Logistics Viewpoints

JUNE 1, 2023

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales. That is, AI tools can do a lot of the heavy lifting.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 194

AIMMS

OCTOBER 17, 2023

According to BCG , decarbonizing supply chains involves various strategies, from cost-effective measures like improving efficiency and adopting renewable power (under €10/t CO2e) to significant investments (over €100/t CO2e) in projects like fuel switching or CO2 emissions capture. Here are a few recommendations we’ve seen in practice.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

SCMDOJO

JULY 13, 2022

National Association of Educational Procurement. Indeed, it is a handy tool to locate jobs. This online job search tool also helps you generate a cover letter or professional summary applicable to your work history and experience. I have used Indeed for several years and am very grateful for this tool! Naukri Gulf.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 115

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Demand plans focused on understanding market flows and decreasing latency. Background. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Logility

APRIL 2, 2020

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. Consider using software to automate data integration.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. This integration of supply and demand requires a special mix of business operations, procurement, accounting, and production.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Effective inventory planning is essential to ensure you have the right inventory quantities to keep your operations running smoothly.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Movement

MAY 19, 2016

Nokia is currently preparing for another major change, its purchase of Alcatel-Lucent, which is expected to close in Q1 2016. The volume of data is exploding, likewise the demand for real-time communication which will require different hardware and software solutions. We completely changed our demand planning processes.

Supply and Demand 60

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

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. What is Demand Forecasting? Demand forecasting is the process of predicting future customer demand for a product or service.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

QAD

SEPTEMBER 30, 2022

Especially if companies rely on the ‘plan and react’ strategy employed by traditional supply chains, they will have a much more challenging time implementing strategies to improve their supply chain. In addition, supply chain planning can be more precise due to weekly forecasts and better predictive software.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Supply Chain Planning 94

Logistics Viewpoints

JUNE 20, 2022

Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. This is not a new strategy for VF, they have been working toward this for 4 years. A regional supply chain does not mean supply chain operations are not impacted by global events.

Agile and Lean Supply Chain 212

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 212

ToolsGroup

SEPTEMBER 20, 2022

That’s why companies in the manufacturing sector are shifting from reactive to data-driven maintenance strategies. As competition increases, companies worldwide focus on delivering quality products through lean manufacturing strategies. One study found that 51% of consumers prioritize product quality over price when making purchases.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

Unleashed

JULY 25, 2023

Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold. The cause of either a high or a low inventory turnover rate may also denote problems with your current sales and marketing strategy. Read more: What is demand planning?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. It involves building and managing strong relationships with suppliers.

Inventory Reduction 86

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 86

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. Cognitive analytics: Cognitive analytics is a powerful tool that relies on artificial intelligence and machine learning to process vast amounts of data.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

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.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

New Horizon Supply Chain Blog

FEBRUARY 23, 2024

Introduction We’ve written quite a few articles on specific aspects of demand planning, but we’ve never written an introductory piece for beginners or those looking for a refresher course. We plan to do this for sales and operations planning (S&OP) and some other areas of supply chain planning as well.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 175

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

ToolsGroup

JUNE 27, 2022

In this article, we’ll break down what vertical integration is, its benefits and disadvantages, its application in supply chain, and the factors to consider when deciding whether it’s the correct strategy for your company. Necessity of Supply Chain Planning Software in Vertical Integration. Types of Vertical Integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Unleashed

MAY 30, 2023

Anticipation inventory is the solution to this problem. Read on to learn what it is, how it works, and the pros and cons of this inventory strategy. Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand. What is anticipation inventory?

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

Logility

MARCH 29, 2018

Consensus Demand Planning. Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution and ensure confidence in company projections. Time-Phased Replenishment Planning. Most companies recognize the importance of a repeatable and accurate forecasting process.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100

Unleashed

JANUARY 10, 2023

The supply planning process involves: Forecasting customer demand based on historical data and market trends Identifying opportunities for optimisation throughout the supply chain Putting a strategy in place to capitalise on those opportunities. For product-based businesses, Unleashed is the ultimate supply chain solution.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Both business strategy and specialized software are used in these endeavors to create a competitive advantage.

Supply Chain Design Software 72

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

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. what sort of 3 rd party logistics solution will you look to leverage?),

Manufacturing Procurement 72

Manufacturing Procurement Pharmaceutical Supply Chain Planning Supply Chain Strategy 72

Supply Chain Movement

APRIL 26, 2016

The supply chain software industry is in a considerable state of flux. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supply chain risk management software is also on the rise. Grandvision has grand plans. 38 | Tools & Technology.

Supply and Demand 60

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

ivalua

JULY 27, 2015

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” This reminded me of a prior post I wrote about the subject and I wondered if Pierre was writing about me. If so, in my (imperfect?)

Manufacturing Procurement 100

Manufacturing Procurement Vendor Strategies Sourcing Strategies Cost Reduction Strategies 100

ivalua

JULY 27, 2015

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” This reminded me of a prior post I wrote about the subject and I wondered if Pierre was writing about me. If so, in my (imperfect?)

Manufacturing Procurement 100

Manufacturing Procurement Vendor Strategies Material Savings Sourcing Strategies 100

Cognira

JANUARY 10, 2022

For retailers, the old way of dealing with demand was to buy excess inventory to fulfill stores for a given period. Now, with the impact of COVID-19 and the supply chain crisis, this strategy is unavailable. From procurement, to manufacturing, to delivery, retailers will be looking for enhancements to each of these areas.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Manufacturing Procurement Retail 40

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs. What is Supply Chain Optimization?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. These are three examples: Rule 3.1:

Waste Reduction 274

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

Supply Chain Matters

AUGUST 22, 2022

CEO Doug McMillon indicated at the time that consumers were being impacted by the effects of high inflation and were purchasing more affordable food and groceries, shunning discretionary purchases. and specifically increased demand for many forms of pandemic related consumer goods. Rethinking of Business Practices.

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

SCMDOJO

DECEMBER 14, 2023

Team Dynamics: Comprises a team of experts, providing a collaborative approach to sourcing solutions. Limited Scope: Offers a more focused and individualized approach to the procurement process. Limited Scope: Offers a more focused and individualized approach to the procurement process. Hire the Expert Now or Start a Chat!

Purchasing Skills 75

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 75

Unleashed

DECEMBER 11, 2022

How to improve order lead times: Procure reliable carriers and suppliers. Customer backorder rate Total Orders Delayed Due to Stockouts / Total Orders Placed = Backorder Rate Customer backorder rate is the percentage of orders that are unable to be fulfilled at the time of purchase because of insufficient available stock.

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The mission for most companies is to drive transformative growth strategies. The CIO budget is hamstrung with system upgrades and software license payments. Orders do not represent market demand.

Supply and Demand 150

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. They may even take over the provisioning of an entire end-to-end solution.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

FLEXE

AUGUST 10, 2017

Aside from that being one of your busiest times of the year, the movement to eCommerce and omnichannel shopping has made accurate demand planning impossible and inventory allocation harder than ever. Predicting where your highest demand will be this holiday season can feel like solving a Rubik’s cube blindfolded.

Warehousing 52

Warehousing Modeling Supply and Demand Inventory Reduction 52