QAD

APRIL 13, 2023

While Contract Pharma & BioPharma manufacturers continue to experience an increase in demand for more projects, new challenges are emerging from nearly every angle including new regulatory and quality requirements, workforce shortages and of course, supply chain disruptions.

Pharmaceutical 92

Pharmaceutical Sourcing Strategies Manufacturing Procurement Optimal Sourcing 92

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

American Global Logistics

SEPTEMBER 12, 2023

Overview of Supply Chain Management Supply chain management encompasses the planning, sourcing, manufacturing, and delivery of products or services. In the past, companies focused on optimizing efficiency and reducing costs in supply chain management. Also, efficient packaging and distribution strategies reduce carbon emissions.

Sourcing Strategies 52

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

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 75

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 75

Unleashed

OCTOBER 5, 2023

Multiple processes must be continually optimised to ensure maximum cost-savings, order accuracy, and efficiency. Warehouse management involves overseeing the processes and activities within a warehouse to ensure efficient storage, handling, and distribution of goods or products. Managing a warehouse can be a complicated task.

Inventory Reduction 52

Inventory Reduction Waste Reduction Material Savings Resource Reduction 52

Unleashed

OCTOBER 4, 2023

But by following the best practices mentioned in this guide and optimising your fulfilment approach, you can efficiently fulfil every future customer order with confidence. Efficient order fulfilment is also crucial for customer satisfaction and retention. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Locus Robotics

JUNE 6, 2023

Imagine a well-oiled machine, where inventory seamlessly flows, driven by efficient logistics. However, this impressive arsenal of tools and data must march hand in hand with lean strategies that actively safeguard the bottom line. Boosting efficiency and minimizing accidents become paramount. The good news?

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Warehousing Optimization Software 52

Unleashed

JANUARY 25, 2023

In these tricky times, smart cash flow management strategies are essential to bring down costs (or push profits) in controllable areas, offsetting international instability. To improve cash flow, process optimisation is necessary. This is achieved through the implementation and continued improvement of cash flow management strategies.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Procurement Academy

FEBRUARY 6, 2024

Your organization’s supply chain can be the bedrock of a robust ESG strategy that will drive positive change and contribute to long-term sustainability. They’ve developed a clear set of responsible sourcing plans which get updated annually to ensure they continue to grow and develop.

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59

Logistics Viewpoints

JANUARY 18, 2024

1) Streamlined Data Flow and Process Automation Is all about AI At the heart of effective supply chain automation lies the seamless flow of data across various sources and digital platforms, akin to a well-constructed highway for data. This results in more accurate recommendations and efficient process automation.

Supply Chain Software 250

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Network Design Software 250

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Supply Chain Planning Software 85

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 85

Intelligent Audit

NOVEMBER 3, 2020

And supply chain leaders need to know what that means for peak season shipping strategy and how business intelligence , including analytics, can have a meaningful impact. . Extended Peak Season Strategy Characteristics Use Analytics in Tendering. Ongoing Review of Data Leads to KPIs to Enable Continuous Improvement.

Sourcing Strategies 98

Sourcing Strategies Resource Reduction Supply Chain Strategy Price Mitigation Strategies 98

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. To maintain efficiency during times of high demand, teams must have a system in place that allows them to easily scale up their processes as needed.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 130

Unleashed

DECEMBER 12, 2023

An intentional approach to bill of materials (BOM) management is essential for improving the efficiency of your manufacturing process. These components help manufacturers to effectively plan, source, and manage the production process. BOM management is a crucial aspect of efficient and successful manufacturing.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

RFgen

MAY 26, 2023

To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. In this article, we’ll dive into proven strategies to help you maintain the perfect inventory balance and keep your customers coming back for more. Got Inventory Problems?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting. Don’t worry.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Precoro

MARCH 30, 2022

A procurement team, if perceived as a partner rather than an executor by internal stakeholders when defining and executing the company's business strategy, proves to deliver. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte. What is a procurement strategy ?

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

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. What are the strategies that helped the best survive? Strategy 2: Build an adaptive and agile supply chain with rapid planning and integrated execution.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 78

RFgen

MAY 16, 2023

Enhanced Efficiency. Data-driven decision help businesses streamline operations and improve overall efficiency. Increased Customer Satisfaction : Accurate demand forecasting ensures that products are available when customers need them, leading to improved customer satisfaction and loyalty.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

Logility

JANUARY 18, 2024

To keep up with current market dynamics, planners need to modernize their traditional supply chain strategies with forecasts considering market signals and demand drivers that shift faster and more frequently. And AI’s decision-making precision and speed couldn’t come at a better time for supply chain planners.

Modeling 191

Modeling Optimal Sourcing Supply Chain Planning Software Supply Chain Software 191

Unleashed

JUNE 7, 2024

This view helps you to identify and manage risks, improve efficiency, and ensure compliance with various regulations. This guide covers some of the latest strategies and supply chain mapping tools for effective supply chain management , helping you to achieve significant operational improvements.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

QAD

APRIL 22, 2021

Recent business turbulence has increased the awareness among manufacturers for improved communication and collaboration with suppliers. This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Boost Long-term Supplier Relationships.

Manufacturing Procurement 80

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 80

ModusLink Corporation

APRIL 22, 2024

Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. By harnessing the capabilities of a global 3PL partner, companies can unlock new possibilities for efficiency, scalability, and innovation in their electronics assembly processes.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Unleashed

JUNE 4, 2024

The procurement processes you implement directly impact how efficiently the business operates. Common examples of these processes include vendor sourcing, supplier management, and purchase order management. Strategy is extremely important in the procurement process. When calculating costs, these qualify as direct costs.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Procurement Analytics 52

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? With the modern understanding of Tax, it’s clear that organisations need to own their own risk.

France 130

France Sourcing Strategies Optimal Sourcing Price Reduction 130

Silvon Software

APRIL 18, 2023

What’s really needed, though, is a cohesive measurement strategy that identifies goals, defines a portfolio of metrics to achieve them, and outlines an implementation plan to make it part of your ongoing business process. But for your measurement strategy to come alive, it should be implemented in technology for repeatability.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Supply Chain Management: Supply chain management takes on a comprehensive role in overseeing the entire journey of products, from their origin as raw materials or components through the stages of production, sourcing, and ultimately, final distribution to end customers. It involves receiving, tracking, and efficiently storing these products.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

QAD

JULY 13, 2021

I caught up with a former colleague recently to discuss her procurement project which comprised a year-long strategic sourcing engagement. During the project, she was able to rationalize the supply base, boost procurement efficiencies and drive positive financial results. Gain Efficiencies with Automation.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 98

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 195

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 195

ivalua

AUGUST 1, 2022

Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . In doing so, they have improved supplier collaboration and created a greater capacity for resilience, innovation, and continuous improvement. . Why is Holistic Supplier Management important?

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

Unleashed

APRIL 18, 2024

The manufacturing industry thrives on efficiency gains. Just-in-time (JIT) manufacturing is a production management approach that helps you lift efficiency and streamline your operational processes. Lean Manufacturing aims to streamline production by eliminating non-value-adding activities, enhancing efficiency, and reducing costs.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

Intelligent Audit

MAY 6, 2021

However, unpredictable environments and rising consumer demands require unprecedented efficiency and agility to react to changing network conditions with dynamic decisions. technologies are creating new opportunities to digitalize the value chain and create sources of insight and opportunities to optimize networks in real-time.”

Optimal Sourcing 59

Optimal Sourcing Network Optimization Sourcing Strategies Resource Reduction 59

QAD

AUGUST 4, 2021

Scarcity of semiconductors and delivery resources will continue to grow as technology developments and delivery demands continue to surpass industry capacity trends. Here are five strategies your automotive company should consider moving forward: . Become Supply Chain Focused. Supply Chain Cleansing . Focus on Scalability .

Resource Reduction 98

Resource Reduction Material Savings Sourcing Strategies Supply Chain Strategy 98

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

This entails staying well-informed about industry trends, harnessing technology for improved decision-making and transparency, nurturing strong partnerships with service providers, and continuously evaluating and refining procurement strategies to address the evolving complexities of container shipping.

Optimal Sourcing 130

Optimal Sourcing Procurement Sourcing Strategies Freight 130