SCMDOJO

JANUARY 17, 2024

A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management. They are in charge of purchasing, procurement, and sourcing.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 98

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I Food production is, however, different to other areas of manufacturing in crucial ways.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

SCMDOJO

APRIL 4, 2023

To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. Purpose of SCM Analytics Supply chain analytics aims to provide insight and extract value from the large amounts of data associated with the procurement, processing, and distribution of goods.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

synchrono

JANUARY 31, 2017

I have found this to be true when working with many different manufacturers. Mark also writes: “Metrics that have the attention of business and manufacturing leaders tend to be those that get measured and improved upon by their employee teams.”. I agree– measurements do drive behavior. Before we begin, here’s why we should.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 40

6 River Systems

OCTOBER 12, 2020

A shift to manufacturing critical goods like pharmaceuticals in the United States would lead to higher production costs, for instance. Beachgoer is an AI-assisted eCommerce startup that leverages big data to make profitable purchase decisions. The ideal sourcing location will be a balance in terms of cost, quality and logistics cost.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

ThroughPut

JUNE 24, 2022

When faced with a pandemic like COVID-19, establishing a good understanding of the impact on supply chains and contingency plans can help manufacturing companies deal with uncertainties in the right way. AI can also analyze workplace safety data and inform manufacturers about any possible risks. 2) INTELLIGENT DECISION-MAKING.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Supply Chain Movement

MAY 19, 2016

In 2013 Nokia took full ownership of Nokia Siemens Networks, buying the other half of the venture from Siemens, and 2014 sold its handset business to Microsoft. Nokia is currently preparing for another major change, its purchase of Alcatel-Lucent, which is expected to close in Q1 2016. By Helen Armstrong. It’s a one-stop shop.”.

Supply and Demand 60

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 60

Unleashed

AUGUST 15, 2024

The case for Zoho Inventory alternatives Zoho Inventory can be a useful tool for managing stock and purchasing, but it’s not suitable for every business. Top 5 alternatives to Zoho inventory: Unleashed: Best for manufacturing, wholesale, and distribution. Here are the results. Mintsoft: Best for eCommerce and third-party logistics.

Inventory Management Software 52

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

Taulia

NOVEMBER 28, 2021

By regularly monitoring the average amount of inventory you hold, perhaps monthly, you can determine whether you’re over- or under-buying and iron out the spikes and drops to make your approach to inventory management more efficient. You can calculate inventory turnover using the following formula: Cost of goods sold / average inventory.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

6 River Systems

FEBRUARY 25, 2019

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. . I think when your business is self-reliant, you never have to deal with lost shipments, late shipments or anything.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

QAD

JUNE 26, 2024

Obtaining organizational buy-in requires understanding how S&OP can help reach Sales and Marketing goals and, ultimately, the company’s overall objectives. The Sales and Marketing leader needs to wisely manage these competing KPI. Sales and Marketing both need to realize the value of S&OP for their individual objectives.

S&OP 52

S&OP Supply and Demand Forecasting Supply Chain Planning Software 52

Logistics Bureau

NOVEMBER 27, 2016

So in order to perhaps spawn some ideas for your supply chain excellence efforts, I thought I’d offer a brief overview of how four leading organisations are achieving their successes and cementing their mastery of the 21 st century supply chain. 4 Leading Operators with the Supply Chain X-Factor. The Sustainability Drive. Innovation.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

Logistics Bureau

DECEMBER 20, 2016

Despite the apparent complexities involved in supply chain management, achieving excellence really doesn’t have to be too difficult. In this post, we explain what those pillars are, why they matter, and how to align them in a way that supports supply chain management excellence. Procurement costs.

Cost Reduction Strategies 40

Cost Reduction Strategies Inventory Reduction Price Reduction Expense Reduction 40

ThroughPut

NOVEMBER 28, 2023

Data integration capabilities: Your supply chain generates data from various sources – inventory systems, production lines, transportation networks, etc. Top-tier analytics software should seamlessly integrate data from these disparate sources, offering a unified view of your entire supply chain.

Prescriptive Analytics Software 52

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

Infosys Supply Chain Management

APRIL 8, 2014

Industrial Manufacturing. Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Gamification - An EAM perspective | Main | Whats your KPI? New application purchases are being evaluated to be cloud deployable. Automotive.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

ThroughPut

MAY 23, 2019

The Automotive Industry is being disrupted on all sides and is upending the traditional models of vehicle manufacturing that have evolved over the past 120 years to dominate the world. Even Ford CEO Jim Hackett talks about auto manufacturers’ decades of proprietary consumer, vehicle and test data as a market differentiator.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40

6 River Systems

FEBRUARY 22, 2019

As part of any warehouse’s KPI suite, cost indicators need to be measured, and there needs to be a focus of continuous improvement on these indicators. Inventory provides an excellent example of a cost indicator that should be measured and continuously improved. Our aim is to reduce overstock therefore improving our buying processes.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Supply Chain Trend

DECEMBER 13, 2016

Steve Hainey is an international speaker who has had over 20 years’ experience in global multi-site supply chain planning for Fortune 100 & 500 manufacturing companies of retail consumable goods, chemical materials, and medical device products. I have purchased the E-Book myself and truly enjoyed it. . Just keep moving forward.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Logistics Bureau

DECEMBER 20, 2021

The inventory turns KPI is the metric that provides this information. The inventory to sales ratio is another helpful KPI to track turnover. For simplicity, let’s assume that the company manufactures just one item—and sells it for $23 per unit. 1: Inventory Turns. 4: Inventory to Sales Ratio. 7: Backorder Rate.

Inventory Reduction 98

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 98

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

ThroughPut

JUNE 4, 2020

Inventory Optimization is defined as a method of balancing the manufacturers’ capital investment constraints and goals along with the defined service-level goals over a large assortment of stock-keeping units (SKUs) while considering all demand and supply volatility situations. What is Inventory Optimization? Demand forecasting.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Optimization Software 52

GlobalTranz

MAY 4, 2016

In modern manufacturing and transportation, savings are everything. Nearly every company offers some sort of discounted shipping plan for large purchase orders, and more customers are demanding faster delivery at a reduced rate. Freight Management KPIs are undoubtedly the most important metrics to track and understand.

Freight 120

Freight Procurement Analytics Sourcing Strategies Cost Reduction Strategies 120

Precoro

NOVEMBER 25, 2024

Let’s be honest: managing procurement can feel like a juggling act — with pending requisitions, undelivered purchase orders, unpaid invoices, budget tracking, and stock transfers all in the mix. That’s where procurement reporting dashboards come in and let procurement managers see what’s really going on.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 105

SCMDOJO

JANUARY 22, 2025

Customer OTD (On-Time Delivery) % Definition One of the most critical KPIs in supply chain metrics is the percentage of order lines delivered to the customer within the agreed-upon timeframe. Calculation Issues to Consider It is mandatory to report this KPI for the Electrical Sector.

Procurement Analytics 90

Procurement Analytics Metrics Supply Chain Design Software Supply Chain Planning Software 90

Precoro

JUNE 4, 2025

They help procurement managers track and measure performance metrics, such as quality, delivery, cost, and compliance, to guide contract renewals and drive continuous improvement.  Starting with a focused set of KPIs tailored to your business goals ensures the scorecard remains relevant and actionable.

Vendor Strategies 45

Vendor Strategies Examples Optimal Sourcing Negotiating Skills 45

Supply Chain Digest

JUNE 16, 2025

Commandment 9: Insist on User Friendliness Independent of the effort put forth to design a system, purchase hardware and develop software, the single biggest test of implementation occurs when an operator attempts to scan bar coded media. lost net about 200,000 manufacturing jobs per year to offshoring.

Supply Chain Design Software 47

Supply Chain Design Software Supply Chain Planning Software Forecasting Software Modeling Software 47

Supply Chain Digest

JUNE 13, 2025

You can find the full breakdown by logistics cost bucket in the chart below: Source: CSCMP/Kearney Within transportation, trucking-related spend (including private fleets but excluding parcel) comprised 59.7% CSCMP members can download a copy for no charge, and others can purchase one for a modest fee. I recommend it.

Logistics Network Optimization Software 41

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Logistics 41

Supply Chain Digest

JUNE 10, 2025

The trade war is likely to extend the for-hire freight recession further as higher prices reduce goods affordability and consumers’ real incomes.” ( See More Below) CATEGORY SPONSOR: SOFTEON Each month, Cass nicely summarizes the state of freight, as seen in the graphic below for May: Source: Cass An y reaction to thi s Cass report?

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Freight Logistics Network Optimization Software 41

Supply Chain Digest

JUNE 17, 2025

That also led Klappich to recently define a new category of software, which Gartner calls a Multiagent Orchestration Platform (MAOP) for managing mobile robots in warehousing and manufacturing. ( lost net about 200,000 manufacturing jobs per year to offshoring. The manufacturing sector is soon going to follow.

Gartner 41

Gartner Supply Chain Design Software Supply Chain Planning Software Forecasting Software 41

Supply Chain Digest

JUNE 6, 2025

lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. Where is the metric for determining the sources and uses of cash from three perspectives - operational, investment and financial? locations to be in close proximity to the U.S.

Supply Chain Design Software 32

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 32

Supply Chain Digest

JUNE 19, 2025

Source: State of Logstics Report 2025 May you live in interesting times, as the Chinese saying goes. lost net about 200,000 manufacturing jobs per year to offshoring. In order to help companies decide objectively to reshore manufacturing back to the U.S. The manufacturing sector is soon going to follow.

Supply Chain Design Software 41

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 41