SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. Join us on this exploration as we uncover the definitions hidden within the realm of procurement reports and access free sample reports!

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

DECEMBER 4, 2019

However, they have very different definitions. 92% of companies have a corporate social responsibility document, 65% of carbon and waste lie outside the four walls of the organization; yet, only 20% of companies take responsibility for the sustainability impact of their extended network. Network Definitions Confusing.

Supply Chain Network Software 197

Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 197

Supply Chain Shaman

MARCH 12, 2019

The confusion starts when a supply chain leader states the need for improved visibility without a clear definition. In 2004-2006, Greg Aimi (now a Gartner analyst) and I worked on a common definition of visibility for over a year. Control tower , by definition, is similar. The focus of this post is to drive clarity. >

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Supply Chain Shaman

JULY 29, 2017

The term “visibility” lacks a common definition within the industry. Supply chain leaders inherently know that they need greater visibility; but the conversations between buyers and sellers spin due to a lack of definitional alignment. Technology vendors have conflicting definitions.

Supply Chain Network Software 152

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 152

Precoro

FEBRUARY 27, 2023

Read on to learn all you need to know about the definition, benefits, types, steps of implementation, and success tips for spend analysis. Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. What Is the Spend Analysis Process?

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

OCTOBER 2, 2020

Another client wants to push the customer-centric concept in his organization, but his definition is to do whatever the customer wants. A well-defined customer-centric supply chain starts with a clear definition of the organization’s strategy to serve a well-defined customer requirement. The reason? Over the last month, I moved.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

SCMDOJO

FEBRUARY 21, 2024

4pl Logistics Definition 4PL logistics, also known as fourth-party logistics, offers a smart approach to managing supply chains. Acting as the central orchestrator, a 4PL integrates various elements of the supply chain, including purchasing, transportation, warehousing, and distribution, into a cohesive and efficient system.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66

Unleashed

JANUARY 25, 2021

The purpose of a purchase order. Purchase orders are a crucial part of your purchasing processes. Purchase orders (PO) document the purchasing part of your inventory management system and are legally binding documents. How do you create a purchase order template?

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Negotiate Pricing 90

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company implemented SAP Advanced Planner and Optimizer (APO) including the standard functionality of Demand Planning (DP), Supply Network Planning (SNP), and Production Planning and Detailed Scheduling (PPDS), yet many planners also used Excel.

Demand Planning Software 245

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 245

Logility

AUGUST 24, 2022

Logility announced it has signed a definitive agreement to acquire Starboard Solutions Corp., This annual award honors IT companies that support and enable logistics excellence. million and purchased Starboard Solutions Corp., Company and Technology. a supply chain network optimization solution for approximately $6.5

Network Design Software 130

Network Design Software Supply Chain Design Software Supply Chain Planning Software Network Optimization Software 130

Supply Chain Game Changer

MAY 27, 2022

Brand Protection – The Definitive Role of the Supply Chain! Ask managers their definition of the company’s vision. In this way, you will position yourself better in the market, because customers will know why they should buy from you. Use the logo on any digital or paper document to strengthen your brand identity.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. By definition, ERP infrastructure is inside-out. GT Nexus began operations in 1998 using the name Tradiant.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Precoro

APRIL 6, 2022

Let's start with a quick definition of cloud computing. Procurement software solutions such as Precoro help companies automate the purchasing process, get better insights, and focus on more critical tasks for their business. With procurement in the cloud, businesses can handle requisitioning, sourcing, and purchasing with ease.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Supply Chain Shaman

OCTOBER 7, 2012

When I think of the definition of the word agility, I think of Gumby, pictured here. One of the largest issues for organizations to drive supply chain agility is the lack of a commonly held and well-understood definition. Q: You mention that Executive Buy-in is the biggest stumbling block. I would start with a clear definition.

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

IQMS

FEBRUARY 12, 2021

Keeping customers’ trust by choosing to excel at product quality above all is one of the main factors that drive manufacturers to adopt MES systems. By definition, MES manages compliance, production, and quality by providing real-time process and product monitoring across a production center and integrating with the core ERP system.

Manufacturing 65

Manufacturing Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 65

Precoro

JULY 18, 2022

One thing is for sure from these facts, dealing with invoices can be pretty frustrating, and you're definitely not alone in your struggle. But it's still an important step for your business as it eliminates discrepancies in the purchasing process, reduces payment fraud, and ensures compliance. But the question is, what's to be done ?

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

SupplyPike

JANUARY 16, 2020

Walmart provides a spreadsheet in Retail Link under Retail Link Documents ? Committed Buy SSO. A “committed buy” SSO occurs when Walmart guarantees to buy a certain number of units. For example, Walmart may want to buy your soda cans with post-season team logos printed on them, during the playoffs. Damage SSO.

Forecasting 52

Forecasting Vendor Strategies Eliminating Excel in Purchasing Inventory Reduction 52

SCMDOJO

FEBRUARY 29, 2024

Others will have a purchasing or supplier management board at the senior management level. We are talking about a key business process that impacts multiple functions beyond just organizing purchasing or quality. Team members represent key stakeholders, so they should communicate with those stakeholders to ensure buy-in.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Locus

JULY 28, 2022

This post explains how a delivery management system contributes to your workforce productivity and leads to last-mile excellence. A delivery management software analyzes historical data, identifies significant inconsistencies and documents them. It is the hows that guide your purchasing decisions. Route optimization.

Optimization Software 52

Optimization Software Analytics Software Modeling Software Demand Planning Software 52

Supply Chain Shaman

AUGUST 21, 2015

While we may argue the definitions–I define hosted as a solution that operated in the cloud for the client and SaaS as a more stringent definition including automatic software updates–the primary deployment today for S&OP is cloud-based services. The documentation is evolving and there are few trained consultants.

S&OP 150

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Design Software 150

OptiProERP

JANUARY 29, 2020

Let’s start with a definition of exception management. Cloud ERP also maintains a history of every document created on the platform. In fact, 40% of industrial companies expect to see a broad shift in B2B buying habits over the next two years, as both buyers and sellers look for added value by shortening the supply chain.

Manufacturing Procurement 87

Manufacturing Procurement Analytics Software Optimal Sourcing Optimization Software 87

ivalua

DECEMBER 6, 2022

Maverick buying . Policies are often seen as administrative documents with no added value. Some companies create separate documents for the business versus procurement community considering their specific role and requirements in the P2P process. Fit for Purpose’ buying channels with guided buying .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Optimization Software Procurement Solutions 130

KEPLER Consulting

OCTOBER 18, 2017

After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. On this axis everything starts with Value Added definition by teams, what do the clients expect? 2 Set up localized resources.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market. Shortlist a few providers based on your evaluation.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

AUGUST 11, 2016

Definition: “Customer - centric is an approach to doing business that focuses on providing a positive customer experience both at the point of sale and after the sale in order to drive profit and gain competitive advantage.” About twice a month, companies ask me to review their strategy documents.

Cost Reduction Strategies 150

Cost Reduction Strategies Inventory Reduction Price Reduction Supply Chain Strategy 150

6 River Systems

JULY 25, 2019

“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. David Millington @nextlevelpurch David Millington, MSc.QSM, NPDP, SPSM3®, is Director of Education at Next Level Purchasing Association.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Arena Solutions

DECEMBER 8, 2021

We often see this kind of a setup with product, quality, supplier information, all sitting in disconnected systems, often Excel, SharePoint, communication being managed solely over email, causing big inefficiencies and, essentially, no single source of truth is the crux of it and ability to trace within that. Can be quick.

Supply Chain Design Software 52

Supply Chain Design Software Predictive Analytics Software Modeling Software Optimization Software 52

Freightos

JANUARY 8, 2019

Self-service support and document management. 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. They are all buying and selling from one another. Perhaps there’s still an Excel sheet behind it, but at least we’re connecting in real time.

Freight 150

Freight Pricing Training Negotiating Skills Purchasing Training 150

Supply Chain Network

NOVEMBER 1, 2012

RedPrairie and JDA Software [NASDAQ: JDAS], recognized leaders in enterprise software and services for the extended supply chain, announced today that JDA and affiliates of RedPrairie have entered into a definitive merger agreement. This letter is neither an offer to purchase nor a solicitation of an offer to sell any securities.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Optimization Software Demand Planning Software 103

Supply Chain Game Changer

AUGUST 29, 2019

But in this case, what a business doesn’t know most definitely can hurt it. When these assets are discovered, it’s important to get an accurate valuation for them right away so that they can be listed on tax documents and possibly to speak to a tax attorney about retroactive tax liability. What Causes Ghost Assets?

Inventory Reduction 65

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Design Software 65

Supply Chain Shaman

JULY 22, 2016

On an ongoing basis I view supply chain strategy documents. As companies and teams mature, the definition of the word “flow” changes. The Maturity Model of Flow Definitions within Supply Chain Management. To move the product, the company discounted the cars to stimulate purchase. What is it?

Supply and Demand 150

Supply and Demand Modeling Forecasting Price Reduction 150

6 River Systems

OCTOBER 12, 2020

When the appropriate tools are in place for managing uncertainty and ensuring accessibility, institutions have excellent chances to continually generate productivity improvements, increase customer satisfaction and improve financial performance. For example, you can involve a client and several of their suppliers to buy transportation fuel.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Claritum

JULY 31, 2018

This could mean that the supplier has been identified by a user and added to the system in anticipation of making a purchase or it could be that the Procurement team has added a supplier target to the list of suppliers. For example is it a one off purchase, is it for items of very low value or is it an ongoing catalog item. Evaluation.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

BlueYonder

NOVEMBER 14, 2013

Sherman: In my book I talk about how the leaders live in a house of excellence. The foundation of the house of excellence is that your performance management is aligned to your business strategy so that everything that you’re doing in supply chain is aligned to that business strategy.

Supply Chain Planning Software 56

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 56

Precoro

DECEMBER 5, 2022

Your team should have an excellent understanding of the goals you plan to achieve by implementing ERP software. Configuring the software, preparing documentation and training materials, and starting to import data. Define Key Requirements and KPIs. Key ERP implementation phases include: Planning and collecting ERP requirements.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Procurement Solutions Optimization Software 52