Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Market inflation sits at 7%–the highest since June 1982.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Market inflation sits at 7%–the highest since June 1982.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management. With the latter, the entire order to cash process can be automated with RPA.

Supply Chain Software 246

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

Precoro

AUGUST 31, 2023

Cost saving is about finding an efficient way to keep the expenses on the books but reduce their monetary value. They can offer valuable feedback on the data, as they are more familiar with the realities of purchasing habits. What solutions can we propose for each department? Which solutions should we implement first?

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Unleashed

DECEMBER 15, 2022

Enterprise resource planning (ERP) software can make your work life much simpler. If you’re concerned a single-vendor ERP solution isn’t the right option for your business, it might be time to consider these ERP alternatives instead. Many ERP systems began as single-focus software and later expanded to become giant ERP suites.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 97

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Why supply chain connectivity is important. Cost savings in loose markets.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Image via StarAir.dk). Behind the Maersk shift. Enter Big Tech. Amazon as a carrier. Source).

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). How are companies using SCONs in the real world?

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain Shaman

JANUARY 21, 2014

<In fact, so much so that I wrote a book about it.> Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand Latency: The latency of demand signal due to demand translation of a customer purchase through the supply chain to an order for a trading partner.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

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

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

ThroughPut

MARCH 6, 2024

The ability of AI to process vast amounts of data, predict potential scenarios and outcomes, and recommend intelligent decisions has made it a critical tool in the logistics industry. On Time in Full (OTIF) Deliveries Logistics operations are key to supply chain operations, right from procurement to production and distribution.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies 52

Precoro

AUGUST 1, 2022

Purchasing for the business is universal, but what matters the most is how it’s handled. Read on how to utilize Purchase Requisitions to start the procurement process on the right note. Purchase Requisition Is a First Step of the Procurement Process. What Is a Purchase Requisition. Who Issues It?

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Negotiate Pricing 98

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

Talking Logistics

MAY 22, 2016

Author’s Note: The following is the forward I wrote for a new textbook published by MercuryGate (a Talking Logistics sponsor) on “ Modern Technology for Transportation Optimization ,” which is available for purchase on Amazon.com. Another misperception is that optimization solutions are too expensive to implement.

Optimal Sourcing 101

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 101

ThroughPut

OCTOBER 16, 2022

According to a study by Deloitte , those companies that were best equipped to respond to the disruption driven by the pandemic had robust relationships with their supplier and partners and the required tools in place to offer visibility into their broader supply networks. Real-Time Forecasting.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Logistics Bureau

DECEMBER 9, 2019

Some of their biggest challenges lie in supply chain and logistics management, with many SMEs struggling to access shipping solutions and distribution networks controlled by gigantic enterprises that focus on serving similarly enormous customers. International shipping is complicated, and documentation requirements hard to understand.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

Supply Chain Action Blog

FEBRUARY 25, 2021

If you travel for your company, you likely face restrictions on the amount and/or cost of travel which you can book without very senior level approval. Supply chain planners or buyer/planners are people who must determine how much should be procured, when, and where. These tools are very helpful. These tools are very helpful.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Pricing Training 52

Logistics Bureau

MAY 8, 2023

BOOK NOW If you’d like some help to improve your freight management, please book a free consultation call here. If you’d like to know more about how we can do that, we’ll be delighted to hear from you.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. There is no correlation between technology or consulting partner selection and market capitalization or Price to Tangible Book. The reason?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software. Does it work?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Logistics Bureau

DECEMBER 4, 2023

The picking system works because Amazon sells directly to consumers, so it rarely ships pallets or even sealed cases of any SKU. 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!

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

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. assembly), so they can perform their task and hand the product to the customer – or ship it, as would generally be the case.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Unleashed

FEBRUARY 8, 2023

James Ewing: Procurement Manager at Renewable Parts Ltd. Below are five effective solutions extracted from the roundtable conversation to help manufacturers maintain healthy cash flow despite capricious supply chains. His team rely on Unleashed inventory management software to pull that data and break it down into accessible reports.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

ThroughPut

SEPTEMBER 27, 2021

The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. To ensure that backflow in the supply chain doesn’t drag all the way back to raw material procurement, it is necessary to monitor intermediate checkpoints such as warehouses, transport operations, and so on.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

EazyStock

SEPTEMBER 25, 2018

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

ShipBob

MAY 19, 2022

That’s not to say that it’s easy for small and medium businesses (SMBs) to grow their business internationally , but rather that the solutions to certain obstacles have become more accessible. Goods are shipped from the country of origin to customers located in a different country, crossing international borders.

Global 52

Global Supply Chain Planning Software Negotiating Skills Supply Chain Network Software 52

Talking Logistics

DECEMBER 11, 2014

So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Precoro

NOVEMBER 23, 2022

Three-way matching is an essential step in the procurement flow process that involves cross-referencing three critical documents – purchase order, receipt, and vendor invoice – to determine whether an invoice should be paid. First, the corresponding purchase order is located. What Is Three-Way Matching? What has been delivered?

Procurement Solutions 98

Procurement Solutions Pricing Training Procurement Analytics Purchasing Skills 98

Precoro

SEPTEMBER 1, 2022

Scroll down to learn what record types are in NetSuite, what is Purchase Order record type, and how to find it. What is a Purchase Order Record Type? Purchase Order belongs to the transaction record type. It authorizes the purchase of goods and services. How to Find Purchase Order Record Type in Netsuite.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 52

Enterra Insights

MAY 31, 2019

” The quote finds its origins in Sir Francis Bacon’s book Meditationes Sacrae , which was published in 1597. consumers expect orders, with free shipping, to arrive within three days. ” Here, too, cognitive solutions, like the Enterra Supply Chain Intelligence System can help stakeholders optimize operations.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Claritum

APRIL 25, 2018

Promotional merchandise is a valuable marketing tool that can help to establish brand awareness of a company among consumers. This can result in the products being purchased across the company having an inconsistent quality, which can be damaging to the companies brand. The benefits of purchasing promotional products.

Sourcing Strategies 32

Sourcing Strategies Purchasing Skills Optimal Sourcing Sourcing 32

6 River Systems

JUNE 10, 2019

To top it off, there should be a very competent and organized EDI software and CRM used when working with vendors to keep track of all product serial numbers. Scott has a deep knowledge of the healthcare system and understands that success is tied to high reliability, just-in-time responses and responsible solutions.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Supply Chain Movement

AUGUST 14, 2014

In this edition: Marion Kohlmeier, Head of supply chain planning and project purchasing at Weidmann Plastics Technology. Weidmann Plastics Technology is part of the Techniplas Group and I am responsible for three teams: Logistics planning; pre-series scheduling; and project purchasing. The third team is project purchasing.

Negotiating Skills 87

Negotiating Skills Negotiate Pricing Purchasing Skills Supply Chain Planning Software 87

SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. . Technology Prioritizes Remote Vs. Onsite Engagement.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 52