ThroughPut

FEBRUARY 2, 2024

Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. Amidst this ongoing turmoil, one thing that a lot of supply chain professionals have been falling back on (with confidence!) is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions? Here are some examples to consider for your business.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. OTR freight represents a long-standing aspect of supply chain operations and transportation management. As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supply chain management. Procurement.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Matters

JULY 5, 2022

Supply chain technology industry analyst and Supply Chain Matters Founder Bob Ferrari provides added perspectives and highlights to last week’s announced acquisition of Starboard Solutions by Logility. This was not the first acquisition of a promising supply chain network design technology provider.

Procurement Solutions 52

Procurement Solutions Network Design Software Supply Chain Design Software Modeling 52

SCMDOJO

SEPTEMBER 8, 2023

MRP plays a pivotal role in achieving this balance: Inventory Optimization : MRP ensures that businesses have just the right amount of inventory—neither too much that it leads to increased holding costs, nor too little that it disrupts production. This metric ensures that production and purchasing activities are timely and efficient.

Procurement Analytics 81

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 81

RFgen

APRIL 12, 2024

To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.

Logistics Network Optimization Software 187

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

SYSPRO Smarter ERP

NOVEMBER 1, 2021

The supply chain was shaken by disruptions and market volatility, and the need for adaptation became immediate. 2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. We live in a time where we can purchase almost anything with a click of a button.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

Unleashed

DECEMBER 12, 2023

This article explores the benefits of good BOM management, the role of a BOM manager, and how to manage your BOMs effectively with best-practice processes, software, and equipment. Effective BOM management is achieved by efficiently performing key production tasks and can be improved with the help of appropriate software and equipment.

Sourcing Strategies 52

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

OptiProERP

MAY 23, 2022

You can also see inventory at locations in other countries and work with suppliers across the globe to broaden your options for material purchases. Greater collaboration – As your business grows, so do the number of employees and the people who need to provide input into supply chain needs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 52

Resilinc

OCTOBER 23, 2023

Read on to hear Craig’s expert insights on the current landscape and what companies can do to accelerate supply chain resilience in the midst of increased supply chain disruptions. Tell us a bit about your background in Life Sciences.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Formulate business requirements Procurement is not just about cutting costs and looking for the cheapest deal.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Because today supply chain disruptions and waste abound. .

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin. What factors will impact commodities in 2023?

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

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

Intelligent Audit

APRIL 12, 2022

With the development of TMS and WMS integrations, analytics in transportation no longer needs to be an untapped resource. Over the past two years, supply chain disruptions have complicated purchasing items as simple as oranges. Let Intelligent Audit Help You Find the Right Solution For Each Shipment.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Procurement Analytics Procurement Solutions 52

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

ToolsGroup

JUNE 27, 2022

Vertical Integration in Supply Chain: To Integrate or Not To Integrate? Necessity of Supply Chain Planning Software in Vertical Integration. Vertical integration is defined as the process through which one company gains control over two or more stages of production or distribution in its supply chain.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

ThroughPut

MARCH 23, 2020

Few people would have foreseen the day where software like Microsoft Teams, Azure Cloud, Office365, and others, would ensure business continuity from widespread, secure, remote connectivity once we could no longer be at the frontlines in Milan due to most recent Italian border restrictions. Let’s think about it in terms of statistical norms.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

Few people would have foreseen the day where software like Microsoft Teams, Azure Cloud, Office365, and others, would ensure business continuity from widespread, secure, remote connectivity once we could no longer be at the frontlines in Milan due to most recent Italian border restrictions. Let’s think about it in terms of statistical norms.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. Going Digital to Interact with Your Ecosystem. blockchain), and video-based collaboration/content sharing.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 91

Supply Chain Matters

AUGUST 22, 2022

CEO Doug McMillon indicated at the time that consumers were being impacted by the effects of high inflation and were purchasing more affordable food and groceries, shunning discretionary purchases. and specifically increased demand for many forms of pandemic related consumer goods. As an example, one year ago, Walmart reported a 5.2

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Precoro

FEBRUARY 12, 2024

Objectives of liquidity management are to ensure that the business has cash on hand to fulfill its financial obligations and weather the storm during both anticipated and unexpected events, like supply chain disruption or abrupt drop in sales, without enduring significant losses. Let’s explore how.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

AFFLINK

SEPTEMBER 19, 2018

This leads to an increased need for tools, supplies, and even services. Individuals purchasing over the holiday season aren't likely to want to wait for their product; in fact, they will often go out of their way to purchase products that will come as fast as possible. During the holidays, all sales activity increases.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 48

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Reliable and responsive suppliers are key for supply chain performance and success and hence the supply chain leaders require not only a strategic approach but also an agile approach towards outsourcing. Strategic sourcing plays a crucial role in supply chain continuity.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

ShipBob

FEBRUARY 25, 2022

When aligned with other KPIs and reports, this metric can be used to gain a bigger picture of how different processes in the supply chain are performing and what needs to be improved. For example, a low OTIF score may be a result of stockouts and supply chain disruptions. Implementing order tracking software.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Still, there are several technologies that are transforming supply chains for the organizations that adopt them. Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

SCMDOJO

JANUARY 17, 2024

Materials Manager Annual salary : $110,340 (median) Required degree : Bachelor’s Materials managers ensure that everyone across the supply chain has enough resources to work efficiently. They are in charge of purchasing, procurement, and sourcing.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

IT Competency: Critical for leveraging technology like smart sensors, AI, and data analytics to enhance visibility and control costs. Figure 1: Identifying gaps in supply chain competency Overall Findings from three segments of industry were identified namely logistics, manufacturing and trading.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

ShipBob

NOVEMBER 15, 2021

The goal of logistics planning is to build a lean and cost-effective logistics operation that can achieve service levels at all times and withstand supply chain disruptions. When you have a strategy for executing your logistics, you won’t be tempted to panic and settle on a more costly solution for the sake of convenience.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98