SCMDOJO

FEBRUARY 19, 2024

In today’s fiercely competitive business landscape, the quest for continuous improvement has become imperative for small and medium-sized enterprises (SMEs) to thrive. – Operational improvements (reduction of lead time, increase in productivity, and reduction in work-in-process inventory, etc.).

Six Sigma 75

Six Sigma Optimal Sourcing Continuous Improvement Agile and Lean Supply Chain 75

Global Trade Management

DECEMBER 11, 2023

Introduction Supply chains are the lifeblood of any business, serving as the vital link between suppliers, manufacturers, and end consumers. Algorithms process input data such as current inventory levels and anticipated demand, producing recommendations for raw material procurement.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. If you’re new to order fulfilment and inventory management , you’ll need a firm understanding of the backorder process. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Logility

JANUARY 25, 2018

Traditionally, complexity required increasing inventory levels to buffer against the unknown, which in turn brought about more scrutiny from senior management as working capital increased. Industry research and surveys point to Inventory Optimization (IO) as a key capability to combat these growing supply chain stresses.

Modeling 100

Modeling Prescriptive Analytics Software Inventory Reduction Optimization Modeling 100

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. Curt goes into detail on how back orders affect inventory policies and how to calculate the economic order quantity for inventory policies that allow back orders.

Supply Chain Design Software 113

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 113

Supply Chain Matters

APRIL 28, 2023

This second in this series provides a specific focus for the now growing importance for increased operational excellence and efficiencies for companies whose products are anchored in process and batch manufacturing process environments. It is a complex challenge requiring consistent and relevant information.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

Supply Chain Shaman

NOVEMBER 1, 2015

Dealing with the talent shortage in emerging economies will redefine human resource policies and industry consortia programs. Within manufacturing companies, with business process outsourcing, as the number of supply chain leaders decreased , power shifted to financial teams. There is continuous pressure on costs.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 150

Unleashed

JANUARY 31, 2023

Ideal product flow efficiency is achieved by optimising inventory control , minimising supply chain interruptions, and eliminating downtime. Establish a Just-in-Time strategy To reduce inventory wastage, a pull system – also known as a just-in-time (JIT) strategy – is introduced. Goods can be produced in greater quantities, faster.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

Elementum

NOVEMBER 17, 2022

For supply chain, accountability has two main venues: Internal Accountability: Supply chain is almost always (much) more decentralized than other functions, like planning, manufacturing, logistics, etc. For every business, there’s now an existential connection to continuous improvement. Want to Learn More?

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 78

Elementum

NOVEMBER 17, 2022

For supply chain, accountability has two main venues: Internal Accountability: Supply chain is almost always (much) more decentralized than other functions, like planning, manufacturing, logistics, etc. For every business, there’s now an existential connection to continuous improvement. Want to Learn More?

Supply Chain Software 78

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 78

Supply Chain Shaman

AUGUST 14, 2016

The focus is on channel data: price; inventory positions; and policies. It is about much, much more than Vendor Managed Inventory (VMI ) or Collaborative Forecasting and Replenishment. (The Order Policy. The use of customer segmentation to determine priority in matching inventory with orders during the order cycle.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

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

ThroughPut

DECEMBER 6, 2023

Businesses can access historical data, market trends, and other external factors and, by plugging in predictive analytics, gain invaluable insights that streamline inventory management, demand forecasting, transportation planning, risk mitigation, and overall decision-making processes. So, how does predictive analytics help with that?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Unleashed

MARCH 6, 2024

This can reduce lead times , inventory costs, waste, and errors – and improve customer loyalty and retention. It involves the preparation of contingency plans for different situations to help you reduce uncertainty and risk and optimise inventory levels and costs. How can I assess the agility of my current supply chain?

Agile and Lean Supply Chain 52

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

Taulia

MARCH 2, 2023

At Zenith Precision Machining, there is a policy of multi-sourcing suppliers, which are selected according to several criteria, including price, quality, reliability, and flexibility. Inventory is tracked and controlled in real time with inventory management software. Their supply chain is organic and somewhat antiquated.

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

QAD

MAY 16, 2019

Facilitate continuous improvement. More emphasis on risk management and contingency plans throughout the supply chain including a cybersecurity policy. A deeper alignment between strategies, objectives and continual improvement. Benchmark supply chain operations. Increase customer satisfaction.

Supply Chain Planning Software 101

Supply Chain Planning Software Inventory Reduction Material Savings Automotive 101

Supply Chain Shaman

MAY 21, 2013

Medical Device Manufacturer. While hospital supply chain organizations have made progress in the last decade, the gap has widened between the supplier sectors of pharmaceuticals and medical device manufacturers and other manufacturing industries. Buckle to sales tactics and conventional relationships policies.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. Multi – channel capabilities : The WMS can manage inventory and orders related to both B2B and B2C simultaneously. Vendor-managed inventory (VMI).

Warehousing 52

Warehousing 3PL Negotiating Skills Logistics Network Optimization Software 52

Unleashed

DECEMBER 5, 2023

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. Now, however, AI is transforming the way eCommerce merchants approach demand forecasting.

Inventory Management Software 52

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

Logistics Bureau

DECEMBER 20, 2016

It’s not that complicated, but there are three component areas that require a laser focus; inventory, policies, and planning. Let’s be clear about one thing; your company’s customers don’t care one little bit about your internal costs associated with inventory.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Supply Chain Game Changer

NOVEMBER 7, 2018

In the exponentially growing E-Commerce market place customers expect, and demand, a hassle free returns policy. They will check out the returns policy before making a purchase. They will go elsewhere if there is not an easy returns policy and practice. I prefer the simpler definition provided by the RLA. Trillion worldwide.

Reverse Logistics 60

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

Supply Chain Movement

JULY 19, 2016

As Senior Manager/Associate Director Demand & Supply you have excellent interpersonal written and verbal communication skills in English with the ability to present inventory strategies to all levels. – excellent pension policy. Knowledge of additional languages like Dutch, German or French is an advantage. – and more….

Supply and Demand 60

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

Supply Chain Shaman

JULY 22, 2016

This includes: new product launch forecasting, seasonal inventory targets, demand affinities, push-based inventory strategies, demand shaping activities (price, promotion, run-out strategies, sales incentives, trade incentives), and turn-based volume. The automotive manufacturer had a surplus of green vehicles that no one wanted.

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. While supply chain teams can quickly learn and deploy these platforms, you may not have complete control regarding security and governance policies in place. This approach delivers a unique solution.

Supply Chain Design Software 109

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

GlobalTranz

MAY 20, 2015

We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. When you choose a company to transport your freight or to supply you with the materials you need to manufacture a product, you are putting your hard work and reputation in their hands. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Trend

DECEMBER 22, 2023

In that order, because we first have to be able to orchestrate and digitize the decision process, including all data, plans, parameters, and decision policies that feed into it, before we can augment or automate. However, for a manufacturer a price or promotional change might first need to be aligned with the customer.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

Precoro

FEBRUARY 26, 2024

Examples include human resources or IT departments, manufacturing plants, or project teams. An example of a machinery cost center would be a manufacturing plant without employee expenses. Manufacturing Cost Center A manufacturing cost center is a facility where expenses are incurred for producing goods.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

6 River Systems

FEBRUARY 22, 2019

Choose software that facilitates the valuation and control of permanent inventories based on inputs or outputs, with automated stock alerts, that is versatile and independent of the type of business. Define normal parameters and fine-tune the physical inventory system. Once the method is working, standardize it. Robin Schwartz, PHR.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Arkieva

SEPTEMBER 29, 2016

As I watched each candidate explain their viewpoints and policies, I drew a parallel to the conversations that manufacturing companies often must have when discussing why they need a “best of breed” supply chain solution. At the end of the day, most businesses make decisions with the overall goal of improving bottom-line results.

Supply Chain Planning Software 60

Supply Chain Planning Software Procurement Solutions Supply Chain Software Supply Chain Optimization 60

ShipBob

AUGUST 5, 2020

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. Note: Be sure to post your shipping policy on your site so it’s easy for customers to find.

Purchasing Skills 99

Purchasing Skills Manufacturing Procurement Sourcing Strategies Optimal Sourcing 99

Arkieva

DECEMBER 7, 2016

For many companies, the term “inventory optimization” has become more of a catch phrase than an actual reality. The idea of cutting inventory costs while maintaining the same level of customer service is rather elusive. Inventory, together with receivables, are essential components of the cash-to-cash cycle time.

Optimization Software 60

Optimization Software Supply Chain Planning Software Inventory Reduction Supply Chain Optimization 60

The Network Effect

OCTOBER 3, 2014

Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. These trading partners include customers, suppliers, contract manufacturers, 3PL’s, 4PL’s, carriers, warehouse operators etc.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

Elementum

FEBRUARY 7, 2024

Advances in technology drive the automation and continuous improvement of business workflows. It goes beyond traditional automation by encompassing a wider array of processes and focusing on both the effectiveness and the continual improvement of workflows.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Arena Solutions

AUGUST 7, 2023

The development team often takes on NPD, which is the actual creation of the product to satisfy a market need—from pre-production to manufacturing. It’s called NPI instead of NPD because NPI is focused on the product from the manufacturing perspective. What’s your policy toward rights-to-repair? Will your product be sustainable?

Supply Chain Design Software 63

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

Ware2Go

DECEMBER 16, 2021

During the historically slow shipping season, businesses rushed to re-stock inventory depleted during COVID-19 shutdowns, worsening already unprecedented freight delays. Ahead we’ll examine exactly what is behind continued freight delays and how merchants of all sizes can get ahead of disruptions that are projected to continue well into 2022.

Freight 99

Freight Inventory Reduction Price Reduction Cost Reduction Strategies 99

USC Consulting Group

DECEMBER 9, 2019

It is responsible for gathering data and then using the garnered information to inform decision making that fosters continuous improvement to address issues as they occur. Maximizes the potential of available workspace, equipment, inventory, and human resources.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software Supply Chain Network Software 72

6 River Systems

DECEMBER 11, 2018

NetSuite has launched a supply chain snapshot feature that’s a central part of any control tower that shows all of your inventory and related transactions with the ability to filter by subsidiary, location, etc. “As for your internal systems, real-time inventory management helps you manage your fulfillment warehouses.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75