Logistics Viewpoints

APRIL 25, 2024

Higher expenses. This past October, the consortium endorsed a universal standard for an API (application programming interface) that eliminates the need for multiple interfaces and allows carriers to interact with just one. Create a facilities “Center of Excellence.” The net result? Dissatisfied customers. They aren’t.

Expense Reduction 312

Expense Reduction Cost Reduction Strategies Supply Chain Design Software Inventory Reduction 312

RFgen

DECEMBER 27, 2024

This prevents stockouts, reduces waste from overstocking, and optimizes your warehouse operations. This improves communication, reduces lead times, and optimizes your entire supply chain. This offers several benefits: Lower Upfront Costs: No need for expensive hardware investments or extensive IT infrastructure.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Inventory Management Software 98

Logistics Viewpoints

JUNE 8, 2023

To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. And what are the comparative costs of building versus buying?

Modeling Software 273

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 273

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. What are the strategies that helped the best survive?

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The lubricants are oils and greases to reduce friction and prevent moving machine parts from grinding. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Followed by “How are you organized, and what defines functional excellence? And, how do you tie functional excellence to corporate value?”

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

DELMIA Quintiq

DECEMBER 2, 2019

Retailers are currently charging customers only 80 percent of the overall delivery costs, which happens to be the most expensive part of the retail supply chain. Grocery retailers that want to excel in this space — while protecting their bottom line — need to optimize their logistics planning.

Eliminating Excel in Purchasing 45

Eliminating Excel in Purchasing Supply Chain Planning Software Purchasing Skills How To 45

SCMDOJO

APRIL 11, 2025

Economic downturns can disrupt the flow of goods, increase operational costs, and reduce profit margins. In this blog post, well explore the importance of robust supply chains, the key risks they face during economic downturns, and practical strategies. Recession-proofing a supply chain doesn’t mean eliminating all risks.

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Reduction Waste Reduction Supply Chain Design Software 69

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Logistics Bureau

NOVEMBER 3, 2024

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy In 2014, a survey by Tompkins Consortium delivered a shocking revelation.

Inventory Reduction 74

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

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 142

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 142

ThroughPut

JUNE 2, 2025

To stay ahead of the curve, industry leaders are turning to data-driven strategies and artificial intelligence (AI) to transform how they manage inventory, forecast demand, and optimize the entire spare parts lifecycle. However, these shifts can increase lead times and introduce new logistical and quality control challenges.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. This also speeds up the transaction process by eliminating the need for individual vendors to present a detailed project (Medius, 2021).

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

ivalua

JUNE 29, 2020

The average hospital spends nearly 30% of its overall non-labor operating expenses on supply chain expenses. According to this same research, there is an opportunity to reduce total supply expense by average of 17-18% for a given hospital. The Path to Supply Chain Excellence. What is The Fundamental Challenge? .

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

DELMIA Quintiq

DECEMBER 2, 2019

Retailers are currently charging customers only 80 percent of the overall delivery costs, which happens to be the most expensive part of the retail supply chain. Grocery retailers that want to excel in this space — while protecting their bottom line — need to optimize their logistics planning.

Eliminating Excel in Purchasing 156

Eliminating Excel in Purchasing Supply Chain Planning Software Purchasing Skills How To 156

The Logistics & Supply Chain Management Society

MAY 28, 2022

At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. A report also found that a fifth of the 2,000 largest publicly-listed companies in the world have pledged to pursue a net-zero strategy.

Sustainability 246

Sustainability Singapore Cost Reduction Strategies Vendor Strategies 246

Logistics Viewpoints

MAY 11, 2023

How the digital twin concept drives benefit By using advanced analytics and machine learning algorithms, digital twins can provide real-time insights and recommendations to optimize operations, reduce costs, and increase productivity. is often prohibitively expensive and a risk to business continuity. Physical change (i.e.,

Modeling 307

Modeling Analytics Software Supply Chain Design Software Optimization Software 307

Procurement Academy

JANUARY 16, 2025

A process audit report is designed to, ultimately, streamline processes, enhance decision-making and drive overall procurement excellence. Typically, a procurement audit report will review areas such as the agreement of contracts, pricing data and purchase information, financial statements, stakeholder data and supplier performance records.

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Supply Chain Shaman

SEPTEMBER 28, 2012

Instead, the leadership team needs to build a strategy for the entire organization to focus on the delivery of value-based outcomes. Most companies have made their own organizations more efficient (ROA), but they have not reduced inventories and they have pushed costs back in the supply chain on suppliers that are less able to bear them.

Pricing Training 262

Pricing Training Supply Chain Design Software Purchasing Training Waste Reduction 262

The Logistics & Supply Chain Management Society

MAY 28, 2022

Companies need to re-evaluate their supply chain strategies, if they are still most optimal. Companies are realising that high dependency on global sourcing from the cheapest source is a dangerous strategy in securing supply and continuity of manufacturing operations. Sea freight and airfreight costs have become very expensive.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

The Logistics & Supply Chain Management Society

OCTOBER 10, 2022

From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside. drop, and it continues to set new standards for delightful post-purchase customer experiences. That’s an 87.5%

Logistics Network Optimization Software 242

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Procurement Solutions 242

Supply Chain Game Changer

MARCH 26, 2021

5 Insights for Managing Your Fleet Strategy! If an organization finds a way to reduce operational costs, it can lead to savings that apply directly to the bottom line. Here are 5 ways that a company can reduce operational expenses for fleet management. And unexpected breakdowns are very expensive. Email Address.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Resource Reduction Price Reduction 98

SCMDOJO

APRIL 11, 2025

But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Identify Bottlenecks & Opportunities: Quickly spot areas that are underperforming and need attention or areas where you’re excelling. It informs supplier base management strategy and risk assessment.

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

The Logistics of Logistics

JUNE 27, 2022

Areas of focus include new market entry, new product development, sales effectiveness, partnerships and alliances, operational excellence, and financial management. An older, more expensive population means China is not a low-cost country for business. The Number One Reason Why People Buy with Steve Elwell. Steve Elwell.

Trends 242

Trends Supply Chain Software Supply Chain Scenario Planning 242

Logility

APRIL 6, 2020

There is a very clear & present danger that exists on the revenue line and this can quickly become an expense problem if not managed appropriately. This puts significant pressure on Merchants, Planners, Supply Chain and Corporate Finance team members to find the right solution for their inventory strategy.

Retail 209

Retail Expense Reduction Inventory Reduction Supply Chain Planning Software 209

Precoro

JULY 9, 2025

Definition: Procurement transformation is the strategic overhaul of how a business buys goods and services. This approach focuses on changing procurement holistically beyond minor tweaks, starting from strategies to organizational structures. Procurement used to be mainly about reducing costs and handling purchases.

Procurement Solutions 45

Procurement Solutions Procurement Analytics Optimal Sourcing Purchasing Training 45

6 River Systems

OCTOBER 12, 2020

Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. A reduction in oceanic transportation would necessitate changes to distribution routes. billion, while transportation costs increased by 10.4% His current role as a Sr.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. Initially, this product will focus on the purchase order (PO) acceptance process.

Supply Chain Design Software 273

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 273

ThroughPut

MAY 20, 2025

Why Traditional Methods Just Cant Cut It Anymore. In other words, businesses can eliminate the guesswork in demand forecasting and proactively plan for it with the help of data-backed decision-making. This ensures inventory is balanced across locations, at all timeswhile significantly reducing waste and preventing shortages.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

Supply Chain Shaman

OCTOBER 29, 2020

In a win/lose relationship, one party gains at the expense of the other. I find it ironic that technology has never been able to move funds quicker, yet we are accelerating financial reengineering processes to make money at the supplier’s expense. The company in an effort to reduce costs outsourced payments. My takeaway?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Supply Chain Shaman

APRIL 16, 2024

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. I likened the journey to eliminating the secretarial pool in the office in the 1980s. Good planners are scarce and expensive. This is how we should jump.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 221

Kinaxis

DECEMBER 12, 2017

With the calendar, I was able to schedule my known income (paycheck) and my known expenses (car loan, mortgage, utilities, taxes, groceries, etc.) It was my crystal ball, and I regularly asked it questions like: What if I buy that awesome new 27″ Sony Trinitron television this week, could I still make my mortgage payment?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 195

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

Logistics Viewpoints

DECEMBER 12, 2022

At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. S&OP is the key process in effectively balancing supply – what can be made – with demand – what customers want to buy. We realized that the software we’re paying for is very expensive and robust.

Supply Chain Planning Software 261

Supply Chain Planning Software Procurement Solutions Supply Chain Planning Manufacturing Procurement 261

Precoro

OCTOBER 6, 2022

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. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

QAD

JUNE 29, 2023

Here are five key strategies for designing quality from the start, along with the tools, steps and environment needed to make it happen. Documenting that knowledge does the following: Reduces the risk of losing everything inside your subject matter experts’ heads if and when they leave your company. Supplier part approval is a process.

Price Reduction 98

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 98

ToolsGroup

SEPTEMBER 15, 2015

Lora Cecere, founder of Supply Chain Insights, noted in a recent webinar that a common outcome of these failed implementations is that supply chain organizations end up in “Excel ghettos where lots of people are touching data but not improving it.”.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 120