Precoro

OCTOBER 24, 2022

Manual procurement management relies mostly on spreadsheets, physical printed documents and e-mails (or other means of communication). Low-Quality Documentation. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Inventory Control.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

QAD

JULY 9, 2020

Most teams didn’t have integrated, documented, tested, or approved plans to use in this scenario, yet they were able to anticipate the broad societal lockdowns that forced organized sports around the world to suspend play or play in isolation. The boards of directors of the soccer teams asked their players to stay at home.

Resource Reduction 108

Resource Reduction Inventory Reduction Price Mitigation Strategies Supply Chain Strategy 108

ModusLink Corporation

MARCH 9, 2022

Traditionally, inventory counts were a complex exercise done manually about once a year but RFDI technology enables retailers such as Macy’s to monitor stock monthly bringing accuracy from 60% to over 90%. Barcode label: Plenty of operations happening inside the warehouse rely on administrative documentation.

Internet of things 78

Internet of things Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 78

Unleashed

JANUARY 11, 2023

And every time this happens, an inventory write-off is necessary. Link Reporting Co-founder and all-round accounting expert, Will McTavish, explains what inventory write-offs are, why they matter, and how to conduct one. In this guide to inventory write-offs: What is an inventory write-off?

Inventory Reduction 96

Inventory Reduction Inventory Expense Reduction Cost Reduction Strategies 96

Logility

AUGUST 25, 2021

delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Other products mentioned in this document are registered, trademarked or service marked by their respective owners. ###. Demand Management, Inc.

Supply Chain Planning Software 130

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

QAD

JULY 9, 2020

Most teams didn’t have integrated, documented, tested, or approved plans to use in this scenario, yet they were able to anticipate the broad societal lockdowns that forced organized sports around the world to suspend play or play in isolation. The boards of directors of the soccer teams asked their players to stay at home.

Resource Reduction 59

Resource Reduction Inventory Reduction Price Mitigation Strategies Supply Chain Strategy 59

NC State SCRC

APRIL 22, 2020

At the most mature levels, organizations have established dedicated teams of supply chain professionals who team with key operational and security officers to established documented plans and pilot tests associated with pandemic plans, with formal executive reviews and business case development around potential risks of a pandemic event.

Supply Chain Planning Software 94

Supply Chain Planning Software Scenario Planning Supply Chain Planning Government 94

Taulia

JULY 7, 2022

As such, it encompasses numerous procurement-related activities, such as budgeting, sourcing, negotiating supplier discounts, analyzing spend, managing supplier relationships and managing inventory. The volume and complexity of spend varies considerably across organizations. Renew policies and procedures.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

ThroughPut

APRIL 21, 2022

S&OP is a pointless exercise that adds no value to revenue growth or cost savings. Sure, spreadsheets are great at documenting data, and they can also be helpful when making the case for an S&OP process, but their effectiveness ends there. One thing about inventory is that it takes time to procure, build, and distribute.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning S&OP Modeling 52

Logility

NOVEMBER 18, 2021

delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Other products mentioned in this document are registered, trademarked or service marked by their respective owners. ###. Demand Management, Inc.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 130

Enterra Insights

JULY 9, 2019

It’s essential that businesses optimize their inventory ahead of hurricanes to mitigate the effects of these factors. Before a natural disaster strikes, take time to ensure your plans are well-documented and that every member of your team is familiar with their role.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Pharmaceutical 100

Supply Chain Shaman

JANUARY 19, 2014

Despite multimillion dollar technology projects, and tomes of strategy documents, they are stuck in their ability to overcome market factors and rising complexity to drive continuous improvement on a portfolio of metrics. The definition of a trap is something designed to catch a person or animal, either figuratively or literally.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Price Mitigation Strategies Inventory Reduction 278

EMERGE App

NOVEMBER 4, 2018

You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you? Exercise common sense and order a few pieces of each size, color or variant. The supplier uses this document to record the sale and confirm their acceptance of the order.

Purchasing Skills 49

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 49

Talking Logistics

DECEMBER 16, 2015

And more companies are treating Supply Chain Design as a continuous business process instead of a standalone project or a once-a-year exercise (see Supply Chain Design: Growing Scope, Community, and Collaboration ). How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment?

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

EMERGE App

NOVEMBER 4, 2018

You could do it manually but why do it when smart inventory management systems , such as EMERGE App , can automatically calculate landed costs for you? Exercise common sense and order a few pieces of each size, color or variant. The supplier uses this document to record the sale and confirm their acceptance of the order.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Negotiating Skills Manufacturing Procurement 40

EMERGE App

FEBRUARY 14, 2019

They’re disruptive I know but they’re an essential part of maintaining inventory accuracy. Here, we’ll introduce inventory cycle counting and show you how it can complement your annual stock take exercise. Firstly, we’ll cover exactly what is meant by an inventory cycle count or cycle counting.

Inventory 75

Inventory Inventory Management Software Warehousing Inventory Management 75

KEPLER Consulting

OCTOBER 18, 2017

A quick process mapping exercise shows that support functions can carry until one third of Non Value Added Operation and one other third of “Waste” operations. Once this defined, the streamlining exercise will aim to map and progressively improve / eliminate all tasks not contributing to create value added for clients.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

Supply Chain View from the Field

AUGUST 27, 2014

In the latter portion of the class, students will be involved in a comprehensive supply chain computer simulation exercise. Each team will develop a written contract with selected partner(s) that documents the agreement resulting from the negotiation process.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

synchrono

DECEMBER 18, 2017

With eKanban implementations, this can be any number of problems including excess materials on hand, slow inventory turns, too much scrap and more. For an eKanban project, this would involve documenting the flow of the current, manual Kanban process. For example, they were literally logging 7 miles a year to track down inventory!

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

BlueYonder

OCTOBER 1, 2015

In part 2 of this series, we will explore how companies can adopt well-documented collaboration practices, pilot them via a solid roadmap, and accelerate deployment of collaborative best practices on a wider scale. The connection to multiple ERP systems this often entails can be a costly exercise. So, where should we start?

Supply Chain Planning Software 40

Supply Chain Planning Software Modeling Supply Chain Planning Supply Chain Software 40

Aera Technology

OCTOBER 31, 2016

If the FDA “exercises its jurisdictional right to examine, inspect, sample, or review documentation related to an imported product,” it can result in “weeks or months” of shipment delays. manufacturing plants, delivery vessels, cargo holdings, inventories, retail distribution networks), things go well.

Pharmaceutical 58

Pharmaceutical Supply Chain Software Supply Chain Brazil 58

EMERGE App

NOVEMBER 25, 2018

As a creative entrepreneur, there are various ways to get a handle on managing the orders, purchases, and inventory of your hand-made goods. We’ll show you how EMERGE App — a user-friendly, cloud-based inventory management solution — helps you run your creative business to sell better and faster on Etsy.

Inventory Management Software 49

Inventory Management Software Purchasing Skills Procurement Solutions Inventory Management 49

Logistics Bureau

DECEMBER 18, 2017

Selecting the right 3PL is no simple exercise, yet it’s one that’s all too often subject to shortcuts, a dearth of detail, and overly compressed timelines. Let’s take inventory management as an example. In many cases, we need only look at the very first steps in the partnering process to spot the first signs of rot.

3PL 40

3PL Modeling Supply Chain Design Scenario Planning 40

GlobalTranz

JANUARY 21, 2015

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Logistics Bureau

JULY 21, 2017

According to our own research at Logistics Bureau, less than 40% of businesses have documented a strategy for their supply chain operations. While Wal-Mart invested in fleet assets to drive distribution costs down, Kmart persevered with the use of external carriers and did nothing to try and reduce inventory touch-points.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45

Logistics Bureau

JULY 18, 2022

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Inventory levels. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. Inventory optimization software.

Inventory Reduction 88

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction Strategies 88

NC State SCRC

JANUARY 16, 2024

This aligns with the need for flexibility in supply chain management as mentioned in the Supply Chain Immunity Elements document. We will need to establish real-time visibility into inventory and material, and be able to react to unexpected events as they occur. This does not exist today.

Sourcing Strategies 72

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 72

RFgen

APRIL 6, 2023

Key Takeaways: 89% of Digital Inventory Report respondents say data security is important to extremely important to their inventory operations. In fact, 89% of Digital Inventory Report respondents say data security is important or extremely important to their inventory operations.

Supply Chain Planning Software 52

Supply Chain Planning Software Risk Management Supply Chain Software Security 52

DynaSys

JULY 6, 2021

The goal is to find the balance between having sufficient inventory to meet your customer’s needs without having surplus. They gather data and information, create forecasts, resolve volume relationships, apply judgment, and document as they go. So, the goal of the demand planner is to drive the demand and inventory levels.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 52

RFgen

AUGUST 7, 2022

Food and Drug Administration (FDA) first exercised new powers granted under the Food Safety Modernization Act (FSMA) to shut down processing at the Sunland Inc. 38% of companies list inventory traceability as a top challenge, according to the 2022 Digital Inventory Report. inventory operations. In 2012, the U.S.

Food 52

Food Supply Chain Design Software Supply Chain Software Manufacturing Procurement 52

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. ’ “For example, supply chain leaders and their teams can conduct a scenario planning exercise and develop action plans. But have we taken too radical a view when it comes to inventory levels?

Supply Chain Planning Software 116

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

Logistics Bureau

OCTOBER 31, 2016

If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. All inbound shipments should be checked against delivery documentation and purchase orders. Inventory Management in the Warehouse. “What?”

Supply Chain Design Software 40

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Supply Chain Strategy 40

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

Supply Chain Trend

NOVEMBER 27, 2016

He looked at the current situation and quickly started documenting the information and planning flows dysfunctions. Saying things like “we have had an inventory system since 1972, our ERP system does that – right” Or even we purchased that expensive APS supply chain planning in 1999 that’s the same thing right ?

S&OP 60

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

My Office Apps

AUGUST 4, 2021

In the olden days, manual data entry meant punching holes in sheets of paper, scanning and entering document info, and endless spreadsheets. Integrating these technologies is no longer a labor-intensive exercise. Today automated order management systems can do tedious jobs much more efficiently and accurately.

Procurement Solutions 52

Procurement Solutions Software Waste Reduction Inventory Reduction 52

HICX Solutions

JULY 28, 2020

The complex relationships with direct suppliers and the need to tie it to other databases, such as inventory, means that the theory of using P2P for all suppliers does not work in practice. How does this happen and what could an alternative path look like in comparison? Phase 4: Deciding when to call time.

Exercises 52

Exercises Comparison Data Resources 52

OptiProERP

MARCH 21, 2019

Having that information in an easily-searchable document repository instead of in multiple workstation local drives is a help. Imagine being able to Locate your business information via freestyle search, and drill down to the documents and sources. IDC also says we spend around 12.5 Cloud Technologies.

Analytics Software 65

Analytics Software Predictive Analytics Software Forecasting Software Modeling Software 65