Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The solution was too black box.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). As companies grappled with growing and achieving global scale, the organizations became larger. To understand the phenomenon , the 2019 GDP was 2.16%. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Yes, lead times are a factor in ERP, but few companies keep them updated.”

Supply Chain Design Software 256

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 256

SCMDOJO

MARCH 27, 2024

It is also a means to maintain a competitive edge and operational excellence. Pricing and Subscription Models The process of selecting the right software for your company can be tedious and long. It is designed for fast-growing companies seeking to improve their decision-making process. Cons: It is more focused on procurement.

Supply Chain Design Software 70

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 70

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Yes, lead times are a factor in ERP, but few companies keep them updated.” Are the port issues over?

Supply Chain Design Software 130

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

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. For instance, every purchasing department wants to lower costs and be more productive, so these are concrete goals. . Minimize risk.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

QAD

OCTOBER 26, 2023

Despite significant advances in technological solutions, many companies still run their global supply chain via spreadsheets and email. In the United States for example, many companies have been considering – and some already taken – strategies like near-shoring and reshoring.

Supply Chain Disruption 93

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 93

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 76

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 76

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. So, I sucked it up and consented. The reason?

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. And companies at every stage of the supply chain have inflated their prices as demand exceeds supply.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Game Changer

JULY 31, 2019

Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. But trust us, if you don’t have Supply Chain experience, you can’t.

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity. No end to end-to-end.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Logistics Viewpoints

MARCH 29, 2021

Mr. Elias and Mr. Stauffer spoke about the digital transformation the company is going through. The company is still somewhere in the “crawl/walk” phase. The company has 18 plants and operating locations in the US, Canada, and Mexico as well as plants and labs in the UK, China, and Indonesia. HWI Has a Complex Supply Chain.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. In the case of manufacturers, it means procuring raw materials that are responsibly sourced from the environment. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2 trillion by 2025. About the Author.

Logistics Network Optimization Software 130

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

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

Turvo

SEPTEMBER 24, 2021

On the surface, the Amazon Effect is the new standard of excellence that all customers have come to expect following the break-neck speed and low-cost, if not free, shipping associated with Amazon purchases. Increasingly, no industry is insulated from the Amazon Effect.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 70

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

Supply Chain Shaman

MARCH 12, 2019

Process gaps are larger in companies greater than 5B$ in annual revenues. This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. The market is over-hyped and often companies are not clear in their selection criteria.

Prescriptive Analytics Software 176

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 176

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. It includes tasks such as managing inventory, packing and shipping customer orders, and processing returns. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 92

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 92

AFFLINK

MARCH 6, 2017

In the foodservice industry, there are few better examples of great procurement management than McDonald's. Excellent procurement is part of the reason that McDonald's has been able to grow from a small family barbecue restaurant into a global conglomerate with more than 35,000 restaurants in over 110 different countries.

Optimal Sourcing 48

Optimal Sourcing Procurement Purchasing Skills Forecasting 48

Unleashed

AUGUST 29, 2023

It helps companies track and manage inventory items, customer orders, and inbound deliveries to bring costs down and improve overall efficiency. How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? How do they buy from you? I find that most of the time, companies cannot answer the first question of “ Who is your customer? How do they buy from you?”

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Segment your suppliers.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Herlitz Inventory Management

JANUARY 19, 2022

The company has trusted Herlitz Inventory Management and the powerful features in HIMPACT to optimize and stabilize the service levels and improve inventory turns. Manager of Procurement, Imperial Distributors. Manager of Procurement, Imperial Distributors. HIMPACT and Imperial have an excellent working relationship.”.

Optimal Sourcing 52

Optimal Sourcing Forecasting Forecasting Software Inventory Management Software 52

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Overall, total costs of the value network have increased because companies have not owned their networks. “ I scratch my head.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Companies need to rethink the misguided thinking on one-number forecasting. #2 ————————-.

Supply Chain Design Software 186

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

Enterra Insights

FEBRUARY 13, 2019

Nipa Basu ( @nipabasu ), Chief Analytics Officer at Dun & Bradstreet, adds, “Machine learning is changing the way businesses look at data and presenting new analytics opportunities for companies of all sizes. ”[2]. .”[4] ” Machine learning and the supply chain. Pattern recognition. ” 5. . ” 8. .

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

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. Product slotting , or having top demand SKUs near shipping, will reduce the cost of picking and put away. Be proactive with safety.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

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

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Unleashed

JANUARY 25, 2021

The purpose of a purchase order. Purchase orders are a crucial part of your purchasing processes. Purchase orders (PO) document the purchasing part of your inventory management system and are legally binding documents. How do you create a purchase order template? What should be included on a purchase order?

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Negotiate Pricing 90

NC State SCRC

MAY 1, 2020

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. The payment term was shifted with no prior notice.

Bangladesh 59

Bangladesh Apparel Supply Chain Planning Supply Chain 59

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. Meanwhile, outsourced logistics can help reduce your overhead costs by reducing the need for your company to own facilities and equipment, which can be expensive to maintain.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Kinaxis

OCTOBER 25, 2017

Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage. Instead of only using Supply Chain terms like fill rate, inventory turns, etc.,

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 111