Supply Chain Shaman

JULY 5, 2016

However, in the writing of the recent report on the Household Products and Beauty industries, my observation is that companies are stuck in neutral and going backwards. Who is performing the best in this industry? The industry as a whole struggled. As an analyst, I get to watch and observe industry progress. Reflections.

Supply Chain Planning Software 150

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

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 252

Logistics Network Optimization Software Innovation Logistics Optimization Software 252

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. Despite these sizable hurdles, women are making huge contributions to advance the supply chain industry. How did you overcome them?

Supply Chain Planning Software 177

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

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

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 97

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 97

Supply Chain Shaman

MAY 21, 2013

Here are some of the quotes from the workshop I led yesterday that helped me to better understand the industry: “A process born out of chaos is chaos. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. The problem is us. Medical Device Manufacturer.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

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. What is Manufacturing?

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

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. I hope we can agree that Amazon will disrupt an industry if it wants to. Two thirds of American households buy from Amazon.

Purchasing Training 187

Purchasing Training Price Mitigation Strategies Training Freight 187

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies.

Purchasing Training 81

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 81

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 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

QAD

SEPTEMBER 8, 2022

As an industrial engineer responsible for optimizing a production area, I suspected that a setup step was causing downstream inefficiencies. Here are a few practical tips for exhibiting empathy, focused on involving your skilled workers in problem-solving: Implement or Renew a Continuous Improvement Program. Also, yes. .

Supply Chain Design Software 90

Supply Chain Design Software Supply Chain Planning Software Optimization Software Supply Chain Software 90

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. The results for the high tech and electronics industry is shown in Figure 1.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

SCMDOJO

FEBRUARY 20, 2023

Conduct an Operational Assessment The first step in boosting the performance of your distribution operations is to assess your current processes and identify areas for improvement. In recent years, the distribution industry has witnessed rapid growth, with fierce competition arising from the advent of eCommerce.

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 104

Talking Logistics

FEBRUARY 24, 2015

While some organizations have the human capital, industry depth and expertise, and IT infrastructure to manage their transportation on an insourced basis, a majority do not. billion, according to a recent research report from industry watchers Armstrong & Associates. Excellence ? Global 3PL revenues grew to $676.9

Transportation Management 100

Transportation Management Optimal Sourcing Logistics Network Optimization Software Sourcing Strategies 100

Supply Chain Shaman

MARCH 3, 2018

I have been an industry analyst for sixteen years. ” 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. How do we compete?”

Supply Chain Design Software 154

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 154

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

SCMDOJO

MAY 6, 2022

No-code platforms are taking industries by storm and creating prospects for businesses seeking application solutions in ways we did not consider possible. The supply chain and related industries can gain a competitive edge using no-code platforms. No-code platforms are not just a concept but a foot transforming the supply chain market.

Supply Chain Design Software 111

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 111

Unleashed

JANUARY 24, 2022

In many industries PPE accounts for a significant amount of MRO inventory spend, and as the current pandemic has shown, it is essential to maintain effective MRO inventory control. Often MRO stock that is urgently needed is obtained via expedited, last-minute or on-the-spot purchasing that has higher purchasing and delivery costs.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

DiManEx

SEPTEMBER 9, 2020

DiManEx serves global customers in the Industrial, Transport, Household Appliances, Packaging and Automotive segments. Customers like Dutch Railways, Sidel, Case New Holland Industrial and Caterpillar. We do this by using advanced analytics, digitization and 3D printing.

Supply Chain Planning Software 52

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

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. They are the most prevalent in the consumer electronics industry. Customer-Centric Supply Chain Processes. The Building Blocks.

Material Savings 197

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 197

Arena Solutions

OCTOBER 12, 2023

1 This year’s medical device industry is projected to grow from $536.12 However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. In 2022 alone, the global aerospace and defense market size has grown from $795.92 billion to $855.62 billion in 2023.

Quality 86

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 86

Supply Chain Game Changer

JANUARY 19, 2022

An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. In other words, it provides you with a real competitive advantage against some companies in your industry. This way, your supply chain will be as cost-effective and lean as possible.

Vendor Strategies 109

Vendor Strategies Inventory Reduction Cost Reduction Strategies Resource Reduction 109

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 Procurement Solutions Optimization Software 130

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 91

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 91

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. There are no shortcuts and no easy answers.

Supply Chain Planning Software 100

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

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Supply Chain Shaman

MARCH 15, 2016

The company is a B2B Supply Chain Operating Network supporting the automotive and aerospace industries. In our research, discrete industries–aerospace, automotive, hi-tech, and semiconductor– rate themselves as performing better, being more proactive, and having greater alignment. State of Industries.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Logistics Viewpoints

APRIL 25, 2024

The solutions, as with so many supply chain industry inefficiencies, lie in digital transformation, process reengineering and collective action — of all the links in the chain, yards are one of the least digitized. Create a facilities “Center of Excellence.” But these are not intractable problems. Top-down process standardization.

Expense Reduction 231

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 231

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. What metrics do others (in my industry) use? Where do I begin? Some companies may have a board of directors.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

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

FEBRUARY 2, 2015

No Purchase Orders were used. The use of Vendor Managed Inventory model has gained acceptance in many industries. 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.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

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. restaurant industry made in 2013. million employees without a focus on good supply chain management.

Gartner 120

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

Supply Chain Movement

MAY 19, 2016

Nokia’s 150-year history is one of reinvention; recently it has been changing and innovating almost as fast as the telecommunications industry itself. In 2013 Nokia took full ownership of Nokia Siemens Networks, buying the other half of the venture from Siemens, and 2014 sold its handset business to Microsoft. By Helen Armstrong.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

ThroughPut

NOVEMBER 12, 2020

However the current situation shows certain weaknesses in warehousing practices being followed: Lack of a strong technology focus for efficiency and quality improvement Absence of valid methodologies to identify the root causes of bad performance in a structured approach. Lean warehousing. This helps meet the growing demand of the market.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

synchrono

OCTOBER 30, 2017

Successful projects start with buy-in from the top and an eKanban initiative is no exception. Let your leaders know project success is accelerated through gaining universal buy-in. (If Corporate leadership sponsored and evangelized the project, but we still needed buy-in at the local plant level.

Inventory Reduction 38

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 38

SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 75

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 75