Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

Supply Chain Shaman

MAY 1, 2014

As hospitals adopted consignment planning programs, inventory progress slowed. The turns are the lowest of any industry, and despite investments in technologies and processes, inventory turns have only improved 3%, and Cash-T0-Cash (C2C) cycles have declined 4%. This precipitous drop in margin hurts. Companies are feeling pain.

Supply Chain Planning Software 292

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 292

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

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

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Shaman

APRIL 7, 2016

It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. In the outside-in supply chain, the signals are from the buy and sell-side markets back to the enterprise. How easy is it to buy from your company? I am not quite sure. It evolved over time. Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Supply Chain Network

MARCH 26, 2012

Though the company had benefited from equity interests in franchised bottling groups, the need to make more from less prompted Coca-Cola to buy out their main North American distribution groups. The result was improved flexibility of production, as well as better inventory and asset management. Global Guidelines.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Resource Reduction Supply Chain Strategy 97

Silvon Software

APRIL 18, 2024

Optimizing Enterprise Performance Advanced data management and performance analysis tools like Silvon’s can leverage AI to easily integrate, normalize and store data from numerous sources within a single, secure environment that can be easily accessed by users across the organization using business terms they understand.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Kinaxis

DECEMBER 3, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. There can be multiple reasons.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Infosys Supply Chain Management

AUGUST 10, 2012

Online sales have been growing at double-digit rates and the implications profoundly point to the reality that consumers prefer online tools and have shifted their shopping and buying preferences. cities with these lockers in-place are located in states that already collect sales taxes for online purchases. The initial U.S.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Kinaxis

SEPTEMBER 16, 2014

While there was always passionate discussions on companies and metrics, the end goal was to raise awareness of supply chain as a practice. While other “lists” use ROA, Inventory Turns and Revenue Growth, I find Lora’s science very objective. Most of this middleware was Excel and Meetings. So, drum roll please….

Supply Chain Planning Software 279

Supply Chain Planning Software Gartner Supply Chain Design Software Agile and Lean Supply Chain 279

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. Subscribe Here! Email Address.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Elementum

FEBRUARY 7, 2024

Improving Business Operations with Digital Processes At the heart of operational excellence is the ability to optimize workflows through digital process automation. Inventory Management: AI and ML bring precision to inventory control, automating reorder processes and warehouse organization, ensuring optimal stock levels and reducing waste.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

NC State SCRC

APRIL 3, 2019

Risk: Managing the supply chain [7]. With inventory desired to be at a minimum. The contract may also include metrics and resulting consequences (late fees, etc.). Risk: Competition in domestic and international markets [7]. Risk: Managing and retaining talent [7]. Stepanyan, THE ANATOMY OF RISK.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

Supply Chain Shaman

JUNE 16, 2014

Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear.

Supply Chain Design Software 288

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 288

Infosys Supply Chain Management

NOVEMBER 11, 2011

The Infosys global supply chain management blog enables leaner supply chains through process and IT related interventions. Discuss the latest trends and solutions across the supply chain management landscape. In this step, the actuals are compared with the planned metrics (MAPE, forecast accuracy, bias etc.) Supply Excellence.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 22

Precoro

FEBRUARY 27, 2023

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase. Let's learn more about them.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Game Changer

JUNE 2, 2020

Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. The details and magic of Excel analyses.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4. They increase their perfect order rate by 20% to 40% and customer satisfaction by as much as 30%.

Supply Chain Planning Software 116

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

QAD

AUGUST 3, 2022

Many manufacturers use these systems to automate tasks like accounting and procurement, project management, customer relationship management, risk management, compliance and supply chain operations. Customer Relationship Management (CRM). Inventory and forecasting decisions can be simplified and automated. .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

AFFLINK

FEBRUARY 15, 2017

Successful supply chain management requires a company to recover from disruptions, which are a normal part of any business. The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Short-Sighted Risk Management.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

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

Supply Chain Shaman

SEPTEMBER 13, 2021

If I do an excellent job at safety stock management, my company will have the right levels of inventory. The pending disruptions are not the old-fashioned version of risk management that floods your inbox.). Focus on the Form and Function of Inventory. Focus on improving inventory buffers.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Purchasing Skills 195

ThroughPut

NOVEMBER 28, 2023

From keeping tabs on inventory levels and production schedules to orchestrating order fulfillment, managing transportation, and evaluating supplier performance – it’s your one-stop shop for tracking many events and activities. This magic isn’t confined to just one corner of your business.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52