SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 82

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 82

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 100

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Procurement Solutions 130

Procurement Solutions Procurement Sourcing Strategies Resource Reduction 130

EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. As the name suggests, strategic sourcing has a strategy behind vetting and choosing suppliers.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 95

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 95

ToolsGroup

FEBRUARY 10, 2022

Demand shaping is a supply chain strategy that utilizes tactics such as price and promotion incentives, product substitutions and cost modifications to entice customers to purchase specific items. The demand shaping process also requires the availability of sophisticated tools to sense demand pattern changes.

Inventory Reduction 156

Inventory Reduction Modeling Price Reduction Waste Reduction 156

Supply Chain Shaman

NOVEMBER 11, 2020

As a result, organizations struggle with how to move forward. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. In this blog, I share my thoughts on recent announcements. Kinaxis Purchase of Rubikloud. They are just too risky.

Supply Chain Design Software 312

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 312

Precoro

DECEMBER 11, 2023

In this blog post, we explore what constitutes the strategic sourcing process, how to design and execute such a process, and how it can help your organization thrive. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

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

Gravity Supply Chain

JANUARY 19, 2023

This can be improved by implementing collaborative tools such as cloud-based platforms and data-sharing systems that allow all participants involved in the supply chain to stay connected. The post Guest Blog – How To Identify Supply Chain Barriers To Boost Efficiency? appeared first on Gravity Supply Chain.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Planning Software Supply Chain Software Purchasing Skills 52

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Top 15 Logistics Blog Posts of 2014. Read the Full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Industries are facing the need to plan new strategies and invest more in technology to gain a stronger foothold. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. 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

QAD

NOVEMBER 15, 2022

As one of the first companies to develop software for ADAS and autonomous vehicles , Mobileye has quickly grown into a multibillion-dollar company. The organization sets the foundation for how automotive software companies can structure and monetize their business in this new autonomous industry. . But they didn’t stop there.

Modeling Software 97

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

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts. Let me explain how this works.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

Locus

OCTOBER 7, 2022

Technology solutions for last-mile fulfillment have emerged as the quickest, most practical way to meet these steep consumer demands. However, should a business invest their capital in building and maintaining their solution from scratch, or simply purchase an off-the-shelf solution? How does that bring value to you?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Demand Planning Software Procurement Solutions Eliminating Excel in Purchasing 52

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 52

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. How is AI Improving Supply Chain Management? The post How to Predict the Unexpected and Mitigate Supply Chain Disruption with AI appeared first on QAD Blog.

Predictive Analytics 69

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 69

Locus

NOVEMBER 30, 2023

The pivotal question arises: Should businesses construct their last-mile solution or acquire it from a tech partner ? Pace of Innovation Enterprises must decide how innovation aligns with their logistics strategy. Read Also: Buying vs. Building Logistics Software: How to Choose?

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Optimization Software Demand Planning Software 52

EC Sourcing Group

FEBRUARY 8, 2023

From lost opportunities to higher costs, outdated sourcing methods and traditional sourcing strategies can impede your success and the growth of your business. With the new sourcing methods and strategies available in 2023, you can eliminate those hassles and focus on what matters most—growing your business.

Optimal Sourcing 52

Optimal Sourcing Purchasing Skills Sourcing Strategies Negotiating Skills 52

Zipline Logistics

DECEMBER 5, 2022

While salespeople are fantastic at closing deals, their expertise doesn’t usually include understanding each retailer’s delivery expectations or how to meet them logistically. Survey insights reveal that 90% of retail buyers say a supplier’s ability to deliver on time impacts their purchasing behavior of that brand.

Cost Reduction Strategies 81

Cost Reduction Strategies Price Reduction Logistics Network Optimization Software Price Mitigation Strategies 81

Supply Chain Game Changer

NOVEMBER 7, 2019

To ensure that digitalization within an organization, is systematic and calculated, it’s important to have a digital strategy as a framework and understand what kind of ecosystem you’d like to/need to create. When building a digital procurement and sourcing ecosystem, it’s important to dig into your existing procurement process.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement Solutions 87

Procurement Solutions Procurement Purchasing Training Negotiating Skills 87

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. Indeed, it is a handy tool to locate jobs. This online job search tool also helps you generate a cover letter or professional summary applicable to your work history and experience. I have used Indeed for several years and am very grateful for this tool! Michael Page.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

Supply Chain Shaman

SEPTEMBER 20, 2015

As I sit on the back row, I hear platitudes (A number of concepts positioned at a high level without clarity on how to execute). When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? How do they buy from you? How will the policy be executed?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

QAD

FEBRUARY 7, 2023

Being able to score each supplier based on the factors that affect your success gives you visibility into the overall value of each supplier and how to strategize and optimize the relationship. Those in charge of SRM must establish a strategy that generates a beneficial relationship for both parties.

Price Reduction 97

Price Reduction Material Savings Vendor Strategies Inventory Reduction 97

Supply Chain Game Changer

SEPTEMBER 10, 2021

And while there are a number of strategies for increasing profit margins, you might consider these first to boost your E-Commerce business. A social media presence is essential in today’s e-commerce world where recent data suggests that more than 44 percent of global internet users purchased products through a social media site.

Supply Chain Design Software 89

Supply Chain Design Software Forecasting Software Optimization Software How To 89

ThroughPut

DECEMBER 4, 2022

Using an AI-driven retail replenishment software and planning solution that tracks inventory can help planners easily forecast and balance store demand to provide accurate SKU level replenishment. Data-driven forecasting builds accurate information pipelines based on patterns of purchase and forecasts of global trends.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

QAD

MAY 21, 2024

She recommends a tailored risk mitigation strategy for each part. Uhl’s experiences provide a look into the supply chain topics that can truly provide the Chief Procurement Officer and other supply chain leaders seeking to modernize their supply chains, with ideas for how they can increase supply chain transparency and resiliency.

Automotive 84

Automotive Supply Chain Planning Software Supply Chain Software Supply Chain Planning 84

QAD

AUGUST 16, 2022

So, how can manufacturers respond to these challenges? How to Effectively Manage Fragmented Supply Chains. All these posts point to the need for visibility and solutions that foster collaboration in the supplier ecosystem. Supplier visibility provides analytics and insights to inform your strategy.

Optimal Sourcing 91

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 91

EazyStock

NOVEMBER 19, 2020

But when looking at the bigger picture the ‘best-price’ is not always the most cost-effective way to procure a product. A smart stock replenishment strategist will understand supply and demand nuances around the items being ordered and consider factors such as: Lead times – how quickly is the order needed? optimizing inventory levels.

Optimal Sourcing 98

Optimal Sourcing Negotiating Skills Inventory Reduction Purchasing Skills 98

Supply Chain Shaman

NOVEMBER 2, 2018

How Do We Connect Supply Chain Planning Architectures to Transportation Planning? The software planning footprints are reminiscent of the work done in the 1990s when we struggled with insufficient memory using 32-bit hardware. The groups of supply planning, procurement and logistics operate within silos. Not much has changed.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 170

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

EC Sourcing Group

JUNE 28, 2022

Tail spend examples include purchases that are often too small to go through procurement, such as basic office supplies or employee gifts. Because purchases are small, they usually fall through the cracks, making it tough to gauge your overall spend. Keep in mind that tail spend encompasses many purchases and definitions.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Analytics Software Optimization Software 52

Arkieva

JANUARY 6, 2017

Over the past year, the Arkieva Supply Chain Link Blog provided thought leadership and informative posts on supply chain strategy tips, trends, and news. Just in case you missed some of our supply chain strategy posts , we’ve compiled a list of our popular supply chain posts from 2016 below (ranked based on shares and views).

Inventory Reduction 62

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 62