Logility

SEPTEMBER 24, 2013

You’ll note in the headline I use the preposition “of” instead of “to” when describing the “journey of Supply Chain Excellence.” The differentiator is whether Supply Chain Excellence is defined as a one-time project or as on ongoing process. Circuit City failed to adapt and is now history.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 100

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

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. Gartner 2021 Women in Supply Chain Survey Shows Resilience, Improvement in Representation. Published 27 May 2021.

Supply Chain Planning Software 177

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

Supply Chain Shaman

JULY 25, 2021

Functional excellence drove regional supply chain performance in the 1990s, but a focus on functional metrics in large, global and complex supply chains over the last two decades threw the supply chain out of balance. The average multinational has over a thousand continuous improvement programs. Supply chain leaders love fads.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

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. Today, for example, Amazon pre-loads un-purchased products onto a truck knowing they will be ordered by the time the truck reaches an area.

Purchasing Training 187

Purchasing Training Price Mitigation Strategies Training Freight 187

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. It was called, “ The Short List ”.

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 94

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 94

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 includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Furthermore, They are tasked with developing strategies, managing relationships with suppliers and partners, and continuously improving the supply chain. Ensure timely delivery of goods and minimize procurement costs.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

QAD

SEPTEMBER 8, 2022

I wrote an Excel macro to replace the stopwatch, showed up at 5:00 am to be part of the team (we had a video camera, this was not necessary), and implemented a time-neutral suggestion of hers along with my optimization. Make a visible effort to collect suggestions once a week for continuous improvement , and roll them out regularly.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 92

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. Procurement and Purchasing Cycle Lesson 7. Make or Buy decision Lesson 3. Trends and tendencies in procurement Lesson 3.

Purchasing Training 78

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 78

SCMDOJO

FEBRUARY 20, 2023

This involves understanding customer buying behaviour trends, seasonal variations, production schedules, and more. Implement Logistics KPIs Identifying and tracking key performance indicators (KPIs) is essential for improving distribution operations. Logistics KPI Dashboard Excel Template 4.

Inventory Reduction 101

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

GlobalTranz

FEBRUARY 16, 2016

An excellent Warehouse Management System (WMS) can help reduce costs by automating cycle counting, and maintaining location control. Create a consortium of buyers (a client and several of their suppliers) to buy needed logistics supplies (i.e. transportation fuel) at a reduced cost that comes with buying in greater quantities.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

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

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

For example, a 3PL can combine the freight of 30, 40 or 50 clients to give shippers far more buying power than they would command “going it alone” in these trying times. Commitment to continuous improvement, not just short-term savings: Transportation optimization is more than moving freight for the lowest cost. Excellence ?

Transportation Management 100

Transportation Management Optimal Sourcing Logistics Network Optimization Software Sourcing Strategies 100

Elementum

FEBRUARY 7, 2024

Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing. These evaluations should guide towards continuous improvement. Continuous Improvement Lastly, continuous improvement is crucial to the success of business automation.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

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. These new solutions use machine learning algorithms to detect and prevent fraudulent transactions and to continuously improve the accuracy of those detections over time.

Inventory Management Software 52

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

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering? Customization?

Supply Chain Design Software 150

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

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. Identify identical or similar MRO inventory stock items to determine if spending can be reduced through bulk purchases.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Herlitz Inventory Management

JANUARY 19, 2022

HIMPACT also offers the ability to upload other key information, like: Item Information Uploads – used to set initial forecasts and buying classes for large groups of items. Their developers perform at a very high level and they are up for any challenge and help us with any problem and continually improve the system.

Optimal Sourcing 52

Optimal Sourcing Forecasting Forecasting Software Inventory Management Software 52

Supply Chain Shaman

JULY 5, 2016

19 average) and 3 times better ROIC for the period (33% versus P&G’s 11%), note that none of these three household products companies made progress on supply chain excellence in the period of 2013-2015. Supplier relationships in household products are more buy/sell. While Colgate posted better margin (.21

Supply Chain Planning Software 150

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

ivalua

DECEMBER 6, 2022

Maverick buying . Fit for Purpose’ buying channels with guided buying . The way how these needs are managed are defined as buying channels. Buying channels take into account different product characteristics (e.g. Buying channels take into account different product characteristics (e.g. drives cost savings.

Optimal Sourcing 130

Optimal Sourcing Pricing Training Optimization Software Procurement Solutions 130

GlobalTranz

OCTOBER 23, 2015

Process improvements and Continuous Improvement Opportunities. Both parties must develop human resources to improve operations. Human Resources should be trained for continuous improvement. Six Sigma Quality and problem solving are necessary for Continuous Improvement.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

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. Others will have a purchasing or supplier management board at the senior management level.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Game Changer

JANUARY 19, 2022

For example, if you’re doing business with Chinese vendors, you might want to plan your purchase order timing. Inventory management solutions that include logistics management platforms and suppliers are an excellent way to determine the problem areas quickly. However, you may also implement fixes and spot the problem areas manually.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

DiManEx

SEPTEMBER 9, 2020

The person in this role will apply a blend of project management expertise, order management process and purchase experience and knowledge, (mechanical) engineering experience and excellent client service. This position will be responsible for delivering end-to-end business operational support to the client.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

SCMDOJO

MAY 6, 2022

No-code platforms allow for the creation of excellent applications and services by simply dragging and dropping components. The concept of no-code platforms is excellent and provides needed solutions to ease scalability. This approach has improved its stock control and enhanced the overall customer experience. Techcrunch.

Supply Chain Design Software 109

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 109

ThroughPut

FEBRUARY 2, 2024

This resulted in a 67% reduction in stockouts and a 30% decrease in fresh food waste, improving inventory management. By analyzing customer behavior, purchase histories, and search trends, Amazon predicts future product demand. Solution: Modern supply chain analytics solutions replace Excel dependence with cloud-based collaboration.

Prescriptive Analytics Software 52

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

SCMDOJO

OCTOBER 27, 2023

Long-Term Supplier Relationship Negotiation: Focused on establishing a long-term relationship with a supplier, this negotiation may include agreements for continuous improvement, innovation, and cost reduction. It could be: Volume and Scale: You are on a considerable leverage if you are buying in bulk.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Supply Chain Shaman

FEBRUARY 16, 2016

Many of my clients save 5-10% of funds from their continuous improvement projects and self-fund their efforts. Digital path to purchase? The automation of the moments of truth in the buying cycle to decrease demand latency and better sense shopper and consumer demand in real-time.) The next step is education.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

GlobalTranz

MAY 13, 2015

However, one thing that should come to mind is the prowess of the retail giant’s supply chain excellence. ” The Key’s To Walmart’s Supply Chain Management Excellence over the Year. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Arena Solutions

OCTOBER 12, 2023

Internal audits expose your strengths and weaknesses Internal quality audits can be an essential component of a manufacturer’s quality strategy because they can spot possible problems, put remedial measures in place, and work toward continuous improvement.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

Kinaxis

JANUARY 15, 2015

Consulting firms deliver strategy and process improvements, but leave the customer to execute and sustain the new process, while software companies sell new supply chain capabilities without executing and driving its adoption. The Talent Make vs. Buy Decision. What to Look for When Choosing a Partner.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software SCM Supply Chain Software 100

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. VMI is an excellent option for many dealers and distributors as it has the ability to increase inventory turns, reduce customer returns, reduce administrative costs and reduce lost sales. Stabilize the timing of Purchase Orders – PO’s are now generated on a predefined basis.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Eileen Fisher Renew is an excellent example of the reverse logistics process in action.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98