Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

Logistics Viewpoints

DECEMBER 12, 2022

Neither of the customers highlighted in this article fall into that category. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company. The fast-growing company generated over $5.5

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Ware2Go

APRIL 20, 2023

Learn how to calculate inventory days on hand and how it can help improve cash flow and the overall efficiency of your business. Written by Phyllis Jackson What Is Inventory Days on Hand? Inventory Days on Hand is a measurement of how many days it takes a business to sell through their stock of inventory.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Optimization Software 52

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

ShipBob

DECEMBER 13, 2023

The success of any ecommerce business depends greatly on how it manages its inventory health. Now, for some, inventory health may not be an immediate concern. You might say, “I’ll just order plenty of inventory and wait until it sells out.” What is inventory health?

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

The Logistics of Logistics

JUNE 23, 2022

Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. Q2: The Produce Shipping Season.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 237

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. This article will explore why disruptions happen, and how the industry deals with them as they come. Consumers dealt with skyrocketing prices and unprecedented shortages.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. The answer to this question is complex.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Unleashed

JUNE 1, 2023

At a certain point, manual inventory management becomes no longer feasible. In this article, we explore a popular solution: the perpetual inventory system. Perpetual inventory systems begin with a physical inventory count that is then recorded electronically.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Ware2Go

NOVEMBER 3, 2021

Learn how to calculate inventory days on hand and how it can help improve cash flow and the overall efficiency of your business. What Is Inventory Days on Hand? Inventory Days on Hand is a measurement of how many days it takes a business to sell through their average stock of inventory.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Optimization Software 52

SCMDOJO

MARCH 19, 2024

This article describes a streamlined supply chain department, ultimately leading to increased productivity and profitability. While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

SCMDOJO

MARCH 27, 2024

Hence, regardless of your specific aim, this article will shed light on the top software you need. That includes inventory tracking, order management, demand forecasting, and logistics planning. 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Cons: It is more focused on procurement.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

In the article My Visit to Energy Observer – A Tour into the Future of Ocean Travel , I wrote how using the sun, the wind and the ocean’s own water was being used to send one research vessel around the world emissions free. For visualizing a products next life or “end of product life”, I will be focussing on packaging. #1

Optimal Sourcing 162

Optimal Sourcing Supply Chain Planning Software Singapore Logistics Network Optimization Software 162

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

Feature Article by Dr. Raymon Krishnan – President at the Logistics and Supply Chain Management Society. This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. For instance, law firms and consultants in the U.S.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 130

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

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. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Supply Chain Game Changer

NOVEMBER 8, 2022

From Click to Ship in 4 Minutes! That is the job of the Procurement team. But more than just finding sources in response to demands from the R&D and Design teams, intelligent Procurement teams are also proactively searching for and qualifying sources in anticipation of future needs. Inventory Positioning.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. The following article highlights some of the key points made by Mr. Elias and Mr. Stauffer. The sourcing centers shipped over 130,000,000 pounds of product last year.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". As I’ve mentioned in previous articles supplier relations are an essential component of a sustainable and functional supply chain.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD and its 75,000 employees ship more than 45 billion devices annually to customers in over 190 countries. Do I need more inventory? Procurement managers need to focus on more than just saving money.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

3PL Insights

DECEMBER 13, 2021

Acquiring the products, procuring shipping materials, finding storage space, and hiring employees to fulfill the orders make a startup very difficult. By utilizing a fulfillment center, you can lower shipping costs, make box assembly more efficient, and ensure more on-time orders. Order Processing Challenges.

Material Savings 98

Material Savings Procurement Solutions Inventory Management Software Purchasing Training 98

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

This article explores 10 possible areas in which can help at each stage of the flow in Supply Chain Management. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Inventory Management. Purchase Order Management. Contract Review.

Supply Chain Software 246

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

Unleashed

MARCH 19, 2019

Inventory management in an on-demand world is one of the biggest challenges in the supply chain today. Inventory management involving brick-and-mortar stores as well as eCommerce is ever-evolving and more dynamic than ever before. What if the distribution centre manages both store and eCommerce inventory stock?

Inventory Management Software 68

Inventory Management Software Inventory Management Inventory Reduction Demand Planning Software 68

Supply Chain Shaman

DECEMBER 28, 2020

Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. When compared to pre-recession years, we ended the decade with twenty more days of inventory. Days of Inventory Comparison. Now, let’s take consumer products. What can we learn?

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Ware2Go

FEBRUARY 20, 2023

Simplify the Supply Chain According to a recent article by the Harvard Business Review , a simpler way to modernize your supply chain is to focus on four key areas: visibility, collaboration, optimization, and supply chain resiliency. To learn more about how Ware2Go is simplifying the end-to-end supply chain, take a look at our solutions.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 98

SCMDOJO

DECEMBER 18, 2023

Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Improving Employee Productivity: A well-managed spare parts inventory ensures that employees can swiftly access the components they need. Ready to enhance your spare parts management?

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

SCMDOJO

DECEMBER 14, 2023

Studies say that 25% of customers won’t buy something unless it can be shipped in two days or less. This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. Not having the necessary materials or products when they are scheduled to arrive can delay the entire shipping process, even if one small part is missing. Procurement Cost. Inventory Turnover (Cash). Subscribe Here! Email Address.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

QAD

AUGUST 16, 2022

Global supply chains are suffering from what a recent research article from J.P. In a recent article from Procurious , the authors suggest: “A modern spend management strategy requires visibility into your suppliers’ practices as much as your own. Supplier visibility provides analytics and insights to inform your strategy.

Optimal Sourcing 94

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 94

Elementum

SEPTEMBER 30, 2021

Colleges are Taking Notice A few weeks ago, I saw an interesting article from Bloomberg making its rounds through many of the popular online supply chain forums. The article’s a good read as supply chain is more important than ever as evidenced by many of the disruptions from the last 18 months. Provocatively titled, “Forget Finance.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 147

Supply Chain Game Changer

NOVEMBER 3, 2022

This information can help companies manage inventory levels and improve customer service and engagement. This tool allows you to exchange electronic documents like orders, invoices, and shipping notices via an electronic data network (EDN). Procurement Management. Supplier Relationship Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Logistics Bureau

APRIL 3, 2023

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Game Changer

APRIL 16, 2021

Amazon FBA advantages and disadvantages article and permission to publish here provided by Sheikh Fareed. To break it down – either you can pack and ship an order yourself, or you can leave the heavy lifting to Amazon. If your product is being sold under Amazon FBA, the retail giant picks, packs, and ships your orders.

Expense Reduction 91

Expense Reduction Inventory Reduction Cost Reduction Strategies Price Reduction 91

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

IDC also forecasts that by 2023, 30 percent of Asian enterprises will ship freight using a SaaS-enabled platform, resulting in improved efficiencies in load matching and reduced shipping costs. This is achieved by AI and ML which delivers more accurate optimised inventory, minimising overproduction and potential errors.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223