SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business.

Inventory Reduction 81

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 81

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Product strategies. Alternatively, you may want to relocate – totally or in part – where your product is manufactured. Reclassification.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

ThroughPut

MAY 3, 2024

From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. It now shares similarities with Supply Chain Management Software (SCMS), to help deal with manufacturing operations, processes, vendors and suppliers.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Supply Chain Matters

MARCH 29, 2022

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Sourcing 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 Under a VMI system the supplier, usually a manufacturer, is responsible for optimising the level of inventory held by the distributor. that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

AUGUST 11, 2014

Our next focus was to introduce produce-to-demand as an operating strategy, or the implementation of demand-driven concepts. We simplified our SC strategy and communicated in a straightforward, one-page document that laid out primary goal areas. Our intention was to maintain constancy of purpose and continuity.

Case Study 288

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 288

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Talking Logistics

OCTOBER 19, 2016

Its manufacturing capacity is at the highest level in the company’s history, and just two years ago Carhartt began opening its own retails stores across the country (with stores in 17 states as of the end of September 2016). Procurement & Contract Management. Location Management. Capacity Management. Rate Management.

Case Study 100

Case Study Study Optimal Sourcing Supply Chain Planning Software 100

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Like so many professionals Procurement people are very proud. But at some point in their careers, especially in the age of Outsourcing, they are likely to have to deal with potential suppliers who provide Procurement services. When selling Procurement Outsourcing services you need to have a lot of credibility to begin.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Purchasing Skills Analysis 45

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? During the year, I go to a lot of conferences. How do they buy from you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

Logistics Viewpoints

DECEMBER 16, 2015

A case in point is offered by AGCO. AGCO is a global leader in the design, manufacture and distribution of a wide range of agricultural equipment. We are entering an era where it is becoming possible to detect supply chain risks much more quickly.

Supply Chain Risk Management 100

Supply Chain Risk Management Case Study Risk Management Supply Chain Design 100

QAD

AUGUST 17, 2023

Tiered suppliers, manufacturers, distributors and service vendors must work together like a well-oiled machine to drum out a top-quality product that satisfies regulatory requirements, but that can be difficult when there are so many moving pieces. Click here to listen to the full episode and read the PennEngineering case study to learn more.

Supply Chain Software 90

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 90

Kanban Logistics

AUGUST 13, 2020

If you’re a manufacturer, you likely know the answer. See, there’s a big difference between handling inbound logistics yourself and outsourcing it to a trusted North Carolina third-party logistics (3PL) provider that knows the manufacturing industry. Third-party procurement. Third-party procurement services from a 3PL can help.

3PL 98

3PL Manufacturing Procurement Logistics Network Optimization Software Material Savings 98

SCMDOJO

AUGUST 21, 2023

Read More: Top 10 Supply Chain YouTube Channels to Subscribe ] Highlighting the Role of Influencers and Social Media in Modern Marketing Strategies In today’s dynamic marketing landscape, influencers have risen as vital players, profoundly shaping consumer behaviors and choices. > Watch Now: 6 Characteristics to be a Good Buyer! >

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Provides a solid foundation in the core principles of procurement and supply management.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

Supply Chain Shaman

JUNE 29, 2022

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor. Does this solve the problem? When I get this question, I swallow hard. It is such a simplistic view of the world.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

Supply Chain Shaman

SEPTEMBER 3, 2018

Second, they adapt over time as market structures and strategies evolve. Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Buffer strategies. First, great supply chains are agile.

Supply Chain Planning Software 339

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 339

Supply Chain Shaman

DECEMBER 4, 2018

At Rockwell this includes all processes end-to-end except for manufacturing. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. From a manufacturing perspective, products vary significantly in complexity.

Supply Chain Software 30

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

Supply Chain Opz

SEPTEMBER 14, 2013

In order to reduce lead-time, Quick Response (QR) strategy was developed and there are 2 core principles, namely, partnership between retailers and suppliers to improve the information sharing and the adoption of technologies such as EDI, UPC Code and point of sales data (POS). Fashion SCM 2.0 Fashion SCM 2.0

Supply Chain Design Software 229

Supply Chain Design Software Cost Reduction Strategies Supply Chain Software Agile and Lean Supply Chain 229

FLEXE

OCTOBER 11, 2018

They had previously been relying on dropshipping from their manufacturers, but that left them with little flexibility to improve their delivery promise. Get the PDF of Lull’s case study >> Challenges to Order Fulfillment. They turned to FLEXE. By the Numbers: 51% reduction in delivery times—from 3.5

Case Study 28

Case Study Inventory Reduction Cost Reduction Strategies Resource Reduction 28

Procurement Academy

NOVEMBER 13, 2023

There are, though, several strategies that can help to secure this support from the key figures across your business. Above all, by taking the time to understand their perspectives, showcase the benefits of training, and align with your business goals, you can build a compelling case for investment in employee development.

Purchasing Training 52

Purchasing Training Price Mitigation Strategies Buyer Training Material Savings 52

Supply Chain Matters

APRIL 13, 2023

Background In early December of 2022, we called Supply Chain Matters reader attention to published reports acknowledging that consumer electronics giant Apple was accelerating actions to source some hardware production outside of China. Reportedly, the current goal is to have upwards of 25 percent of iPhones assembled in India by 2025.

India 52

India Manufacturing Procurement Sourcing Strategies Report 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

We have heard that there is a focus on near-shoring, reshoring, and local manufacturing. Building a fab (manufacturing site) takes two-to-four years and requires the availability of water and trained labor.” Does this solve the problem? When I get this question, I swallow hard. It is such a simplistic view of the world.

Supply Chain Design Software 130

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

Supply Chain Matters

JULY 28, 2023

Pfizer drug manufacturing facility. While disclosure laws prevent the FDA from providing a complete list of products made at the facility, there is redundancy in the supply chain due to other manufacturers. Our initial analysis has identified less than 10 drugs for which Pfizer’s North Carolina plant is the sole source for the U.S.

North Carolina 52

North Carolina Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 52

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. 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.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. 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.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. The difference, however, is that mainstream industry stalwarts may or may have not benefitted from the case study of Tesla.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

SupplyShift

JULY 23, 2021

Procurement and Supply Chain. Aim-Progress : This forum of Fast-Moving Consumer Goods (FMCG) manufacturers and suppliers promotes responsible sourcing practices and sustainable supply chains. Sustainable Procurement Pledge (SPP). For more info, join their Sustainable Procurement Ambassadors LinkedIn group.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Groups 52

SupplyShift

JULY 23, 2021

Procurement and Supply Chain Aim-Prog r ess : This forum of Fast-Moving Consumer Goods (FMCG) manufacturers and suppliers promotes responsible sourcing practices and sustainable supply chains. For more info, join their Sustainable Procurement Ambassadors LinkedIn group.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Network Software Groups 52

Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Further announced was an assessment of owned retail operations in the U.S.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

Supply Chain Shaman

OCTOBER 8, 2019

I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 190

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

Supply Chain Matters

MAY 24, 2024

These were all remarkable achievements, and the result will remain the subject of industry case studies. Noted is that the effort will be multi-year in nature “ given the complexity in manufacturing and longer lead times required to make changes.” Pfizer reportedly sold $37.8 billion of its Covid-19 vaccine in 2022.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Pharmaceutical Supply Chain Design 52

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. Build the Strategy.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 40

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

JUNE 18, 2015

In supply chain strategy documents, terms like alignment, agility, responsiveness, and flexibility dot the page. In meetings, groups nod their heads that the strategy is correct. However, at a practical level, companies struggle with the implementation of strategy due to a lack of definition. The goal was efficiency.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150