SCMDOJO

JULY 3, 2023

Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Procurement Academy

JANUARY 16, 2025

A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Supply Chain Shaman

MAY 18, 2019

Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains. Don’t rush to buy. The result?

S&OP 230

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 230

SCMDOJO

APRIL 11, 2025

Identify Bottlenecks & Opportunities: Quickly spot areas that are underperforming and need attention or areas where you’re excelling. Control Costs: Track value beyond just the purchase price and manage inventory effectively. Our course breaks down TCO/TCS. Do you rely on a single source for critical items?

Pricing Training 72

Pricing Training Negotiating Skills Optimal Sourcing Purchasing Skills 72

Supply Chain Shaman

JANUARY 14, 2013

It was a story where people believed that functional excellence leads to supply chain superiority. I strongly feel that a blind focus on functional excellence will cause the supply chain to become out of balance. Over the course of the last decade, we have gone backwards not forwards. One that is going to eat you up!

Supply Chain Planning Software 260

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 260

Supply Chain Shaman

JUNE 16, 2014

Over the course of the last year, I have written about this extensively. These tools allow us to look at sell, source, make, and deliver together. I would build an expertise system in the Supply Chain Center of Excellence. Market volatility is increasing and supply chains can respond, but they cannot sense. I am an old gal.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

Logistics Viewpoints

MARCH 1, 2021

But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. It was predictable.

Modeling 270

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 270

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

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared. – Technology Evolution Outpaced Adoption. No one knows. What to do?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. 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. 22,000 containers move annually through 53 ports. Across the US, Ferguson has 6.5

Supply Chain Design Software 300

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 300

Supply Chain Game Changer

SEPTEMBER 7, 2022

It’s excellent protection against rain on what could’ve been a perfect day, too. You can attain an industrial tent by either buying or renting it. If you have an event coming up or need extra room for personal effects, continue reading to find out whether you should buy a tent or rent one. When To Buy. When To Rent.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Purchasing Training Industrial Industry 98

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. However, it’s designed to equip professionals with the tools they need to succeed in today’s dynamic procurement environment.

Negotiating Skills 59

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 59

SCMDOJO

JULY 28, 2022

The purchasing department purchases different types of goods and services. However, when you buy something, you may not always know all the suppliers that offer a particular product. This means that every time you host a sourcing event, the same suppliers bid on the same products at the same prices.

Negotiate Pricing 132

Negotiate Pricing Purchasing Skills Procurement Solutions Negotiating Skills 132

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! My passion for Logistics and Supply Chain is founded from.

Sourcing Strategies 246

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

Supply Chain Shaman

DECEMBER 26, 2012

I was at three clients’ sites over the course of the last two weeks. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. ” I smiled.

Manufacturing Procurement 207

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 207

Kinaxis

OCTOBER 20, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. I lost track of how many carrots we had and ended up buying more when we really didn’t need any. In a make to stock environment, if I have a 6 month cumulative lead time, my forecast is being used to buy inventory today for something I’m going to sell in 6 months.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

Jaggaer

MAY 8, 2025

She works with supply chain leaders to take teams to higher levels of excellence and is an influencer with more than 340,000 followers on LinkedIn. How well you integrate the suppliers in your processes of course depends on how well you perform as a trading partner you are. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

ivalua

MARCH 28, 2019

Over the years, we have moved from the first spend analysis initiatives, laboriously building Excel-based “spend cubes”, through to today’s automated, cloud-based, AI-driven, integrated, holistic (add your own buzz-word here…) procurement platform. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Logistics Bureau

NOVEMBER 3, 2024

Of course, it is helpful to have some statistics on hand to validate the statement above. This formula has enabled Whirlpool to endure and thrive in the 13 years since it set out to build an adaptive supply chain, but of course, the work never ends. If you want business success (and who doesn’t?),

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence. Over the course of around 15 years, the company perfected the strategy. Book your free consultation.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

Talking Logistics

SEPTEMBER 13, 2016

Intra-company and intercompany, across the supply chain and across the globe, from the operator level to the management suite, information on all aspects of production, manufacturing, sourcing, and distribution is increasingly visible and accessible at all levels, so that appropriate decisions can be made and applied.

Real-time Visibility 100

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

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.

Logistics Network Optimization Software 177

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

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. What is Strategic Sourcing? Strategic Sourcing does exactly the same by addressing the total cost.

Manufacturing Procurement 90

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 90

Talking Logistics

MARCH 5, 2018

The big question, of course, is how to get started. Too often companies think it starts with buying a new ERP or other enterprise software solution. This idea that you have to begin with buying a big new ERP or enterprise system is where many companies get stymied because of the potential high cost and long implementation times.

Supply Chain Software 136

Supply Chain Software Logistics Network Optimization Software Supply Chain Eliminating Excel in Purchasing 136

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

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. Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups.

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. How do they buy from you? How do they buy from you?” The journey began with a one size fits all approach in 2008, and the policies evolved over the course of the last seven years. Both improvement and performance define supply chain excellence. Why does it matter to you?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ivalua

MARCH 14, 2019

But now with strategic sourcing and category management, the process has become much easier to track, monitor and control. Add sourcing workflow to the mix, and introduce machine learning that can link directly to the supplier and track savings, then you can start to see where the science comes in. Register here for Ivalua NOW Paris.

Procurement Analytics 100

Procurement Analytics Procurement Purchasing Skills Eliminating Excel in Purchasing 100

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. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The Preamble. The River of Demand. #3

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

Kinaxis

JUNE 30, 2017

There is omni-channel you can buy products anywhere, you can order stuff from your mobile phone and then get delivered to your home, and so on. In today’s world, with buy anywhere, pick up anywhere kind of paradigm, supply chains are a lot more complex. The data sources and the types of data are exploding, if you look at it.

Supply Chain Planning Software 151

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 151

SCMDOJO

JUNE 9, 2025

For teams looking to systematize their logistics documentation practices, SCMDOJO’s Logistics Management Track and Mastering Transportation Management System courses offer practical training on how to implement digital tools, automate document flows, and optimize transportation records across the supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

Kinaxis

MARCH 3, 2017

by Trevor Miles These were the words that popped out at me during an excellent presentation by Alex Brown of Xilinx during his keynote presentation. Alex addressed one aspect of this issue during his presentation when he discussed the Economic Order Quantity calculation, a classic of all Industrial Engineering and Operations Research courses.

Purchasing Skills 100

Purchasing Skills Forecasting Supply and Demand Optimal Sourcing 100

AIMMS

JUNE 23, 2016

Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly. The trick of course is to combine these two approaches. What should you choose?

Prescriptive Analytics Software 156

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

Supply Chain Shaman

JANUARY 27, 2015

Over the course of the last six years, in the Consumer Products Industry, based on Rob’s study, the number of items has proliferated by 30%. Data sourced from the Terra Technology 2014 Benchmarking Study. This is his fifth year of studying demand processes.

Supply and Demand 150

Supply and Demand Supply Chain Planning Software Forecasting Supply Chain Software 150

Enterra Insights

SEPTEMBER 15, 2022

They explain, “The ability to deploy data as a competitive business asset is what has distinguished a set of well-established, data-rich companies who have reigned as market leaders over the course of the past several decades. … This requires having a roadmap to build (or buy) an enterprise-wide data platform.”

Analytics Software 147

Analytics Software Sourcing Strategies Supply Chain Design Software Demand Planning Software 147

AIMMS

JUNE 23, 2016

Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly. The trick of course is to combine these two approaches. What should you choose?

Prescriptive Analytics Software 136

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