QAD

MARCH 31, 2020

In some cases, only one or two companies in the world can produce the components ANCA needs. Inevitably, the procurement process is complex and challenging to manage. In some cases, only one or two companies are capable of making the components ANCA needs, and lead times can be up to 12 months. Manage consignment inventory.

Manufacturing Procurement 118

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 118

Supply Chain Game Changer

JULY 2, 2021

Shipping container shortage article and permission to publish here provided by Sam White at Argentus. The massive global shipping squeeze. But still, we want to take a moment to talk about this major emerging issue, how it’s set to play out of the coming months, and ways that companies can respond. Subscribe Here! Email Address.

Shipping 105

Shipping Agile and Lean Supply Chain Supply and Demand Price Reduction 105

Logistics Viewpoints

DECEMBER 12, 2022

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. The fast-growing company generated over $5.5

Supply Chain Planning Software 200

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 200

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. With companies producing more and more products worldwide, the issue of keeping track of enormous amounts of parts and materials used in the manufacturing process has grown increasingly complex.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

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

Logistics Viewpoints

FEBRUARY 20, 2023

Supply Chain Resilience Depends Upon End-to-End Visibility Service companies, where one firm takes over a set of duties that used to be done in-house, is quite common. Companies are outsourcing all sorts of things – call centers, janitorial services, accounting, IT services, and the list goes on. The right IT is critical.

Supply Chain Planning Software 211

Supply Chain Planning Software Logistics Network Optimization Software GEP Supply Chain Software 211

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

SCMDOJO

APRIL 22, 2024

As recent times have shown us, political matters across the world can have an impact on shipping routes, thus affecting the prices of goods all around the world. Among surveyed respondents, nearly 97% of industrial product companies saw disruptions during the pandemic. How Can We Create More Resilient Supply Chains?

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

RFgen

JUNE 2, 2023

A New Perspective on Inventory Management Inventory management can feel like a constant game of cat and mouse—chasing after ever-changing demand while trying to balance stock levels. As revealed in the RFgen Digital Inventory Report , a major challenge in inventory management is having too many challenges.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Software 52

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. In 2020, the company had expanded beyond providing over the road visibility to providing end-to-end visibility across multiple modes and regions. That is fast growth.

Real-time Visibility 218

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 218

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

EMERGE App

DECEMBER 12, 2019

But you don’t have the capital to invest in it, or perhaps you’re reluctant to leave your day job and invest in your own eCommerce company. If you’re that kind of person, then drop shipping is the thing for you. What is Drop Shipping? You don’t need to own a warehouse and pile up the inventories. Scalability.

Shipping 69

Shipping Manufacturing Procurement Purchasing Skills Procurement Solutions 69

Logistics Viewpoints

APRIL 10, 2023

The company, headquartered in Stoughton Massachusetts, is now headed by Adam Franklin. Sporting Goods companies must be able to support dramatic changes in demand and fast-growing new business lines. Without an efficient supply chain, a company can’t meet the demand that exists, and competitors swoop in and grab market share.

Security 197

Security Supply Chain Planning Jordan Forecasting 197

Taulia

SEPTEMBER 7, 2022

For many companies, the production of finished goods from basic materials is key to operations. But those goods and materials, referred to collectively as inventory, can be difficult to manage efficiently – especially at scale. Ineffective management of inventory can be extremely harmful to operational success.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Many companies discovered that their legacy systems could not keep up with or could not be modified to accommodate change. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Managing Inventory.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Supply Chain Shaman

OCTOBER 13, 2022

While shipping craziness is abating, the issues and implications of the Russian-Ukrainian war, energy shortages in China and Europe, food instability in Africa, and the global water crisis reverberate as disruption after disruption in the supply chain. Inventories increased by 44% due to supply chain volatility. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. About 9% even had stopped offering free shipping to recover costs, while 7% held off on ordering peak inventory to see if prices would level off.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Supply Chain Shaman

JANUARY 31, 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 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

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 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ShipBob

NOVEMBER 24, 2023

The root of many inventory management challenges lies in treating all stock equally—when in reality, each item should be assessed and segmented individually. This is where inventory segmentation can help. It’s a strategy that categorizes inventory based on factors like demand patterns, lead time, value, and more.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Sourcing Strategies Inventory Management Software 52

Logistics Viewpoints

DECEMBER 5, 2022

But Molex, a global electronics and connectivity solutions company, has been investing in their intelligent digital supply chain strategy to improve their supply chain agility and customer experience. The company is present in 38 nations and has more than 40,000 employees. It is part of Koch Industries. The Molex Supply Chain.

Agile and Lean Supply Chain 196

Agile and Lean Supply Chain Rail Software Manufacturing Procurement Supply Chain Planning Software 196

SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. 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.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

Precoro

NOVEMBER 13, 2023

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Precoro

MAY 19, 2023

A transparent and well-controlled supply chain plays a crucial role in a company’s success. To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Supply Chain Brain

APRIL 19, 2023

Software companies are looking at how the tool can improve forecasting, procurement, inventory management and even the nuts and bolts of shipping decisions.

Supply Chain Software 69

Supply Chain Software Inventory Management Software Forecasting Software Forecasting 69

BlueYonder

JUNE 16, 2022

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. Only then can companies get out ahead of the disruption — and their competitors — and solve it,” he notes. There’s no end in sight to these challenges,” he notes. “In

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Logistics Viewpoints

JUNE 20, 2022

VF Corporation (VFC) is a global apparel, footwear and accessories company headquartered in Denver, Colorado. The company’s 12 brands are organized into three categories: Outdoor, Active and Work/Work-Inspired. The company sells their goods in over 125nations and has approximately 1300 company owned stores.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

The Logistics of Logistics

NOVEMBER 8, 2021

After selling his agency back to the parent company, Matt started an expedited company which exposed him to the big changes happening in the warehousing space. To support same-day, next-day shipping, some companies are opening warehouses that are smaller and located closer to population centers. Labor crisis. popcapacity.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. If something were to happen in Taiwan—like the recent 7.4

Sourcing Strategies 101

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 101

RFgen

JANUARY 16, 2023

The product starts with Coca-Cola, which sells the necessary components to bottling manufacturing companies. With over 225 bottling partners worldwide and over 900 Coca-Cola bottling plants, this localized approach allows the company to deliver a drink from the factory straight into the hands of a customer with ease. Quality control.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Then the process was put to test in recent times, as increasing demand and supply side shocks caught companies flatfooted.

S&OP 244

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 244

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. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192