SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. How is it possible?

Vendor Strategies 56

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 56

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out Outsourcing Sourcing! Then you need Virtual Procurement! We are too small and can’t afford to hire a full-time procurement person. We are busy and just don’t have the time to focus on procurement.”. “We This is a sure sign of the growing level of understanding and sophistication of procurement.

Negotiating Skills 51

Negotiating Skills Purchasing Skills Procurement Solutions Negotiate Pricing 51

Precoro

JULY 18, 2022

Invoice automation software eliminates manual intervention, except in those special cases where a human touch is required, greatly reducing the burden on accounts payable and finance teams. It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Historically, demand forecasting relied on simple tools and intuition, but as supply chains have become more complex and globalized, the need for sophisticated forecasting methods has grown.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Unleashed

MARCH 19, 2024

Software is cheaper than staff – so give employees the tools they need to add maximum value and efficiency. Avoid having too much capital tied up in inventory; use stock optimisation software to set optimal min and max levels based on historical data and sales trends. Get ruthless about technology. Lease big ticket items.

Supply Chain Planning Software 52

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

Supply Chain Shaman

MAY 2, 2016

Software maintenance costs are rising for the CIO. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. They must evolve existing platforms to continue to fund their solutions; but at the same time, they realize that they are not serving the greater need of the market to reinvent the supply chain.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

ToolsGroup

JUNE 27, 2022

Necessity of Supply Chain Planning Software in Vertical Integration. At the back of your supply chain, you’ve got your raw materials being procured. Amazon began as a seller of other publishers’ book titles but then expanded to become a publisher in its own right. The Disadvantages of Vertical Integration.

Price Reduction 156

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

DELMIA Quintiq

MAY 17, 2023

In all cases, it is about managing Earth’s scarce resources so that in principle, countless future generations can enjoy life on our planet with the same quality as we can. This is where DELMIA Supply Chain Solutions with its planning engines will help. Some suppliers are in Europe, whereas some are in Asia.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Scenario Planning Sustainability 156

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. “There was not a lot of structure,” Mr. Henson explained.

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

Supply Chain View from the Field

NOVEMBER 10, 2014

In this blog, I review the new book “Sustainable Luxury” by Gardetti and Torres. This books brings together a series of thought pieces, empirical research studies, and theoretical arguments that provide a broad platform for thinking about sustainable luxury. Luxury, sustainability, and consumption.

Sustainability 68

Sustainability Supply Chain Design Software San Francisco Supply Chain Design 68

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. Pricing, quality and variety are important considerations. They can be easily purchased or copied from elsewhere.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

The industrial equipment and machinery (IM&E) industry needs to start looking at solutions that will handle change in key elements of the supply chain, production operations, and shipment activities without being disrupted. It ties into the ERP system where quotes and purchase orders are managed. The new normal for manufacturers.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Precoro

DECEMBER 5, 2022

Are you planning to implement enterprise resource planning software but have some concerns about budget overruns, project delays, and disruption of business processes? We have all heard horror stories about poorly implemented ERP solutions that take forever to see a return on investment or, even worse, never actually come to fruition.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Procurement Solutions Optimization Software 52

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

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

Pivot88

APRIL 17, 2017

For many years, many strategic sourcing and procurement professionals have been using the cost reduction playbook as a guide for all of their sourcing and procurement activities. THE GAME CHANGER…VALUE PROCUREMENT. Procurement officers are under pressure to deliver value added performance.

Cost Reduction Strategies 40

Cost Reduction Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 40

GlobalTranz

MAY 1, 2015

Transparent supply chain management and effective supply chain visibility is a critical tool in a company’s continued growth and successful brand image. Data can indicate issues with procurement , product quality, and delivery. Buyers are moving away from selection based solely on purchase price and quality discount.

Supply Chain Visibility 120

Supply Chain Visibility Purchasing Skills Optimal Sourcing Buyer Training 120

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. a heavier focus on demand forecasting and more variable inventory purchasing). Catmull mentions in his book Creativity Inc.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Supply Chain Game Changer

JANUARY 15, 2021

Interested in finding a dependable source of warm and high-quality leads to fuel your sales pipeline? Logistics managers and operators, customs brokers, freight forwarders… Businesses should constantly search for and engage potential customers, making sure they are relevant and high-quality. Get Our EBook here.

Supply Chain Software 62

Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy Supply Chain Optimization 62

Logistics Bureau

DECEMBER 4, 2023

However, it embraced it to an unprecedented depth and scale, developing in-house digital solutions to support and manage the strategy. Book Now Let’s talk about your warehouse layout! Book your free consultation. Book Now Ready to review and improve your inventory management? Book a free consulting call now.

Inventory Reduction 73

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 73

Intelligent Audit

AUGUST 5, 2022

Carriers begin to implement changes to their surcharge schedules, and shippers look for ways to get the most customers at the lowest cost without sacrificing product or service quality. The upcoming peak season is also on track to be one for the record books again. It comes on the heels of the two most prominent peaks in history. .

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Procurement Solutions Demand Planning Software 52

Talking Logistics

MARCH 6, 2015

UPS Accelerates Use of Routing Optimization Software to Reduce 100 Million Miles Driven. Amber Road broadened its solution footprint this week by acquiring Hong Kong-based ecVision, “a cloud-based provider of global sourcing and collaborative supply chain solutions for brand-focused companies.”

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Logistics 100

ThroughPut

OCTOBER 7, 2022

Unprecedented situations like the COVID-19 pandemic and its after-effects need solutions that not only learn from historical data but also predict outlier events like COVID-19 and how they can affect your organization with several demand forecasting methods and forecasting models. Plan, execute, analyze with an all-in-one powerful tool.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Supply Chain Game Changer

JUNE 8, 2021

It is easy to critique, blame and make excuses – but the most successful individuals are the ones who focus on solutions and results. There is so much to learn in many functions of supply chain, whether it is IT tools, planning and buying, commodities, global supplier management, logistics, warehousing. Find a mentor.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? An AI-powered tool can help you get this baseline in a matter of minutes. What makes this process easier?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Claritum

JULY 5, 2018

Claritum Article - Procurement Blog. If you can measure it then you can manage it” This statement is so true in the procurement field. Procurement needs to have real time data on the entire supply chain. and the complexity of the information escalates to a level that software tools are essential. Introduction.

Analytics Software 36

Analytics Software Procurement Analytics Predictive Analytics Software Procurement Solutions 36

Bristlecone

JANUARY 19, 2021

It was the uncertainty of whether the product would be available that drove my purchase decision. New sources of revenue and increased staff productivity await logistics service providers. Distributors can create reliable sourcing networks and ensure responsive and scalable customer service. I chose predictable availability.

Supply Chain Visibility 52

Supply Chain Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Regardless, a solution already exists that most data analysts around the world are skilled in: SQL.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. Much of the book was written based on my own recognition that the field needs to change. The principles at the time were certainly appropriate.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

KEPLER Consulting

MARCH 23, 2018

The purpose of this article is to share our experience in the use of machine learning to generate quick saving opportunities and homogenize purchased pricing across business units / regions in large groups. For sure, the traditional should cost approach and solutions can help solve these issues. Examples of software. Advantages.

Negotiating Skills 64

Negotiating Skills Purchasing Skills Negotiate Pricing Material Savings 64

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Agile simply means, according to agilemethodology.org: Agile methodology is an alternative to traditional project management, typically used in software development.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

GlobalTranz

DECEMBER 7, 2015

Manufacturers will seek custom (or specifically tailored) e-commerce solutions. This article from Toolbox.com’s 4 other broad uses of advanced analytics for manufacturers : Improving Quality. Continuous quality improvement requires sophisticated high tech robot systems. Forecasting Demand.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Arena Solutions

OCTOBER 5, 2023

Audit results provide management with the information necessary to better attain operational efficiency by identifying quality problems and correcting issues before they are discovered in an external audit. The latest analytics demonstrate that 81% of consumers say brand trust is a deciding factor when making a purchase.

Quality 52

Quality Optimal Sourcing Supply Chain Planning Software Sourcing Strategies 52

Requis

MAY 22, 2020

He is the Bank of America Distinguished Professor of Operations and Supply Chain Management at NC State University, and is a prolific author of articles and books, most recently The LIVING Supply Chain (co-authored with Tom Linton). In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The CIO budget is hamstrung with system upgrades and software license payments. This is the world view of finance and why there is so much friction between procurement and finance. Barrier #1.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150