Supply Chain Shaman

SEPTEMBER 13, 2023

In a recent blog post, I was challenged by Anna. ” Anna, this blog post is for you. ” Anna, this blog post is for you. For LKQ Europe , as shown in Figure 1, testing on brake pad distribution showed that the bullwhip effect was 48% between channel demand and the customer order. The reason? I don’t know.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

ProcurePort

MARCH 23, 2022

Efficient software for purchase order management allows procurement teams to cut sourcing and procurement costs, improve vendor relationships, and ultimately the company’s bottom line. But what exactly is purchase order software […].

Procurement Solutions 52

Procurement Solutions Purchasing Skills Software Optimal Sourcing 52

Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Supply Chain Shaman

JANUARY 2, 2023

This blog post started a series of telephone calls. In this blog, I try to answer both questions. This blog post may seem a bit basic for some. A model outside of lead time is tactical, whereas a model within lead time is operational, and a model within the order duration is an executional signal. Definition.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Gravity Supply Chain

JANUARY 19, 2023

By managing data accuracy, freight forwarders and 4PLs can work perfectly on cargo and transportation without any barriers, which will ultimately lead to improved efficiency within their operations and better customer service. Labor Shortage The labor shortage has become a major barrier to efficient supply chain management.

Sourcing Strategies 52

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

Logistics Viewpoints

DECEMBER 1, 2023

The top gifts were clothes and accessories, which about half of those surveyed purchased, and toys, which nearly a third of people surveyed bought. To help manage the holiday rush, Amazon is using artificial intelligence to offer customers even faster deliveries. Walmart is also pushing to speed up delivery of online orders.

Logistics Network Optimization Software 231

Logistics Network Optimization Software Albuquerque Logistics Cost Reduction Strategies 231

Logistics Viewpoints

AUGUST 31, 2023

Please follow along with me as I share the stories and solutions in part 1 of this two part blog series. Somehow, rather than sending me the single battery I ordered, they sent me a charger, which I had already ordered from another website. How many future parts might I have purchased from this vendor?

Warehousing 224

Warehousing Distribution Vendor Strategies How To 224

Supply Chain Shaman

APRIL 26, 2022

In this blog, I start with a background on the definition of supply chain taxonomies–those that are the basis of reporting in something like the Gartner Magic Quandrant. The traditional taxonomy assumes that the order is a good proxy for demand. Direct material purchasing starts with quality. They are different models.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

GlobalTranz

JANUARY 7, 2015

Yesterday we had said we concluded our most popular blog posts by category for the blog posts written from our major categories for 2014. We featured out of our 200 plus blog posts in 2014, over 50 blog posts in the manufacturing category. Top 11 thru 20 Most Popular Manufacturing Blog Posts of 2014.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Purchasing Skills Sourcing Strategies 120

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. While purchasing was primarily concerned with obtaining goods and services at the lowest possible cost, there needs to be a more strategic approach.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Supply Chain Matters

JANUARY 23, 2024

According to a published AWS News Blog , the modules are designed to help customers collaborate with suppliers across multiple supply chain tiers. The module supports manual and EDI centric collaboration on purchase orders while helping to identify supplier risks. All rights reserved.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 59

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

Logility

DECEMBER 15, 2023

With the combination of advanced inventory management, modern demand planning, and a finely sales and operations process, F&B businesses can navigate fluctuating customer demands, stringent regulations, and a steady flow of new product launches. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. But corporate procurement isn’t quite as simple as placing an order on Amazon or another web marketplace. Basic Responsibilities.

Manufacturing Procurement 95

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 95

QAD

MARCH 15, 2022

As a result, they generally process a high number of purchase orders, which generates a high number of invoices that must be paid. The accounts payable team is required to ensure that supplier invoices match the terms on the associate purchase order. This activity falls to the accounts payable department.

Manufacturing Procurement 92

Manufacturing Procurement Manufacturing Purchasing Skills Price Reduction 92

Freightos

JULY 1, 2015

Same goes for books, groceries, taxis, banking, canoe and even B2B purchases. Lets start with the sheer complexity of rate management. Forwarders may be able to automate freight rate management at their own offices. The sheer complexity of rate management, tendering and rate quoting beg for automated solutions.

Freight 120

Freight Eliminating Excel in Purchasing Price Reduction Supply Chain Software 120

ProcurePort

AUGUST 24, 2021

Can purchase order management software improve efficiency for procurement teams? The post Efficient Purchase Order Management Software appeared first on ProcurePort Blog. The question of efficiency is one that every procurement team is seeking answers for. The more suppliers you have to […].

Procurement Solutions 52

Procurement Solutions Software Optimal Sourcing Procurement 52

Logistics Viewpoints

SEPTEMBER 20, 2022

In this blog, I’ll try to shed more light on it with examples from our work with our customers. In this blog, I’ll focus on the Q-commerce case. They can adjust quantities and generate supplier replenishment orders in PDF or Excel as needed. Composability as an Enabler of Agility & Resilience.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

OptiProERP

DECEMBER 18, 2023

Managing, planning, and tracking finance is very important when it comes to the outflow of cash. Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. In this blog, we will see how purchasing and procurement differ. The Purchase Order is a critical document.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

Logility

NOVEMBER 17, 2023

Conquer Intermittent Demand with Stochastic Replenishment Planning Industrial durables companies face the perpetual challenge of managing items with intermittent demand patterns. These items often exhibit sporadic and unpredictable fluctuations in demand, making traditional inventory management methods less effective.

Modeling 204

Modeling Scenario Planning Supply and Demand Demand Planning Software 204

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Establish a layout based on order picking. You don’t even necessarily need a warehouse management solution (WMS) to take advantage of this time-saving technique.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

SYSPRO Smarter ERP

APRIL 22, 2024

Orders are up, business is booming, and your manufacturing operation is expanding. You lack visibility into your finances Inventory management is challenging and you either find yourself running out of material or overstocking your supplies, tying up cash. Be clear on the costs associated with an ERP purchase.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

ProcurePort

AUGUST 4, 2021

Slow purchase order processes can significantly hamper your business operations. There is no place for archaic legacy purchase order processing systems if you want to be competitive and realize cost savings. This is where online purchase order software comes into play. appeared first on ProcurePort Blog.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Software How To 52

The Logistics of Logistics

MARCH 16, 2022

Esther is the Chief Revenue Officer at Flowspace , an ecommerce fulfillment platform that helps brands meet their customers’ post-purchase expectations. Flowspace is an ecommerce fulfillment platform that helps brands meet their customers’ post-purchase expectations. Flowspace Blog. About Esther Kestenbaum Prozan.

Supply Chain Network Software 188

Supply Chain Network Software Supply Chain Planning Software Network Optimization Network Optimization Software 188

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, It makes supply chain risk management more proactive and helps customers mature their SCRM programs.

Predictive Analytics Software 97

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 97

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. Emergency Purchase Rate. Emergency purchases are bad news for your business costs, continuity, and planning, and they also increase supply chain risk.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Here are some compelling reasons why diving into supply chain management is a fantastic career choice. Click here to access the course: How to Start a Career in Supply Chain Management? It is the era of digitalization.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

SYSPRO Smarter ERP

APRIL 4, 2024

Make-to-Order (MTO) manufacturing is the production of specialized or unique one-off products in quantities ranging from one to small production runs. Planning and risk management MTO manufacturers must be able to plan effectively and manage the risks associated with the variability of customer demand and material supply.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Precoro

APRIL 18, 2023

In this blog post, we'll answer the following questions: What is supply chain visibility? For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing).

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Matters

MARCH 6, 2024

Introduction Our Supply Chain Matters blog commentaries reflecting on retail industry supply chain performance have been focused on the various market, supply chain and customer fulfillment challenges that retailers have been addressing in the pre and post-pandemic period. Net income was reported as $30.4 billion in 2022.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

QAD

MARCH 31, 2020

They’re complex machines assembled from thousands of parts, many purchased from highly specialized manufacturers. Inevitably, the procurement process is complex and challenging to manage. Our full case study provides details of how the QAD Supplier Portal helped ANCA streamline their purchasing processes.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

Resilinc

DECEMBER 5, 2023

In this new multi-part blog series, we address the possibilities of supply chain AI and how new capabilities and machine learning algorithms are revolutionizing supply chain risk management (SCRM). To achieve this, we utilized historical purchase order data from customers and Resilinc’s 12+ years of supply chain data.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

SYSPRO Smarter ERP

OCTOBER 9, 2023

Cost efficiency, quality management and traceability are major issues for companies in this region. The question company managers face is what software solution can help them keep machines busy as well as monitor performance and progress in their areas of concern. The significant cost items are labor, materials and machinery.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111