Logistics Viewpoints

OCTOBER 23, 2024

These practices focus on collaboration, training, data management, and continuous optimization to ensure the DPP system is effectively integrated and maintained. Invest in Training and Education Comprehensive training programs are essential to ensure employees understand both the technical and regulatory aspects of DPPs.

Resource Reduction 291

Resource Reduction Vendor Strategies Inventory Reduction Price Mitigation Strategies 291

Procurement Academy

FEBRUARY 13, 2025

Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success. There is now a pressing need for supply chain professionals to acquire and develop new skills that are better suited to modern organizations.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Buyer Training Supply Chain Planning Software 52

Procurement Academy

JANUARY 30, 2025

This is where digital procurement training comes in, and were going to discuss what it is, how your company can do it, and how to deal with any roadblocks that may get in your way. The ability for your team to be able to extract these insights and identify key trends to drive procurement decisions is now a vital skill.

Buyer Training 52

Buyer Training Purchasing Training Optimal Sourcing Price Mitigation Strategies 52

Logility

JANUARY 30, 2025

Supply chain managers can identify patterns and trends, leading to more accurate demand forecasts and optimized inventory levels. Companies must ensure the right inventory, at the right place, at the right time, and at the right cost. Now, the next step is to train personnel to work with and train AI models.

Modeling 130

Modeling Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 130

SCMDOJO

OCTOBER 30, 2024

As businesses strive to enhance efficiency, resilience, and sustainability, the demand for skilled supply chain professionals has never been higher. For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

Procurement Academy

FEBRUARY 25, 2025

Proper execution of cross-functional training can turn siloed departments into unified and efficient teams; equipping employees with the right skills to collaborate seamlessly across organizations. Of course, the right training is key to the success of such initiatives, and can have a measurable impact on supply chain performance.

Buyer Training 52

Buyer Training Supply Chain Performance Price Mitigation Strategies Optimal Sourcing 52

Supply Chain Matters

OCTOBER 10, 2024

It has been 27 days since workers represented by the IAM labor union rejected a prior tentative contract offer that had been negotiated. John Holden, the lead negotiator representing IAM in these contract talks, indicated to Reuters that striking workers were prepared to wait out the plane maker.

Negotiating Skills 52

Negotiating Skills Buyer Training Manufacturing Procurement Expense Reduction 52

Supply Chain Shaman

SEPTEMBER 20, 2013

There is currently a 9:1 demand to supply ratio for supply chain graduates, and the skill level of new hires cannot stretch to fill the missing mid-management gaps. They can be trained to fill in the process mastery gaps. Cross Train. In our recent studies, 1/3 of employees are asked to own their own training programs.

Supply Chain Planning Software 384

Supply Chain Planning Software Resource Reduction Inventory Reduction Price Mitigation Strategies 384

Procurement Academy

JANUARY 7, 2025

This article will explore key strategies for building supply chain resilience, and how Skill Dynamics can help support your business throughout this transformation. Its extremely difficult to build a resilient supply chain without a skilled and agile team. Take a look at our course catalog and see what would suit your business best.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Optimal Sourcing 90

Procurement Academy

FEBRUARY 17, 2025

Heres why it matters: Relevance through role-based training: Certification enables your team members to gain skills directly applicable to their responsibilities. Role-based training is a tailored approach that translates to real-world results. Explore more about how cross-functional training boosts supply chain performance.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Software Buyer Training Optimal Sourcing 92

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. We explore the concept of holistic inventory strategies focused on the form and function of inventory. 85% of inventory decisions are not managed in Advanced Planning Solutions. Only 15% of inventories are safety stock. I think that the answer is no.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Enchange Supply Chain Consultancy

JUNE 19, 2024

Understanding cost to serve is critical before commencing distributor negotiations. Determine if your sales, marketing, and operational teams are adequately staffed and skilled to support market entry, for example. Training and Development: Assess the need for training programmes to enhance team skills and competencies.

Negotiating Skills 260

Negotiating Skills Supply Chain Planning Software Resource Reduction Analytics Software 260

Precoro

DECEMBER 24, 2024

While AI in procurement is still evolving in the area of supplier negotiations, it is already being used to analyze historical data, market trends, and even external factors like geopolitical risks. Leveraging data patterns to recommend actions like supplier negotiations or risk mitigation strategies.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

MARCH 21, 2021

It is not just about training people in their current role, but it’s also about developing people to the maximum of their potential. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. Based on the findings, a skills enhancement program was created.

Supply Chain Design Software 317

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 317

Logistics Viewpoints

MAY 23, 2024

This involves setting up numerous parameters like lead times, inventory levels, production capacities, and demand forecasts, all of which must be adjusted for different scenarios. Effective scenario testing also requires well-trained users proficient in the system’s functionalities, making it difficult to achieve accurate results quickly.

Modeling 306

Modeling Scenario Planning Supply Chain Planning Software Supply Chain Optimization 306

Precoro

AUGUST 14, 2023

Whether hiring for this role or aiming to be promoted into it, it’s important to identify the most necessary skills for the profession. Note: In this article, we use the terms "procurement manager" and "purchasing manager" interchangeably; for the most part, these positions involve the same skills and responsibilities.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

RFgen

NOVEMBER 20, 2024

Think about it: How much time is wasted hunting down misplaced inventory? These include: Barcode Scanning Devices: These handheld devices, equipped with integrated inventory management apps, enable real-time tracking and data entry. Think real-time inventory visibility across all your locations.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Waste Reduction Cost Reduction Strategies 98

Supply Chain Shaman

APRIL 24, 2025

However, if the buyer wants to buy complimentary solutions, buying and combining solutions might make sense. In the Gartner Top 25 methodology, we find that 59% of the Top 25 winners score below their peer group on average revenue growth, 41% below inventory turns, and 41% below Returned on Capital Employed (ROCE). The reason?

Gartner 195

Gartner Supply Chain Planning Software Supply Chain Planning Scenario Planning 195

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Supply Chain Competency: Focuses on core competencies to optimize operations.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Silvon Software

APRIL 19, 2022

Managing supplier performance can help procurement leaders focus their resources on value-added activities, instead of addressing the problems caused by supplier performance like defects, rush, excessive inventory, delayed delivery to customers, shutdowns, etc. Buyer / Procurement Department KPI s.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Logistics Viewpoints

JUNE 10, 2024

Most of the new in-context GenAI solutions have been pre-trained on 200,000 pages of SAP’s training and technical documents. Further, when users do not follow the recommendations or note that the answer provided is not accurate, their feedback can lead to further training for the AI model.

SAP 325

SAP Supply Chain Planning Software Modeling Logistics Network Optimization Software 325

AIMMS

FEBRUARY 13, 2018

Liberty Global , the world’s largest TV and broadband company, integrated advanced analytics into their S&OP to improve inventory rotation times and demand accuracy. Invest in training and skills transfer . Invest in training for team members that demonstrate an affinity for the field.

Analytics Software 250

Analytics Software Predictive Analytics Network Optimization Software Optimal Sourcing 250

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Continuous learning is crucial for professionals to stay ahead of the curve and enhance their skill sets. Moreover, it covers written and verbal communication skills, negotiation techniques, and conflict-resolution strategies.

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

RFgen

DECEMBER 19, 2024

Training Requirements: Introducing new equipment and processes necessitates workforce training to ensure smooth transitions and maintain productivity. Material Flow: Optimize material flow patterns to accommodate increased volume without creating bottlenecks or excessive inventory.

Material Savings 92

Material Savings Resource Reduction Sourcing Strategies Inventory Reduction 92

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. It is hard to change an industry.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Logistics Viewpoints

OCTOBER 2, 2024

Smart warehouses, governed by standards like ISO 9001 for quality management, are also integrating AI systems to optimize inventory management and automate the loading and unloading processes. Upskilling the workforce through training programs that focus on managing connected vehicles and smart warehouses will ensure a smoother transition.

Warehousing 284

Warehousing Logistics Network Optimization Software Inventory Management Software Supply Chain Planning Software 284

Logistics Viewpoints

MAY 25, 2023

But I’d like AI more to a magic trick, so allow me to direct your attention to the technology behind the curtain to highlight both its risks and its rewards and to share the essential leadership skills AI cannot provide. Any human with a browser can produce this result, since it requires no sophisticated coding skills or knowledge.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Software Negotiating Skills Predictive Analytics Software 284

Procurement Academy

APRIL 24, 2025

Procurement professionals focus on sourcing goods and services, negotiating with suppliers, and managing contracts. It involves sourcing the right suppliers, managing tenders, negotiating contracts, and ensuring value for money. It includes procurement but also spans logistics, production, inventory management, and distribution.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Supply Chain Design Software 52

SCMDOJO

JUNE 14, 2024

But with ever-increasing complexity, skilled professionals are more in demand than ever. The SCMDOJO Supply Chain Track offers a comprehensive supply chain training program to equip you with the knowledge and skills to excel in this dynamic field. The global economy runs on efficient supply chains.

Buyer Training 105

Buyer Training Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 105

ToolsGroup

AUGUST 8, 2019

The planner’s role has expanded to include a combination of technical skills and communications and interpersonal skills. A recent, typical job ad for a demand planner lists technical criteria including APICS and Six Sigma certification, alongside “negotiation, communications, and presentation skills”. .

Negotiating Skills 185

Negotiating Skills Supply Chain Planning Software Supply Chain Software Modeling 185

SCMDOJO

JUNE 7, 2023

As a result, the industry is growing, changing, and becoming more demanding, increasing the importance of language skills more than ever. Let’s learn how language is an important skill in supply chain and operations management. Let’s learn how language is an important skill in supply chain and operations management. 3.

Negotiating Skills 107

Negotiating Skills Buyer Training Negotiate Pricing Supply Chain Design Software 107

Supply Chain Shaman

SEPTEMBER 1, 2019

As can be seen in the analysis, 80% of the industries studied for the report went backward on key performance measurements like cost and inventory management over the last decade. The major gaps are finding employees with the right skills, training on next-generation processes and the lack of executive understanding of supply chain processes.

Supply Chain Software 268

Supply Chain Software Supply Chain Design Software Analytics Software Buyer Training 268

Logistics Viewpoints

AUGUST 7, 2023

It was an IT-led implementation where a planning model was developed, the solution implemented, and then planners – who had not been sufficiently prepared and trained – were expected to use a system significantly different from the legacy systems they were familiar with. Implementing supply planning solutions is hard. Count them!

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Modeling Software 241

SCMDOJO

OCTOBER 3, 2024

Due to the quick movement and fast reaction of global logistics, the new generation entering the supply chain industry must learn and master some vital technical and soft skills. Students must have some essential skills for supply chain management. Negotiation goes hand in hand with communication skills.

Negotiating Skills 98

Negotiating Skills Buyer Training Supply Chain Planning Software Supply Chain Software 98

Jaggaer

FEBRUARY 5, 2025

Negotiation & Contract Award – Once a supplier is selected, the process of finalizing the award and drawing up the contract begins. Moreover, the negotiation phase often involves delicate discussions around terms, risk allocation, and contingencies, which are better handled by human intelligence.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Logistics Viewpoints

FEBRUARY 22, 2021

Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software. Through Demand Forecasting and Inventory Optimization (DFIO), the tool provided all the capabilities in one spot.

Forecasting Software 46

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 46

Bristlecone

JANUARY 8, 2025

AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers. Companies must focus on developing these skills internally with the help of strategic service providers.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 98