Supply Chain Shaman

OCTOBER 7, 2012

Q: You mention that Executive Buy-in is the biggest stumbling block. What techniques are being used to get executive buy-in? Q: For a business who perhaps has not done a sufficient job defining and documenting their supply chain strategy, how would you suggest they get started so that all the key elements are covered?

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

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. Total Cost: The overall cost of the purchase order, calculated based on quantities and unit prices.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Supply Chain Shaman

DECEMBER 13, 2015

We can connect through EDI, but a document has latency and limitations for unstructured data. Today, 7% of order and purchase order flows move through business networks. Lora has written the books Supply Chain Metrics That Matter and Bricks Matter , and is currently working on her third book, Leadership Matters.

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. Recording of pictures and videos is accomplished in a hands-free environment via voice commands and tied directly to the unit’s documentation through the use of the Proceedix Action Management System. Today, I got a quick email from Peggy Gulick. She had some exciting news.

Supply Chain Design Software 170

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 170

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. At its core, an online procurement system centralizes purchasing activities. At its core, an online procurement system centralizes purchasing activities.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. ERP analytics also facilitate the management of the purchasing process through the requisition approval workflow, streamlining procurement activities.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Arena Solutions

OCTOBER 12, 2023

External audits can be nerve-wracking with key personnel and teams running from pillar to post searching for records or documents, especially if you don’t have a quality management system (QMS) software solution in place. Christine said, “I have used internal audits as the baseline to improve our overall business metrics.

Quality 113

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 113

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. meaningful and accurate performance metrics. reputation for excellence in reverse logistical results. meaningful and accurate performance metrics. reverse logistic cycle time control.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Transportation Management 120

SCMDOJO

AUGUST 15, 2024

Email hosting facilitates this by allowing multiple stakeholders to connect effortlessly, share documents, and update project statuses in real-time. Retailers can segment their customer base and tailor messages based on purchasing behavior, preferences, and previous interactions.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Software Analytics Software Forecasting Software 98

ShipBob

APRIL 9, 2025

When inbound shipments arrive at the warehouse, associates must carefully unload, inspect, and verify the contents against shipping documents, such as warehouse receiving orders (WROs), to ensure accuracy and prevent discrepancies. Promptly updating inventory counts within the warehouse management system (WMS) to reflect new stock levels.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Supply Chain Planning Software 52

Precoro

JUNE 2, 2025

Start by comparing your upcoming budget with past performance metrics , such as past income, expenses, and spending patterns, then analyze how the budget will perform in real-world conditions. The balance sheet and income statement are pro forma documents , meaning they project future financial results. 💡 Note!

Forecasting 45

Forecasting Forecasting Software Expense Reduction Procurement Solutions 45

Supply Chain Network

DECEMBER 14, 2013

Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., Learn how these retailers determine key metrics for the stores and for the Executive team, and how they measure and improve efficiency in order to better serve their customers. Achieving Supply Chain Excellence in a Dynamic Era.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

Enterra Insights

JUNE 13, 2018

What is much easier to measure is cost — so that’s what drives the metrics and incentives.”[1] Horizontal (versus Vertical) Process Excellence. ” Cecere continues, “In the integrated supply chain, the core of the data were the solutions for vertical process excellence (CRM, SRM, APS, WMS, TMS, ERP, etc.).

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

Supply Chain Game Changer

MAY 27, 2022

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. A target audience is a group of people most likely to be interested in buying your products. Target Audience.

Sourcing Strategies 98

Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software Price Reduction 98

SCMDOJO

MARCH 19, 2024

This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. Analyze performance metrics and implement improvements to enhance efficiency. To run the department, a supply chain manager needs certain supply chain metrics and KPIs to improve performance. Enroll Now!

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

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 58

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 58

Supply Chain View from the Field

OCTOBER 3, 2013

In this case, it must be done for all suppliers and for every product and service line purchased over the history of the institution. Then the evaluation of the supplier must be documented, and linked presumably to a category strategy (although not in all cases…).

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

3rdwave

JANUARY 23, 2019

A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. Analog information is mostly static.

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Logistics Optimal Sourcing 86

Supply Chain View from the Field

JULY 22, 2015

Instead, the buying company should be aware of “hidden costs” to the contract, which often pop up unexpectedly once the contract is in full swing. What are the key metrics that are going to determine success? If the buying company does have to exit, they may want to own those co-IP rights to use with the next supplier.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

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

SCMDOJO

MAY 14, 2025

How to Turn Your Data into a Strategic Asset for Business Transformation Every business generates vast amounts of data daily, from customer interactions and sales transactions to supply chain movements and employee productivity metrics. Finance teams incorporate operational metrics that provide context for financial outcomes.

Procurement Analytics 72

Procurement Analytics Analytics Software Supply Chain Planning Software Data 72

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Eileen Fisher Renew is an excellent example of the reverse logistics process in action.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase. Let's learn more about them.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 98

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Moreover, excelling at OTIF is a distinguished strategy in differentiating your brand from competitors. What is Logistics Data? Some standard logistics data points include: Total Loads Moved.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Taulia

NOVEMBER 28, 2021

By regularly monitoring the average amount of inventory you hold, perhaps monthly, you can determine whether you’re over- or under-buying and iron out the spikes and drops to make your approach to inventory management more efficient. Measured by counting the number of times an order goes unfulfilled because of a lack of inventory.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

ShipBob

NOVEMBER 15, 2021

Similarly, meeting customer demands builds customer satisfaction and loyalty, increases the likelihood of repeat purchases, and usually leads to more sales. If you are unable to meet this metric with your current fulfillment solution, you’ll probably need to switch methodologies. Include raw materials as in your inventory management.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Supply Chain Design Software 98

Synovos

FEBRUARY 21, 2023

It is critical for procurement to adopt the latest technology that enables the team to visualize purchasing spend,” said one. The combination of accurate data and a digital procurement system enables the leveraging of that data for purchasing indirect materials,” Hilton continued.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Precoro

AUGUST 15, 2022

Enterprise resource planning systems are essential to companies because they help them efficiently track business resources — cash, raw materials, or production capacity, and the status of business commitments : orders, purchase orders, and payroll.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

Supply Chain Trend

NOVEMBER 14, 2016

This was an area where there was virtually no documentation or assistance avallable other than some flow maps on MRP and MPS – which were already well understood. The process is implemented because its deemed the right thing to do, but there is limited belief and buy-in by the executives. I’ll talk more about this later.

S&OP 60

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

Unleashed

JUNE 26, 2024

It connects inventory management with related functions, such as purchasing and customer management, to enable a unified platform for operations. In addition to real-time inventory management, most tools also provide functionality for managing purchase orders , integrating sales, and storing customer information.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Precoro

MARCH 30, 2022

A procurement strategy defines how purchasing decisions are made. Strategic procurement allows obtaining well-structured and relevant data, which is indispensable for prioritizing purchases and balancing the quality and price of goods or services. Green Purchasing. To develop a procurement strategy, follow the ten steps below.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

6 River Systems

FEBRUARY 25, 2019

I am buying a sheep and goat farm alongside a larger space for a garment factory so that I can control where the cashmere and wool is coming from, how it is processed and how it is manufactured before it is sent to my customers. . If you want to optimize your supply chain, the way to do it best isn’t to buy some fancy new machine.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

3rdwave

JANUARY 23, 2019

A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. Analog information is mostly static.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Transportation Logistics Optimal Sourcing 40

ShipBob

NOVEMBER 6, 2023

This documentation accounts for any units that are in transit and also in case anything is lost or damaged in transit. Match invoices to shipping log You’ll want to double check your purchase orders or invoices against your shipping log to make sure there aren’t any discrepancies. Learn more about inventory reconciliation here.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52