SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

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

Logistics Bureau

OCTOBER 10, 2022

Too much inventory in your distribution network? Inventory costs too high? These are all pervasive issues for supply chain operators worldwide—and are classic symptoms of suboptimal inventory performance. But what exactly does inventory optimisation mean, and what obstacles must first be broken down to achieve it?

Modeling 95

Modeling Inventory Reduction Network Optimization Supply Chain Optimization 95

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

NOVEMBER 29, 2021

Manufacturers and brick-and-mortar retailers have been using software to manage their inventory for years – but inventory management is even more important when you’re running a business that operates in the complex eCommerce space. Learn more: Guide to Effective Multichannel Selling What is eCommerce inventory management?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

GlobalTranz

AUGUST 10, 2016

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. University Courses. 2) Manufacturing and Supply Chain Management at Western Washington University. 1) Course in E Logistics and Supply Chain Management by National University. 3) OnCampus Texas.

Supply Chain Design Software 120

Supply Chain Design Software Course Supply Chain Planning Software Price Mitigation Strategies 120

QAD

APRIL 28, 2022

Disruptive technologies have become the standard in manufacturing, so much so that it’s easy to forget the unprecedented rate of change we’ve all become accustomed to, and that it all began with a single piece of software that changed life as we know it: the World Wide Web (WWW). Extending Manufacturing Capabilities with Cloud ERP.

Manufacturing Procurement 94

Manufacturing Procurement Analytics Software Supply Chain Design Software Supply Chain Network Software 94

Supply Chain Shaman

OCTOBER 11, 2012

” CFO of a major manufacturer. This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. Have the early adopters of inventory optimization seen a reduction in inventory on their balance sheets?”

Inventory Reduction 245

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 245

Kinaxis

OCTOBER 20, 2014

by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory. Except that your inventory costs millions of dollars.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

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.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Shaman

SEPTEMBER 27, 2021

Over the course of the five months, we iterated on the model over seven sessions. The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements. I asked Greg Aimi, currently at Gartner to help. In the process, we each had great insights.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. These functions include procurement, production planning, inventory management, logistics, and customer service.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Bureau

DECEMBER 20, 2021

As we are often asked about KPIs for inventory management , that’s what we’re going to focus on in this particular post. You will also understand their notable benefits to the inventory management discipline. 10 Invaluable KPIs to Track Inventory Management Performance. 1: Inventory Turns. million)/2 = 6.76.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. I find three: organizational design, executive understanding of supply chain, and the lack of a clear definition of an optimization function for supply chain excellence. Clarity of Supply Chain Excellence.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 297

USC Consulting Group

APRIL 1, 2020

Sales, Inventory & Operations Planning (SIOP) is a dynamic process in which the company’s operating plan is updated on a regular monthly or more frequent basis. Another contribution of Sales, Inventory & Operations Planning is that it enables the company to fine-tune its long-range strategic plan and annual business plan.

Inventory Reduction 75

Inventory Reduction Resource Reduction Supply Chain Planning Software Material Savings 75

SCMDOJO

NOVEMBER 2, 2023

Services Dr. Muddassir offer are as follows: Digital Transformation Inventory Optimization Analysis Advisory and Coaching for Supply Chain Software companies & Professionals Guide: Dr. Muddassir as the supply chain specialist has created 7 e-Books for the SCMDOJO Academy with his extensive knowledge and experience in the field.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

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. The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” The Preamble.

Supply Chain Design Software 183

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

Talking Logistics

SEPTEMBER 13, 2016

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. You’ll need both a broad perspective and lots of close examination. .

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. Lead times expanded even for domestic manufacturers because they sourced raw materials from overseas. Across the US, Ferguson has 6.5

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers. Image via StarAir.dk). Behind the Maersk shift.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Precoro

NOVEMBER 7, 2022

Of course not! What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Can a bakery produce bread without flour and sugar?

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

MARCH 3, 2013

It was called multi-enterprise inventory optimization. In the beginning, the inventory management solutions of LogicTools , Optiant and SmartOps pushed to take operations research to a new level through supply chain optimization. SmartOps was purchased by SAP. They knew little about the software market. It is no more.

Supply Chain Planning Software 212

Supply Chain Planning Software Modeling Optimization Software SAP 212

SCMDOJO

JANUARY 17, 2024

A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. They are in charge of purchasing, procurement, and sourcing. A capacity planner optimizes production capacity.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Supply Chain Shaman

MAY 21, 2013

Over the course of the last week, I have been working on healthcare research. Medical Device Manufacturer. In the last five years, while the physician is still important, the buying decisions transitioned from the supplier to the care provider. They are primarily focused on cost management on new purchase decisions.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

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. You got it! A Case Study.

Supply Chain Planning Software 259

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

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #6 Not effectively managing inventory. One example that I’ve seen several times is around inventory targets.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

QAD

MARCH 14, 2024

Cheers to another year of connecting with thought leaders, uncovering insights and challenging conventional wisdom as we steer the course toward an even more resilient automotive supply chain! Episode #48: Lean Manufacturing | Thriving or Dying in Today’s Automotive Supply Chain What does Lean mean to you?

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 79

Logility

APRIL 9, 2020

Of course, end-to-end visibility and automation/augmentation through advanced analytics and cognitive engines requires comprehensive, clean, consistent and current master and supply chain data. Change purchasing and manufacturing plans days or weeks sooner. Divert inventory on the fly.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 190

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Over the course of the last year, I have written about this extensively. The greatest gap is in the design of supplier and manufacturing networks.

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. What can you do to make sense of it?

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Kinaxis

FEBRUARY 22, 2019

to discuss vehicle customization by original equipment manufacturer (OEM) automakers and its impact on the supply chain of the future. And then there was a McKinsey article, which commented recently, that in the next four years, India would be the third biggest manufacturer , just lagging after China and the US. to a great extent.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Optimization Supply Chain Design 170

Supply Chain Insights

APRIL 20, 2017

As empowered consumers, we expect full inventories of the products we want all the time, easy shopping and buying online and having the precious purchase on our doorsteps the next day. The three main protagonists in this production are the consumer/shopper, manufacturer/supplier and the retailer.

Supply Chain Planning Software 110

Supply Chain Planning Software Costa Rica Manufacturing Procurement Eliminating Excel in Purchasing 110

o9 Solutions

MAY 26, 2021

For CPG manufacturers changing volumes from modern trade (hyper/supermarkets) to e.g. discounters, e-Commerce. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. Houston – We have a Supply Chain Problem.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

For CPG manufacturers changing volumes from modern trade (hyper/supermarkets) to e.g. discounters, e-Commerce. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. Houston – We have a Supply Chain Problem.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52