SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. As a first step, we’re operating a “lean” Control-Tower within our supplier relationship management system.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. How do you know you are getting what you paid for? 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

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

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 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

SYSPRO Smarter ERP

JUNE 6, 2022

Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability. Instead of JIT and Lean, the mantra should be Risk, Transparency and Resilience. However, these business models have led to unintended consequences, such as not getting inventory when it is needed.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

QAD

AUGUST 12, 2021

As companies include more sustainable sourcing efforts within their procurement and supply chain operations, ERP plays a key role in accurately analyzing, evaluating and monitoring suppliers to ensure the right choices are made to meet sustainability goals and preserve resources. Waste Reduction – Nobody likes waste, especially manufacturers.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Talking Logistics

FEBRUARY 4, 2016

Lean Six Sigma (LSS) thrives on the notion that there is always room for improvement, and it looks to eliminate defects that can hinder the flow of a process from moving toward its performance end goal. The question to pose instead is “How can we improve?” Continuous Improvement from the Bottom Up.

Six Sigma 100

Six Sigma Optimal Sourcing Agile and Lean Supply Chain Logistics Network Optimization Software 100

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

SCMDOJO

MARCH 8, 2024

This iterative approach allows businesses to continuously improve their inventory management processes, leading to measurable success over time. Act: Continuous improvement is key to optimizing inventory management processes. This helps in reducing safety stocks and streamlining inventory management processes.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

The Logistics of Logistics

MAY 26, 2022

Trey is a Brand Ambassador at Lean Solutions Group , a nearshore service provider that delivers high-quality business solutions in staffing, tech, marketing, and sales for U.S.-based Trey Griggs is a Brand Ambassador at Lean Solutions Group and the Founder and CEO of BETA Consulting Group (BCG). About Lean Solutions Group .

Logistics Network Optimization Software 255

Logistics Network Optimization Software Lean Analytics Software Cost Reduction Strategies 255

FourKites

JANUARY 7, 2021

Emphasizing agile and lean logistics management will allow you to outperform slower competitors through the ability to make informed decisions on the fly, rather than relying on gut instinct or incomplete information. What is the Difference Between Lean and Agile Supply Chains? How to Improve Supply Chain Agility.

Agile and Lean Supply Chain 52

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

Unleashed

AUGUST 20, 2023

It includes everything from the procurement of raw materials to production, inventory management, and shipping. How to shorten lead times You can take several strategic actions to shorten lead times and improve overall efficiency in delivering products. Here are a few of the most useful ones. Let’s break down the most common ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . 4) Improve Materials Management Competency in Supply Base. .

Supply Chain Planning Software 120

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 120

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. Measure what matters for continuous improvement in your processes.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Taulia

MARCH 2, 2023

It covers the full range of supply chain processes, from procuring raw materials to delivering the finished products to customers. The procurement manager places the usual order with the supplier every quarter. Supply chain strategy differs from supply chain management in that it’s more concerned with the ‘why’ than the ‘how’.

Negotiating Skills 52

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

SYSPRO Smarter ERP

JULY 19, 2022

Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. However, manufacturers can only reap those benefits if they implement the right processes to enable this approach and embrace a strategy of continuous improvement. What is lean manufacturing?

Manufacturing Procurement 105

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 105

ThroughPut

JANUARY 2, 2024

Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules. Continuous Improvement Dell continuously refined its processes to reduce cycle times and improve quality.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Movement

MARCH 27, 2014

Stephen O’Mullan, Executive Director, Global Procurement & EMEA Fulfilment Operations, Dell. Key topics that will be addressed at the 16th Annual Supply Chain and Logistics Summit include: Improving demand management planning and customer collaboration. Mark Foscoe, Group Logistics Manager, Mitsubishi Electric.

Agile and Lean Supply Chain 90

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 90

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. Staying abreast of the state-of-the art in Supply Chain Management : extended Lean initiatives in the Supply Chain, Robotics, and Voice of the Customer (VoC) to improve Supply Chain performance. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

GlobalTranz

FEBRUARY 16, 2016

Tomorrow we will continue the series where we will talk about best practices to use with inventory management and how the application of LEAN can further the quest for logistics cost reduction.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

NC State SCRC

MARCH 25, 2021

Because procurement executives were so focused on cost, they did not worry about shipment velocity. Any asset that is not producing value is considered waste, and a fundamental of “lean thinking” is that inventory is waste, and time is money. For many years, as we moved to low cost countries, the shipping industry benefited.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. forklifts, pallet jacks) Packaging materials Transportation within the facility By implementing lean strategies into your processes, you can reduce your holding costs and improve operational efficiency in one fell swoop.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

USC Consulting Group

JANUARY 4, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Five Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Learn about this in more depth in “ With Fresh Eyes, Consultants Can Help Improve Organizational Efficiency.” Listening is a big part of the job.

Sourcing Strategies 40

Sourcing Strategies Manufacturing Procurement Six Sigma Optimal Sourcing 40

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Lean manufacturing and just-in-time production minimize waste and inventory levels while maximizing efficiency.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

synchrono

JANUARY 8, 2018

They are the automated replenishment signals that are so vital to Lean and Demand-Driven Manufacturing environments. Upon consumption of a Kanban, a signal is sent to a supplier or contract manufacturer, bypassing the standard procurement process and shortening cycle times. Electronic Kanban (eKanban) software is a classic example.

Vendor Strategies 75

Vendor Strategies Inventory Reduction Inventory Manufacturing Procurement 75

Supply Chain Game Changer

AUGUST 27, 2019

This interview is with Ron Emery, Continuous Improvement Consultant, Author and Entrepreneur. Unlike a lot of the old school Procurement managers who tried to rule with an iron fist Ron approached his job, and people, in a much different way. Ron Emery, Continuous Improvement Consultant, Author and Entrepreneur.

Continuous Improvement 8

Continuous Improvement Optimal Sourcing Manufacturing Procurement Waste Reduction 8

GlobalTranz

JANUARY 4, 2016

2016 Supply Chain Trend #5: Agile = The New Lean. The fundamentals of the Lean Supply Chain are still valuable, but there is a shift to Agile? Considering individualization and growing complexity, the lean concept is, however, no longer sufficient. 2016 Supply Chain Trends: The First 7 of 12.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

Supply Chain Shaman

MAY 21, 2013

We have used Lean process systems and swim-laned ourselves to death. 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. Generalize procurement of materials.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

USC Consulting Group

JANUARY 10, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Four Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Operations consultants will first look at your current operations model, systems and day-to-day processes of getting the job done. Listening is a big part of the job.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

TMC

SEPTEMBER 22, 2016

But they are more than just whiteboards – they are visual management tools that help drive alignment, consistency, creativity, team-building and continuous improvement. For example, a customer’s tender acceptance rates had unaccountably fallen one month.

Optimal Sourcing 48

Optimal Sourcing KPI Logistics Network Optimization Software Supply Chain Network Software 48

Supply Chain Shaman

AUGUST 11, 2014

We took a holistic approach to accomplish this goal by developing training programs and tools to ensure that all employees had an accurate picture of total cost and how to drive improvements. I strongly believe diversity of experience and thought leads to improved performance. Our aim was to maintain a 3 to 3.5

Case Study 286

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

RFgen

MAY 16, 2023

These insights are critical to procurement and warehouse management. Increased Customer Satisfaction : Accurate demand forecasting ensures that products are available when customers need them, leading to improved customer satisfaction and loyalty. FAQs Q: How does data analytics help in optimizing inventory management processes?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Logistics Bureau

JANUARY 19, 2016

While this article is not going to focus on lean practices, the importance of keeping waste and process inefficiencies to a minimum can never be stressed enough when it comes to controlling expenditure and preventing cost blowouts in the supply chain. Improve integration of IT applications to improve visibility.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

Supply Chain Movement

MAY 19, 2016

“As senior vice president operations, I am the business owner of all operations from demand planning to execution, procurement to manufacturing. With an ultra-lean supply chain in place we have moved to the next step, which is to build in flexibility and agility to meet customer requirements and hence build customer intimacy.

Supply and Demand 60

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

Supply Chain Game Changer

JANUARY 15, 2020

A Responsive Supply Chain is ready to answer demand and always focuses on the need for continuous improvement. supplychainmanagement #procurement #logisticsmanagement. Train everyone on standardized operations. Increase the Value of Your Supply Chain With the Right Partner Now. Supply Chain Personified!

Supply Chain Planning Software 53

Supply Chain Planning Software Supply Chain Software Vendor Strategies Supply Chain Strategy 53