Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. The network a company gains visibility to with their control tower is just one of many networks.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Asset relocation takes time. But, even then, the relocation of capacity is not a snap of the fingers.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

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. It’s rare for ocean liners like Maersk to live in the same category as tech giants like Amazon or Alibaba.

Price Reduction 177

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

Supply Chain Shaman

JUNE 23, 2020

This type of response is just not helpful. I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. ” When this happens, I sigh. They did it.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Logistics Viewpoints

MARCH 29, 2021

The majority of make the stock items are tied to just-in-time or other supply chain value-added service program with their customers. A Value-Added Service (VAS) team can provide on-site management, installation, equipment, inventory management (just-in-time deliveries), heating solutions, and testing.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Game Changer

AUGUST 5, 2021

Over time I’ve had the opportunity to adopt these recipes; handwritten on the back-side of 1950’s newspaper scraps or in such faded ink that one can just barely see it reads ‘teaspoon’ not ‘tablespoon’. Leadership is always important, but increasingly important in times of crisis & uncertainty.

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. They do not relate to any overall company procurement goals and objectives. Others will have a purchasing or supplier management board at the senior management level. How is it possible? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Agri-food supply chains under pressure The discipline of agri-food supply chain management aims to bridge the supply and demand gap of agri-food chains to achieve optimal place and time utility. In terms of time, the agriculture sector also needs to deal with seasons, where harvesting goes in cycles.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It aims to ensure you always have enough raw materials available to meet demand and maintain production levels while avoiding operational lost time. Let’s dive in. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

OCTOBER 6, 2021

It may also be useful to use KPIs for your most important suppliers – for example KPIs for goods and services are delivered, whether they are on time, and whether they meet quality expectations. At the same time the benefits remain, since the vendor still collects a profit from the product being sold through their online systems.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Enterra Insights

SEPTEMBER 29, 2021

It was designed with linearity in mind: a singular focus on minimizing transport costs through building high-capacity, point-to-point distribution infrastructure. And as global trade has accelerated in recent decades, greater levels of investment and manpower have been dedicated to expanding capacity to achieve cost efficiencies.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 130

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 91

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 91

Enterra Insights

FEBRUARY 4, 2022

The short answer is that both soldiers and civilians need to eat and obtaining food requires careful planning — especially during times of shortages. There just isn’t always enough processing and transportation capacity to meet rising demand as the economy revs up. What does shopping have in common with war? ”[1].

Military 130

Military Food North America Supply and Demand 130

ThroughPut

FEBRUARY 23, 2024

Just about everyone in the supply chain gets negatively impacted by wrong forecasts. Just about everyone in the supply chain gets negatively impacted by wrong forecasts. With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Inventory pile-ups.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Resilinc

DECEMBER 5, 2023

Shahzaib Khan discusses Resilinc’s journey toward AI-driven supply chain excellence From its early inception in the 60s’ to its increasingly available public access, artificial intelligence (AI) has come a long way. In some cases, it feels like AI is just starting to take off. Enter the future of AI in supply chain.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Logility

FEBRUARY 13, 2017

In the previous posts we have looked at the misdirected focus on historical information, the belief spreadsheets can support a robust S&OP process, the “S&OP is too rigid argument” and the idea that S&OP is a real-time response planning process. Raw and WIP inventory takes time to procure, build and transport.

Manufacturing Procurement 100

Manufacturing Procurement Agile and Lean Supply Chain Lean Supply Chain Planning Software 100

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. In a manufacturing setting, this step involves the purchasing of raw materials and production equipment.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. Such constraints include things like lead times, supplier capacity, and minimum order quantities.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. I am sitt ing in seat 4E on an evening flight to San Francisco thinking about my day.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. So, you are thinking about a career in supply chain? 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

OptiProERP

JANUARY 7, 2020

This blog is part of a three-part series on how cloud ERP enables manufacturers to achieve operational excellence. These topics and more are covered in our Achieve Manufacturing Excellence with Cloud ERP: A Practical Guide for Small and Midsize Manufacturers. Manufacturers and distributors live or die by real-time data.

Real-time Visibility 72

Real-time Visibility Optimal Sourcing Manufacturing Procurement Material Savings 72

Supply Chain Game Changer

AUGUST 3, 2021

There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Companies historically have excelled and differentiated themselves because of their R&D capabilities, their products, and their go to market strategy.

Supply Chain Strategy 119

Supply Chain Strategy Supply Chain Design Software Sourcing Strategies Supply Chain Design 119

Supply Chain Shaman

DECEMBER 4, 2018

As a B2B company, procurement management is essential. For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Note the general trend of improvement.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. Houston – We have a Supply Chain Problem.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. Houston – We have a Supply Chain Problem.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Supply Chain Movement

AUGUST 14, 2014

In this edition: Marion Kohlmeier, Head of supply chain planning and project purchasing at Weidmann Plastics Technology. A new car needs a stunning new look and at the same time the components need to be durable, functional and lightweight. The third team is project purchasing. By Helen Armstong (Supply Chain Movement).

Negotiating Skills 87

Negotiating Skills Negotiate Pricing Purchasing Skills Supply Chain Planning Software 87

Supply Chain Opz

NOVEMBER 9, 2014

In the process, they reduce cycle times, and speed up customer responsiveness; and they reduce waste throughout their operations. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. We believe many practices in global supply chain management can be applied in every industry.

Waste Reduction 274

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

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Its role is to ensure that customers receive their ordered products accurately and on time. Order fulfilment is just one part of the supply chain.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 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. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

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

SupplyShift

JUNE 17, 2021

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Struggling to choose?

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

For example, in 2019, 90% of companies listed on the S&P 500® index issued an annual sustainability report, compared to just under 20% in 2011. For companies struggling to prioritize or identify their overarching goals, SASB’s materiality matrix is another excellent starting place. Define Your Scope. Source: sasb.org.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

Supply Chain Matters

JUNE 21, 2022

The overall theme attached to the latest report was “ Out of Sync ” which we believe is rather appropriate in that during most of 2021, logistics and transportation modes incurred non-stop disruptions and were generally not synced to just-in-time material flows as well as business needs for predictable and manageable logistics costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Game Changer

AUGUST 15, 2019

It’s vital, then, to use a consistent Supplier Management system to vet excellent suppliers and secure the ones that will help your brand to stay strong. You could also hire some just to test them out, or you could create bidding wars between them. Does your business rely on at least one supplier? Search Sources of Potential Suppliers.

Negotiate Pricing 58

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 58

Precoro

DECEMBER 12, 2023

Electra’s user-friendly app works like so:  When drivers need to charge their vehicle, the app takes into consideration their car specifications and the availability and power capacity of nearby charging stations in order to recommend the best option.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

Unleashed

AUGUST 28, 2022

Specific aspects of managing inventory include procurement, storage, and utilisation tracking. This valuation paints a picture of how much companies invest in procuring inventory to sustain the functions of their facilities. A company will incur administrative costs from obtaining a quotation to accomplishing a purchase order.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97