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. Much like cracking a whip, a small channel demand flick is amplified through supply processes. Is a comparison of COV of channel demand versus orders sufficient? The reason?

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

ProcurePort

NOVEMBER 17, 2023

In global commerce, the Purchase Order (PO) is a crucial document that facilitates the exchange of goods and services. This document is crucial for a smooth purchasing process. In this exploration, we will examine the concept of a purchase order. It ensures that businesses receive what they need on time.

Procurement 52

Procurement Global 52

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Configure to Order: This strategy involves customizing standard products based on customer specifications.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Reduction of Minimum Order Quantity (MOQ): MOQ refers to the minimum quantity of a product that a supplier is willing to sell.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Gravity Supply Chain

JANUARY 19, 2023

It involves the coordination and integration of various activities and processes to ensure the delivery of products and services from suppliers to customers in a timely and cost-effective manner. By understanding each component’s role in the overall process, companies can better identify potential areas for improvement.

Sourcing Strategies 52

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

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. When you have manual processes, you have these issues. So a simple mispick.

Warehousing 224

Warehousing Distribution Vendor Strategies How To 224

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. The company is boasting its quickest delivery time yet, saying that packages are being prepared for dispatch within 11 minutes of an order placement at same-day facilities.

Logistics Network Optimization Software 231

Logistics Network Optimization Software Albuquerque Logistics Cost Reduction Strategies 231

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

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

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

Logility

NOVEMBER 17, 2023

Stochastic replenishment planning is an advanced inventory management methodology that incorporates randomness and uncertainty into the decision-making process for items with intermittent demand patterns. It leverages stochastic processes and simulations to make informed decisions about when and how much to reorder.

Modeling 204

Modeling Scenario Planning Supply and Demand Demand Planning Software 204

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. With a complete S&OP solution , days or weeks can be eliminated from the planning process.

Optimal Sourcing 175

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

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. Those of us who have lived through Digital Transformation initiatives know that it is not a project with an end date; it is a process, a combination of many projects, and it is best tackled in phases in an agile manner.

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

Logistics Viewpoints

APRIL 6, 2023

The shift from traditional purchasing to a collaborative supply chain network is not just a change in nomenclature; it represents a fundamental transformation in the way organizations manage their supply chains. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

SYSPRO Smarter ERP

APRIL 22, 2024

Orders are up, business is booming, and your manufacturing operation is expanding. An ERP system will allow your business to integrate and manage many key business processes in real-time, increasing productivity and reducing redundancies. Process Standardization An ERP forces a business to operate in a standard manner.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

ivalua

FEBRUARY 10, 2023

Inflationary pressures can cause frustration levels among suppliers due to increased costs or reduced demand from customers, particularly when it comes to repeated orders or fixed pricing contracts. In order to stay ahead of inflationary trends, procurement teams need to be proactive and continuously adjust their strategies.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

OptiProERP

DECEMBER 18, 2023

Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. In this blog, we will see how purchasing and procurement differ. In other words, procurement includes the steps required before, during, and after purchasing commodities from the vendor.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

ProcurePort

NOVEMBER 25, 2020

The same applies metaphorically to businesses, relationships, friendships, teams of all sorts, and the purchase order requisition process. The post Strengthen Your Purchase Order Requisition Process appeared first on ProcurePort Blog. That’s […].

System 52

System 52

QAD

FEBRUARY 20, 2024

The Causes of Stock Loss Sources of stock loss can include: Incorrect part movement Scrap with parts being dropped and damaged Shipping inaccuracy from warehouses and suppliers Manual mistakes in the processes Supplier performance Inaccurate forecasting Split shipments can also cause issues. Many avoidable examples are process related.

Manufacturing Procurement 96

Manufacturing Procurement How To Material Savings Supply Chain Design Software 96

ivalua

OCTOBER 22, 2020

Hence, I thought it valuable to review why the Procure-to-Pay Process flow is so important today and, most importantly, how to realize the potential value of a successful digital transformation. digitization Procurement processes from sourcing to accounts payable is a key strategy. Procure-to-Pay Software mitigates financial risk.

Procurement Solutions 147

Procurement Solutions Supply Chain Planning Software Supply Chain Software Forecasting Software 147

QAD

APRIL 13, 2021

Be sure your component lead times and process flow times are up to date. Automate Business Processes. Some find the process to check every customer order before acceptance takes more time now. Some find the process to check every customer order before acceptance takes more time now. If yes, accept the order.

Demand Planning Software 91

Demand Planning Software Supply and Demand Procurement Analytics Analytics Software 91

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. Sales orders will appear in a logical flow for picking. Group multiple orders. Take advantage of suggested picks.

Manufacturing Procurement 116

Manufacturing Procurement Inventory Reduction Expense Reduction Waste Reduction 116

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

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. In most cases, those processes were still done manually.

Manufacturing Procurement 92

Manufacturing Procurement Manufacturing Purchasing Skills Price Reduction 92

QAD

FEBRUARY 21, 2023

Collaborative processes transform a typical transaction-based association with suppliers into two-way-access and a mutually beneficial relationship. Both parties gain from accurate and timely access to order, shipment, schedule, invoice, inventory and other related information.

Manufacturing Procurement 95

Manufacturing Procurement Supply and Demand Inventory Reduction Demand Planning Software 95

SCMDOJO

SEPTEMBER 18, 2023

Here is a list of some common procurement synonyms: Sourcing Acquisition Purchasing Buying Procuring Acquiring Obtaining Securing Obtaining Stocking Resourcing Attaining Gaining Fetching Obtaining Now let’s get into the meanings of some of these synonyms for procurement: 1.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. This is a fundamental principle of supply chain management, it constitutes a juggling act that is at the heart of any well-orchestrated manufacturing process.

Procurement Analytics 81

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

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). BERT revolutionized understanding and processing textual data. Enter the future of AI in supply chain.

Supply Chain Risk Management 75

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

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. Starting from the need for a one-off product to be fit for purpose off the production process – this implies a focus on quality to ensure the product(s) are delivered as per design.

Manufacturing Procurement 52

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

ProcurePort

MARCH 25, 2020

Chances are your organization, no matter its size, uses a purchase requisition and purchase order process to manage spending in some form. The purchase requisition and purchase order process in procurement, being digitized and automated, can provide your business with a number of key benefits.

Procurement 40

Procurement 40

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 70

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

Supply Chain Game Changer

MARCH 9, 2022

Holistically both types of procurement follow the same process: once a requirement is identified, the buyer is required to find the right supplier. This may include generating a requisition and involving all stakeholders in the process. This document is the first legal contract in the operational procurement process.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 108

crisp

SEPTEMBER 29, 2023

Today, we’re taking a glimpse into the world of Settle, an innovative cash flow management company that is revolutionizing how businesses manage their financial workflow and streamline their purchasing. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

Taulia

JUNE 26, 2023

Blog Expert Advice 8 min read 26 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard The supply chain process: Step by step The supply chain process influences how effectively you manage costs, mitigate risks, and meet customer expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 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.

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Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

SYSPRO Smarter ERP

AUGUST 2, 2023

ERP analytics streamline the non-conformance process, facilitating the management of corrective actions and generating workflows linked to the original non-conformance event. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

SCMDOJO

JANUARY 17, 2024

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. If you’re an undeclared freshman, this is the blog post for you. Planners do exactly that.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69