SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 73

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 73

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Talking Logistics

OCTOBER 5, 2016

As McCarthy put it, after a customer buys a bed, it’s his responsibility “to make sure we deliver it to their home brilliantly.” One key trend he pointed to is the growth in mobile transactions. Of course, e-commerce is creating new home delivery challenges and opportunities, which McCarthy discusses in the clip below.

Eliminating Excel in Purchasing 0

Eliminating Excel in Purchasing Supply Chain Network Software Supply Chain Planning Software Optimization Software 0

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Out of more than $100 million under spend, 3 people are supposed to manage this, including the Director of Purchasing. What are others saying about the recent past, present, and future of procurement and the trends involved in procurement?

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Supply Chain Insights

JANUARY 18, 2018

For the purposes of clarity, in this article, the term digital supply chain is the transformation of the atoms and electrons within the supply chain to unleash new levels of value. Here are my predictions for 2018: Supply Chain Excellence as We Know It Is Redefined. It feels a bit like tulip mania. Confluence of Technologies.

Prescriptive Analytics Software 197

Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software Predictive Analytics Software 197

Unleashed

FEBRUARY 9, 2023

Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

Talking Logistics

SEPTEMBER 13, 2016

Can negotiate better terms with (some) carriers because of electronic approval and payment – lowers disputes and decreases variability of their DSO. Reduces DSO. Proof of delivery (POD) is required before customer approves invoice. Authenticated POD reduces DSO. Increases DPO. Total savings per shipment is $265 – $325.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

QAD

JUNE 29, 2023

For example, having witnessed the failures of using Excel to manage foundational failure mode and effects analysis (FMEA), Ford Motor Company requires suppliers to document and maintain a foundational FMEA using a software tool — that’s how much the automaker values documenting institutional knowledge of failures and risk.

Price Reduction 92

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 92

BlueYonder

JANUARY 23, 2023

I love a recent quote from Trend Micro COO: “Make your employees feel like Superhero’s” – afterall, they are the one’s doing the heavy lifting. In fact, the buy online pickup in store (BOPIS) and delivery options have added to the frontline workers list of tasks to be completed. As a result, a more personalized experience is expected.

Inventory Reduction 83

Inventory Reduction Price Reduction Expense Reduction Cost Reduction Strategies 83

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

6 River Systems

APRIL 4, 2019

To learn more about the biggest trends shaping the logistics industry today, we reached out to a panel of logistics professionals and asked them to answer this question: “What are the biggest trends in logistics technology?” ” Meet Our Panel of Logistics Pros: Brian Jessup. Marc Tuinier. Amber Fullerton. Brian Jessup.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

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

Logility

MAY 25, 2023

It involves overseeing the entire inventory lifecycle—from purchasing and delivery to storage and dispatch. This technique is ideal when inventory items are non-perishable, or in industries where product value decreases over time, like electronics or fashion. Take a hard look at your segmentation strategy.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

RFgen

SEPTEMBER 9, 2014

Automation And Purchasing Controls. Review current procedure for authorization of orders as part of an examination of purchasing best practices. If bills are still being done on an old Excel spreadsheet, it’s time to look at new, electronic systems compatible with today’s technology, said Martinez.

Optimal Sourcing 52

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

RFgen

SEPTEMBER 9, 2014

Automation And Purchasing Controls. Review current procedure for authorization of orders as part of an examination of purchasing best practices. If bills are still being done on an old Excel spreadsheet, it’s time to look at new, electronic systems compatible with today’s technology, said Martinez.

Optimal Sourcing 52

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

IQMS

FEBRUARY 12, 2021

Keeping customers’ trust by choosing to excel at product quality above all is one of the main factors that drive manufacturers to adopt MES systems. Machine operators can also get a real-time view of process performance using quick inspection, control, and trend charts.

Manufacturing 65

Manufacturing Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 65

Logistics Bureau

JANUARY 21, 2020

In this retrospective of the highs and lows of the year, learn which retailers excelled, and which ones looked like they might be struggling in the fiercely competitive online retail arena. For example, general merchandise retailer Target, and consumer electronics giant Best Buy have been enjoying gains in online sales in 2019.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 52

Bristlecone

SEPTEMBER 10, 2020

Suddenly, what had been adequate planning tools have now become entirely defunct because of their reliance on historical trends. Spending has decreased in necessity categories like automotive additives because people are driving their vehicles less, and higher-end luxury and discretionary categories like electronics.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Software Demand Planning 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. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process?

Reverse Logistics 98

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

Bristlecone

MAY 31, 2020

SAP ARIBA: Bristlecone Industry-Specific Tactical Sourcing (BITS) – Introduces industry best practices into tactical sourcing, accelerates SAP Ariba Guided Buying deployment and adoption, and enhances user experience. S/4HANA system support for North American electronics company. Watch Video Series. North America.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement SAP Supply Chain Planning Software 52

Supply Chain Shaman

JUNE 14, 2014

I want to be part of the evolution that helps leaders to redefine strategies based on the changing physics, electronics and capabilities in value networks. Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. High-Tech and Electronic Supply Networks. Tipping points are fascinating to watch.

Optimal Sourcing 284

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 284

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. They are the most prevalent in the consumer electronics industry. Customer-Centric Supply Chain Processes. The Building Blocks.

Material Savings 183

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 183

Infosys Supply Chain Management

NOVEMBER 1, 2011

Discuss the latest trends and solutions across the supply chain management landscape. Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. « Will "Profitable To Promise" be Viable In Retail Industry ??

Eliminating Excel in Purchasing 30

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

o9 Solutions

MAY 26, 2021

As a recent grocery retail study by McKinsey(1) points out, “the growth of online and the trend toward value are likely to put further pressure on grocers’ margins, especially given that the overall market may shrink once restaurants return”. A lot of blood, sweat and Excel is devoted to root cause analysis of operational failures.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

As a recent grocery retail study by McKinsey(1) points out, “the growth of online and the trend toward value are likely to put further pressure on grocers’ margins, especially given that the overall market may shrink once restaurants return”. A lot of blood, sweat and Excel is devoted to root cause analysis of operational failures.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Supply Chain Network

NOVEMBER 8, 2015

The omni-channel consumer is here and this holiday season, their expectations will not only affect the impending Black Friday and Cyber Monday shopping rush, but also shape how their purchase decisions are made throughout the year. Buy Online, Pick Up In Store” may be convenient, but not without issues.

Retail 60

Retail Eliminating Excel in Purchasing Purchasing Skills Procurement Solutions 60

Kinaxis

JANUARY 15, 2015

A similar trend emerged in the electronics manufacturing sector. The Talent Make vs. Buy Decision. Once this is clearly defined, it is easier to consider the core competency question, or the make vs. buy decision. Process excellence and continuous improvement have been around for a long time.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software SCM Supply Chain Software 100

SupplyOn

SEPTEMBER 11, 2019

We spoke with André Truszkowski-Jonas, responsible for Business Excellence at Siemens Mobility, about current trends, the benefits of a rail community and the importance of standards for the industry. Ultimately, the point is to ensure that everything is available electronically throughout a product lifecycle of 30 to 35 years.

Supply Chain Software 40

Supply Chain Software Industrial Industry Electronics 40

Infosys Supply Chain Management

DECEMBER 18, 2012

Discuss the latest trends and solutions across the supply chain management landscape. This commentary is an interim follow-up to this authors previous Infosys Limited guest commentary: Headline for the 2012 Holiday Buying Season- Overcoming the Challenges of Fulfillment Complexity. Guest Post by. According to ComScore Inc.,

Eliminating Excel in Purchasing 26

Eliminating Excel in Purchasing Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 26

Supply Chain Shaman

NOVEMBER 14, 2016

To understand the results, follow the year-over-year pattern in the orbit chart in Figure 1 and then look at the results of the consumer electronics industry in Table 1. Table 1: Results of the Consumer Electronics Industry for Performance, Improvement and Value. In 2016, VTech is a finalist in the Supply Chains to Admire analysis.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 150

Supply Chain Movement

DECEMBER 17, 2014

eWorld Purchasing & Supply. 9th Hi-Tech & Electronics Supply Chain Summit. Supplier Management Excellence. Trends calendar Europe events overview supply chain' WB Research. 18 February. Supply Chain Management & Optimization Conference. Vector Event. Multimodal Europe. Eurologistics. Revolution. 12-13 March.

Gartner 107

Gartner Supply Chain Strategy Supply Chain Planning Supply Chain Optimization 107

Infosys Supply Chain Management

NOVEMBER 29, 2011

Discuss the latest trends and solutions across the supply chain management landscape. « Retailer Multi-Channel Operations Capabilities Get an Early Test in the 2011 Holiday Buying Season | Main | Fraud vs Customer Centricity - III » Layaway and Buy Now Pay Later Payment Options! Service differentiation w.r.t

Eliminating Excel in Purchasing 22

Eliminating Excel in Purchasing Manufacturing Procurement Procurement Solutions Agile and Lean Supply Chain 22

IQMS

MARCH 27, 2020

Today, during the COVID-19 response, ERP is keeping entire industries in operation with its ability to sustain business operations through remote access, automated reporting, electronic data exchange, and real-time factory controls. Having an immediate view helps Mar-Bal excel at being responsive and helpful to its customers.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

GlobalTranz

FEBRUARY 2, 2015

No Purchase Orders were used. Further, Fleet Equipment magazine identifies six emerging trends in the dynamic commercial vehicle aftermarket. One of these trends deals with utilizing the latest inventory management techniques to manage customers to “lean”. Example: A once/twice Weekly purchase order cycle.

Vendor Strategies 120

Vendor Strategies Inventory Reduction Modeling Software Modeling 120

Unleashed

MAY 24, 2021

These industries include car-making, apparel, food, household goods, and electronics. That trend has pushed the value of ethical fashion up steadily in recent years, although it did see a decline through 2020 due to the impact of the Covid-19 pandemic. The Centre of Excellence for Sustainable Advanced Manufacturing.

Manufacturing Procurement 98

Manufacturing Procurement Sustainability Manufacturing Waste Reduction 98

IQMS

JUNE 25, 2019

A recent study by Boston Consulting Group, Pairing Blockchain with IoT to Cut Supply Chain Costs, completed a hypothetical analysis of how much a $1B electronics equipment company implementing blockchain-as-a-service, a decentralized track-and-trace application, and 30 nodes that share among key supply chain stakeholders could save.

Supply Chain Planning Software 83

Supply Chain Planning Software Pharmaceutical Optimal Sourcing Supply Chain Software 83

ShipBob

NOVEMBER 6, 2023

This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand. 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. 3PLs like ShipBob help with this.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52