Logility

SEPTEMBER 19, 2023

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Excel-based tools lack these capabilities. Ready to get started? Contact us.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

Supply Chain Shaman

DECEMBER 11, 2018

Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. 3) Outside-in Processes.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 203

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

Unleashed

MAY 20, 2024

Unstable market conditions, client destocking, and the Red Sea crisis – in combination with the rise of average purchasing costs – are responsible for the recent drop in manufacturing PMI , according to data provider S&P Global. Upgrade to cloud software as soon as your budget will allow it. Request (and provide) timely updates.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

Supply Chain Shaman

FEBRUARY 13, 2017

Founded in 2000, Steelwedge was an innovator in Sales and Operations Planning (S&OP) and was an early provider of cloud solutions for supply chain. I asked him over and over, “Is the market ready for a solution for JUST Sales and Operations Planning?” The supply chain management software market had soured.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Supply Chain Software 0

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

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Precoro

JULY 18, 2022

Invoice automation software eliminates manual intervention, except in those special cases where a human touch is required, greatly reducing the burden on accounts payable and finance teams. It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

QAD

JUNE 29, 2023

Because designing quality from the start requires a combination of the right employees using the proper tools and processes in a corporate environment that teaches, expects and fosters investment in the upfront design process. Take PennEngineering for example. New product introduction (NPI) also includes managing suppliers’ quality.

Price Reduction 91

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 91

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Logility

MAY 25, 2023

For manufacturers, inventory control is not just a requirement, but a strategic tool that, if used effectively, can become a competitive advantage. It involves overseeing the entire inventory lifecycle—from purchasing and delivery to storage and dispatch.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

Supply Chain Game Changer

NOVEMBER 5, 2019

Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource. Subscribe Here! Email Address. Why is MRO Management Important?

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

Supply Chain Shaman

FEBRUARY 27, 2020

Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. A second story is of an electronic distributor.

Analytics Software 248

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 248

Talking Logistics

JANUARY 30, 2018

It only takes a simple example to remind you how e-commerce continues to evolve and the potential it has to disrupt traditional markets, supply chains and even governments. Let me tell you how international e-commerce is changing one buying pattern and why it will reshape global logistics operations and government import regulations.

Global 125

Global Sweden Eliminating Excel in Purchasing Logistics Network Optimization Software 125

Jaggaer

OCTOBER 22, 2020

He was joined by Youness Taghrichte, Head of Procurement at Attijariwafa Bank, together with Richard Hogg, VP Northern Europe, JAGGAER, and Javier Lopez, Senior Value Engineer, JAGGAER. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

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. 3 examples) What are the challenges of reverse logistics? How can smart software assist your reverse logistics programme? What steps make up the reverse logistics process?

Reverse Logistics 98

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

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

IQMS

MARCH 27, 2020

However, the extensive reliance on ERP solutions to maintain widespread, fundamental business continuity, as we are seeing today, has never been experienced on such a large scale. A good example is Mar-Bal Inc., Real-time production monitoring is usually held out as an example of the ultimate in manufacturing control.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

Supply Chain Game Changer

MARCH 5, 2021

Like a paper bank, a Bitcoin wallet can be held safe and protected both digitally and electronically. Additionally, while blockchain is recognized as the most excellent protection valve in cryptocurrency transactions, digital currencies were as secure as the wallet app that contains them. Build an Encrypted Storage Unit.

Security 98

Security Procurement Solutions Supply Chain Software Supply Chain Network Software 98

ShipBob

NOVEMBER 6, 2023

Using an inventory management software can help you keep track of inventory during physical inventory counts. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. Learn more about inventory reconciliation here.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Unleashed

SEPTEMBER 7, 2021

There are three main components involved: Barcoding hardware Barcoding software The barcode itself Here we’ll look in detail at all three of these components, as well as how barcoding is used as a critical part of online inventory management , warehousing and supply chain management – and some of its key benefits. How do 2D barcodes work?

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How can you use electronic payment methods to get better terms? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. VMI is an excellent option for many dealers and distributors as it has the ability to increase inventory turns, reduce customer returns, reduce administrative costs and reduce lost sales. A real world example of Vendor Managed Inventory in play is electrical products company Leviton Manufacturing.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

NC State SCRC

FEBRUARY 20, 2023

Supply chain partners have been using EDI , a standard electronic format, to share data and transact business for more than sixty years, and it continues to evolve. The PoV proposes that “ API and EDI integration” is “the future” and cites examples where APIs (e.g. Finding toilet paper resembled a Hunger Games quest.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

SupplyOn

JULY 17, 2018

In other words, from the digital purchase order, via the digital confirmation, all the way through to the digital invoice. Individual portals, in particular as far as supplier acceptance was concerned, did not provide the necessary solution. What is particularly important to him is that the entire process be fully digitized.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Optimization Software 40

QAD

AUGUST 18, 2020

If they aren’t already, suppliers and other companies in the automotive space must be forming strategies around this reality – that software is going to be the great differentiator among vehicles of the near future. Some automotive suppliers recognized this and began their transition into the software sector years ago; some are jumping in.

Modeling Software 98

Modeling Software Automotive Procurement Solutions Software 98

IQMS

JUNE 25, 2019

The Supply Chain Management enterprise software market is growing from $12.2B The study found that the electronics equipment company could save up to $6M a year or.6% Combining blockchain and IoT is enabling manufacturers to pursue and excel at digital twin initiatives across their value chains. in 2017 to $20.4B

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

Taulia

APRIL 6, 2021

One where at the click of a button a business can send invoices electronically, collaborate with customers and get access to the cash it needs to invest in growth , cope with demand, or even survive in periods of hardship. Technology-led solutions got traction with large enterprises and their suppliers which transformed the market.

Supply Chain Network Software 52

Supply Chain Network Software Supply Chain Software Demand Planning Software Modeling Software 52

RFgen

MARCH 12, 2024

Without accurate inventory tracking or digital inventory management , this may require an in-depth review of inventory purchase records to identify initial costs. This is because the newer inventory is purchased at a higher inflationary value. Automation software can simplify the process.

Inventory Management Software 81

Inventory Management Software Inventory Reduction Inventory Management Material Savings 81

Logistics Viewpoints

MARCH 9, 2023

End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. The importance of preparing for different scenarios became clear after the COVID pandemic.

Supply Chain Planning Software 203

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 203

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Supply Chain Shaman

JULY 29, 2017

Most hang on the back of forty-year old Electronic Data Interchange (EDI) processes. Examples include E2open, Elemica, GT Nexus (now owned by INFOR ), and SAP Ariba. As shown in Figure 2, few orders and purchase orders flow hands-free. When the group started, technology/software providers wanted to send sales people.

Supply Chain Network Software 153

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 153

Supply Chain Game Changer

NOVEMBER 17, 2018

From clothing to electronics to toiletries, you can find almost anything on Amazon. You can also use tools like the MerchantWord’s keyword researcher to find items that are being searched for frequently online. For example, if it sells out within a day or two, it’s high demand. Wondering how you can get in on the action?

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Column E is the average number of days it takes to receive goods of that type once you place a new order.

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98