Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

ivalua

DECEMBER 8, 2020

Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. Examples abound. People should be thankful, and procurement practitioners proud.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiating Skills Purchasing Skills 130

Unleashed

NOVEMBER 2, 2023

Effective production scheduling can mean the difference between a happy customer and a job that was cancelled because it wasn’t completed on time. For the customer, production schedules aim to shorten lead times and improve the quality of goods produced. In this production schedule guide: What is a production schedule?

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Logistics Viewpoints

JANUARY 9, 2023

Infor is one example of a supplier that offers both advanced visibility and supply chain planning. Supply chain practitioners are beginning to understand the same is true for supply chain planning (SCP) and multi-enterprise supply chain network solutions. Meanwhile, supply chain planning solutions support demand and supply planning.

Supply Chain Planning Software 247

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Network Software 247

Logistics Viewpoints

NOVEMBER 28, 2022

OMP provides supply chain planning (SCP) solutions. For example, if a company had built up safety stock, and the inbound supply of components needed to make a product is disrupted, the company can still respond to customer demand without breaking a sweat. Paul Delbar from OMP has a different take on what integrated planning means.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 193

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. The output was just not helpful. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Demand forecasting is the process of making future estimations of how much of a given product will sell by location and time period. Would better forecasting accuracy be a good thing? Absolutely! When will the recession hit?

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Unleashed

JULY 12, 2023

Inventory examples Inventory is used widely across numerous industries and sectors. It can mean different things to different organisations, so let’s look at some common inventory examples in various business models. Inventory is often the largest current asset in a business. What is inventory?

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

Supply Chain Shaman

JUNE 23, 2020

” Or, “If you need an answer, implement my solution.” This type of response is just not helpful. Grounded during this pandemic, and unable to interact with clients in person, I try to write 3,000 words a day. Morning after morning, fueled by good black coffee, I type away. ” When this happens, I sigh.

Supply Chain Design Software 283

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

Unleashed

MARCH 8, 2023

Choosing the best inventory management software isn’t easy. This guide is designed to inform you which features are most important, the best time to invest in inventory software, and the costs you can expect to pay. Key considerations Manual management of inventory is time-consuming and prone to error. What’s your budget?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Forecasting Software Demand Planning Software 52

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Deploying best practices is great, but just means you are doing the same thing as other high performers. Global automotive component supplier Meritor is a great example. Just how can you do that?

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Logistics Viewpoints

APRIL 10, 2023

For example, pickleball has been the fastest growing sport in America for 3 years. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. An example of a branding concept involves the work the company did with Kerri Lee Walsh Jennings.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Logistics Viewpoints

DECEMBER 2, 2021

Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Here’s what to look for in 2022. Global supply chains will be busy, congested and chaotic.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

Logistics Viewpoints

OCTOBER 31, 2022

ZF offers product and software solutions for established vehicle manufacturers and newly emerging transport and mobility service providers. ZF transforms those purchased products into over 2,000 products. ZF has been working with a supply chain solutions provider called SupplyOn since 2001. The ZF supply chain is complex.

Agile and Lean Supply Chain 197

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 197

Logistics Viewpoints

FEBRUARY 3, 2022

Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Because switching from JIT to JIC is at best only a tool to address short-term problems and risk.

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

Logistics Viewpoints

SEPTEMBER 19, 2022

In short, each new user does not just make the network more valuable; they make the network much, much, much more valuable. But there is a type of solution known as multi-enterprise supply chain networks (MSCN). Then the site also does the kind of purchase order and invoicing collaboration that EDI solutions do.

Supply Chain Design Software 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

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. That makes sense – inventory is one of the most capital intensive areas for any product business.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Logistics Viewpoints

DECEMBER 8, 2022

When it comes to executing mode-specific freight moves from origin to destination efficiently, reliably, and cost-effectively, transportation execution and visibility solutions play a critical role. Transportation execution solutions allow shippers to connect to multiple carriers and then tender, track, and pay in the system.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

Proxima

MARCH 9, 2022

Costs in the supply chain have been rising for some time now and, more worryingly, those increases show little sign of abating, particularly given the ongoing events in Ukraine. The modern CFO is not looking to the business just to do things how they have always been done. I am picking up on four main reasons for this concern.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

GlobalTranz

APRIL 6, 2021

Embracing technology is part of that solution. For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

ToolsGroup

OCTOBER 10, 2023

Unlike traditional methods, Dynamic Fulfillment uses a cost-based approach, meaning that it doesn’t just apply a set of rules, one after another, until you narrow down your fulfillment choices. It looks at the capacity of each location (i.e., Looking for more details, nuances, and examples of Dynamic Fulfillment in action?

Purchasing Skills 156

Purchasing Skills Network Optimization Supply Chain Optimization Price Mitigation Strategies 156

ShipBob

OCTOBER 4, 2023

It involves closely tracking your inventory levels to replenish your stock at the right time and maintain inventory accuracy. However, good inventory management also requires strategic inventory reduction instead of simply procuring more goods. However, it isn’t just simply removing excess stock across the board.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Expense Reduction 52

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. From pet supplies – who doesn’t want a furry remote work friend – to outdoor activities, some initial pandemic shopping trends aren’t going away any time soon. The Retail Trends Shaping How We Shop in 2022.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. This guide explores the ins and outs of managing raw materials in a manufacturing business, with examples and actionable tips for improving your processes. 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

SYSPRO Smarter ERP

APRIL 4, 2024

Coupled with the art of trying to balance unpredictable material demand with volatile prices and its effects on the business, with the need to keep raw material to a minimum to free up capital juxtaposed to the need to import raw material with long lead times. Uncertain lead times for acquiring specific materials for customised products.

Manufacturing Procurement 52

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

ThroughPut

FEBRUARY 23, 2024

Even as some supply chains are struggling to harness the power of AI for multiple reasons , some others are already setting great examples. 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. Inventory pile-ups.

Predictive Analytics Software 59

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

ToolsGroup

DECEMBER 20, 2021

Carriers responded by canceling capacity, but demand was back by July, and importers found themselves scrambling for equipment. . When capacity was cut, so too was the empty supply of containers back to Asia. A closer look at higher container costs alone reveal just how much container prices have changed. .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Logistics Viewpoints

SEPTEMBER 22, 2023

A notable example of greenwashing is when McDonald’s introduced paper straws to reduce plastic pollution. A notable example of greenwashing is when McDonald’s introduced paper straws to reduce plastic pollution. Seasonal workers will have an opportunity to transition to full-time positions, Target said.

Los Angeles 222

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 222

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. Manufacturing inventory management requires a coordinated approach across production, purchasing, sales, and logistics departments. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. Backorder time is based on a variety of considerations.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

BlueYonder

MARCH 24, 2022

And at the same time, the pandemic has focused on the need for more resilient supply chains too. The question is whether it is possible to be sustainable and resilient at the same time? But circling back to the main question for this blog post: Can a supply chain be sustainable and resilient at the same time?

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 84

ToolsGroup

SEPTEMBER 22, 2020

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. retail stores. retail stores.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Data collected from drones, sensors, and satellites can be analyzed by farmers to save time, and costs related to field trials, food inspections, and more. billion in 2024. billion by 2029.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Locus Robotics

MARCH 9, 2023

Manufacturers can start by identifying which supply chain processes can be enhanced by automation, researching AI and software tools to find the best fit for their use cases, and developing a digital transformation plan that keeps them on track to keep up with the future of manufacturing.

Supply Chain Software 52

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