Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. The result is high costs and unsatisfied customers. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. In this guide to lean logistics: What is lean logistics?

Agile and Lean Supply Chain 98

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

GlobalTranz

SEPTEMBER 23, 2021

The state of the trucking market in 2021 is uncertain, filled with risk, and continues to evolve, making logistics management challenging.? Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

FEBRUARY 5, 2024

Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 243

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 243

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Whether you’re a recent graduate or contemplating a career change, uncover key insights for establishing the groundwork of a thriving career in the dynamic world of supply chain. Lucky for you.

Supply Chain Planning Software 70

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

GlobalTranz

MARCH 7, 2016

The digital business landscape for a shipper, such as the use of an ERP, TMS, and other digital aspects, such as The Internet of Things , provides unparalleled insight into how an organization in the supply chain can improve efficiency, visibility, and productivity. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

GlobalTranz

MAY 18, 2018

Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

Elementum

FEBRUARY 7, 2024

These tasks range from simple data entry activities to more intricate operations like managing the supply chain. This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

GlobalTranz

DECEMBER 29, 2014

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. Some logistics involves transportation or warehouses or both.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Unleashed

APRIL 21, 2024

While order processing ensures the accuracy and efficiency of the sale transaction, order fulfilment focuses on the logistics needed to physically deliver the product to the customer, on time and without errors. A sales order is a legally binding agreement that signifies the acceptance of the purchase conditions by both parties.

Inventory Management Software 52

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

Unleashed

MARCH 6, 2024

Supply chain agility is the ability of a supply chain to respond quickly and effectively to changes in customer demand and external pressures. This guide breaks down supply chain agility – its benefits and the best-practice strategies for achieving it. Why is supply chain agility important?

Agile and Lean Supply Chain 52

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

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. What is logistics management?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

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

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

by Madeline Smith , Supply Chain Management Consultant at Clarkston Consulting. Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process?

Supply and Demand 246

Supply and Demand Inventory Reduction Supply Chain Planning Software Supply Chain Planning 246

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. There are many definitions for lead time in supply chain management. Let’s dive in. Here are a few of the most useful ones.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Supply Chain Shaman

FEBRUARY 16, 2016

At their request I wrote on the digital supply chain. Digital supply chain is such a buzzword. The digital supply chain is about SO much more than gadgets.” Yet, within the supply chain, everyone waits for data and insights. One of my clients waits four days for a custom report.

Supply Chain Design Software 150

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

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. Many logistics service providers will provide their customers with an SLA.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

ThroughPut

JANUARY 23, 2020

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. According to Gartner , supply chain organizations expect the level of machine automation in their supply chain processes to double in the next five years.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimal Sourcing 52

Veridian Solutions

AUGUST 21, 2018

Omnichannel supply chains are increasing in complexity and prevalence for good reason. Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices.

Price Reduction 45

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 45

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Consumer Goods.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

The Logistics of Logistics

OCTOBER 8, 2012

As a contract customer, upfront costs will be a subject of discussion and negotiation. The relationship will not work without trust and Continuous Improvements through constant communication in your relationship. He also writes for THE GOOD WORD, LinkedIn and other Supply Chain Blogs. He is certified as a C.P.M.,CPIM,

Third Party Logistics 145

Third Party Logistics Negotiating Skills Purchasing Skills KPI 145

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. This iterative approach allows businesses to continuously improve their inventory management processes, leading to measurable success over time. Activate: Initiate a frame contract with the supplier.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. New Supply Chain Leader of a Regional Children’s Hospital. “We Supply Chain Leader of a Large Hospital. “We

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

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. Why is reverse logistics important?

Reverse Logistics 98

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

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Explore Modern End-to-End Supply Chain for Real Business Growth. Explore Modern End-to-End Supply Chain for Real Business Growth.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

Logistics Bureau

APRIL 4, 2022

At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now. Alternatively, you can procure access to a digital freight benchmarking platform.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

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 ). What are No-code Platforms? Benefits of No-code Platforms.

Supply Chain Design Software 109

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

Talking Logistics

APRIL 27, 2016

As digitization continues to modify the global supply chain landscape, its unprecedented data sources and solutions will lead to not only the demise of disparate information systems, but to the rise of true, end-to-end, supply chain visibility. Improve lead times and performance.

Optimal Sourcing 100

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 100

Logistics Viewpoints

NOVEMBER 23, 2020

In supply chain management, it is widely accepted that holding enough finished goods inventory to fulfill every order is just too costly. The thinking goes that at some point, improving service levels means you are not adding inventory in a linear manner but rather exponentially. Over the last few years,” Mr. Stephens explained.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Talking Logistics

NOVEMBER 15, 2016

Freight Audit may not be the sexiest aspect of transportation management, but that doesn’t mean it doesn’t play a critical role in helping companies effectively manage and control their transportation spend, as well as provide valuable insight to drive continuous improvement. What are those value levers?

Freight 0

Freight Analytics Software Procurement Analytics Sourcing Strategies 0

Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. MRO inventory can account for a sizeable portion of a business’ total procurement spend. Why is MRO inventory management important?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. Returns management vs. reverse logistics Returns management refers to managing the entire returns process.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

DiManEx

SEPTEMBER 9, 2020

Job title: Supply Chain Business Developer Reporting to: COO Level: Senior Location: EU Contract hours: Fulltime DiManEx solves global supply chain challenges Our Story We address global supply chain challenges of international companies by using various digitization services and high-quality 3D printing!

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 52

Logistics Viewpoints

MAY 15, 2023

Steve Lewis, the president of GXO Direct, the shared services division of GXO Logistics, spoke at Blue Yonder’s ICON user conference. Blue Yonder is one of the world’s largest providers of supply chain software solutions. In GXO’s annual report it states that roughly 30 percent of its revenue is from automated sites.

Supply Chain Network Software 209

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 209