Supply Chain Shaman

NOVEMBER 21, 2018

The industry does not have a definition. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Instead, these measurements should be plotted along with these seven parameters of planning to drive continuous improvement. Inventory levels?

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Supply Chain Shaman

MARCH 3, 2018

I find most of them focus on improving the status quo and selling large system projects. Their focus is on continuous improvement of current processes. I define the digital supply chain as “rethinking the atoms and electrons of the supply chain to improve value.” So what to do? ” This takes many forms.

Supply Chain Design Software 152

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

Supply Chain Shaman

MAY 21, 2013

By and large, they struggle to gain cross-functional alignment on process redesign to improve outcomes. They lack the understanding of continuous improvement programs and struggle with alignment. Accept the definitions of processes and relationships of the industry. Generalize procurement of materials.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve. None of it adds value in itself.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

Logility

AUGUST 30, 2016

We try to measure “better-faster-cheaper” by developing indexes based on margin, asset efficiency, inventory turns, supply chain cost as a percentage of sales, or growth. We use this relative positioning to derive high-value improvement initiatives that will lead us up the maturity curve. None of it adds value in itself.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Vendor Strategies Cost Reduction Strategies 100

ShipBob

OCTOBER 1, 2021

To make their supply chains more lean, retailers can explore different supply chain optimization techniques throughout procurement, production, and distribution, or outsource supply chain management to a 3PL. Reduce inventory waste. Why retailers are creating lean supply chains. 6 tips for lean supply chain management.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Let’s get started with definitions, differences and benefits. To address these challenges, supply chain professionals must adopt advanced forecasting methods. What is Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Game Changer

NOVEMBER 7, 2018

10 Different Definitions! I prefer the simpler definition provided by the RLA. What it meant was that the company had not spent any time to develop better forecasting, planning, and inventory management systems and processes. 10 Different Definitions! Subscribe Here! Email Address. I’d never heard of such a thing.

Reverse Logistics 60

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 60

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. This is the world view of finance and why there is so much friction between procurement and finance.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Elementum

FEBRUARY 7, 2024

Advances in technology drive the automation and continuous improvement of business workflows. This section will explore the definition of a digital process and trace the journey of digital transformation through history. Key Takeaways Digital processes enhance business agility and operational efficiency.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Infosys Supply Chain Management

SEPTEMBER 30, 2015

This would cut the in-house maintenance cost hugely and reduce the pressure on Plant Manager in procuring skilled labor, etc. Outsourcing of EAM could also open door to outsourcing full/partial inventory management & procurement process which would definitely be an added advantage and help in optimizing processes further.

Optimal Sourcing 20

Optimal Sourcing Modeling Software Manufacturing Procurement Resource Reduction 20

The Network Effect

OCTOBER 3, 2014

Today, in order to accomplish these goals, continuous improvement in global supply chain execution has become a core supply capability required by most automotive OEM’s. As mentioned above, significant effort has been put into guidelines like the MMOG to measure and improve the performance of those capabilities.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

Supply Chain Shaman

SEPTEMBER 13, 2016

It is clear that new outcomes cannot happen through a focus on traditional continuous improvement programs. The change in front of us will transform the base-level definitions of source, make and deliver. Imagine what the processes of manufacturing, transportation and procurement can be in Supply Chain 2030.

Supply Chain Planning Software 195

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

GlobalTranz

JUNE 2, 2016

The definition of "embedded" by itself is as follows, according to Dictionary.com : verb (used with object) , embedded, embedding: 1. Procurement can have a supplier embedded in their location as well. It would mean joint problem solving/joint idea sessions/brainstorming continuous improvement and co-creation.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Unleashed

OCTOBER 23, 2023

The main benefits of production planning include: Business-wide visibility: A production plan lays out all the manufacturing processes and required materials, including what you need to procure and what’s already available. Reduced waste: Optimising processes and inventory means gaining a more accurate understanding of your requirements.

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

Arena Solutions

AUGUST 7, 2023

Product Definition: Understand your market size—have a refined product concept. Procurement will also be heavily involved at this step. Digital transformation is a cost-effective way of executing NPI for organizations to shorten product lifecycles, reduce supply chain volatility, and assess future risk, and inventory risk.

Supply Chain Design Software 63

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Optimal Sourcing 63

GlobalTranz

AUGUST 9, 2016

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels.

Waste Reduction 120

Waste Reduction Agile and Lean Supply Chain Cost Reduction Strategies Lean 120

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. Is there a need to link into their systems relating to inventory/Warehousing or catalogues for example? Typically, on Indirect Spend, suppliers can be engaged by users; how should these suppliers be viewed and handled by Procurement and other users? Introduction. Under Review.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

Precoro

AUGUST 31, 2023

Develop a Cost Reduction Strategy The finance team, procurement team, project managers, and department heads develop an estimation of future costs and a cost-saving strategy based on the processed data and business needs. Cost saving is never an “introduce and let it be” process but one requiring continuous improvements.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Infosys Supply Chain Management

MARCH 6, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. During peak processing periods - like year closing activities, balance sheet preparation, inventory reconciliation etc. Typically, organizations have a very high lead time for procuring hardware and setting up networks.

Supply Chain Planning Software 35

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chain Planning 35

Supply Chain Shaman

AUGUST 3, 2016

Let’s start with a definition. I find five common definitions: Tight Integration of Transactional and Planning Data. Companies with a deep focus on Sales and Operations Planning (S&OP) will often default to this definition. Few implementations of planning connect to procurement and transportation. Get Started.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150