Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. The inadequacies of MRP is the genesis of the lean process of Plan for Every Part (PFEP). PFEP optimizes the policies that define how to procure each part. Cross Site Analytics. Organizations reward the urgent.

Optimal Sourcing 191

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 191

Supply Chain Shaman

JUNE 29, 2014

With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. Most companies are still struggling with “what good looks like” and “what defines supply chain excellence.”

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

SCMDOJO

DECEMBER 5, 2024

Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. The 7 Stages of the Inventory Life Cycle Procurement Acquiring necessary goods and materials before starting a business is essential. This step involves donation and charity programs.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 142

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 142

Silvon Software

APRIL 16, 2025

Striking the perfect balance between available stock and cost efficiency is key. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. It supports smarter buying by showing which categories or products deliver the best ROI.

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

Supply Chain Shaman

FEBRUARY 18, 2013

This data will be combined with the financial ratio data and published in an Open Content Research report in April on the Supply Chain Insights Community. Current State: Costs are rising. They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams.

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. Driving Sustainable Growth Through Supply Chain Resilience.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Opz

NOVEMBER 9, 2014

That said, implementing Lean concepts would undoubtedly be part of that strategy, for example, - Lean Warehousing : Many firms (both retailers and manufacturers) are now aggressively rolling out Lean in their warehouse operations. Keep it Simple : It’s important to not over complicate things.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 323

Supply Chain Game Changer

JUNE 8, 2025

Also, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. Despite all the efforts, what’s stopping your retail and e-commerce businesses from providing excellent delivery experiences to your customers? Today, customers are leaning more and more towards sustainable deliveries.

Supply Chain Planning Software 85

Supply Chain Planning Software Predictive Analytics Software Optimization Software Cost Reduction Strategies 85

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

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

IQMS

MAY 15, 2024

DELMIAWorks , for example, offers an integrated ERP and manufacturing execution system (MES) solution that has enabled Standby Screw Machine Products in Ohio and Innovation Packaging in France to compete, grow and profit by gaining operational excellence. For midsize manufacturers, the adoption of lean principles can be transformative.

Resource Reduction 52

Resource Reduction Waste Reduction Inventory Reduction Manufacturing Procurement 52

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

ThroughPut

JUNE 2, 2025

This lack of transparency hampers accurate demand forecasting, procurement efficiency, and inventory optimization. Duplicate records, free-text entries, and missing information plague MRO master data, undermining automation and analytics initiatives.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Vendor Strategies 52

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. These efforts are not enough.

Inventory Reduction 150

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

Kinaxis

MARCH 6, 2018

Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey. Planning in silos, node by node : Finished-goods distribution planning, manufacturing planning and purchase planning were all happening in silos, further adding to the company’s woes.

Agile and Lean Supply Chain 153

Agile and Lean Supply Chain Supply Chain Planning Software Analytics Software Predictive Analytics Software 153

GlobalTranz

DECEMBER 18, 2015

No Purchase Orders were used. There was no inventory carrying costs or concern for inventory turns. However, one thing that should come to mind is the prowess of the retail giant's supply chain excellence. Lean Inventory: Using Lean Initiatives To Manage Inventory. We only paid for fasteners as we used them.

Agile and Lean Supply Chain 120

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

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

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

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Optimal Sourcing Supply Chain Planning Software 100

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. Building New Structures Using New Building Blocks. Bio-engineering? Customization?

Supply Chain Design Software 150

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

Enterra Insights

NOVEMBER 4, 2019

Analysts at Gartner predict circular economies will replace today’s wasteful linear economies over the next decade or so. There are a number of excellent reasons circular economies are desirable, including less waste and better use of limited resources. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100

SCMDOJO

APRIL 11, 2025

During the 2008 recession, Walmart strengthened its supply chain by investing in predictive analytics and real-time demand forecasting. Excessive inventory ties up precious cash flow and inflates storage costs, while insufficient stock risks lost sales opportunities. An excellent example of optimizing inventory is Zara.

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Reduction Waste Reduction Supply Chain Design Software 69

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

Many operations turned to lean manufacturing to take any inventory out of their pipelines that could put their supply chain on the line. The Australia Institute Centre for Future Work Report revealed that the country ranks last among all OECD developed countries for manufacturing self-sufficiency.

Manufacturing Procurement 105

Manufacturing Procurement Manufacturing Supply Chain Planning Software Sourcing Strategies 105

SCMDOJO

JUNE 28, 2024

The supply chain field offers a wealth of opportunities for women, making it an excellent career choice for many reasons: 1. The demand for strategic thinking and problem-solving skills creates a path for women to excel. This can be engaging and fulfilling for those who enjoy using their analytical and strategic thinking skills.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

Zipline Logistics

MARCH 4, 2025

If you recently scored a purchased order (PO) from Walmart, congratulations! On February 1 st , 2024, these requirements changed to 90% for on-time and 95% for in-full metric s. The consequences of not meeting OTIF standards go beyond fumbled revenue for not having product on the shelf. You must be super excited.

Shipping 52

Shipping Cost Reduction Strategies Expense Reduction Purchasing Skills 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Organizations can create subscription-based analytics products and with the data collected from IoT devices monitor and use trends, patterns, and insights about their usage. This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. Share data for partnership and growth.

Manufacturing Procurement 105

Manufacturing Procurement Analytics Software Predictive Analytics Software Manufacturing 105

Supply Chain Game Changer

AUGUST 26, 2021

Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. PO Placement ?

Supply Chain Visibility 105

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 105

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 98

Kinaxis

MARCH 6, 2018

Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey. Planning in silos, node by node : Finished-goods distribution planning, manufacturing planning and purchase planning were all happening in silos, further adding to the company’s woes.

Supply Chain Planning Software 111

Supply Chain Planning Software Agile and Lean Supply Chain Analytics Software Predictive Analytics Software 111

GlobalTranz

JUNE 18, 2015

So, many suppliers utilize outside logistics management to ensure customers remain fully satisfied and continue to repeat purchasing. Companies that integrate reverse logistics systems into their logistics systems distinguish themselves from competitors in: effective management of inventory availability and cost. customer satisfaction.

Reverse Logistics 120

Reverse Logistics Optimization Software Demand Planning Software Transportation Management 120

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. To drive centralized buying I had to dive down into the Bill of Materials and do a cross-tab.

Supply Chain Software 58

Supply Chain Software Optimal Sourcing Manufacturing Procurement Agile and Lean Supply Chain 58