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Case Study: Ewellix

Procurement Academy

Competencies included risk management, supplier relationship management, contract management, negotiation, and strategy. The solution After an in-depth review, Skill Dynamics and its technology became the clear partner to help Ewellix achieve their objectives for both the procurement and supply chain teams.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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Role-Based Training for Procurement & Supply Chain Teams

Procurement Academy

This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning. For example, advanced strategic planning skills are relevant to procurement managers, while data analysis proficiency is associated with sourcing analyst roles.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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6 Tips for Students to Develop a Career in the Supply Chain

SCMDOJO

As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Gain a Solid Educational Foundation A solid educational background in supply chain management or a related field such as business, logistics, or operations management is crucial.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

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

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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

TikTokers have emerged as a strategic asset for advancing supply chain management, driven by several compelling factors that align seamlessly with the dynamic landscape of the digital age. Moreover, TikTokers possess a refined skill for generating content that resonates authentically with their followers.