ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

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

Jaggaer

MAY 7, 2019

Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. The bank’s Chief Procurement Officer may want to change vendor. Procurement’s Role in the Banking Industry. Banking is a unique industry in many respects.

Procurement Solutions 75

Procurement Solutions Optimal Sourcing Procurement Vendor Strategies 75

Logistics Viewpoints

APRIL 25, 2022

But, as Abigail Myers-Antiaye – the principal product compliance manager at Coupa – pointed out in a presentation at Coupa Inspire at the beginning of the month, supply chain practitioners have never seen compliance legislation that was so broad and impactful. Unsafe working conditions. Discriminatory Employment.

Supply Chain Software 240

Supply Chain Software Supply Chain Strategy Procurement Solutions Supply Chain 240

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Why RFIs Fall Short .

Procurement Solutions 156

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 156

Taulia

FEBRUARY 27, 2024

A guide to digital supply chain management The emergence of tools and techniques that facilitate digital supply chain management has opened up brand new possibilities for companies looking to make the most of their supply chains. Here’s everything you need to know about it.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The problem is that warehouses are full. I found the topic–so simply expressed–required deep thought. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Unleashed

AUGUST 11, 2020

Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. The right software will also improve operational processes, boost warehouse efficiency and reduce waste. Working with fresh food.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Use cross-functional teams to solve problems.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Logistics Bureau

MARCH 14, 2018

From a simple place to stock goods, warehouses have developed in many ways—function and form included. Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Where to Do Your Warehousing. Who Will Do Your Warehousing?

Warehousing 53

Warehousing Supply Chain Software Supply Chain Design Software Supply Chain Planning Software 53

SYSPRO Smarter ERP

AUGUST 17, 2022

Inventory management is the practice of having the right amount of inventory available to meet demand, both in the present and what’s expected in the future. Getting this right, the first time is impossible, as it involves multiple people, processes, logistics, warehousing, and more.

Optimal Sourcing 105

Optimal Sourcing Inventory Management Software Inventory Management Optimization Software 105

QAD

JULY 21, 2022

Economists have blamed product shortages such as semiconductors and the present spike of inflation, to an extent, on the bullwhip effect,” reports a recent article from BusinessThink at the University of New South Wales. Price fluctuations and discounts resulting in increased purchases. Causes of the Bullwhip Effect.

Price Reduction 95

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 95

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. Businesses search for the most cost-effective option to deliver goods from the warehouse to the final customer.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Game Changer

AUGUST 11, 2022

A BOM can be helpful to those in a business’s eCommerce, manufacturing, engineering, purchasing, and materials management departments. The bill of materials is a blueprint that presents the information needed to manufacture the product from start to finish. This could be either purchasing the product or making the product.

Material Savings 103

Material Savings Manufacturing Procurement Procurement Solutions Supply Chain Design Software 103

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 70

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

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. This is achieved through accurate demand planning and effective warehouse management.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. But with every hyper-advanced AI solution comes new concerns and risks we must keep in mind.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Precoro

OCTOBER 30, 2023

A purchase order (PO) is a formal request for goods or services that becomes a legally binding document once the vendor accepts it. The document is essential for smooth procurement operations. It guides vendors while they fulfill the order and aids buyers in verifying invoices and analyzing their purchases and expenses.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Purchasing Skills 52

ivalua

OCTOBER 1, 2019

Although there is no clear consensus on its definition, this experience is usually understood to be how a user feels about an interactive tool linked to a product or service. In this period of talent shortage, highlighting access to tools on the cutting edge of the user experience can constitute a major recruitment advantage.

Procurement Solutions 100

Procurement Solutions Optimal Sourcing Procurement Analytics Policies 100

My Office Apps

JULY 22, 2021

There is a persistent notion that business owners of all kinds are saving time and money by not learning new software. The need for inventory management software is not something that can be ignored forever. Not just in the amount purchased, but the operational costs associated with consuming a said item.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

Precoro

JUNE 21, 2022

Green Cell now operates in three countries, with a factory in Poland and warehouses in the UK and France, while having clients in several dozen countries worldwide. What Procurement was Like Before Precoro Before implementing Precoro, Green Cell used Google sheets to organize procurement procedures.

Procurement Solutions 98

Procurement Solutions Manufacturing Procurement Demand Planning Software Purchasing Skills 98

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. Keep it Simple : It’s important to not over complicate things. But, it can be overdone.

Waste Reduction 274

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

ThroughPut

OCTOBER 16, 2022

A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. Accurate demand forecasting is an important element of supply chain inventory optimization solutions. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Unleashed

JANUARY 10, 2023

The 5 components of the supply chain planning process: Supply chain visibility Supply chain mapping Production optimisation Product pricing optimisation Implementation of supply chain planning software Combine these and you’ll get an optimised supply chain planning strategy that brings in extra revenue and helps you cut unnecessary business costs.

Supply Chain Planning Software 52

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

Enterra Insights

AUGUST 2, 2019

He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] 1] “During the first few hours,” he writes, “we went over the pertinent areas of a purchase order. One driver of this demand for supply chain redesign is e-commerce.

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

Precoro

JANUARY 15, 2024

Every procurement professional faces a time when they have to make a purchase in unfamiliar territory. Typically, it starts when an employee creates a purchase requisition to notify the department manager of the need for new goods or services. That’s when RFQs and RFPs come into play. What is an RFP?

Purchasing Skills 59

Purchasing Skills Procurement Solutions Manufacturing Procurement Vendor Strategies 59

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. This isn’t just about purchasing power. Image via StarAir.dk). Behind the Maersk shift.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Kinaxis

SEPTEMBER 12, 2016

The main processes (Figure 1) to get a customer his or her order would be procurement (buying ingredients), manufacturing (cooking), and delivery (serving the customers). That’s how long the entire process would take to go from procurement, to manufacturing, to delivery. That alone can present a major challenge for today’s companies.

Inventory Reduction 100

Inventory Reduction Waste Reduction Cost Reduction Strategies Material Savings 100

Supply Chain Matters

DECEMBER 13, 2022

Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. Coupa Software Enters Definitive Agreement to be Acquired. Supply Chain Matters readers may recall that Coupa Software acquired supply chain design and analytics technology provider Llamasoft for a purchase price of approximately $1.5

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

Vinculum

APRIL 27, 2021

Last week, We posted a question on social media “At present, What do you think is the biggest Omnichannel Retailing challenge?”. An efficient inventory management software is important to enable a company to procure the correct amount of stock without holding or wasting excess stock.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Unleashed

JANUARY 25, 2021

The purpose of a purchase order. Purchase orders are a crucial part of your purchasing processes. Purchase orders (PO) document the purchasing part of your inventory management system and are legally binding documents. How do you create a purchase order template?

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Negotiate Pricing 90

Precoro

DECEMBER 12, 2023

Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro. The startup that immediately chose Precoro For the first few months after Electra was founded, like many startups, the team had a manual procurement process and used spreadsheets.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

Enterra Insights

OCTOBER 7, 2019

This new avenue allows for parents to purchase items and have them delivered right to their student’s dorm room or apartment.”[5]. She writes, “The online grocery option is a great way for parents and college students to connect. ”[5]. The way ahead. They are: 1. Vision, goals and strategies.

Modeling Software 100

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Procurement Analytics 100