumental in the success or failure of businesses. Procurement costs. Inadequate inventory management. Supply Chain Network Design. Click To Tweet.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Material Savings Supply Chain Design Software 40

Supply Chain Game Changer

AUGUST 23, 2022

FOB), supplier payment terms minimum order quantities (MOQs), lead times, single or dual sourcing, pricing, supplier order fulfillment processes (eg. supplier managed inventory or just in time ), quality issue resolution mechanisms, safety stocks and all other parameters and terms and conditions. Days Sales Outstanding.

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Supply Chain Matters

MAY 12, 2023

On May 4, we featured for readers the industry breaking news that Flexport will acquire the logistics the logistics fulfillment operations of online retail platform provider Shopify. In this edition, we include six added news capsule events that has occurred across the supply chain technology spectrum: Livent Corp. based Livent Corp.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Analytics Software 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Supply Chain employees must have a working knowledge of any one or all of Planning, Procurement, Category/Commodity Management, Supplier Relationships, Logistics, Sourcing, Quality Management, Warehousing, Inventory Management or anything else Supply Chain related.

Negotiating Skills 73

Negotiating Skills Purchasing Skills Supply Chain Skills Buyer Training 73

Enterra Insights

FEBRUARY 20, 2019

. “When I began my career,” he writes, “there was no such thing as ‘Supply Chain Management’ Supply Chain was not a title to be found anywhere on any organization chart. He concludes, “Nowadays I view ‘Supply Chain Management’ as involving most every aspect of any business.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 113