Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Resource Reduction 223

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 223

Logistics Viewpoints

MAY 19, 2022

Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges. Analytical techniques like linear programming can create the mathematically “optimal” plan, but these methods must be implemented well to avoid creating other challenges.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

SCMDOJO

FEBRUARY 29, 2024

Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. .” 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. ” When this happens, I sigh.

Supply Chain Design Software 283

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

Logistics Viewpoints

NOVEMBER 17, 2022

The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. With more than a third of global smelters losing money, there is a risk of 1 million tons of capacity being curtailed in the near future. Continued scarcity and overbuying have led to a perennial shortage.

Packaging 226

Packaging Food Manufacturing Procurement GEP 226

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark.

Predictive Analytics Software 59

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

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

AUGUST 20, 2023

Long lead times can hurt sales and customer retention. Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. In this lead time guide: What is lead time?

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

QAD

JULY 21, 2022

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Price fluctuations and discounts resulting in increased purchases. What is the Bullwhip Effect? Causes of the Bullwhip Effect. Integrated Supplier Management.

Price Reduction 95

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 95

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

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Formulate business requirements Procurement is not just about cutting costs and looking for the cheapest deal.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

OptiProERP

MARCH 15, 2022

The production schedule is a versatile and important document that focuses on planning, forecasting, predicting, and meeting demands on time. The production schedule helps keep workers and machines at capacity. It ensures raw materials, machines, and resources are available to produce finished products on time. .

Manufacturing Procurement 78

Manufacturing Procurement Optimal Sourcing Material Savings Resource Reduction 78

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Silvon Software

APRIL 1, 2024

But this data abundance often complicates rather than clarifies, and the challenge goes far beyond just accessing data but in analyzing and interpreting it, too. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

SCMDOJO

NOVEMBER 17, 2023

If you’ve thought about switching gears and getting into the supply chain, now is the time to do it. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Lucky for you.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. 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.

Price Reduction 177

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

EcoVadis

FEBRUARY 3, 2017

But it is important to note that the most significant aspects of this event are not just about money, but about the new resources, partnerships, technologies, initiatives, team members, and collaboration that it will bring to accelerate EcoVadis’ growth. You can read the full press release here . 9 years of organic growth to get here.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Sustainability 40

ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. A reliable supply chain can decrease purchasing and production costs for manufacturers and sellers. After all, guaranteeing that your goods arrive on time is just one part of the overall picture. .

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Kinaxis

DECEMBER 21, 2016

by Bill DuBois It’s that time of year again where moms and dads are busy gathering Christmas lists from their kids and ensuring they have exactly the right gifts under the tree. When it comes to delivering on your Christmas promises to customers, it’s not just which supply chain management software you use that matters.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 100

Supply Chain Matters

OCTOBER 6, 2023

Supply Chain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported September PMI reported value 49.1 reflecting a 0.4

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. In this guide, we break down the WooCommerce order fulfilment process and how it works, with actionable tips for optimising your fulfilment strategy to bring costs down and boost productivity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

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

Resilinc

NOVEMBER 9, 2021

One example: just before COP26 kicked off, CEOs from more than 30 large financial institutions with over $8.7 times higher than direct emissions. Formerly Carbon Disclosure Project, CDP is the most respected and widely used NGO engaged in corporate GHG reporting.)

Procurement Analytics 62

Procurement Analytics Purchasing Skills Supply Chain Vendor Strategies 62

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.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

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.”. giving an entirely new urgency to the phrase “just in time.”. The Detection and Response Challenge.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 91

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

Talking Logistics

JUNE 2, 2016

Today, shippers face increased regulations, unstable market conditions and capacity concerns that make it near impossible for a newly divested company to achieve all of its goals without the expertise and support of a third-party logistics (3PL) provider. Step 4: Integrate New Model, Review Progress and Improve Performance.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

ThroughPut

MARCH 23, 2020

I have spent over a decade – defining and driving supply chain operations in enterprise retail and industrial setups, including Walmart , Tesla , and ThroughPut.This experience has enabled me to witness, direct, and deeply understand the supply chain nuances when customer demands are chaotic with finite resources and capacity.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

I have spent over a decade – defining and driving supply chain operations in enterprise retail and industrial setups, including Walmart , Tesla , and ThroughPut.This experience has enabled me to witness, direct, and deeply understand the supply chain nuances when customer demands are chaotic with finite resources and capacity.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

OptiProERP

JANUARY 7, 2020

Manufacturers and distributors live or die by real-time data. Cloud ERP solutions enable real-time visibility into financial and operational data, making decision making and forecasting easier and more accurate. Invoices are emailed in batches so customers receive them in a timely manner . It can be: . Used to settle debts.

Real-time Visibility 86

Real-time Visibility Manufacturing Procurement Material Savings Inventory Reduction 86

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