SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Supply Chain Shaman

FEBRUARY 1, 2024

Over the course of the last decade, his story is the same. Rolling up a perpetual inventory signal takes eleven hours. Through the use of a NoSQL unified data model, the company is able to now move data within 15-minute increments improving the data flow for inventory availability to improve allocation and ATP processing.

Supply Chain Planning Software 317

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 317

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

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

Precoro

NOVEMBER 7, 2022

Of course not! In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. What is Direct Procurement? Thus, these materials would be categorized under direct procurement.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Freightos

SEPTEMBER 14, 2022

While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Including, of course by leveraging global freight tech for BCOs. Changing Trends in BCO Air Cargo Procurement. So without further ado, here’s your: Key Reads Logistics Tech Research and Updates for 2022. Signup Now.

Logistics 156

Logistics Cargo Freight Comparison 156

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. With scores, analyses, and graphs, this supply chain tool provides a comprehensive evaluation of materials management competency and help set a course for improvement.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 94

SYSPRO Smarter ERP

JANUARY 22, 2024

Material Requirements Planning for a modern manufacturing environment Material Requirements Planning (MRP) is software that helps companies estimate the required quantities of raw materials, maintain inventory levels, and ensure manufacturing has all the items needed to make products to satisfy demand.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Manufacturing 52

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Most supply chain planning teams do not know their customers. In fact, the teams ignore the forecast. It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

EC Sourcing Group

NOVEMBER 17, 2020

When you’re trying to control the entire procurement process within the supply chain, you want to make sure that you have the best software for your needs at your side so that everyone—you, vendors, and suppliers, are getting their needs met within the supply chain. Procure-to-pay operations. Thus, you’ll see a lot of: eSourcing tools.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

Procurement Academy

MARCH 2, 2023

After implementing several new procurement processes, Group Director Purchasing, Nicolas Robardet, identified a number of competencies which required development within the team. The results Ewellix launched the training to their procurement and supply chain team in early November 2022 and have already seen results.

Case Study 52

Case Study Purchasing Training Negotiating Skills Study 52

Precoro

JULY 16, 2023

In other words, the purchasing manager is responsible for securing inventory requirements within the company’s budget and overall efficiency of the company’s purchases. Inventory Management Efficiency This is an evaluation of how efficiently the purchasing team maintains the right level of inventory.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. Artificial Intelligence.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

ToolsGroup

APRIL 7, 2021

Mathias is a supply chain expert with significant experience in industrial engineering, logistics, inventory management and procurement at such companies as Amazon, Infineon, Tech Data and of course, Ratioform, where he started as the Head of Procurement in 2018 and is now the Director of Operations.

Supply Chain Software 156

Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software 156

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

BlueYonder

JUNE 16, 2022

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. But, as the conflict approaches the four-month mark, the impacts are spreading and intensifying.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Requis

FEBRUARY 24, 2020

On episode 7 of Supply Chain Next, host Richard Donaldson speaks with Alan Dunning, Principal Supply Chain Manager (Procurement & Contracts) for Worley. Alan Dunning has been in procurement for almost 40 years, and has spent the last 20+ years doing project procurement management. Highlights from the conversation.

Negotiating Skills 52

Negotiating Skills Procurement Negotiate Pricing Buyer Training 52

Logistics Viewpoints

AUGUST 22, 2023

That’s when you can course correct in any number of ways that make your business more efficient and your customers happier. It was precisely the industry’s inability to make real-time decisions (based on real-time data) that was at the root of depleted store shelves, clogged ports and warehouses overflowing with excess inventory.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

Procurement Academy

OCTOBER 25, 2021

That’s good, of course. This wider focus is known as ESG , environmental, social, and governance, and for procurement and supply chain functions, ESG’s wider focus brings challenges. How should a procurement function regard a supplier with fewer green credentials, but a better performance when it comes to social responsibility?

Price Reduction 98

Price Reduction Inventory Reduction Buyer Training Procurement 98

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

Sourcing Strategies 107

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 107

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. Many Franklin Sports products carry official sports logos – Major League Baseball, NHL, NFL, Major League Soccer logos, and of course USAPA. When she joined, Ms.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Logistics Viewpoints

FEBRUARY 26, 2024

Of course it would! If they were dependent, did they have East Coast distribution centers where they could preplace inventory before the strike occurred. The i-Score helps procurement leaders quickly assess the overall health of their extended supply chains. I don’t need to know exactly what’s going on every day.”

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Supply Chain Shaman

SEPTEMBER 27, 2021

Over the course of the five months, we iterated on the model over seven sessions. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. I asked Greg Aimi, currently at Gartner to help. We ordered pizza and started working on a visibility maturity model.

Supply Chain Planning Software 309

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 309

Requis

MAY 8, 2019

But very little real and lasting changes were made to make the procurement process more efficient. Sure, I adapted to meet my customers’ needs and the many changing faces of business during those times, but the actual job of a Procurement Manager largely remained the same. Making procurement professionals’ working lives easier.

Procurement 40

Procurement Expense Reduction Inventory Reduction Buyer Training 40

BlueYonder

MARCH 11, 2024

The one common thread here has, of course, been automation. Successful end-to-end retail integration hinges on leveling up inventory, ordering, commits, and omni-channel fulfillment with artificial intelligence (AI)-infused capabilities that effectively unlock “real-time supply chain” responsiveness to demand patterns.

Supply Chain Planning Software 80

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 80

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology. Need we say more?

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

SCMDOJO

DECEMBER 18, 2023

Ensuring Timely Repairs: Having a well-managed inventory of spare parts ensures quick and timely repairs. Improving Employee Productivity: A well-managed spare parts inventory ensures that employees can swiftly access the components they need. Let’s explore the key strategies to ensure your maintenance operations run smoothly.

Inventory Reduction 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Matters

SEPTEMBER 21, 2022

Our featured guest is Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil. over the course of his career. His responsibilities are leadership of Jabil’s global commodity management, quoting, supplier relationship management efforts.

Manufacturing Procurement 109

Manufacturing Procurement Supply Chain Network Software Agile and Lean Supply Chain Supply Chain Strategy 109

EazyStock

JUNE 25, 2018

Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology. The most surprising?

Inventory Management Software 66

Inventory Management Software Supply Chain Software Inventory Management Supply Chain Planning Software 66

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Access the full course here! It is the era of digitalization.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Supply Chain Shaman

APRIL 15, 2020

This cross-functional group (sales, procurement, manufacturing, and distribution) is an operational team to manage the day-to-day issues and exceptions in the supply chain. Instead, use demand sensing technologies to detect patterns with minimal latency into inventory requirements. Evaluate Inventory. Simplify Product Portfolio.

Supply Chain Planning Software 414

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 414

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. Courses aim to provide students with theoretical knowledge and practical skills, preparing them for real-world challenges.

Negotiating Skills 90

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 90

Logility

APRIL 21, 2020

In fact, demand forecasts are used throughout the supply chain including supply chain design, purchasing, operations, inventory, and sales and marketing. The resulting forecast helped executive management set course and the rest of the organization execute against that direction. Organizational alignment. Price optimization.

Forecasting 157

Forecasting Optimal Sourcing Forecasting Software Modeling 157

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology. Need we say more?

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40