The Logistics & Supply Chain Management Society

JULY 16, 2023

Also Malaysia has dedicated halal parks, 22 in total, supported by halal park guidelines and incentives. The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Procurement Procurement involves sourcing and acquiring the materials or products needed for production. Communicate with suppliers to source materials, negotiate pricing, and ensure timely deliveries.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Arena Solutions

OCTOBER 12, 2023

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. I take our major KPIs (like on-time delivery, product yield, incoming quality acceptance rate, customer return rate, etcetera,) and use those as guidelines to drive the internal audit process.

Quality 113

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 113

NC State SCRC

MAY 1, 2020

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. The payment term was shifted with no prior notice.

Bangladesh 59

Bangladesh Apparel Supply Chain Planning Supply Chain 59

SCMDOJO

JULY 26, 2023

As the evidence against Roman grows, he takes hostages to buy time while he investigates. The strength of excellent communication in high-stakes situations is demonstrated by Roman’s strong negotiating style and his capacity to establish relationships with both the hostages and his rival, Sabian.

Negotiating Skills 98

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 98

6 River Systems

JUNE 10, 2019

Now it is only a matter of test buying products through unauthorized channels to recognize where the supply chain leakage is coming from. So I asked, “How about we make our employee the number #1 and fortify them better to radiate excellence to the customer as transferred effect?” Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

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

USC Consulting Group

APRIL 1, 2020

The plans take into account projections made by the sales and marketing departments, the resources available from manufacturing, engineering, purchasing, and finance, and are directed toward hitting the company’s objectives. Any additional strategies (make or buy, market share, flexibility)? Back to top ?.

Inventory Reduction 75

Inventory Reduction Supply Chain Planning Software Resource Reduction Inventory 75

Jaggaer

MAY 24, 2019

Outsourcing services can leave banks vulnerable to new sources of risk and new threat s. Once the consultation phase is over, these guidelines will enter into force on September 30 th , giving banking institutions less than six months to adapt their processes to European requirements. . How did this happen ?

Procurement Solutions 40

Procurement Solutions Guidelines Optimal Sourcing Procurement Analytics 40

Supply Chain View from the Field

APRIL 1, 2015

Here are a few guidelines I’ve encountered over the years that might help people think more about selecting and establishing metrics for your supply chain. Step 2 – Develop Metrics and Data Sources. Each metric must be defined carefully, and the source of data (whether from the MRP system, the accounting system, etc.)

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

SYSPRO Smarter ERP

DECEMBER 11, 2023

Customer relationship management and service Excellent customer service is a key requirement for renewable energy companies. The organization can work from a single version of the truth with all data residing in a single source. It allows analysis of how expected sales and purchase orders will affect inventory levels.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Synovos

JUNE 22, 2023

Clear, quantitative guidelines from which to evaluate these conditions and a part’s Fitness for Use are required to avoid inaction simply from fear to change. Some OEMs are embracing 3D printing as an alternative source for specific spares. OEM relationships add an additional layer of complexity to the 3D printing process.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Manufacturing Procurement 52

Arkieva

MARCH 17, 2016

The guideline here should be the company strategy. A common situation is to find a lack of buy-in from sales. It’s crucial for the buy-in that the sales people are involved right from the start. Don’t go with Excel. Input and buy-in from sales, marketing and operations is key. Failed earlier attempts.

Modeling 60

Modeling Scenario Planning Inventory Reduction Eliminating Excel in Purchasing 60

Precoro

APRIL 24, 2023

And to do so, an excellent supplier onboarding process is needed. Reduces maverick spending Maverick spending refers to off-contract purchases from non-preferred suppliers. The set of requirements will depend on the company's goals and policies, industry, and the type of products or services being purchased.

Supply Chain Design Software 52

Supply Chain Design Software Procurement Solutions Supply Chain Network Software Demand Planning Software 52

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. For example, if a solution you’re evaluating doesn’t meet the CIO’s security guidelines, she may veto the solution even if everything else looks great.

Supply Chain Planning Software 52

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

Provenance

OCTOBER 1, 2018

At Provenance, we envision a future where every great product comes with accessible, verifiable information about the people, places and materials behind its creation, helping us all make positive choices about the things we buy. Source and test new digital channels and areas for growth. More on our mission here. Attention to detail.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Supply Chain Network Software Negotiating Skills 40

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Infosys Supply Chain Management

JANUARY 15, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. They tend to seek help from external sources and expect these sources tell them on what they could do best.But the fact is, such standards is of less help and even best practices sometimes doesnt make a good sense of things.

Expense Reduction 39

Expense Reduction Agile and Lean Supply Chain Pharmaceutical Supply Chain Strategy 39

HICX Solutions

AUGUST 11, 2021

Just establishing these security guidelines and more controls, more quality controls internally, and externally, and making sure that employees are aware of what’s going on when going into the dialogue with the supplier,” has increased the urgency in this area. Let me give you two specific examples,” he adds.

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Infosys Supply Chain Management

SEPTEMBER 22, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. By formulating effective business policies, agreements and business plans that an enterprise can use to establish guidelines and rules for exchange of information with supply chain partners can help assuage those barriers.

Supply Chain Planning Software 27

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Software 27

Enterra Insights

FEBRUARY 24, 2021

Priyadarshi did an excellent job responding. The ethical answer is to self-destruct; but, members of the public are unlikely to purchase a car with such programming, knowing that it could make them victims. To avoid forcing members of the car-buying public to choose, manufacturers are selling cars that are assistive, not autonomous.”

Modeling Software 100

Modeling Software Analytics Software Optimization Software Guidelines 100

Precoro

MARCH 14, 2025

Although digital procurement solutions have been on the rise for the last decade, there’s still one thing that plagues every company’s purchasing process—and it’s called maverick spend. According to the American Productivity & Quality Center (APQC), maverick buying accounted for 1.8%

Material Savings 45

Material Savings Vendor Strategies Expense Reduction Price Reduction 45

Infosys Supply Chain Management

JANUARY 13, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Also, with increasingly shorter lifecycles for the components, it is getting increasingly important in the High-Tech industry to plan the components considering substitutes, before placing a buy signal to the Suppliers.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain Pharmaceutical 26

Infosys Supply Chain Management

JUNE 26, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A growing core of what the Financial Times recently described as " belief system " companies have concurred that sustainability practices add to positive customer buying perceptions as well as bottom-line results.

Supply Chain Planning Software 26

Supply Chain Planning Software Supply Chain Software Sustainability Optimal Sourcing 26

Precoro

MAY 6, 2024

Invoice tracking is crucial for purchasing companies that want to stay on top of payments and avoid paying penalty fees. This involves storing invoices, purchase orders, receipts, and other relevant documents in an organized manner for easy retrieval and reference. Plus, it enables buyers to capitalize on early payment discounts.

Procurement Solutions 105

Procurement Solutions Forecasting Software Optimization Software Procurement Analytics 105

Supply Chain Movement

MARCH 26, 2015

The procurement manager provides customer service support to DaVita employees for the purchase of products and services used in dialysis facilities and in business offices. Resolve issues teammates may have with vendors, products, purchase order processing. Assist with a variety of purchasing team projects and tasks as assigned.

Saudi Arabia 60

Saudi Arabia Purchasing Skills Negotiating Skills Purchasing Training 60

Precoro

MARCH 21, 2025

With RFI, you check which vendor can meet your deadlines and other project needs before you decide to buy. You can create an RFP in Precoro either manually or convert a Purchase Requisition (PR), which saves time by reducing manual input. The medical field issues RFIs to source IV bags, gauze, and other essential supplies.

Procurement Solutions 45

Procurement Solutions Vendor Strategies Material Savings Modeling Software 45

Precoro

FEBRUARY 13, 2023

The projection period can be a year, quarter, month, week, or even a day, as long as it’s recurrent and makes sense in terms of how much and how often a company makes purchases. Issue a budget manual with explanations of budget figures, forecast for income and spending, assumptions about the market, and supplier relationship guidelines.

Procurement Solutions 98

Procurement Solutions Forecasting Software Predictive Analytics Software Expense Reduction 98

6 River Systems

JUNE 29, 2020

“Some companies are starting to invest in creating data-backed profiles of their supplier base so they know where and when to look for second sources. These tools can also rapidly model alternate supply and transportation scenarios, such as rerouting around a port strike or going to an alternate source of supply.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

ShipBob

AUGUST 2, 2022

There are 433 million active users 77% of the audience is female 89% of users go to Pinterest for purchase inspiration The median age of a pinner is 40 but the most active users are younger than 40 97% of all searches on the platform are not branded 8 out of 10 pinners have said they bought products after seeing content on Pinterest.

Price Reduction 52

Price Reduction Sourcing Strategies Price Mitigation Strategies Strategy 52

ShipBob

APRIL 30, 2023

An eye-popping 94% of customers say that positive customer service experiences make them more likely to buy again. This can lead to a frustrating customer experience and prevent shoppers from buying from your store again. But before you can improve your customer service quality, you need an objective way to measure it.

Customer Service 52

Customer Service Optimal Sourcing Procurement Analytics Optimization Software 52

Elementum

DECEMBER 11, 2023

In today’s competitive landscape, companies are increasingly adopting BPA to maintain an edge and excel in their respective industries. For instance, a company can employ BPM software to expand buy now, pay later purchase options, enhancing overall workflow.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

Arkieva

JANUARY 6, 2017

The ABCDs of an Excellent Supply Chain. In this 2-part Supply chain strategy post , the Managing Director at Solventure – Bram Desmet, discusses the key elements of an excellent supply chain. So, as I sit down to write this blog, I wonder what are some of the things that make supply chains excellent? Please subscribe here.

Inventory Reduction 84

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 84

Requis

JULY 24, 2020

You’re going to need to buy more machinery, etc., A company we’ve been working with has just landed Walmart, who wants to make sure that its 40,000 suppliers are following the guidelines.”. For the long term, Anderson and Dershem are looking at radical new sourcing strategies: essentially, more, not fewer, suppliers.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130

Supply Chain Game Changer

JUNE 30, 2021

The tremendous shift of the seller-consumer dynamics now puts convenience, speed, and outstanding logistics supervision on the consumer’s list for a complete buying experience. An excellent customer service , which includes logistics, will help retain customers, and best of all will attract even more. Source: Premio.io.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Pricing Training Buyer Training Purchasing Training 98

QAD

OCTOBER 7, 2021

Further up the supply chain, we saw disruptions in the agriculture and shipping sectors as workers became ill and workforces were forced to socially distance and adhere to new guidelines. Truck transportation continues to be challenged with driver shortages , tight capacity, and warehousing is likewise finding it difficult to source workers.

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Optimal Sourcing Prescriptive Analytics Software 98

Supply Chain Game Changer

DECEMBER 6, 2018

Having a safe work environment requires establishing clear and effective warehouse safety guidelines. Clearly, an excellent warehouse safety program is highly important. Workers buy into the safety program because they believe managers like you are genuine in your commitment to a safe and healthy environment.

Warehousing 82

Warehousing Buyer Training Purchasing Training Material Savings 82