SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

crisp

APRIL 25, 2024

General Mills reported that ongoing value-seeking behaviors from consumers is influencing both the channels they shop and basket sizes, creating headwinds to the company’s margins. Input cost inflation remains a concern Executives also addressed the challenges posed by lingering inflation on input costs.

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

GlobalTranz

APRIL 6, 2018

Spurred by the record-breaking growth of e-commerce and rising labor costs, robots can have a very positive impact in distribution centers when implemented correctly. As Amazon continues to push toward dominance of all sales channels, more companies must tap into the power of automation to fulfill more orders.

Distribution 179

Distribution Supply Chain Design Software Supply Chain Software Vendor Strategies 179

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Supply Chain Shaman

SEPTEMBER 13, 2023

Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. Only 2% of companies are pushing forward in our Supply Chains to Admire analysis. Regional companies outperform global brands in all but two industries in the market. Clear mission.) The reason?

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Logistics Viewpoints

DECEMBER 15, 2022

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. It is a key part of your company’s supply chain. Strategically approaching the procure to pay process can see your company reap the rewards. Measuring and reporting.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Staying Current Using Real-time Analytics. ”[2].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

OCTOBER 19, 2017

Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult. Strategic Slotting Optimization Technology and Practices Reduce Carrying Costs.

Optimization Software 137

Optimization Software Inventory Reduction Cost Reduction Strategies Material Savings 137

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Logistics Viewpoints

FEBRUARY 5, 2024

Walmart’s On-Time In-Full initiative is a compliance measure designed to ensure that freight arrives at a Walmart store or distribution center when it was supposed to, in the quantities expected. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart. It is clearly not an easy problem to solve.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

Logistics Viewpoints

JUNE 1, 2023

It is not easy for companies to cope with customers’ sudden changes in demand without agile planning capabilities leveraging advanced technologies such as AI/ML and Optimization. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Logility

JANUARY 26, 2017

The second part of Drucker’s quote, “if you can't measure it, you can't improve it,” really brings home the importance of having the right set of metrics. In the field of supply chain management, we have created an abundance of metrics and key performance indicators (KPIs). requires a different set of metrics.

Procurement Analytics 100

Procurement Analytics Metrics Supply Chain Planning Software Gartner 100

GlobalTranz

SEPTEMBER 22, 2016

The roles of logistics and procurement in an efficient supply chain cannot be overstated. According to Paul Myerson , reports Industry Week, up 70 percent of a company’s costs come from procurement and logistics operations. Supply Chain Managers and Procurement Professionals Avoid the Conversation.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 120

Logistics Viewpoints

MAY 19, 2022

The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. Trade-offs are inherent in supply chains, so companies that address them better gain significant competitive advantage. The myth of the “perfect plan”.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! The distribution center (DC) hadn’t released the order, but customer service didn’t have access to the right systems to see exactly what was wrong. I should have known better.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

ModusLink Corporation

NOVEMBER 23, 2022

Warehouse and distribution professionals understand that the timeline of order processing has ebbed and flowed significantly over the last few years. In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) Introduction. E-commerce return rates can often be expected to account for more than ¼ of all sales.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

Unleashed

APRIL 21, 2024

Inventory sourcing: The locations of ordered items are identified in the warehouse or distribution centre – or reordered from the supplier if no stock is available. Tracking: Order tracking systems keep the customer updated on the journey of their purchase, ensuring transparency until the order is delivered.

Inventory Management Software 52

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

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability? What About Supply Chain Entities That Have Time-Sensitive Products?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Logistics Viewpoints

OCTOBER 2, 2023

The CEO – Matt Elenjickal – told me that the company has roughly $100 million in revenue. This allows the company to do some interesting benchmarking. The company’s customers report that the ETAs provided by these FourKites are more accurate, timely and easier to access than those provided by carriers.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Supply Chain Game Changer

NOVEMBER 6, 2019

The right application of warehouse management analytics can enable significant growth for companies, forced to focus on smaller package sizes, not the pallets and cases of the past. Why Do Analytics Overwhelm Supply Chain Leaders? Analytics can be complicated. Benefits of Warehouse Management Analytics.

Analytics Software 60

Analytics Software Procurement Analytics Analytics Warehousing 60

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

GlobalTranz

AUGUST 18, 2016

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. New Distribution Channels Are Forming Online and in Traditional, Brick-and-Mortar Stores.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Analytics Software 120

Logility

NOVEMBER 3, 2021

Cloud technology for life sciences companies offers myriad possibilities. It’s Not Just About Money For life sciences companies, the cloud’s value is not just about lowering costs. It is not just a more efficient way of purchasing computing power but, rather, a way of facilitating new, more efficient business models.

Company 130

Company Forecasting Software Predictive Analytics Software Manufacturing Procurement 130

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Well, that image of talking trains and cars is growing larger.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

GlobalTranz

AUGUST 22, 2016

There is more information in e-commerce distribution than you could possibly realize, and the potential for growth of your business is exponential. Mobile E-Commerce Distribution Is Real. Mobile e-commerce distribution is not simply an ideal; it is a fact. reports Sean Ogle. reports Sean Ogle. as a priority.

Distribution 120

Distribution Vendor Strategies Manufacturing Procurement Procurement Analytics 120

Logistics Viewpoints

DECEMBER 8, 2022

Visibility solutions allow real-time asset tracking across the entire distribution network. Billions of venture capital dollars of investment are being poured into companies that can integrate real-time visibility data with transportation to provide a more informed ETA for shippers and carriers.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

BlueYonder

JANUARY 31, 2023

The visibility will include not just the short-term purchase order or ASN-level visibility, but also the tactical kind of forecast collaboration with the suppliers. These companies are also increasingly looking at nearshoring and multi-shoring. At a high level, we discuss three initiatives with these companies to enable resiliency.

Automotive 85

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 85

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point. The traditional sales rep approach is no longer what buyers are spending most of their time on when it comes to making purchases.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

EC Sourcing Group

SEPTEMBER 6, 2022

Why You Should Choose Companies with Green Supply Chains. There is no denying that companies with green supply chains are becoming more and more the norm. A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution.

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

Adexa

AUGUST 16, 2021

The Myth of Concurrent Computing vs. Distributed (Edge) Computing in Supply Chain Planning. Distributed computing allows independent distributed processes run in parallel and concurrently when there is no dependency between them. To learn more about Adexa distributed architecture click Here. all at the same time.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 98

Logistics Viewpoints

FEBRUARY 3, 2022

As MIT professor Yossi Sheffi has argued , less inventory in the system makes a company more flexible, actually building resilience. When the pandemic triggered rampant shortages, companies mitigated information latency and uncertainty with inventory – building up stock “just-in-case.”. A change to one link (e.g. on-time delivery).

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. From marketing to distribution, data drives every decision a consumer product company makes. Retail data: A brand’s greatest asset. What do voids refer to?

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98