SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Supply Chain Shaman

SEPTEMBER 24, 2018

. <Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. I get the same questions over-and-over again, and see companies making the same mistakes. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

The Logistics of Logistics

OCTOBER 23, 2023

Stephanie is the Senior Vice President of Operations Excellence and Collaborative Innovation at Pitney Bowes , a global shipping and mailing company that provides technology, logistics, and financial services to help clients simplify the complexities of sending parcels and mail. It serves more than 90% of the Fortune 500.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Innovation Logistics Optimization Software 251

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Supply chain visibility is paramount in today’s interconnected and globalized world, enabling companies to make informed decisions, optimize operations, and enhance customer satisfaction. Companies still need to allocate working capital to build safety stocks considering the unreliable transit time.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. It’s shown time and again that these skills can improve employee engagement and make for smooth-running operations.”

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Silvon Software

APRIL 18, 2024

These tools enable organizations to quickly turn insights into actions with strong stakeholder buy-in while accelerating the execution of strategies across the business and the attainment of an organizations’ objectives. For example, implementing process mining techniques to analyze and improve manufacturing throughput times.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

Logility

JANUARY 26, 2024

A poll during one of our recent webinars on AI-first supply chain planning showed that 76% of surveyed companies were in the educational stage of adopting Generative AI in supply chain. Yet, despite the buzz, common usage of AI and digital twins remains limited. A structured approach to supply chain AI is the answer to a smooth transition.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

GlobalTranz

JANUARY 9, 2019

Editor’s Note: This article is from Steve Bettwy , Vice President – Quality and Business Continuity, Operational Excellence, and Continuous Improvement at Direct Supply. Shipping Costs Are A Thorn In Amazon’s Side At its core, Amazon is a logistics company.

Purchasing Training 187

Purchasing Training Price Mitigation Strategies Training Freight 187

Talking Logistics

SEPTEMBER 13, 2016

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. Best-in-class companies tend to have end-to-end supply chain integration.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

SCMDOJO

APRIL 20, 2023

As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck. Additionally, procurement managers must stay up-to-date on industry trends and best practices in order to make informed purchasing decisions.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

Supply Chain Shaman

SEPTEMBER 13, 2016

Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). As companies prepare for Supply Chain 2030, we think that it is time to rethink the basics. It cannot be about incremental improvement. What does it take?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Supply Chain Shaman

MAY 21, 2013

In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions. By and large, they struggle to gain cross-functional alignment on process redesign to improve outcomes.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Supply Chain Director Set strategic goals and objectives for the supply chain department.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. Nick strongly believes that it is insufficient to drive supply chain improvement through incrementalism. The reason?

Demand Planning Software 245

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

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Role and influence of procurement function in the company Lesson 4. Tasks for procurement in the companies Lesson 5.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

SCMDOJO

APRIL 24, 2024

According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations. As companies move forward, they must be open to new technologies and adaptability to remain competitive. Why should businesses follow the trends? billion by 2026.

Optimal Sourcing 54

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 54

Supply Chain Shaman

MARCH 3, 2018

.” He continued, “Great mass marketing used be our differentiator, but now the barriers to entry have changed. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Their focus is on continuous improvement of current processes.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. It touches on many key aspects of operations – including finance, sales, and logistics – and directly impacts the efficiency with which a company conducts business.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. In doing so, it enables companies to achieve always-on competitive pricing without requiring manual input. Focus on the tools that will bring the most value to your company.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

GlobalTranz

FEBRUARY 16, 2016

Avoid injuries that could cost the company a lot of money. An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control. For companies to reduce logistics costs consider automation. Ensure that your warehouse operation is safe. Be proactive with safety.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

SCMDOJO

FEBRUARY 20, 2023

A well-designed Distribution Operations strategy can help businesses optimize their supply chain, reduce costs, and improve customer satisfaction. Companies must continually evaluate their Distribution Operations to identify areas for improvement and stay competitive in the ever-changing business landscape.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 101

Elementum

FEBRUARY 7, 2024

Advances in technology drive the automation and continuous improvement of business workflows. It goes beyond traditional automation by encompassing a wider array of processes and focusing on both the effectiveness and the continual improvement of workflows.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Talking Logistics

FEBRUARY 24, 2015

Third party logistics (3PL) and outsourcing of nearly every conceivable logistics function is a known, proven, and highly mature strategy that delivers near immediate financial and operational performance efficiencies that assist companies to reduce costs and improve supply chain performance. Global 3PL revenues grew to $676.9

Transportation Management 100

Transportation Management Optimal Sourcing Logistics Network Optimization Software Sourcing Strategies 100

Elementum

FEBRUARY 7, 2024

Technologies Driving AI Business Process Automation Intelligent automation technologies are now essential for companies to streamline their processes and improve efficiency. Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

JULY 5, 2016

I had never had a vendor thank me for giving a company a negative review. (I The company is now owned by JDA. During the period of 1996-2001, the company struggled. ” I used to say that companies in the household products sector–Colgate, P&G, and Unilever–built the best supply chains. Reflections.

Supply Chain Planning Software 150

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

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

ShipBob

JANUARY 29, 2024

Why your business needs accurate order management The order management cycle How to streamline order management with ShipBob ShipBob builds next-level order management processes Order management FAQs Once a customer clicks the “Buy” button, their order’s journey begins. Rainbow OPTX has grown by 115% and increased their order volume 2.5x

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

Supply Chain Shaman

APRIL 7, 2016

In this post my goal is to help companies build outside-in processes through a clearer definition. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. Reflection.

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Herlitz Inventory Management

JANUARY 19, 2022

COVID-19 continues to negatively affect Imperial Distributors’ suppliers, causing shortages and delays leading to poor vendor fill rates. The company has trusted Herlitz Inventory Management and the powerful features in HIMPACT to optimize and stabilize the service levels and improve inventory turns.

Optimal Sourcing 52

Optimal Sourcing Forecasting Forecasting Software Inventory Management Software 52

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. For instance, if a supplier suddenly runs out of a crucial component, a company might only find out when the delayed shipment fails to arrive, leading to production hold-ups.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Arena Solutions

OCTOBER 12, 2023

Many companies within aerospace and defense , electric vehicle (EV) technology , medical devices , biotechnology , and clean tech sectors are seeing lucrative business opportunities to compete in the market. An internal audit provides your company with a dry run, so you understand what to expect and where you need to focus.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. MRO inventory management is important for companies to ensure machinery and equipment can remain operating and in good condition.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Shaman

AUGUST 14, 2016

They are not the same, and the delivery of a demand-driven strategy does not mean the company will enable a customer-centric supply chain, or build/implement outside-in processes. Advanced companies are building cross-functional teams to use unstructured data to analyze warranty, quality and service failures. The Building Blocks.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Game Changer

JANUARY 19, 2022

An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. In other words, it provides you with a real competitive advantage against some companies in your industry. The council also helps in eliminating barriers within the company.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109