Supply Chain Shaman

OCTOBER 8, 2019

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Most budgets are completed in currency at a brand level.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

ShipBob

NOVEMBER 6, 2023

Table of Contents ** Minutes What is an inventory audit? When it comes to selling goods, ecommerce businesses may audit their inventory — whether it’s for tax purposes annually or to simply verify units on hand. Inventory audits can be done in-house or by a third party and represent one point in time. What is an inventory audit?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Supply Chain Shaman

JUNE 14, 2014

Tonight, I am stranded in a hotel in Chicago. The Chicago airport is closed for the night. I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. However, no company in this chart is on a linear path towards improving both margin and inventory turns.

Optimal Sourcing 284

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 284

Ware2Go

APRIL 11, 2023

Many argue that eCommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics. Businesses are starting to take notice and more importantly, consumers are starting to notice and carefully consider the environmental impact of their online purchases.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Ware2Go

APRIL 20, 2022

Many argue that ecommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics. A report by Oceana estimates that we could circle the world 500 times with just the protective plastic pillows Amazon shipped out in their packages in 2019.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207