QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. That may still sound simple, but corporate purchasing, regardless of the commodities the buyer is responsible for, is anything but simple.

Manufacturing Procurement 93

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 93

Unleashed

JANUARY 25, 2021

The purpose of a purchase order. Purchase orders are a crucial part of your purchasing processes. Purchase orders (PO) document the purchasing part of your inventory management system and are legally binding documents. How do you create a purchase order template?

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Negotiate Pricing 90

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. AI for supplier relationship assessment. Embracing AI for supplier management within the supply chain translates to: Optimizing your sourcing decisions through critical data insights.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. Businesses that excel in order fulfilment have an opportunity to stand out.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

synchrono

DECEMBER 18, 2017

So, once you have universal buy-in on the project (see Guest Blog1: Real-world Advice for Getting Started on eKanban ), the first step toward execution is to develop a good process, or value-stream map. Supplier performance. Freight costs. Replenishment lead time. Stock buffer health. Keep the Goals Top-of-Mind.

Inventory Reduction 104

Inventory Reduction Waste Reduction Expense Reduction Vendor Strategies 104

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Francine has been an Interim (project) manager and senior business analyst with a track record in Operational Excellence, Process Design and Data Analysis.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Unleashed

JUNE 3, 2020

But to transform MFP, manufacturers only need to focus on two: purchasing and production costs. Without complete traceability, a business can easily waste cash on uncompetitive pricing, freight costs or lost stock. For example, incorporating comprehensive supplier management tools or tracking margins with accurate landed costs.

Manufacturing Procurement 85

Manufacturing Procurement Price Reduction Cost Reduction Strategies Waste Reduction 85