The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

OCTOBER 10, 2022

This global, Tier 1 manufacturer is headquartered in Stockholm and had revenues of over $8 billion last year. in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Logility

MARCH 11, 2024

The aim to change the future of young entrepreneurs, early-career professionals, and school students in Burundi by providing access to technology, educational resources, and training programs that empower individuals to thrive in the digital era. It also provides advertisers the analytics, data, and ability to reach their target audience.

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Procurement Academy

OCTOBER 18, 2023

NXP Semiconductors (NXP) , is a global designer and manufacturer headquartered in The Netherlands. The challenge Following the appointment of NXP’s Chief Procurement Officer, Jeff Wincel , a new global strategy was implemented that included a pillar dedicated to ‘people and success’. 93% felt the training was relevant to their jobs.

Case Study 52

Case Study Negotiating Skills Study Buyer Training 52

Enterra Insights

JANUARY 17, 2019

Nevertheless, over the past few years there have been some significant changes in the manufacturing sector, including the maturation of additive manufacturing and the emergence of the Internet of Things (often referred to as the Industrial Internet of Things (IIoT)). Manufacturing trends. ”[1] Those arguments still hold.

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

DynaSys

OCTOBER 7, 2021

Are you interested in Advanced Analytics for your Supply Chain? Data analytics is widely explained in three approaches and also have helped thousands of companies in all industries gain visibility across the supply chain, collaborate with partners, and better understand risks and opportunities. PwC Global Supply Chain Survey).

Analytics Software 52

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

Supply Chain Shaman

FEBRUARY 1, 2024

This is why I host training twice a year to challenge existing technology paradigms. Contract Manufacturing Signal Latency. In my last blog post, I shared insights on data synchronization between brand owners and contract manufacturing. In our research, we find that 32% of volume is manufactured by a third party.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

The Logistics of Logistics

FEBRUARY 11, 2022

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics.

Cost Reduction Strategies 206

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 206

Logistics Viewpoints

AUGUST 22, 2023

Once you know where that truck (or train, plane or container) is, that’s when things get really interesting. The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

SCMDOJO

NOVEMBER 8, 2022

2) Supply Chain Analytics | 22k Subscribers. The Supply Chain Analytics Channel is funded by the Ministry of HRD government of India as part of its National Program on Technology Enhanced Learning (NPTEL). The Supply Chain Analytics Channel is highly detailed and will always be recommended for years to come. Subscribers.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 120

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Procurement Academy

MARCH 2, 2023

Ewellix, part of the Schaeffler Group, is the leading global manufacturer and supplier of linear motion solutions, which incorporate state-of-the-art designs, components, and digital technology. We’re thrilled to be launching this training program to our employees to help unify our global teams and be the true specialists in our field.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. Closed Loop. Redefinition of Supply Chain Execution.

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

HICX Solutions

OCTOBER 20, 2020

In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. The role of data in the future procurement function.

Manufacturing Procurement 59

Manufacturing Procurement Negotiating Skills Supply Chain Software Procurement 59

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Kanban came from the same place as the wider principles of lean manufacturing: Toyota. Each card represents one work item.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

HICX Solutions

OCTOBER 20, 2020

In the final interview in our series on ‘ Solving the Procurement Data Dilemma ,’ Gren Manuel speaks to Nic Walden. Nic leads the procurement executive advisory programme in the UK for consultancy The Hackett Group. Technology to drive Procurement as a strategic function. The role of data in the future procurement function.

Manufacturing Procurement 52

Manufacturing Procurement Negotiating Skills Supply Chain Software Procurement 52

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Manufacturing and Assembly The heart of the process lies in manufacturing and assembly. Document processes and provide training to employees to ensure compliance and proficiency.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Each of these tests took 3-4 months to analyze the data, train the teams, and test market factors. In one of the case studies, a manufacturer reported that they had 1700 employees with the term “data” in their title, but they lacked insights.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

The Logistics of Logistics

JUNE 7, 2021

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of?third-party?logistics. third-party?logistics. About Zipline Logistics.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

SCMDOJO

MARCH 15, 2023

Read More: The Challenges and Opportunities of Implementing Artificial Intelligence in Procurement ] What is ChatGPT? ChatGPT, or Generative Pre-trained Transformer models, are a type of machine learning algorithm that has been gaining traction in the supply chain industry.

Supply Chain Design Software 126

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 126

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. Note the lack of training on next-generation supply chain thinking in Figure 1. Coupa is well funded and performed well in the indirect procurement software market. The supply chain career is new. Evolution is messy.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Elementum

FEBRUARY 7, 2024

Machine Learning (ML): The Backbone of Intelligent BPA ML is pivotal in advancing BPA by introducing predictive analytics and decision-making capabilities into automated processes. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Analytics Techniques for Supply Chain 2030. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Precoro

JULY 16, 2023

Overseeing the processes of hiring and training new purchasing team members Providing reports for upper management What It Takes to Become a Good Purchasing Manager Purchasing management might not be for everyone, especially in times of digitalization, when requirements and tools change rapidly following market trends.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Logistics Viewpoints

JUNE 1, 2023

Recessionary environments cause disruptions in the manufacturing industry around the globe, leading to long lead times, shortages, rising prices, and complications in transportation lines. And future supply chains will rely on effective data collection, advanced analytics, automation, and control towers augmented with AI/ML technology.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

ivalua

SEPTEMBER 24, 2020

A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.

Analytics Software 32

Analytics Software Buyer Training Supply Chain Software Manufacturing Procurement 32

Logility

OCTOBER 27, 2021

Businesses can set specific goals to encourage suppliers to be more sustainable or take an indirect approach through training and education. Say, for example, you’re a bag manufacturer and you purchase hardware from a company that you know is sustainable, however you fail to conduct any due diligence on its suppliers.

Apparel 130

Apparel Sustainability Supply Chain Strategy Supply Chain Software 130

Arena Solutions

JUNE 6, 2023

This year’s forum was all about harnessing the power of digital to help manufacturing companies improve efficiencies and deliver better products and services.

Supply Chain Design Software 84

Supply Chain Design Software Innovation Material Savings Demand Planning Software 84

RFgen

APRIL 12, 2024

Others are less visible, such as the cost of administrative tasks for procurement and order management. If you’re in an industry like food and beverage or electronics manufacturing , perishable goods add another layer of complexity. From there, the goods are received and put away in the warehouse.

Inventory Reduction 77

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 77

Unleashed

DECEMBER 12, 2023

An intentional approach to bill of materials (BOM) management is essential for improving the efficiency of your manufacturing process. These components help manufacturers to effectively plan, source, and manage the production process. A BOM typically includes information such as part numbers, descriptions, and quantities of each item.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52