ModusLink Corporation

APRIL 22, 2024

Electronics components require specific training, facilities, and equipment due to their delicate nature and sensitivity to environmental factors. Consider the unique requirements of your manufacturing process. For high-volume manufacturers, proficiency in efficiently managing large quantities of the same components is essential.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 76

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 76

Procurement Academy

AUGUST 25, 2022

Thus, training in logistics management is rightly prioritized by organizations as optimizing this process can lead to increased profits. It is clear that logistics training is a fundamental factor to successfully manage any company’s operations. So how can organizations train employees for effective logistics management?

Buyer Training 52

Buyer Training Price Mitigation Strategies Training Supply Chain Planning Software 52

Procurement Academy

MARCH 2, 2023

Ewellix, part of the Schaeffler Group, is the leading global manufacturer and supplier of linear motion solutions, which incorporate state-of-the-art designs, components, and digital technology. Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case inventory strategies. . Further, 18% had re-routed freight or re-negotiated with carriers – and 12% absorbed the extra cost. What is just-in-time procurement?

Just-in-Time 98

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logility

MARCH 11, 2024

The aim to change the future of young entrepreneurs, early-career professionals, and school students in Burundi by providing access to technology, educational resources, and training programs that empower individuals to thrive in the digital era. It also provides advertisers the analytics, data, and ability to reach their target audience.

Logility 211

Logility Supply Chain Planning Software Demand Planning Software Supply Chain Design Software 211

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Managing Inventory. Talent gaps: ?

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Inventory Reduction Cost Reduction Strategies 52

Synovos

DECEMBER 4, 2023

Manufacturing plants are now competing for wages that were unheard of five or six years ago,” explains William Brummett, Vice President of New Business Development at RS Integrated Supply, a global Maintenance, Repair, and Operations (MRO) supply chain services company that provides outsourced procurement and storeroom solutions.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Manufacturing 52

Synovos

DECEMBER 5, 2023

They were a new company that had taken over an existing manufacturing plant and lacked the infrastructure needed to keep the facilities in good working order, whether that was buyers to order parts or an accounts team to manage the purchasing process. This means negotiating competing demands.

Manufacturing Procurement 52

Manufacturing Procurement Food Purchasing Skills Supply Chain Software 52

Logistics Viewpoints

DECEMBER 12, 2022

This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

SCMDOJO

AUGUST 21, 2023

Moreover, TikTokers possess a refined skill for generating content that resonates authentically with their followers. Muddassir Ahmed (@muddassirism) | TikTok Niche: Supply Chain Education and Training Follower Count: 4,083 Profile: Dr. Muddassir Ahmed is a respected TikToker specializing in supply chain education and training.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Synovos

JANUARY 24, 2024

By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. 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.

Supply and Demand 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". The question becomes, is there a contract at all, and if so, whose terms govern – the Buyers or the Suppliers?

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Kanban Logistics

SEPTEMBER 9, 2021

The past few years have been quite the rollercoaster for manufacturers. In this article, we’ll look at the latest reports on manufacturing activity, while showing how a third-party logistics (3PL) provider can offer great logistics benefits within the manufacturing industry. Inventories were up 5.3%. Kitting services.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

RFgen

MAY 16, 2023

Inventory drives the supply chain, ensuring the right amount of stock is available in the right place at the right time. That’s why most inventory handlers leverage data. The role of data analytics in optimizing inventory management processes has become increasingly important.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What are its advantages and disadvantages?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. Further, 18% had re-routed freight or re-negotiated with carriers – and 12% absorbed the extra cost. What is just-in-time procurement?

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. Fresh, easy to digest format.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

QAD

JANUARY 19, 2023

Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Function: operation management, logistics and inventory. Let’s dive in.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Supply Chain Game Changer

NOVEMBER 3, 2022

This modern approach allows manufacturers and suppliers to share real-time data about product availability, production, and sales. This information can help companies manage inventory levels and improve customer service and engagement. Procurement Management. Supplier Relationship Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. Efficiently managing inventory is crucial for maintaining optimal cash flow and meeting customer service expectations.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 91

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Order Management Once a quote is accepted, it transitions into an order.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Precoro

JULY 8, 2022

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. There are several undeniable benefits of hiring purchasing managers, as they immediately affect various procurement KPIs. Increased Savings.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

Locus Robotics

JULY 12, 2022

Recent economic pressures and labor shortages have forced manufacturers and factories to become more flexible and efficient, but many don’t know where to start. 14 Manufacturing Trends in 2022. Accessible Automation. Automation is not entirely new in the manufacturing world, but there is now widespread adoption of the practice.

Manufacturing Procurement 52

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

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. Eight core competencies stand out, encompassing crucial aspects of SCM.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

Taulia

APRIL 5, 2023

A more efficient supply chain reduces the cost of procurement, manufacturing, transportation, and other business operations, resulting in higher margins. Focusing on the throughput of raw materials and goods requires seamless synchronization of all stages of the supply chain, from procurement to delivery.

Modeling 52

Modeling Material Savings Modeling Software Optimization Modeling 52

Unleashed

DECEMBER 12, 2023

An intentional approach to bill of materials (BOM) management is essential for improving the efficiency of your manufacturing process. These components help manufacturers to effectively plan, source, and manage the production process. A BOM typically includes information such as part numbers, descriptions, and quantities of each item.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. This estimate is then used as a standard price in the PPV formula.

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Kanban Logistics

AUGUST 13, 2020

If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. Third-party procurement. Third-party procurement services from a 3PL can help.

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98