The Logistics of Logistics

SEPTEMBER 12, 2020

The department educates students to succeed in careers such as procurement, manufacturing, inventory management, warehousing, transportation, and customer service. Students graduate with foundational knowledge across all areas of SCM, positioning them to work in multiple capacities for the top global companies. Supplier development.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Supply Chain Game Changer

NOVEMBER 8, 2022

With the design of any product or service it is necessary to establish viable and reliable sources of supply. That is the job of the Procurement team. Wisely chosen these suppliers will also serve as a source of competitive information and competitive advantage. Inventory Positioning.

Supply Chain Design 114

Supply Chain Design Supply Chain Planning Supply Chain Strategy Manufacturing Procurement 114

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Sustainability is definitely coming of age in Asia. By enabling customer access to supplier information, including sourcing of materials, as well as environmental performance data, all parties in the supply chain, can be made more accountable. It provides capacity where and when organisations need it most.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

Supply Chain Shaman

JUNE 23, 2020

Automating the current platform of a conventionally-held definition of planning is insufficient because the design of the planning platform– in the face of the pandemic –is quickly becoming outdated. Most of the optimization focus in the traditional software solution focuses within a function of source, make or deliver.

Supply Chain Design Software 299

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 299

Supply Chain Game Changer

JUNE 11, 2019

” we look at 10 different definitions. While there are many choices, all of which have great elements, we will refer to this definition provided by [link]. ” This definition gives a great overview. supplychainmanagement #humanresources #procurement #logistics #jobs. An Incredible Skills Development Platform.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

QAD

SEPTEMBER 22, 2022

Supply chains need to “ predict, prepare, and respond to rapidly evolving demand and a continually changing product and channel mix,” the very definition of agility. Build Scalable Capacity. Related to making a shift to e-commerce is the recommendation to build scalable capacity. Sustainability.

Supply Chain Software 96

Supply Chain Software Agile and Lean Supply Chain Demand Planning Software Modeling Software 96

EcoVadis

APRIL 23, 2016

Today we welcome a guest blog post from procurement practitioner. Alis Hemmingsen, Category Manager at Velux, who also blogs at Responsible Procurement Excellence. Finding, evaluating and selecting suppliers is a process which is key to any procurement professional. Understand the Facts, and the Market. Build the Strategy.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 40

Precoro

JUNE 6, 2022

We'll dive into specifics: Vendor and supplier definition What are the main differences between them Tips for managing relationships with vendor and supplier Risks involved in both cases When to use vendors and when to use suppliers FAQ Vendor vs. The vendor, however, is at the other end of the supply chain. When to Work With Vendors.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Supply Chain Game Changer

OCTOBER 8, 2020

The focus is definitely on the efficiency of operations relating to technological applications. The abbreviated Wikipedia definition is “any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.” The big question is; are you ready? If not, perhaps we can help.

Predictive Analytics Software 74

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 74

Supply Chain Matters

DECEMBER 13, 2022

Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. Coupa Software Enters Definitive Agreement to be Acquired. In light of the announced definitive agreement, Coupa elected not to host an earnings briefing with investors or provide future financial guidance. Reportedly: “.during

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

Supply Chain Shaman

OCTOBER 8, 2019

As shown in Figure 1, at a recent client engagement, there is a strong and clear process definition of the budget process and the lack of clarity and discipline in the demand flows for the supply chain. The organization, tightly capacity-constrained failed to forecast and build capacity ahead of market demand. Tax and tariffs.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

DynaSys

DECEMBER 8, 2021

These difficult events allowed us to extend our S&OP with the materials procurement department, which is now a strength. Does it mean you have included the sourcing and procurement departments in your global S&OP meetings? David Bourgoin] Yes, definitely. David Bourgoin] There are definitely plans in progress.

S&OP 52

S&OP Supply and Demand Supply Chain Planning Software Material Savings 52

Logility

MAY 25, 2022

Manufacturing capacity is severely diminished. Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. However, as Gartner noted, the definitions of the activities that should be included are unclear in most cases. Let’s face it ?

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 130

NC State SCRC

AUGUST 14, 2020

These have to be firm contracts – asking Manufacturers to “reserve” capacity/quantities of material to supplement the SNS is not going to happen. In many industries, sourcing executives have embedded their supply chains in Asian regions, noting that “…these jobs will never return to Western countries. ”

Manufacturing Procurement 64

Manufacturing Procurement Material Savings Sourcing Strategies Vendor Strategies 64

Supply Chain Matters

AUGUST 11, 2022

In a previously published Part One look back commentary , we noted how outlooks for the global economy and for business uncertainties have significantly changed at the mid-year mark as the global economy shows definitive signs of uncertainty and lowered momentum. We referenced legislative efforts such as the U.S.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Cost Reduction Strategies Supply Chain Strategy 52

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Electronic Data Interchange (EDI) does not meet this definition.

Supply Chain Network Software 286

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 286

QAD

OCTOBER 4, 2023

Armed with in-depth insights into procurement, inventory management, supplier performance, order management, fulfillment, and more, companies can improve their processes and better manage challenges that arise within their businesses with supply chain analytics. What is Supply Chain Analytics Software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Matters

DECEMBER 13, 2023

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Sourcing Cost Reduction Strategies 52

Enterra Insights

NOVEMBER 29, 2018

A supply chain is an end to end process which typically begins with the sourcing of raw materials and concludes with the sale of a good to the final customer.”[1] ”[1] Although it’s accurate, that simple definition of a supply network and supply processes fails to capture the complexity of today’s modern supply chain.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

Supply Chain Matters

JULY 26, 2022

Our previously published commentary authored by The Ferrari Consulting and Research Group provided a mid-year assessment of our specific 2022 prediction that restoring more direct control of tactical and strategic materials sourcing would be a driving force for businesses and their supply management teams during 2022.

Material Savings 52

Material Savings Supply Chain Planning Software Sourcing Strategies Modeling 52

Supply Chain Matters

SEPTEMBER 17, 2022

A further factor was that air cargo rates are now down upwards of 80 percent because of lower volumes and excess capacity among carriers and commercial airlines. As for the canary, the signal is definitely one of higher added concern and caution. Are holiday forecasts too optimistic? Are holiday forecasts too optimistic?

Cost Reduction Strategies 59

Cost Reduction Strategies Resource Reduction Inventory Reduction Sourcing Strategies 59

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 93

ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Optimization Software Procurement Solutions 130

Proxima

JUNE 24, 2020

Before, retailers may have been forgiven for surrendering to the lure of competitive prices, available capacities, and supplier capabilities in low-cost countries in return for our ignorant demand for “fast fashion,” but no more. You may be claiming ethically sourced clothing, but what about the hangers that they sit on?

Retail 52

Retail Supply and Demand Supply Chain Planning Software Just-in-Time 52

Supply Chain Game Changer

MARCH 8, 2022

There are innumerable sources including the company’s website, social media, government filings, reviews and commentary, that can help inform a candidate on what the company is all about. Given this wide definitional spectrum it is important for the candidate to have their own ideas as to how they view Supply Chain.

Supply Chain Planning 117

Supply Chain Planning Supply Chain Strategy Supply Chain Supply and Demand 117

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More. Supplier KPIs.

Optimal Sourcing 121

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 121

Supply Chain Game Changer

NOVEMBER 9, 2018

And those highways only have so much capacity. This Rush Hour period will stretch your capacity to the limit. You will be out of capacity and everything will grind to a halt. Again let’s consider each of the nodes in your Supply Chain to be “highways” By definition any highway only has so many lanes.

Supply Chain Planning Software 43

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain Freight 43

Supply Chain Shaman

JANUARY 2, 2023

Definition. Definitions of Planning Horizons. Don’t fall prey to discussions that are not grounded in the basic definitions. Discussions devoid of definitions are the favorite ploy of the Supply Chain Conquistadors.). In this process, sadly, there is little definition of the model. Merriam-Webster.

Supply and Demand 391

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 391

ThroughPut

MAY 5, 2020

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. Adjusting the utilization of existing capacity by adjusting load size or engaging third-party logistics (3PL) firms when needed. Procurement costs. Inventory costs.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

ThroughPut

MARCH 25, 2024

Let’s get started with definitions, differences and benefits. On the other hand, demand planning turns these forecasts into actionable plans, considering aspects like inventory levels, production schedules, and procurement. It enables better capacity planning, more efficient use of resources, and improved customer service levels.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

ThroughPut

MAY 5, 2020

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. Adjusting the utilization of existing capacity by adjusting load size or engaging third-party logistics (3PL) firms when needed. Procurement costs. Inventory costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

UTC helps give a clearer picture of what a specific source of supply actually costs and it is most useful when selecting or negotiating with suppliers. Adjusting the utilization of existing capacity by adjusting load size or engaging third-party logistics (3PL) firms when needed. Procurement costs. Inventory costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

Precoro

FEBRUARY 12, 2024

In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams. It compares the company’s current assets against its current liabilities, indicating its capacity to settle short-term debts within a year.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. Many also extend to inventory management, order management, procurement, and production. Procurement can be a complex process in a manufacturing environment.

Supply Chain Planning Software 119

Supply Chain Planning Software Manufacturing Procurement Supply Chain Software Procurement Solutions 119