Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Unleashed

DECEMBER 14, 2018

Inventory control encompasses all aspects of managing a business’ inventory stock, from purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering. The SDE analysis is considered a common inventory control and optimisation method. What is an SDE analysis? Why is SDE analysis used?

Inventory Management Software 58

Inventory Management Software Analysis Inventory Management Inventory Reduction 58

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

BlueYonder

SEPTEMBER 26, 2022

When these events reach the warehouse, agility and resilience are critically important to navigating through the issue with the least possible impact to operations and customers. We’ll continue our exploration of these disruptions and where Blue Yonder’s Warehouse Management System (WMS) helps enable resolutions that can ensure SLAs are met.

Supply Chain Disruption 57

Supply Chain Disruption Warehousing Agile and Lean Supply Chain Supply Chain Planning Software 57

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . Increasing fuel costs also play into the available capacity woes.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

FEBRUARY 8, 2022

Whether it means recognizing a skilled labor shortage at a specific warehouse today or anticipating a significant weather event next week, logistics professionals need to see exactly what is happening across the end-to-end supply chain, in real time. The Digital Warehouse, Fueled by Optimized Labor. While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

GlobalTranz

AUGUST 18, 2021

That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. Focus on Carrier Procurement and Management. That includes helping shippers manage the final mile procurement process and even offering in-house services that are available within the 3PL.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

RFgen

APRIL 12, 2024

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. Expenses like utilities, security, insurance, and other warehousing line items may be involved. Warehouse managers dread stockouts.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

GlobalTranz

JULY 28, 2021

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. These processes are intrinsically linked and require shared data and collaboration across all network partners.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Supply Chain Opz

MAY 1, 2018

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. In logistics management literature, procurement is also called "Inbound Logistics" or management of incoming materials. However, there is so much more about modern transportation.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. I saw how their platform unified finance and procurement activities, but not supply chain. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? In this article, learn how to track warehouse performance by monitoring the right KPIs.

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Each morning, an administrative assistant met with a cup of coffee.

Inventory Reduction 376

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 376

SCMDOJO

NOVEMBER 9, 2023

Warehousing expenses are often variable and depend on the amount of inventory stored. Consequently, it is imperative to maintain a well-organized warehouse that either introduces new items at the back or strategically positions older items at the forefront. These are shown in our inventory control template excel later in the blog.

Inventory Reduction 84

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 84

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. 5 – Procurement KPI Dashboard Excel Template Effective supply chain management requires the use of various tools and metrics to monitor and improve performance.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 94

Silvon Software

JUNE 1, 2023

The KPIs here highlight procurement, production, logistics, and customer fulfillment. This includes procurement, production, transportation, warehousing, and distribution. To integrate the data for reporting and analysis, consider the use of a data hub so everyone’s working with the same numbers.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Unleashed

OCTOBER 6, 2021

Using this strategy improves efficiencies in product delivery, frees up capital and reduces warehousing costs. Conduct an FSN analysis FSN analysis is used to categorise products as fast-moving, slow-moving or non-moving. Finally, ‘non-moving’ items are those that are not used over the analysis timeframe.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

SYSPRO Smarter ERP

OCTOBER 9, 2023

Therefore, companies should have a system to collect and consolidate the data for reporting and analysis. Understanding material costing requires information about procurement activities and how long materials linger in inventory before they are used to generate revenue. This can be used in costing analysis and equipment profitability.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

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. Continuous analysis of the inventory-to-sales ratio can also highlight the need to improve inventory turnover.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

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 17

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 17

ProcurePort

FEBRUARY 1, 2022

This information is recorded through applications that aid inventory management, warehouse management, shipping, and procurement. Supply chain analysis, therefore, is the analysis of information from those different applications using one ERP system. Analysis of data from one activity, such […].

Analytics Software 52

Analytics Software Analytics Supply Chain Inventory Management Software 52

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. It involves receiving, tracking, and efficiently storing these products. Together, they ensure a responsive supply chain that adapts to changing demand.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. It involves receiving, tracking, and efficiently storing these products. Together, they ensure a responsive supply chain that adapts to changing demand.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. It involves receiving, tracking, and efficiently storing these products. Together, they ensure a responsive supply chain that adapts to changing demand.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Logistics Viewpoints

MAY 6, 2022

Warehouse vacancy rates sink to 27-year low. The lawsuits argue that the agency’s environmental analysis to justify spending up to $11.3 In early April, employees at an Amazon warehouse on New York’s Staten Island made history by becoming the first Amazon warehouse to vote to join a union (JFK8 fulfillment center).

Logistics Network Optimization Software 221

Logistics Network Optimization Software Negotiating Skills Manufacturing Procurement Negotiate Pricing 221

Elementum

FEBRUARY 7, 2024

Business process management (BPM) tools are essential in executing BPA, as they facilitate the design, analysis, and management of business workflows, ensuring a seamless integration and operation within the organizational structure. AI transforms traditional process mapping techniques by automating the data collection and analysis process.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Opz

APRIL 1, 2018

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Best Logistics Books are as below: 1.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

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. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain View from the Field

MAY 13, 2014

Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track. One of the first questions we begin with in the first chapter is, if indeed, procurement is a profession.

Procurement 104

Procurement Purchasing Skills Pricing Training Buyer Training 104

SCMDOJO

JULY 29, 2022

While Total Landing Cost (TLC) includes other types of costs like; transporting, storage, risk, delivery, and quality, and the more complicated analysis, the Total cost of ownership (TCO) , includes the TLC, in addition to the ongoing lifetime, operating, durability, end-life disposal cost, …etc. References. Bowersox, David J. Lysons, 312.

Sourcing Strategies 107

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 107

The Logistics of Logistics

APRIL 26, 2022

It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. Michelle Sodomka, a Senior Director in charge of Open Sky Group ’s transportation management practice has 15 years’ experience in risk analysis and mitigation within the logistics industry.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147

GlobalTranz

JUNE 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. Increase Stability of Transportation Procurement and Management by Partnering With GlobalTranz. Capacity constraints within truckload and parcel have led to spillover within the LTL market resulting in capacity shortages.

3PL 253

3PL Transportation Supply Chain Planning Software Real Estate 253

SCMDOJO

MARCH 8, 2024

By working closely with suppliers to shorten lead times, businesses can minimize the time inventory sits idle in warehouses. By conducting a value-benefit analysis using a points-based system, businesses can prioritize strategies based on their potential benefits and ease of implementation.

Inventory Reduction 83

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 83

ShipBob

NOVEMBER 6, 2023

Cutoff analysis Cutoff analysis is when you pause operations such as receiving and shipping at the time of the physical count to ensure nothing is being handled and goes unaccounted for. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

SCMDOJO

APRIL 4, 2023

Purpose of SCM Analytics Supply chain analytics aims to provide insight and extract value from the large amounts of data associated with the procurement, processing, and distribution of goods. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111