SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

Sourcing Strategies 131

Sourcing Strategies Inventory Reduction Boston Cost Reduction Strategies 131

ToolsGroup

DECEMBER 17, 2020

Not all disruptions are as cataclysmic as Japan’s 2011 tsunami or COVID-19, but smaller logistic and control disruptions/disconnections are happening continuously in most supply chains. This “single model” approach guarantees service levels at the store via optimal inventory levels across the entire network. Who can provide them?

Supply Chain Planning Software 275

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 275

Supply Chain Shaman

FEBRUARY 18, 2013

Pharmaceutical companies are struggling with falling margins and rising inventories. In our work with pharmaceutical companies, most executives wince when we mention inventories. However, most do not realize that the Days of Inventory for the industry has grown 33%. It is rising inventory levels. What Can We Do?

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. The transactional nature of procurement and sales is a barrier to redesigning for higher value. Data volumes grew 18X in 2011.

Pricing Training 262

Pricing Training Supply Chain Design Software Purchasing Training Waste Reduction 262

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest. Where to Next?

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Logility

MARCH 2, 2011

OK, enough about dreaming of warmer days … Connections 2011 is set to be our largest user conference to date with record registrations and 25 percent more sessions to accommodate our growing audience. Luckily, this March our annual customer conference will be in Orlando, away from the cold weather and under the sun.

Optimal Sourcing 100

Optimal Sourcing Florida S&OP Logility 100

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Neil Southern, 2011). Thorpe (1916)). The idea of ??working

Supply Chain Planning Software 138

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 138

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest. Where to Next?

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. Traditionally E2open sold to the procurement organization.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Business Process Outsourcing.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Freight Waves

JUNE 16, 2025

The 2016 Memorandum of Understanding (MOU) solidified this commitment, pledging $38 billion in military aid from 2018 to 2028—$33 billion for weapons procurement and $5 billion for missile defense. By pre-positioning assets, WRSA-I minimizes response times, acting as a just-in-time inventory solution. The Iron Dome, backed by $3.4

Military 103

Military Israel Supply Chain Planning Software Supply Chain Software 103

Talking Logistics

SEPTEMBER 19, 2014

RFID Yielding Results and Expanding: Macy’s and Bloomingdale’s are seeing tangible results from their adoption of radio frequency identification (RFID) technology that began rolling out in 2011. Macy’s, Inc.

Logistics Network Optimization Software 138

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Demand Planning Software 138

Infosys Supply Chain Management

DECEMBER 29, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. » The Real Headline for the 2011 Holiday Buying Season- Need for Balancing Retailer Online and Fulfillment Process Investments. Business Process Outsourcing. Customer Service. Finance & Accounting.

Manufacturing Procurement 29

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

Jaggaer

APRIL 9, 2025

It evolved from material requirements planning (MRP) and later manufacturing resource planning (MRP II), which were already being used in manufacturing industries to manage production and inventory. To counter Oracles PeopleSoft acquisition, SAP acquired SuccessFactors, a leader in human capital management (HCM), in 2011.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Resource Reduction Analytics Software 52

MIT Supply Chain

OCTOBER 30, 2014

As the tsunami that devastated parts of Japan in 2011 and dislocated supply chains worldwide underlined, companies need to be better prepared to respond to a widening array of potential disruptions. But persuading managers, and notably procurement professionals, to build supply chain risk into their decisions can be an uphill battle.

Manufacturing Procurement 76

Manufacturing Procurement Supply Chain Software Supply Chain Strategy Procurement Solutions 76

GlobalTranz

AUGUST 9, 2016

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Lean Cost Reduction Strategies 120

SCMDOJO

JUNE 28, 2024

Maryna has: 5 years of experience in procurement training and consulting. 10 years of experience in purchasing and procurement, the tobacco market in particular. Maryna has: 5 years of experience in procurement training and consulting. 10 years of experience in purchasing and procurement, the tobacco market in particular.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

The Logistics & Supply Chain Management Society

JUNE 10, 2021

My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement. Family reasons relocated me to Bangkok in 2011. .

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Negotiating Skills Material Savings 162

SCMDOJO

JULY 16, 2024

Just-in-Time (JIT) Delivery: Challenge: While JIT delivery reduces inventory holding costs, it often requires more frequent deliveries with smaller, less-than-full loads and this can increase fuel consumption and lower vehicle utilization [1]. Chen et al., Key Constraints / Issues for Vehicle Utilisation. Freight Transport Association.

Optimal Sourcing 97

Optimal Sourcing Procurement Solutions Research Supply Chain Design Software 97

QAD

OCTOBER 26, 2023

The information your trade team uses to determine landed costs or admissibility of goods should be shared with procurement teams, so that you always purchase goods at the lowest possible price. How will you make sure that unused returns go back into inventory instead of being scrapped? How will returns be handled?

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. For instance, during the 2011 earthquake and tsunami in Japan, Toyota’s robust supply chain resilience allowed it to quickly recover and restore operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

QAD

JUNE 8, 2021

This quote is actually from an article published in July 2011. Insufficient inventory visibility throughout the supply chain. According to Deloitte , only 18% of chief procurement officers say they are formally tracking risk in their direct (Tier 1) supplier base and only 15% have visibility beyond that.

Supply Chain Software 98

Supply Chain Software Automotive Demand Planning Software Forecasting Software 98

Infosys Supply Chain Management

FEBRUARY 2, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Traditionally supply chain model for e-retailers has been to stock inventory at downstream i.e. Distribution Centers (DC). To have centralized inventory visibility. · No centralized inventory visibility.

Supply Chain Planning Software 36

Supply Chain Planning Software Supply Chain Design Software Pharmaceutical Retail 36

SYSPRO Smarter ERP

JANUARY 29, 2024

what used to be called the Fourth Industrial Revolution or 4IR) has been around since 2011. Inventory management is becoming increasingly cloud-based, allowing businesses to access their inventory data from anywhere, at any time, and on any device with an internet connection. Industry 4.0 and Artificial Intelligence Industry 4.0

Manufacturing Procurement 52

Manufacturing Procurement Trends Manufacturing Inventory Management Software 52

Supply Chain Network

APRIL 3, 2012

To achieve full efficiency, the supply chain needs secure, accurate and timely data on the inventory status and condition of its products. In the majority of today’s cold-chain operations, data from condition monitoring is either nonexistent or requires hours or days to procure – making it inactionable. Pr-intelleflex@trainercomm.com.

Supply Chain Design Software 92

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Modeling Software 92

MIT Supply Chain

JULY 22, 2021

We are now witnessing a corporate version of this practice, as supermarkets build inventories in anticipation of product shortages. A silver lining is that the lessons learned could lead to more flexible approaches to inventory management generally. Our inventories are up significantly over the same period last year.”

Company 52

Company Inventory Reduction Supply and Demand Agile and Lean Supply Chain 52

Infosys Supply Chain Management

FEBRUARY 8, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Let us take an initiative such as Inventory Optimization as an example. But what has been lost is an opportunity to look at inventory optimization through the lens of revenue generation and cost optimization.

Optimal Sourcing 34

Optimal Sourcing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Optimization 34

Infosys Supply Chain Management

APRIL 2, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. One of the biggest time consuming and mundane activities in warehouse management is the pick up of inventory and the appropriate shelving of inventory. Business Process Outsourcing. Customer Service.

Sourcing Strategies 29

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 29

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. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). December 2011. November 2011.

Agile and Lean Supply Chain 37

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

Arkieva

APRIL 7, 2016

Ensure continued alignment by sharing inventory turns as a KPI. Figure 1 shows it for inventory and service. The idea is that more service, typically comes with a higher inventory (or lower turns). They increase the service but require a higher inventory. It will lower cost but increase inventory or decrease turns, cfr.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. The business case should include recommendations for compensation incentives. Perceived high costs and conflicting objectives.

Supply Chain Risk Management 62

Supply Chain Risk Management Risk Management Supply Chain Design Software Agile and Lean Supply Chain 62

ThroughPut

MAY 31, 2022

Capacity and inventory buffers: Building buffer capacity is the simplest way to build supply chain resilience, whether by way of maximizing productivity or building inventory to ensure that stockouts never happen – while at the same time ensuring that overstocking and wastage are never an issue.

Manufacturing Procurement 52

Manufacturing Procurement Expense Reduction Inventory Reduction Supply Chain Strategy 52

Supply Chain Matters

SEPTEMBER 23, 2022

Implied is that these vehicles will remain as factory inventory until needed components arrive and customer or dealer orders can then be fulfilled. The Ford warning caused the company’s stock to fall 12 percent, the biggest one-day loss since 2011. Once more, these shortages reportedly involve higher margin trucks and SUV ’s.

Cost Reduction Strategies 59

Cost Reduction Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Planning Software 59

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. This results in excessive response times, costs and inventory due to forecast inaccuracy. On the other hand manufacturers get plagued by obsolescence and inventory costs impacting margins. Customer Service.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 27

Supply Chain Game Changer

NOVEMBER 17, 2018

We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. Our team was recognized for our unique configure-to-order process for our microprocessors as a finalist in the Supply Chain Council’s Operational Excellence award in 2011. My tenure at AMD was amazing.

Gartner 75

Gartner Manufacturing Procurement Optimal Sourcing Supply Chain Software 75

Infosys Supply Chain Management

JANUARY 13, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities. Procurement Blog. Categories.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 29