Logistics Bureau

NOVEMBER 3, 2024

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

Supply Chain Opz

AUGUST 2, 2018

In many organizations the challenge of multiple systems and disparate data sources is overcome through a combination of custom reporting tools, data warehouses and dashboards. Foundational excellence in People, Process and Systems capability needs to underpin the deployment of the model.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Supply Chain Game Changer

JUNE 10, 2020

Going out to eat, in essence, starts with a mini ‘supplier’ evaluation; gathering information, processing information, evaluating your options, and making a (team) buying-decision based upon the data at hand (other diner’s opinions, reviewed performance, accolades, etc.) Do you really know where, and who it is you buy from?

Procurement Solutions 72

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 72

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 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Full transcript below: Heatherly Bucher Welcome to our session on Succeeding at Strategic Sourcing. Engineering and sourcing professionals build the platform for engineering and sourcing.

Analytics Software 62

Analytics Software Negotiating Skills Purchasing Skills Sourcing Strategies 62

Arena Solutions

OCTOBER 6, 2020

Morgan was hit with a $6 billion trading loss due to an Excel copy-and-paste error. With Microsoft Excel and Google Sheets, a local copy of a spreadsheet can be made, and new data can be added creating silos of information. When pitching a new system, here is how to ensure buy-in from power users, engineers, and execs alike.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing Resource Reduction 78

Unleashed

NOVEMBER 29, 2021

Inventory management for eCommerce is the process of monitoring and organising inventory for online retail, from sourcing through to shipping. Additionally, if you’re forecasting future demand, you can purchase new inventory to match reality – so there’s less chance you’ll stock out, or buy too much.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Predictive Analytics Software 98

Supply Chain Game Changer

SEPTEMBER 30, 2020

Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020). Sure, you can try and shuffle through the rows and columns of your Excel Hell, build custom algorithms, and visualize a bar chart.

Procurement Analytics 64

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 64

Infosys Supply Chain Management

NOVEMBER 1, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. TradeEdge – Demand Chain Management. | 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.

Eliminating Excel in Purchasing 30

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

BlueYonder

JULY 5, 2023

Stephanie: WISE stands for Women Impacting Supply Chain Excellence. After I graduated, I started my professional career at IBM in various sourcing roles. I then worked for Lowe’s doing buying for the flooring department where you have products like grout and mortar, tile tools, saws, etc.

Supply Chain Software 92

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Logistics Bureau

JANUARY 7, 2020

Developed a process of excellence in supply chain collaboration. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Pioneered the use of vendor-managed inventory.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 111

GlobalTranz

JANUARY 21, 2015

The manufacturer has access to the distributor’s inventory data and is responsible for generating purchase orders. Definition: Solicit your suppliers to come into your company to assist you with Supply Chain Cost Reductions, and other important issues, rather than your suppliers soliciting your purchasing dollar.

Vendor Strategies 120

Vendor Strategies Cost Reduction Strategies Inventory Reduction Waste Reduction 120

Vinculum

JULY 7, 2020

As people are making buying choices based on new and ever-changing global and local circumstances, the product categories that are being purchased are also changing. These are: Proactive health-minded buying (purchasing preventative health and wellness products). How You can Scale Your Retail Business.

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Retail 52

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Others will have a purchasing or supplier management board at the senior management level.

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

Infosys Supply Chain Management

NOVEMBER 16, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. As was the case last year, the 2012 holiday buying season will be very much about the continued leveraging power of consumers in exercising multi-channel buying preferences and technology-enabled online tools.

Eliminating Excel in Purchasing 24

Eliminating Excel in Purchasing Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 24

Logistics Bureau

NOVEMBER 14, 2018

The tools for determining Cost To Serve include standard spreadsheet applications, such as MS Excel, and network design modeling software. This often gives what is called a “whale curve” of accumulated net profits that shows how: Image Source: [link].

Purchasing Skills 93

Purchasing Skills Cost Reduction Strategies Supply Chain Design Software Supply Chain Planning Software 93

Logistics Bureau

APRIL 3, 2023

If so, due to its size and buying power, the partner will likely be able to provide goods or services at an advantageous cost to you compared to the costs of sourcing internally. Additionally, a large-scale supplier can typically spread fixed costs over a larger production volume, reducing the price per unit.

Optimal Sourcing 98

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 98

Jaggaer

JUNE 18, 2019

It covers how Biogen is rethinking how it approaches supplier discovery and how granularly we understand, clean sheet, and cost model the items we’re buying. For example, last year we went through a benchmarking exercise with a bulge-bracket consultancy. Imagine trying to find 64 different slices in Excel—you would never do that.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

DynaSys

SEPTEMBER 22, 2021

And since their purview is different from yours, they’ll bring perspectives that you may not have thought of early in the buying process. Perhaps a major source of financial pain in your supply chain is not having a digitized capacity planning solution. Stakeholders can provide expertise and identify risks early on.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Demand Planning Software Optimization Software 52

HICX Solutions

MARCH 17, 2020

The continued growth in the adoption of procurement-to-pay (P2P) or source-to-settle (S2S) suites in the last few years is testament to the significant value they deliver to procurement teams in businesses of all sizes. This has significant implications for who can add or modify what data relating to the supplier.

Procurement Solutions 40

Procurement Solutions Supplier Management Vendor Strategies Procurement Analytics 40

Vinculum

AUGUST 23, 2022

It would be incorrect to ignore logistics when discussing e-commerce because establishing operational excellence is a priority for all e-commerce businesses. You must exercise extreme caution when choosing and purchasing a WMS. Consider adopting warehouse management software to automate the management of your warehouse (WMS).

United Arab Emirates 52

United Arab Emirates Optimization Software Inventory Management Software Logistics Network Optimization Software 52

Supply Chain Matters

DECEMBER 21, 2022

Factors were partially offset by increased purchased transportation rates, lower package volume, and higher other operating expenses. At the same time, we continue to focus on delivering excellent service for our customers.”.

Cost Reduction Strategies 59

Cost Reduction Strategies Expense Reduction Sourcing Strategies Purchasing Skills 59

EcoVadis

OCTOBER 16, 2017

This was an excellent opportunity to be able to bring together regional buyers and suppliers, share our expertise in CSR and discuss how we can improve and above all work together to promote sustainability in the supply chain”, explained Richard Bourne, Director of Supplier Engagement department at EcoVadis.

Sourcing Strategies 40

Sourcing Strategies Optimal Sourcing Supply Chain Network Software Material Savings 40

ThroughPut

JUNE 24, 2022

This has severely affected the smooth supply chain functioning across the globe due to the “panic buying” ripple effect. To what extent are we leveraging open-source technologies? That exercise should inform your next steps. AI in Supply Chain can help in Optimization. trillion to the global economy by 2030. MAXIMISED DATA.

Supply Chain Planning Software 98

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

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. This exercise was done before the monthly planning cycle start. Supply Chain Planners were involved to correct this situation & issue of Purchase Requisitions missing Source of Supply got addressed.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 29

Alloy

FEBRUARY 5, 2019

How do we set up a trusted single data source? identify a good data source, establish learnings, and then begin applying them to other data sources. Poor change management is a key reason why teams ultimately stick with tools that they already know and trust, like Excel.

Alloy 40

Alloy Supply Chain Software Supply Chain Strategy Supply Chain 40

Requis

OCTOBER 16, 2020

Companies at the smaller end of the continuum were working out of Excel sheets or Google Docs or, at the other end, working with clunky, complex enterprise resource planning (ERP) systems and product lifecycle management (PLM) systems. Those that aren’t already encumbered by existing purchases aren’t making the same choice.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 52

HICX Solutions

AUGUST 11, 2021

If you have a supplier with whom you have a purchase order for $50 a year, for example, do they really need to fill out and go through that whole process in the same way as another supplier with millions of spend? Very much a cross-functional exercise and definitely not just focused only on procurement or supply chain functions.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Arena Solutions

JUNE 13, 2024

Rob Pakalski is CEO of Datum Source. My name’s Rob Pakalski and as Karan mentioned, I’m Co-Founder and CEO of Datum Source. We consider ourselves a single source of truth for as-designed product definition, but we are not the only single source of truth in the tech stack. We are a source of truth for that.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

Arena Solutions

JUNE 13, 2024

Rob Pakalski is CEO of Datum Source. My name’s Rob Pakalski and as Karan mentioned, I’m Co-Founder and CEO of Datum Source. We consider ourselves a single source of truth for as-designed product definition, but we are not the only single source of truth in the tech stack. We are a source of truth for that.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

Logistics Bureau

DECEMBER 8, 2024

The Triple Challenge of Supply Chain Learning Supply chain managers and employees today have a direct impact on one of the most important sources of profit to an enterprise. Education must nonetheless fit in with business activities. What are the solutions? Competitors can catch up too fast to stake a companys future on these items alone.

Education 40

Education Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 40

Logistics Bureau

SEPTEMBER 22, 2016

That’s why it seemed a good idea to highlight some very practical and in most cases, inexpensive ways your company can keep employees hungry to learn, and to satisfy their appetite with readily accessible sources of supply chain education and knowledge. Purchasing and Supply Chain Management, by Robert M. Monczka, Robert B.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Education Supply Chain Software 40

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success.

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Material Savings Supply Chain Design Software 40

HICX Solutions

APRIL 16, 2021

As the definition of MDM highlights, establishing a ‘single version of truth’ or aiming for a ‘golden record’ – that is a master data source from which all else across the organization can be referenced – within the domain in question is a common factor that unites all MDM solutions. McGraw Hill, 2007. Single version of truth.

Analytics Software 95

Analytics Software Predictive Analytics Software Forecasting Software Optimization Software 95

Logistics Bureau

NOVEMBER 6, 2023

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. It also offers benefits regardless of whether you are already using energy-efficient light sources.

Cost Reduction Strategies 98

Cost Reduction Strategies Warehousing Waste Reduction Purchasing Skills 98

EMERGE App

MAY 20, 2023

So waiting for customers to recognize and buy your products may only prove detrimental to your business despite your product or service quality. Who is most likely to purchase your product immediately? The latter will cause them not to buy your product that is intended to be an answer to their need. I know you ask.

Pricing Training 52

Pricing Training Purchasing Training Purchasing Skills Negotiating Skills 52