The Logistics & Supply Chain Management Society

APRIL 19, 2023

As a result of these God given advantages, farmers have exploited these and through innovation managed to feed a big part of the world far beyond what that country or region needs for their own consumption. These cycles are based on the position away from the equator, creating four seasons: winter, spring, summer and autumn.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Logility

FEBRUARY 3, 2022

For example, when Tiffany’s decided to stop using coral , the company looked past the effect of coral sales on its bottom line. A company that wants to make spectacular wine, for example, needs spectacular grapes. Of course, this creates additional costs, but it also creates a long-term competitive advantage.

Sustainability 130

Sustainability Vendor Strategies Expense Reduction Cost Reduction Strategies 130

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Game Changer

AUGUST 22, 2022

Provide An Excellent Customer Support. Over ½ of them were encouraged to make a purchase in such online facilities and recommended it to their friends and relatives. Experience shows that even buying ads isn’t necessary because you can get a voluminous auditory in a few days of being active. Don’t spare the money on such cases.

Supply Chain Design Software 94

Supply Chain Design Software Optimization Software Modeling Software Eliminating Excel in Purchasing 94

ivalua

APRIL 5, 2019

I’m not a “petrolhead” (my wife has always been more interested in F1 than me), but the constant cycle of improvement and innovation in the sport is fascinating, all designed to make the cars go faster and improve the chances of winning. Author: Peter Smith , Managing Director at Procurement Excellence Ltd. ©Peter Smith 2019.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. This can be achieved through reduction in prices of purchased products & services and reduction in their specific consumption.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

Supply Chain Game Changer

APRIL 15, 2020

I don’t know about you, but I typically frequent the same store; the ICA in Täby, Sweden, and I’m there once every other week to buy groceries for the coming two weeks. When I hear the word startup I think instantly of tech, innovation, market expansion, disruption, new products, and exciting opportunity. What do you have to lose?

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

AIMMS

JUNE 23, 2016

Another example, this time in the oil industry, would be an oil blending app. With a custom-built solution, you get flexibility and innovation but you also need to think about governance. “Ninja” solutions are ideal to experiment, foster innovation and evolve as your business grows. Oil blending is not easy.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Let’s take an example. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

AIMMS

JUNE 23, 2016

Another example, this time in the oil industry, would be an oil blending app. With a custom-built solution, you get flexibility and innovation but you also need to think about governance. “Ninja” solutions are ideal to experiment, foster innovation and evolve as your business grows. Oil blending is not easy.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. The example that I give in the first post is the focus of manufacturing strategies to drive strong results to improve Return on Assets (ROA) that have actually caused a deterioration in operating margin. These technologies are mature.

Supply Chain Planning Software 259

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 259

Cognira

OCTOBER 18, 2023

Navigating the Grocery Retail Profitability Storm How digital innovations transform the landscape amid industry challenges October 18, 2023 Promotions Home The grocery retail industry is at a crossroads, brought to the forefront by enlightening discussions during the Groceryshop 2023 sessions. Adaptation and innovation have become imperative.

Price Reduction 52

Price Reduction Retail Expense Reduction Resource Reduction 52

Supply Chain Game Changer

SEPTEMBER 30, 2020

Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Sure, you can try and shuffle through the rows and columns of your Excel Hell, build custom algorithms, and visualize a bar chart.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Claritum

AUGUST 4, 2020

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. function.Focused purely on moving purchase transactions though the. The focus should be on automating the buying process from a. needed on the flow of purchasing transactions.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

ThroughPut

FEBRUARY 2, 2024

Whether it’s choosing optimal shipping routes, adjusting inventory levels, or setting production schedules, it leverages predictive insights to recommend the best course of action. Here’s a look at some real-world examples and applications of supply chain analytics.

Prescriptive Analytics Software 52

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

Claritum

NOVEMBER 16, 2018

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. The focus should be on automating the buying process from a user/departmental perspective. Introduction. Step 1 Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Logistics Bureau

OCTOBER 19, 2020

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. Suppose you wanted to be the fastest runner in the world, for example. It can stimulate healthy internal competition, which in turn helps to promote and develop a more innovative business culture. Those levels are “benchmarks”.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Freightos

JANUARY 8, 2019

They’re licensed to be an ocean freight forwarder, and they’ve bought some aircraft and an airport; and of course they are a huge warehousing player. Today, you buy a seat on a plane and the seat is there waiting for you. You never tell your customer what your buy rate is. EasyJet, for example, uses dynamic pricing.

Freight 150

Freight Pricing Training Negotiating Skills Purchasing Training 150

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Procurement Academy

MARCH 12, 2024

In response to these challenges, Skill Dynamics is proud to introduce the Future Skills course for Cost Optimization. This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

HICX Solutions

AUGUST 11, 2021

Of course, there are a few challenges that you encounter and we are tackling them,” he explains. The one who has actually been there and supported them, had a relationship and listened, and, when they were in need with payment terms, or in areas of innovation, made them feel important and their voices heard. Impact on the ecosystem.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

BlueYonder

FEBRUARY 20, 2018

Over the course of four days, I heard some excellent presentations on cyber security, communication standards, artificial intelligence, machine learning, bots, supply chain, organizational anthropology and much more. The bus example is just one facet of this, but there are many others.

Manufacturing Procurement 46

Manufacturing Procurement Supply Chain Network Software Supply Chain Planning Software Network Optimization 46

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Of course, I can only agree with their insights and the critical role of Procurement in solving business and societal problems, but one process is often overlooked.

Optimal Sourcing 130

Optimal Sourcing Pricing Training Optimization Software Procurement Solutions 130

Proxima

MAY 31, 2019

The full benefits from a fully-enabled and empowered supply chain will be delivered by buying organisations and their supply markets cooperating, creating and driving innovation to meet the ever more complex needs of their end customers. Is the public sector being left behind? But perhaps the hardest barrier to overcome is cultural.

Negotiating Skills 40

Negotiating Skills Buyer Training Supply Chain Planning Software Optimal Sourcing 40

Logistics Bureau

NOVEMBER 27, 2016

While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. Of course Unilever also recognises the sustainability impacts of its internal supply chain activities.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

BlueYonder

FEBRUARY 20, 2018

Over the course of four days, I heard some excellent presentations on cyber security, communication standards, artificial intelligence, machine learning, bots, supply chain, organizational anthropology and much more. The bus example is just one facet of this, but there are many others.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Network Software Supply Chain Planning Software Network Optimization 40

QAD

JANUARY 16, 2024

Beyond Location Tracking: Life-Saving Innovations My sisters and I have a group chat where we “gather the data” on my mom’s day-to-day activities. You’re probably thinking, “Are you crazy, letting your 84 year old mother drive after an incident like that,” but she is actually an excellent driver. Do we do that?

Forecasting Software 88

Forecasting Software Demand Planning Software Optimization Software Las Vegas 88

GlobalTranz

FEBRUARY 25, 2015

Editor’s Note: This is our second post in a collaborative blog post series about mobility in manufacturing & logistics along with Catavolt, who helps manufacturing organizations drive operational excellence with mobile apps. This new era brings with it an acceleration of innovation and disruption.

Internet of things 120

Internet of things Manufacturing Procurement Logistics Network Optimization Software Supply Chain Network Software 120

Requis

JUNE 25, 2020

Susie Bodnar is part of the generation that is driving supply chain innovation forward. For example, at the start of the COVID-19 pandemic, there was high traffic for delivery times, but wait times went down. The organization is evolving, thanks to its board members who are agile, innovative people with many decades of experience.

Supply Chain Planning Software 52

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

Supply Chain Network

MARCH 26, 2012

Though the company had benefited from equity interests in franchised bottling groups, the need to make more from less prompted Coca-Cola to buy out their main North American distribution groups. Setting a Good Example. This indomitable supply chain innovation is now being put to use for the delivery of much-needed medications.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Resource Reduction Supply Chain Strategy 97

Logistics Bureau

OCTOBER 23, 2016

For any fresh-food retail or supply business professional, the following seven insights into fresh supply chains around the world offer some ideas and innovations to consider , the adoption of which can open doors to meaningful cool-chain performance improvement. This is nothing new of course. Know Your Supply Chain Challenges.

Waste Reduction 40

Waste Reduction Supply Chain Design Software Expense Reduction Supply Chain Planning Software 40

6 River Systems

FEBRUARY 22, 2019

For example, the counting is carried out by personnel from another department other than the warehouse, who carry out samplings to perform surprise counts in order to check the reliability of the inventory, count more frequently the assets of greater value or greater turnover, etc. Then implant control methods. The top operators work at a 99.9%

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

MIT Supply Chain

FEBRUARY 12, 2015

How can companies emulate Apple’s talent for innovation? How does a company such as Apple create incredibly successful innovations? There are many reasons, of course, and lots of theories about how enterprises can develop an ear for exceptional product ideas. Corporate (tunnel) vision.

Innovation 40

Innovation Vendor Strategies Expense Reduction Resource Reduction 40

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

Cost Reduction Strategies 89

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 89

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers. About the Author Dr.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

HICX Solutions

AUGUST 26, 2021

The recent HICX Supplier Experience Survey found that 78% of procurement professionals think that their suppliers would rate them as excellent or best-in-class. Adam agrees, as he adds, “I was really surprised that 78% thought that they were excellent. Have I got a purchase order? Has the purchase order come in?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Eliminating Excel in Purchasing 52

Precoro

FEBRUARY 13, 2023

When the budget is tight, it’s a good incentive for employees to become creative and search for innovative solutions. The projection period can be a year, quarter, month, week, or even a day, as long as it’s recurrent and makes sense in terms of how much and how often a company makes purchases. We'll go over them here.

Procurement Solutions 98

Procurement Solutions Forecasting Software Predictive Analytics Software Expense Reduction 98