Precoro

JULY 29, 2024

Businesses adopt online procurement systems to mitigate risks and to streamline requisitions, approvals, order placement, and spend management. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Analytics Software 105

Supply Chain Shaman

JULY 6, 2020

My job, as the plant engineering manager, was to drive innovation and implement technology improvement. Ed argued that instead of buying new packaging equipment that we should work with R&D to have a base flavor and add the color and flavoring at the head of the machine. I remember one project quite well. The So What?

Agile and Lean Supply Chain 362

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 362

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory?

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

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? Running procurement and supply chain without metrics is like driving blindfolded. Improve Efficiency: Understand process timelines and inventory holding to streamline operations.

Pricing Training 72

Pricing Training Optimal Sourcing Purchasing Skills Negotiating Skills 72

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

OCTOBER 29, 2020

True collaboration is systemic. Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics. Management of the cash-to-cash cycle is critical to maintaining working capital. In times of growth, when companies are funding inventory builds, cash is needed.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

FEBRUARY 14, 2022

At the time, I was fascinated how the most mature teams bucked the system. However, this mature team found the technology insufficient. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. Let me explain.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

JULY 3, 2017

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. The supply chain is a complex, non-linear system. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance.

Inventory Reduction 199

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 199

Unleashed

DECEMBER 6, 2021

For any wholesale business, software has become critical to survival. Competition is now so fierce – and national and international supply chains so changeable – that wholesalers need systems that are fast and reliable to keep up. So what should you keep an eye out for when you’re shopping around for wholesaling software?

Inventory Management Software 98

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

Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. Modern technology is the key ‘‘unlocker.’’ Enter our list of supply chain trends for 2024.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 217

Silvon Software

APRIL 16, 2025

Weve even included some examples of these KPIs using pre-built views for inventory reporting from our Stratum business intelligence solution. Available to Promise (ATP) Available to Promise (ATP) is a real-time inventory management metric that tells you how much of a product you can promise to customers without overcommitting.

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Nine times out of ten improving customer service requires different management of the budget cycle and a rethinking of financial planning.

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

SCMDOJO

FEBRUARY 20, 2023

This guide provides you with all the tools you need to make significant positive changes in a few simple steps. Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! Want to streamline your distribution operations?

Inventory Reduction 119

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 119

Silvon Software

NOVEMBER 14, 2024

To truly harness the power of POS data, CPG manufacturers must implement systems and processes that translate data into strategic improvements in sales, marketing, and operations. Depending on the retailer, this can involve manually downloading files or using automated tools to pull the data into a centralized system.

Inventory Reduction 59

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 59

Ware2Go

FEBRUARY 27, 2025

By allowing customers to purchase temporarily out-of-stock items, companies can preserve customer relationships while gaining valuable demand data. However, successful backorder management requires more than simply accepting orders for out-of-stock items. But today, technology has taken backorder management to a whole new level.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Forecasting Software Inventory Management Software 52

Supply Chain Shaman

APRIL 15, 2015

The use of best-of-breed planning technologies was small at 15%. Neither technology vendor is an industry leader in delivering a solution that fits the needs of the supply chain planner. Buying these solutions is far more complicated than is represented in a simple four-box quadrant. It is complex. There are many parameters.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

SCMDOJO

JUNE 9, 2025

In the world of logistics, where timing, coordination, and precision are everything, documentation often operates behind the scenes—yet it holds the entire system together. Every shipment, inventory check, customs clearance, and delivery relies on accurate records to move smoothly from one point to the next.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 52

ShipBob

APRIL 9, 2025

Core functions of warehousing every brand should know Security and risk mitigation strategies in warehousing functions How technology powers each warehousing function How ShipBob optimizes warehouse functions for ecommerce brands Get started with ShipBob Warehouse functions FAQs Many dismiss warehousing simply as storage.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Supply Chain Planning Software 52

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

SCMDOJO

AUGUST 15, 2024

Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing. By centralizing communication in a single platform, teams can ensure that everyone is on the same page, minimizing misunderstandings and delays.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Software Analytics Software Forecasting Software 98

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

JUNE 26, 2024

An enterprise resource planning (ERP) inventory system provides an integrated solution for managing inventory, operations, and financial planning. This quick guide dives into the concept of ERP inventory management, outlines the benefits and risks, and provides some best practices for implementing an ERP inventory system.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 52

Unleashed

APRIL 3, 2023

If you’re currently managing your accounts through QuickBooks, it makes sense to look for an inventory management tool that complements your accounting system. While QuickBooks offers some inventory functionality, it might not have all the solutions you require.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Supply Chain Network

DECEMBER 14, 2013

Speaker(s): Rob Bass, Vice President, Distribution, Best Buy Co., The Sears omni-channel journey is focused on cross-functional collaboration, technology, and delivering a “Wow” customer experience. Tom Boike, Vice President, Supplier Management, UPS. Room 25, Monday Feb 24 th , 10:30 am. Sumit Chandra, Partner, A.T.

Logistics Network Optimization Software 115

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Retail 115

ShipBob

OCTOBER 24, 2022

Proper demand forecasting and inventory control can help ensure a business doesn’t buy insufficient or excessive inventory. Demand forecasting can help you spend less money on both inventory purchase orders and warehousing , as the more inventory you carry, the more expensive it is to store. Set objectives.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Enterra Insights

JUNE 24, 2022

On that day, the barcode system invented by George Lauer, an IBM engineer, began to change the world.”[1] Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. ” How Barcodes Work. ’ But in truth a barcode is so much more.

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

GlobalTranz

DECEMBER 18, 2015

The new year will then bring series on trends and on the state of some of the business functions and technology used in proper transportation and logistics management. In the supply chain articles category it is clear the top ten are all about trends, facts, technology, and of course optimization. No Purchase Orders were used.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Supply Chain Opz

AUGUST 2, 2018

In Global organizations, successful inventory management is a complex science that requires modelling across an entire network to determine interdependencies between locations and the calculation of the ideal inventory targets from raw materials through work-in-progress to finished goods; no small undertaking.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. A grounding in all of these areas and disciplines is excellent and mandatory for anyone looking to work in Supply Chain. Creating a High Performance Organization! Infographic).

Supply Chain Design Software 98

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

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. How can smart software assist your reverse logistics programme? A further 41% said they buy multiple versions of the same item with the intent of returning some of them.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Supply Chain Shaman

AUGUST 3, 2016

” Their systems were not meeting their expectations. My favorites are Cisco Systems, Frito Lay, Intel, General Mills, Land O’Lakes, and Sandisk. The traditional advanced planning tool footprints did not give organizations a path to do this well. Supply chain planning is decision support technology.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 150

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process. Total Cost: The overall cost of the purchase order, calculated based on quantities and unit prices.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21