Procurement Academy

FEBRUARY 6, 2024

Your organization’s supply chain can be the bedrock of a robust ESG strategy that will drive positive change and contribute to long-term sustainability. We’re here to help guide you in developing a more ethical and sustainable supply chain using actionable insights from our years of expertise. Let’s dive right in.

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . That’s an astonishing $933.30

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

ThroughPut

SEPTEMBER 29, 2022

AI-powered Supply Chain capabilities to enable Chief Financial Officers, Chief Supply Chain Officers and other business leaders to quickly identify areas that most effectively accelerate the bottom line and drive sustained market advantage. PALO ALTO, CA, September 29, 2022 /PRNewswire/ — ThroughPut Inc. ,

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Resource Reduction Inventory Reduction 52

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. There are many definitions for lead time in supply chain management. Let’s dive in. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Trend

DECEMBER 22, 2023

We will decide and response faster in our supply chain and make higher quality operational and strategic decisions. I believe that soon enough it will become a must to provide new roles to young graduates for them to be interested in working in supply chain. These new operating models can create significant benefits.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Arena Solutions

OCTOBER 12, 2023

In 2022 alone, the global aerospace and defense market size has grown from $795.92 Internal audits expose your strengths and weaknesses Internal quality audits can be an essential component of a manufacturer’s quality strategy because they can spot possible problems, put remedial measures in place, and work toward continuous improvement.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

QAD

JULY 14, 2022

Those requirements include: For forward model programs, which have not yet completed Job 1 by July 1, 2022, Foundation and Part FMEAs must be available in the FMEA software starting July 1, 2022. . Evidence of Reverse FMEA events must be available starting July 1, 2022 for forward model programs which have not yet completed Job 1.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Software Supply Chain Design Software Supply Chain Software 97

Unleashed

JANUARY 24, 2022

Techniques for 2022 What is MRO inventory? MRO inventory includes all the consumable materials and supplies necessary to undertake that maintenance and repair, in addition to operational activities. Innovative technology or continuous improvement practices may impact the feasibility and frequency of using certain MRO items.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

NC State SCRC

JANUARY 18, 2023

The following is a guest blog from Craig Lukasik , one of my former MBA students from the Poole College of Management’s supply chain program. Supply Chain Metrics!?!? – Why should managers who work outside of “Supply Chain” care about this study? Thanks Craig!

Analytics Software 40

Analytics Software Resource Reduction Cost Reduction Strategies Waste Reduction 40

Unleashed

AUGUST 18, 2021

Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. Read more: Supply chain management explained: methods in modern business Returns needn’t harm your business – instead, you can benefit from reverse logistics.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Unleashed

JANUARY 25, 2023

In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. To improve cash flow, process optimisation is necessary. This is achieved through the implementation and continued improvement of cash flow management strategies.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

ivalua

AUGUST 1, 2022

In doing so, they have improved supplier collaboration and created a greater capacity for resilience, innovation, and continuous improvement. . A strategic and holistic approach to supplier management contributes to overall business strategy by: Establishing supply assurance and mitigating disruptions.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

RFgen

FEBRUARY 7, 2019

Add on top of this pressures from increasingly squeezed supply chains, labor and technician shortages, and a growing trend of bringing MRO operations in-house, and it’s understandable why many MRO professionals feel a bit cornered. The Materials Supply Chain (MRO Inventory). Technology may be changing that.

Supply Chain Planning Software 52

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