SCMDOJO

MAY 2, 2024

Reduce Costs: By effectively managing disruptions and minimizing their impact, organizations can avoid costly downtime, production delays, and inventory shortages. Improve Efficiency: Flexibility, adaptability, and robustness characterize a resilient supply chain. A resilient supply chain can: 1. She holds a degree of MBA and MCIPS.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 74

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

SCMDOJO

APRIL 11, 2023

If you’re a supply chain management professional, you’re probably aware of how important it is to continuously improve your skills and knowledge in this field. It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. Fresh, easy to digest format.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

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. Innovation as Excellence.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Innovation Cost Reduction Strategies Vendor 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. Innovation as Excellence.

Agile and Lean Supply Chain 100

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

SCMDOJO

MAY 2, 2024

Reduce Costs: By effectively managing disruptions and minimizing their impact, organizations can avoid costly downtime, production delays, and inventory shortages. Improve Efficiency: Flexibility, adaptability, and robustness characterize a resilient supply chain. A resilient supply chain can: 1. She holds a degree of MBA and MCIPS.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 62

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. AI-driven systems improve understanding and management of workflows.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? Naturally, a supplier relations conflict exists.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

OptiProERP

APRIL 9, 2024

Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines. Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Order Management Once a quote is accepted, it transitions into an order.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. As the industry evolves and innovations improve, OTR freight management technologies offer?? Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Understand Data Integrity to Reduce Inventory Costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Synovos

AUGUST 21, 2023

The program recognizes the winners’ commitment to continuous improvement in the prevention of accidents at work while examining health and safety management systems, including practices such as leadership and workforce involvement. “RS Together, the two form the world’s first MRO supply chain services company with true global reach.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Optimal Sourcing 52

SCMDOJO

DECEMBER 14, 2023

This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it. Procurement Lead Time: Efficient procurement lead time ensures timely access to raw materials, a fundamental step toward efficient production.

Inventory Reduction 80

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 80

Supply Chain Shaman

NOVEMBER 21, 2018

In this push, Oracle, SAP and INFOR became revenue market leaders in APS, but under-served the market in the delivery of innovation. Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Tolerance of Supply Chain Leaders for Supply Chain Innovation. The drivers?

Supply Chain Planning Software 202

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 202

Supply Chain Shaman

MARCH 3, 2018

Locate them in an innovation center, not a function. Challenge them to build new capabilities working with innovative technology leaders. The innovation you need today will not come from large consultants or technology companies. I find most of them focus on improving the status quo and selling large system projects.

Supply Chain Design Software 152

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

Supply Chain Shaman

OCTOBER 1, 2013

Products have proliferated by 37% over the last five years and packaging suppliers are being asked to provide more and more innovation to help the food manufacturers bring new products to the market. OI has been more focused on transactional efficiency, procurement and IT standardization. The companies are similar in size.

Illinois 253

Illinois Waste Reduction Supply Chain Planning Software S&OP 253

Global Trade Management

DECEMBER 11, 2023

Harnessing the Power of Predictive and Prescriptive Analytics Predictive analytics is the key to foreseeing future events, such as equipment failures or the precise amount of inventory needed based on sales forecasts. Conversely, prescriptive analytics provides actionable insights, guiding businesses in making informed decisions.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. They can also contribute to the innovation and efficiency of supply chain processes.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. The goal is to keep inventory levels at a minimum to meet customer needs. Review Inventory turns and Return on Assets. Other areas to consider measuring as it relates to transportation: Managing inventory.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

JANUARY 6, 2016

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. 6 Benefits of Applying Useable Data in Logistics For Continuous Improvement. 5 Areas of Technology Application to Aid in Logistics Visibility and Communication for en Route Disruptions.

Transportation Management 120

Transportation Management Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies 120

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 52

Talking Logistics

JANUARY 23, 2017

Customers are expecting 3PLs to come in and have robust continuous improvement programs, they’re expecting them to be up to date on the latest technologies, to be innovators and thought leaders, and to drive year-over-year cost improvements. Is there still room for improvement in this area?

Logistics Network Optimization Software 80

Logistics Network Optimization Software Logistics Supply Chain Software Modeling Software 80

Supply Chain Shaman

AUGUST 11, 2014

We believe that a supply chain leader is defined by both the level of performance on the Effective Frontier (balance of growth, Return on Invested Capital, Profitability and Inventory Turns) and driving supply chain improvement. We think that it requires a focus on both total performance and measured supply chain improvement.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. Reduce inventory with cross-docking or use Kanban pull systems. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Supply Chain Matters

JUNE 15, 2023

Our Skowhegan factory expansion ensures their skilled craftsmanship and dedication to continuous improvement will help us meet our significant U.S. The announcement indicates: “ New Balance is proactively working to innovate and expand its domestic supplier network for its MADE U.S.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Manufacturing Sourcing Strategies 52

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. Balance innovation and standardization. Reward supplier companies that enable innovation.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. A company might order the same quantity of a product each month, not accounting for seasonal demand variations.

Prescriptive Analytics Software 52

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

GlobalTranz

FEBRUARY 16, 2016

A cross-functional Material Review Board (MRB) will reduce the need for additional space by reviewing obsolete, non-moving and slow moving inventory monthly, and sending disposition recommendations to top management. Encourages organized operations, which is directly linked to labor, efficiency, asset utilization, and inventory accuracy.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Industry Week, March, 2016).

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

BR Williams Supply Chain Management

SEPTEMBER 25, 2023

These regulatory requirements include clear documentation of procedures, regular performance assessments, and a commitment to continuous improvement. This standard requires organizations to define, document, and continually improve their processes. Quality Control: ISO 9001:2015 demands strict quality control measures.

Quality 52

Quality Optimal Sourcing Cost Reduction Strategies Logistics Network Optimization Software 52

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Unleashed

DECEMBER 5, 2023

Goods are being produced, procured, and delivered more efficiently with reduced costs. Inventory management Inventory management can feel like a constant battle for eCommerce retailers. In this video, Sam Walker of Flowstore explains how AI-powered inventory management has improved their replenishment strategy.

Inventory Management Software 52

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

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Improved Supply Chain Resilience Anticipating demand fluctuations allows companies to adjust their inventory levels proactively, thereby reducing the risk of stockouts or overstocking.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logility

JUNE 24, 2021

a leader in supply chain innovation powering the sustainable and resilient enterprise, received Supply & Demand Chain Executive’s 2021 Top Supply Chain Projects award (formerly known as the SDCE 100). “It Berlin Packaging drove increased supply assurance for their customers through Logility partnership.

Supply Chain Planning Software 26

Supply Chain Planning Software Logility Supply Chain Design Software Demand Planning Software 26

RELEX Solutions

JUNE 19, 2017

Løvenskiold searched for more effective store operations and wanted to offer better procurement support to their stores. In the first phase, order proposals will be generated for the Maxbo stores, followed by a second phase which will include the procurement process for the central warehouse. RELEX will be implemented in two phases.

Cost Reduction Strategies 0

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Planning Software 0

Supply Chain Game Changer

JUNE 8, 2021

The next phase of supply chain innovation is going to be faster and more disruptive then previous ones. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Ask questions about actions taken to drive change and tolerance for risk associated with innovation. Find a mentor.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industry Industrial 97