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. They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. The most common reporting relationship in the supplier organization is to a leader of supply (focus on logistics, distribution, materials sourcing and customer service).

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Elementum

FEBRUARY 7, 2024

Internet of Things (IoT): Extending the Reach of BPA Internet of Things (IoT) enhances BPA by providing a continuous stream of real-time data for ML analysis, crucial for automating and refining operations. These evaluations should guide towards continuous improvement.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

MARCH 3, 2018

On Wednesday morning, when I finished speaking at the Foundation for Strategic Sourcing in Fort Lauderdale, an executive from J&J pulled me aside and said, “Our strengths, are now our vulnerabilities.” ” He continued, “Great mass marketing used be our differentiator, but now the barriers to entry have changed. .”

Supply Chain Design Software 152

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

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

Arena Solutions

OCTOBER 12, 2023

If you’re a product developer, manufacturer, or part of an engineering team, you know the excitement, challenge, and profitability that come from transforming an idea into an actual product. Quality management also plays a crucial role in product development. Going in with an open mind is really important to getting the most out of an audit.”

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. The right prediction and contingency planning tools will ensure a complete view and an effective response to risks such as suppliers going out of business, political upheaval, and natural calamities affecting manufacturing.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). However, Finance is now Fintech and Marketing is now Digital Marketing.

Supply Chain Design Software 109

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

Supply Chain Shaman

MARCH 15, 2016

The majority of manufacturing and retail companies want better performing supply chains. However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. An Old Gal on a Mission.

Supply Chain Software 150

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

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

Silvon Software

APRIL 18, 2024

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Here’s a quick glimpse at how: Automated Data Integration : AI can automate the integration of data from multiple sources, recognizing and aligning similar data fields automatically.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

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. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

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

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. 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. What drives my passion?

Supply Chain Design Software 150

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

GlobalTranz

FEBRUARY 2, 2015

Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. No Purchase Orders were used. The Ford Motor Company led by Henry Ford and The Toyota Manufacturing Company led the way to VMI.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Supply Chain Shaman

FEBRUARY 16, 2016

Historically, supply chain processes were functional focused on make, source and deliver. Many of my clients save 5-10% of funds from their continuous improvement projects and self-fund their efforts. Digital sourcing? Digital path to purchase? Cross-Functional and Horizontal. The next step is education.

Supply Chain Design Software 150

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

ShipBob

AUGUST 5, 2020

Source your products. Before you build an online store, you need to source your products. One of the key ways to succeed in online selling is by finding an affordable and reliable manufacturer or supplier. You can check out potential manufacturers by looking up their businesses online, and seeing what they have to offer.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

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

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

ThroughPut

MARCH 25, 2024

Companies that excel in demand forecasting can optimize their supply chain operations, reduce costs, increase profitability, and stay ahead of competitors in meeting customer needs while ensuring long-term success and resilience. Competitive Advantage Ultimately, accurately forecasting demand is a key driver of competitive advantage.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? What is supply chain planning? The process involved in supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Why do manufacturers need an effective supply chain plan? What is supply chain planning? The process involved in supply chain planning.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Unleashed

AUGUST 28, 2022

The manufacturing industry is a thriving area that keeps finding applications for upcoming technologies in its various processes. Manual methods that relied solely on a keen eye are now the core of some leading manufacturing software. Specific aspects of managing inventory include procurement, storage, and utilisation tracking.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

Supply Chain Shaman

FEBRUARY 25, 2016

The SCOR model defines functional improvements, but falls short in defining cross-functional supply chain transformation. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. Let’s start by addressing the barriers. Barrier #1. Inside-out Thinking.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning 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. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 208

SCMDOJO

APRIL 24, 2024

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57

synchrono

FEBRUARY 19, 2018

Through this guest blog series, my intent is to share some of my experiences implementing supplier quality and Lean manufacturing initiatives by focusing on eKanban systems. My first post offered advice for planning an eKanban rollout (advice that could be applied across any Lean manufacturing project). Problem solved. Problem solved.

Manufacturing Procurement 51

Manufacturing Procurement Six Sigma Continuous Improvement Sourcing Strategies 51

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. Companies using traditional technologies coupled with Excel spreadsheet ghettos will be at a disadvantage.

Supply Chain Planning Software 195

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

6 River Systems

FEBRUARY 22, 2019

As part of any warehouse’s KPI suite, cost indicators need to be measured, and there needs to be a focus of continuous improvement on these indicators. Inventory provides an excellent example of a cost indicator that should be measured and continuously improved. The top operators work at a 99.9%

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

ThroughPut

JUNE 24, 2022

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. When faced with a pandemic like COVID-19, establishing a good understanding of the impact on supply chains and contingency plans can help manufacturing companies deal with uncertainties in the right way.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

Arena Solutions

NOVEMBER 4, 2022

She earned a Master’s in Business Administration from the Leeds School of Business at the University of Colorado Boulder, and is certified by the American Society of Quality as Manager of Quality and Organizational Excellence, and also is a certified medical device auditor. She is a certified Master Black Belt from General Electric.

Quality 52

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

Logistics Bureau

SEPTEMBER 22, 2016

If you’re serious about continuous improvement and developing a best-in-class supply chain to serve your organisation, keeping your managers and workforce educated is paramount. Manufacturing Planning and Control for Supply Chain Management, by F. Purchasing and Supply Chain Management, by Robert M.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Education 40

QAD

OCTOBER 7, 2021

Over the last several years, all manufacturers have faced tremendous disruptions and the wine industry is no exception. Truck transportation continues to be challenged with driver shortages , tight capacity, and warehousing is likewise finding it difficult to source workers. That’s not all. That’s winemaking, too.

Supply Chain Design Software 93

Supply Chain Design Software Manufacturing Procurement Optimal Sourcing Prescriptive Analytics Software 93

Talking Logistics

SEPTEMBER 13, 2016

To build more powerful relationships, extending across a critical mass of trading partners, companies need to utilize a robust platform like a supply chain operating network, which leads to increased visibility for continuous improvements in company performance, agility, and differentiation.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Alloy

MAY 16, 2022

Marketing, sales and merchandising will need to coordinate with manufacturers as well as the retailer in question and account teams and planners will need to formulate a plan to meet demand. And if it is fulfilled, it might not arrive in time, resulting in costly buy-backs once the holiday has passed.

Alloy 52

Alloy Supply Chain Planning Software Forecasting Software Inventory Reduction 52