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 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

SCMDOJO

JUNE 21, 2023

Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments. This partnership improves inventory management, particularly for medicines with limited shelf life, utilizing dedicated storage facilities.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

BlueYonder

OCTOBER 6, 2023

Our panel delved into the critical theme of “Bridging the gap between network planning and operational execution in production and service parts logistics.” Short-term visibility at the Purchase Order/ASN level is insufficient. These issues are further compounded by heightened customer expectations and increased market volatility.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. A Value-Added Service (VAS) team can provide on-site management, installation, equipment, inventory management (just-in-time deliveries), heating solutions, and testing.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Supply Chain Movement

MAY 19, 2016

In 2013 Nokia took full ownership of Nokia Siemens Networks, buying the other half of the venture from Siemens, and 2014 sold its handset business to Microsoft. Nokia is currently preparing for another major change, its purchase of Alcatel-Lucent, which is expected to close in Q1 2016. By Helen Armstrong. It’s a one-stop shop.”.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The planning team was defending the status quo without questioning current practices and how to improve them.) Starting to understand the issue with multi-tier demand planning?

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Supply Chain Shaman

NOVEMBER 6, 2016

However, if the focus is on implementing technology quickly, the teams never refine the models to improve outcomes and build planning capabilities. The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Vanguard Software

MAY 4, 2021

However, there are quite a few ways to improve demand forecast accuracy. Here are seven ways to improve demand forecast accuracy for increased operational efficiency and profit. Breaking up with Excel: Digital Sales Planning Success with Concord Foods. Webinar: Register Now. Question and Communicate Assumptions.

Forecasting 52

Forecasting Supply and Demand Forecasting Software Modeling 52

Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? Anecdotally, this is a bit lower in Canada, except for particular functions with very strong starting compensation like Demand Planning. What’s the monetary value of advanced certifications and degrees?

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

Supply Chain Game Changer

JULY 31, 2019

Procurement – the effective purchasing of raw materials, back-office goods and professional services – as well as Logistics – the orchestration of the movement of those goods – might not seem to be as important as sales, marketing, R&D or finance at first blush. But trust us, if you don’t have Supply Chain experience, you can’t.

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. By having a bird’s eye view of the entire process, companies can quickly adapt to sudden changes in demand and find new ways to optimize their operations.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Staying competitive in this intense landscape demands finely tuned operations that are highly efficient and effective – from product concept to customer consumption.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. The state of product demand planning and inventory management among retailers becoming more advanced. Business Process Outsourcing. Customer Service.

Eliminating Excel in Purchasing 30

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply and Demand 30

Supply Chain Shaman

FEBRUARY 25, 2016

Stuck at the intersection of operating margin and inventory turns, only 10% of companies are making progress. Unable to power additional year-over-year improvements at the intersection of cost and inventory, companies struggle. Traditional demand planning uses great statistical modeling to predict the future using order patterns.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. The Importance of Alignment.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

Supply Chain Movement

APRIL 26, 2016

Grandvision has grand plans. the world’s largest network of optical retail stores is far along the path from historically being supplier-led to having a strong demand driven supply chain. there are three options: to set to work with excel, to develop one’s own solution or to purchase an off-the-shelf tool.

Supply and Demand 60

Supply and Demand S&OP Supply Chain Planning Software Supply Chain Software 60

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. Whomever this person might be, they are responsible for creating a supply plan in the S&OP process. Inventory turns.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Negotiating Skills 69

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 69

Infosys Supply Chain Management

MARCH 6, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. One of the greatest challenges that complex supply chains of the companies today face are accurate forecasting and demand planning. Business Process Outsourcing.

Supply Chain Planning Software 22

Supply Chain Planning Software Optimal Sourcing Supply and Demand Supply Chain Software 22

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Advanced Inventory Management. Supporting Time-Phased Replenishment Planning.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Infosys Supply Chain Management

NOVEMBER 11, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. First best practice is to set up the formal demand planning process in the organization. Business Process Outsourcing. Customer Service. Finance & Accounting.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 22

OptiProERP

NOVEMBER 3, 2022

Use Case #1 – Medical Device Manufacturer Needs Integration with Inventory and Production. They need an integrated system to manage their inventory and shop floor to handle this increased production. They also would like to automate the purchase order process and vendor management. It will more than double its staff.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Manufacturing 52

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy. Start a chat with the expert here!

Supply Chain Design Software 59

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

Logistics Viewpoints

JULY 18, 2022

Driving an excellent supply chain depends on how people are recruited and managed, processes, and the technology used. Procurement is critical to being able to stay in stock with the most important products. He believes this company tends to recommend integrated solutions offered by the big enterprise resource planning companies.

Supply Chain Design Software 220

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

ThroughPut

APRIL 6, 2020

It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

ThroughPut

APRIL 2, 2020

It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. This includes the optimal placement of inventory within the supply chain, minimizing operating costs including manufacturing costs, transportation costs, and distribution costs. Inventory control.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Game Changer

AUGUST 26, 2021

Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. PO Placement ?

Supply Chain Visibility 103

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 103

Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. Inventory and Capacity Visibility to Order Management System. Hence, address can be amended without re-checking inventory and capacity. Customer Service.

Manufacturing Procurement 20

Manufacturing Procurement Supply Chain Planning Software Inventory Reduction Agile and Lean Supply Chain 20

crisp

JUNE 29, 2022

But manually pulling hundreds of reports to monitor sales and inventory data from three different retail portals was not going to support NotCo’s fast pace. ” Dan Capraun, Senior Manager of Strategy and Planning. This is where serious planning skills come into play. We have one source of truth, and that stems from Crisp.”

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

6 River Systems

DECEMBER 11, 2018

Planning tips to unify supply chains. Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. Finally, leaders reduce disruption by building buffers throughout the supply network and invest in advanced analytics to improve planning and forecasting accuracy.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. The field is becoming more digital, with end-to-end planning and blockchain technologies transforming the way products are coming to market. Fallacy 4: Improved forecasting will always lead to lower inventory levels. Check out Supply Chain 4.0!

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Supply Chain Software 49

Supply Chain Shaman

AUGUST 20, 2023

For example, a good way to start the unlearning journey is by understanding why 93% of decisions during the pandemic were made on Excel spreadsheets. I encourage all my students in my outside-in planning class to keep their “Unlearning Journals.” Likewise, revenue management and demand planning outcomes are not aligned.

Optimal Sourcing 308

Optimal Sourcing Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 308

Supply Chain Shaman

MAY 30, 2019

At the end of the day, customers buy based on value not on the cool factor of the technology. The First Step Is To Improve Tactical Supply Chain Planning. When a client states they are working on “End-to-end supply chain planning.”. For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay.

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197