SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

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. Background.

Supply Chain Design Software 195

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

Hybrent

FEBRUARY 6, 2019

“Then I’d go back to my computer and go into our old system to make purchase orders for each of up to ten different vendor companies. Springhill switched from its “old school” handling of materials management to the Hybrent solution. Springhill switched from its “old school” handling of materials management to the Hybrent solution.

Case Study 60

Case Study Study Price Reduction Vendor Strategies 60

RFgen

JANUARY 18, 2024

TL;DR: This article provides a comprehensive guide on migrating to a cloud-based ERP (Enterprise Resource Planning) solution. The article also outlines the roles and responsibilities during the migration process, factors to consider when choosing the right ERP solution , and the critical steps involved in the migration process.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

Elementum

FEBRUARY 7, 2024

Integration Tools: Software solutions like no-code development tools unify distinct systems, ensuring they work cohesively. By leveraging digital tools, businesses can automate mundane tasks, reduce errors, and allocate human talent to areas where strategic thinking and creativity are needed most.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. This metric doesn’t just account for the cost of buying inventory.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

DECEMBER 4, 2018

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). As a B2B company, procurement management is essential.

Supply Chain Software 30

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

ThroughPut

DECEMBER 8, 2023

These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions. Logistics Management A major prescriptive analytics use case in supply chain management would be that of logistics management. One of the most critical things for a cafe business is its menu.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 4.9/5

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Supply Chain Shaman

NOVEMBER 28, 2016

For this case study we interviewed Peter Smith, currently the EVP of Supply Chain for Carter’s. Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. Improvement. Supply Chain Index.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

The Logistics & Supply Chain Management Society

APRIL 15, 2021

With full visibility and productivity related metrics maintained at the corporate level, all levels of management have access to real-time data simultaneously, and can monitor daily operations as they happen, addressing issues or errors immediately. Reducing volume purchasing cost by 10 to 20%. Reducing premium transportation by 50%.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

Supply Chain Shaman

DECEMBER 17, 2018

It is just not enough to do a software upgrade or slowly push continuous improvement projects. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. He knew Integrated Business Planning (IBP) tools were out there, but he couldn’t sell IBP within the organization.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. At the Supply Chain Insights Global Conference in 2019, an attendee stopped me after the third case study of the Supply Chains to Admire award winner. ” As he spoke, I smiled.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). How are companies using SCONs in the real world?

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

Talking Logistics

MAY 13, 2015

And yet, prior to replacing a legacy inventory management system and implementing a supply chain analytics solution from FusionOps , the share of merchandise the company delivered on-time and in-full was a dismal 28 percent! in December and January, the FusionOps software automatically notified Columbia staff to order more.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 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

Precoro

NOVEMBER 20, 2023

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

Ware2Go

MARCH 30, 2022

The Importance of eCommerce Order Fulfillment: A Brief Case Study. However, YBell Fitness’ VP of Worldwide Sales and Marketing, Mark Livingston, knew that their new storefront would only be viable if they had a fast and reliable ecommerce fulfillment solution in place first. How eCommerce Fulfillment Affects Front-End Strategy.

Price Reduction 98

Price Reduction Cost Reduction Strategies Purchasing Skills Inventory Reduction 98

Supply Chain Game Changer

AUGUST 30, 2021

They will understand more about improving processes and learn some techniques and tools they can employ in their future careers. He sees all the parts of a business as being connected, from purchasing and HR to sales and marketing. The Goal: A Process of Ongoing Improvement. Supply Chain Management for Dummies.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

JUNE 16, 2014

I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. I sometimes wonder if I should create a new class of technologies for the network design tools because they have changed so much.) Here I share a cut of the data.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

Logistics Bureau

SEPTEMBER 4, 2023

Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed. Some customers are very good at finding loopholes to reduce their purchasing costs.

Negotiating Skills 74

Negotiating Skills Purchasing Skills Cost Reduction Strategies Analysis 74

ToolsGroup

MARCH 1, 2018

Employing machine-learning based forecasting tools, retailers can predict potential sales at the front-end of the assortment planning process. Retailers have relied on an “Open-to-Buy” budget as a way to both control spend and determine what inventory to purchase. The analogy is pruning a garden.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

Arena Solutions

FEBRUARY 24, 2021

We all use software every single day at work and in our personal lives. We all buy software—whether it is subscriptions to Headspace and SimCity apps or team tools and enterprise solutions for our companies. If you need to buy software for your team or company, you have some need. to buy a successful solution.

Procurement Solutions 54

Procurement Solutions Predictive Analytics Software Pricing Training Purchasing Training 54

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” ” I have been studying the evolution of inventory technologies as an industry analyst since 2002. All of the Solutions Have the Same in Functionality.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

ThroughPut

OCTOBER 7, 2022

Unprecedented situations like the COVID-19 pandemic and its after-effects need solutions that not only learn from historical data but also predict outlier events like COVID-19 and how they can affect your organization with several demand forecasting methods and forecasting models. What makes this process easier? How to make it easier?

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

OCTOBER 8, 2017

” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” I worked for a software company for almost a decade and implemented demand management solutions in the 1990s for multiple companies. This is the case for companies like Adexa, Logility, and JDA.)

Supply and Demand 156

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

Precoro

DECEMBER 12, 2023

Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro. The startup that immediately chose Precoro For the first few months after Electra was founded, like many startups, the team had a manual procurement process and used spreadsheets.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

GlobalTranz

JUNE 11, 2015

We conclude our series on supplier quality management (SQM) today with a look at some case studies and examples of benefits derived from the application of a supplier quality management system. Examples and Case Studies from the Implementation of a Supplier Quality Management System. It takes much discipline and focus.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

EcoVadis

OCTOBER 17, 2017

million metric tons this year. The Information and Communications Technology (ICT) sector has led the charge for sustainable procurement in recent years as technology companies push hard to meet consumer demands for transparency in the supply chain. It is estimated that e-waste will be the fastest growing waste type, reaching 48.2

Waste Reduction 53

Waste Reduction Manufacturing Procurement Supply Chain Software Optimal Sourcing 53