Supply Chain Shaman

AUGUST 7, 2017

There is no common definition of cognitive computing and there are many variants. ” (AI lacks a common definition. Ask each technology provider for a definition. Here I give the reader some insights into the definitions that I use in my writing. The journey starts with definitions and clarity on terms.

Prescriptive Analytics Software 221

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Modeling 221

SCMDOJO

DECEMBER 14, 2023

To make things simpler, having a clear lead time definition helps in making sure orders are fulfilled on time and customers are satisfied. With this in mind, we will explore in this blog the definition of Lead Time, its impact, and how mastering it can be your competitive advantage.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

West Coast and California Logistics

MARCH 9, 2023

The following is a list of logistics terms and definitions that are common within the transportation industry. For a more comprehensive list of supply chain definitions, check out Weber Logistics’ online glossary of logistics terms.

Transportation 62

Transportation Logistics Freight Industrial 62

IT Supply Chain

SEPTEMBER 1, 2022

The post Popup Or Pop-Up: Definition, Pros & Cons, Features appeared first on IT Supply Chain. By John Hampton (pictured). Content Writer.

Supply Chain 101

Supply Chain Supply and Demand Industrial Industry 101

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. Despite the popularity of this concept, there are considerable confusions among the practitioners. Would you like to learn more?

Cost Reduction Strategies 271

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 271

SCM Research

JANUARY 20, 2018

Today, I present Mentzer et al.’s ’s (2001) must-read article, Defining Supply Chain Management. Keebler, J.S., Smith, C.D. & & Zacharia, Z.G. Keebler, J.S., Smith, C.D. & & Zacharia, Z.G.

SCM 110

SCM Journal Supply Chain System 110

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. In situations like these, every cent matters.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. Managing finished goods and tracking the costs associated with each of them are essential aspects of manufacturing accounting and stock control.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

SCM Research

MARCH 24, 2016

Recommendations for Creating Better Concept Definitions in the Organizational, Behavioral, and Social Sciences. Podsakoff, P., MacKenzie, S., & Podsakoff, N. Podsakoff, P., MacKenzie, S., & Podsakoff, N. Organizational Research Methods, 19 (2), 159-203 DOI: 10.1177/1094428115624965.

SCM 110

SCM Guidelines Research Examples 110

Supply Chain Opz

JULY 1, 2014

What is the definition of supply chain management? Because, each professional organization has its own version of the definition. So supply chain is definitely NOT the same as value chain. Despite the popularity of this concept, there are considerable confusions among the practitioners. Would you like to learn more?

Cost Reduction Strategies 214

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Strategy 214

Unleashed

JANUARY 19, 2023

If you’ve got a business that’s doing well, you’ll want to expand on that success, right? But not all growth is sustainable. To scale your business affordably, you need a diversified product portfolio that perfectly balances cash flow with product development and marketing. In this product portfolio guide: What is a product portfolio?

Examples 94

Examples Resource Reduction Inventory Reduction Cost Reduction Strategies 94

Supply Chain Shaman

FEBRUARY 16, 2024

Let’s Start With Clear Definitions My inbox is full. The market is flooded with references to AI, but few stop to give a definition. To combat the hype cycle to drive value, I think that we need to get clear on use cases and definitions. Before reading this post, consider reading my prior blog post, Don’t AI This.

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 374

SCMDOJO

DECEMBER 29, 2022

Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. If your WMS functions as it should, it could positively impact your cash flow and productivity.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

Unleashed

AUGUST 6, 2023

In this competitive pricing guide Competitive pricing definition Competitive pricing is a sales and marketing strategy that involves manipulating price points in a business to match or beat the pricing of its competitors.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

Unleashed

JUNE 1, 2023

Perpetual inventory system definition A perpetual inventory system centralises your inventory data and tracks your inventory in real-time to give you a precise inventory count instantaneously. At a certain point, manual inventory management becomes no longer feasible.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Supply Chain Brain

JANUARY 14, 2022

Distributors and third-party logistics providers are faced with competitive pressures due to higher customer expectations, higher costs and lack of available people, transportation and space resources. But how do supply chain leaders eliminate these challenges?

Third Party Logistics 122

Third Party Logistics Resource Reduction Cost Reduction Strategies Warehousing 122

Unleashed

MAY 1, 2023

The definition of inventory control chart is a chart that displays the lifecycle and replenishment factors of a product being sold by a business. The Y axis of an inventory control chart represents order quantities. The X axis represents time. Key features of an inventory control chart: Order size – The quantity of units per order.

Inventory Reduction 52

Inventory Reduction Examples Inventory Inventory Management Software 52

IT Supply Chain

DECEMBER 6, 2021

The post The Spar attack is the first cyber incident of the season, but definitely will not be the last appeared first on IT Supply Chain. By Mike Campfield (pictured). VP of Global Security Programs, ExtraHop.

Security 104

Security Global Supply Chain Supply and Demand 104

Logistics Viewpoints

MARCH 12, 2018

The post Home Depot Grows Revenues by Investing in Time Definite Deliveries appeared first on Logistics Viewpoints. Home Depot has proven that investing in this can improve service and grow revenues. This article describes the path they took to put this business case together.

Cost Reduction Strategies 104

Cost Reduction Strategies Transportation Management Logistics Network Optimization Software Transportation 104

Supply Chain Shaman

DECEMBER 7, 2023

We are not clear on definition. So, if you use the Supply Chain Insights definition, you might ask, how are we doing commercially against this goal? I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. Align on definitions. But few define it with use.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Unleashed

AUGUST 14, 2023

Rising energy, labour, and material cost are increasing the cost of production and cutting into profit margins. Manufacturing operations need to implement effective production management tools and processes to reduce the cost of producing goods.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Predictive Analytics Software Modeling Software 52

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. With a simple calculation, you can understand what it costs to store and maintain goods.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Supply Chain Shaman

MAY 9, 2023

The problem is that few companies have a clear definition of excellence compounded by the lack of clear definition of a business strategy. and there were no respondents that rated their process effective on this definition. The answer lies in the lack of clear definitions to drive outcomes. I used to think so as well.

S&OP 330

S&OP Supply and Demand Supply Chain Planning Software Sourcing Strategies 330

Supply Chain Shaman

JUNE 30, 2023

Each executive has a different perspective on the definition of supply chain excellence, but they are never discussed and aligned. Here is my suggestion: Try to Align the Organization on the Definition of Supply Chain Excellence. The definition of the efficient supply chain in this model is the lowest cost per unit.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 312

Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It takes into account sales and production costs, along with any additional fees required to ship a product to the end consumer. Without it, you’ll struggle to achieve an accurate measure of how well your business is doing.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Supply Chain Game Changer

NOVEMBER 13, 2018

So what exactly is the definition of “Supply Chain Management”? But that being said there are still a large number of definitions of “Supply Chain Management” Let’s review some of those definitions here: 10 Definitions of Supply Chain Management! And one more definition for good measure: 11.

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Unleashed

JUNE 2, 2022

The term omnichannel is a popular eCommerce buzzword, but what exactly is omnichannel eCommerce, and why is it important? We cover these questions and more about the eCommerce sales phenomenon that is omnichannel. What is omnichannel eCommerce?

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

Supply Chain Shaman

JULY 23, 2023

Let’s start with a definition of concurrency. I find that it is a frequently used term with many different definitions. As shown in Table 2, there are three commonly used definitions. Clear definitions of what drives a good decision in each time horizon, along with clarity of governance is essential for planning.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 330

Unleashed

MAY 14, 2023

Although it’s normal for product-based businesses to have some level of inventory shrinkage, it must be kept under control. The more shrinkage in a business, the smaller its profits.

Inventory Reduction 52

Inventory Reduction Journal Inventory Inventory Management Software 52

Supply Chain Shaman

DECEMBER 27, 2022

The race started in 2016 as a foggy definition of digital appeared in supply chain marketing from technology providers. Today, there is no standard definition of digital. The numerous definitions across the supply chain technology and consulting providers are very different and often confusing. What is a digital brain?

Supply Chain Software 393

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 393