Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

The Logistics of Logistics

DECEMBER 13, 2023

Itamar Zur and Joe Lynch discuss reinventing ecommerce shipping. About Veho Veho ’s mission is to power the future of commerce by making shopping, shipping and returns work seamlessly for everyone. Veho is reinventing shipping, and all parts of the post-purchase experience as we know it.

Shipping 208

Shipping Logistics Network Optimization Software Supply Chain Design Software Predictive Analytics Software 208

SCMDOJO

MARCH 27, 2024

Hence, leveraging the right technological tools becomes not only beneficial. This comprehensive guide highlights software that stands out. For each recommended software, we will delve into the key features that set it apart. For each recommended software, we will delve into the key features that set it apart.

Supply Chain Design Software 70

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 70

Unleashed

SEPTEMBER 3, 2023

If you’re buying or selling goods, you need to know what a purchase order is and how it works. Purchase orders enable easy and safe trading between suppliers and their customers – and provide traceability as ordered items pass through the supply chain. In this purchase order guide: What is a purchase order?

Procurement Solutions 52

Procurement Solutions Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. In fact these models are not just used casually, but they often are designed to inform and make optimal sourcing choices. What is a Total Cost of Ownership Model? But price is ALWAYS included.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Precoro

AUGUST 31, 2023

To prepare for possible disruptions and to stay cost-efficient in general, companies should be conscious about their spending at all times, and should avoid paying for the things that don’t contribute to business profitability. Cost savings help a business to stay competitive in the market, boost cash flow, and improve the bottomline.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. The logistics industry is known for its cost sensitivity and customer-oriented approach.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

RFgen

MARCH 20, 2023

Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Automated technologies and mobile inventory management systems can help align teams around a single source of truth when making inventory decisions. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. The acronym refers to the materials required to keep your operation running, such as spare parts, engineering tools and test equipment. Why is handling MRO procurement so costly? MRO stands for maintenance, repair, and operations.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

ToolsGroup

OCTOBER 10, 2023

This week we’re going to talk about how Dynamic Fulfillment achieves true fulfillment optimization through a cost-based approach that incorporates three key components for optimizing your total cost-to-serve. What Is the Cost-Based Approach? The Three Components of Successful Cost-Based Optimization Let’s drill down.

Purchasing Skills 156

Purchasing Skills Network Optimization Supply Chain Optimization Price Mitigation Strategies 156

Logistics Viewpoints

FEBRUARY 5, 2024

Walmart fines suppliers whose goods arrive late or who have not shipped everything that they committed to ship. Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Logistics Viewpoints

JUNE 8, 2023

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. Previously, only large companies such as Amazon and FedEx possessed the network and scale required for cost-effective same-day and next-day shipping.

Modeling Software 203

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 203

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 121

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 121

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Unleashed

MARCH 5, 2024

It is achieved using various software tools, cloud-based technology platforms, and robotics to streamline manual processes. In many online businesses, eCommerce automation is used to improve efficiency, cut costs, and deliver better service at scale. But those aren’t the only reasons to invest in automated solutions.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Veridian Solutions

JANUARY 15, 2020

It is time your organization has decided to purchase order management software and reap its benefits. Unfortunately, numerous order management system software vendors exist, and every vendor claims to have the best and biggest solution. Justify the Need to Purchase Order Management Software.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Supply Chain Design Software Supply Chain Planning Software 49

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Essentially, an ERP helps organizations run their business by acting as a single source of truth.

Inventory Management Software 75

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 75

Unleashed

OCTOBER 12, 2022

In the past couple decades, businesses have increasingly woken up to the extraordinary benefits of ERP software – particularly since it moved to the cloud. But what does ERP cost for an SME? On average SMEs should expect the monthly, per-user cost of cloud-based ERP to be US$114. HR, including onboarding and payroll.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022 by Lindsay Schuemann , Marketing Manager at Enveyo Two years. We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume. . They’re shipping companies. When should I start negotiating?

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

Unleashed

SEPTEMBER 16, 2019

Purchase orders are the documents sent from the buyer to the supplier requesting goods or services that when accepted by the vendor forms a legal contract between the two parties. Typically, purchase orders will provide detail of the items the buyer agrees to purchase and the agreed price per unit. Budget review.

Procurement Solutions 45

Procurement Solutions Purchasing Skills Vendor Strategies Expense Reduction 45

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

The Logistics of Logistics

JULY 12, 2023

Corey, CEO of Davinci Micro Fulfillment , supports brands with an end-to-end solution for efficient direct-to-consumer eCommerce fulfillment. He is skilled in building and leading high-performing teams that thrive on inclusion, collaboration, and engagement. Corey Apirian and Joe Lynch discuss fulfillment vs. micro-fulfillment.

Negotiating Skills 215

Negotiating Skills Purchasing Skills Network Optimization Software Logistics Network Optimization Software 215

Unleashed

SEPTEMBER 15, 2019

Purchase requisitions and purchase orders (often referred to as POs) are both part of a business’s overall procurement and purchasing processes, which establish buying policies and outline purchasing steps. The difference between purchase requisitions and purchase orders. Purchase Requisitions.

Purchasing Skills 40

Purchasing Skills Procurement Solutions Negotiate Pricing Negotiating Skills 40

Precoro

JANUARY 16, 2023

Companies typically select supplementary software to help support this process. 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

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 75

Proxima

JUNE 5, 2023

As the supply chain crisis ends, it’s time to pivot to cost. It was a frenetic period from March 2020 when the Covid-19 pandemic hit, followed by a series of events from the Suez Canal blockage to Russia’s war on Ukraine, that scrambled supply chains and ratcheted up costs. So why are prices are still going up?

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Purchasing Skills Procurement Solutions 52

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Pillars supporting the digital path to purchase.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

ShipBob

SEPTEMBER 13, 2021

But, for merchants either looking to launch a brand or grow their existing online store, it’s no secret that shipping has become more complex and expensive. Luckily, multi-carrier shipping software solutions for 2021 simplify shipping, so that brands can focus on what’s most important — growing their business.

Procurement Solutions 52

Procurement Solutions Supply Chain Network Software Supply Chain 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 Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Warehousing Supply Chain Planning Software 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Warehousing Supply Chain Planning Software 52

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

QAD

MARCH 31, 2020

ANCA builds CNC tool grinding machines. These machines produce the cutting tools other machine tools use to cut metal. They’re complex machines assembled from thousands of parts, many purchased from highly specialized manufacturers. Inevitably, the procurement process is complex and challenging to manage.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market.

Procurement Solutions 93

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 93