article thumbnail

The Supplier Management Secret Recipe

Supply Chain Game Changer

What is Supplier Relationship Management (SRM)? The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. Something I’ve learned from a very young age is that food and mealtimes are something to be cherished. 2 dl | Transformation/Process Managers. I love cooking.

article thumbnail

Ecommerce Inventory Management: Why the Right Software is Key

Unleashed

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. Streamline processes : Inventory management practices reduce not just product waste, but time wasting too.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is Inventory Management Software and How Does It Work?

Unleashed

Upload vendor information: Supplier information – including product prices and contact details – is added to the inventory management software to enable faster purchasing. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

article thumbnail

Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

allowing them to shift their focus towards core activities like market share and product management. Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments.

article thumbnail

Spend Analysis: Best Practices

Precoro

Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management. It's expressed as a percent of total invoices that don't have a matching purchase order.

article thumbnail

Overview of European supply chain events 2015

Supply Chain Movement

Supply Chain Management & Optimization Conference. eWorld Purchasing & Supply. Supplier Management Excellence. Food Manufacturing & Safety Summit. WB Research. 18 February. Vector Event. Multimodal Europe. Eurologistics. Revolution. ARC European Industry Forum 2015. ARC Advisory Group.

Gartner 107
article thumbnail

Xero Inventory Software: Read This Before You Invest

Unleashed

Adding an inventory management app gives you the full power of a dedicated inventory platform, and all the smart features contained within, in combination with the accounting features which Xero does best. Businesses in complex industries like food production are more likely to require sophisticated Xero inventory software.