Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

SYSPRO Smarter ERP

AUGUST 2, 2023

As members of one of the most highly regulated industries in the world, medical device manufacturers face numerous challenges. From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis Purchase of Rubikloud. Elemica Purchase by Eurazeo.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. Or a unified data model across source, make, and deliver for planning?

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

Synovos

AUGUST 21, 2023

RS Integrated Supply is committed to making safety the number one priority in everything we do,” said Brandon Coombs, Senior Vice President, Operational Excellence. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. Interested in our services?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Optimal Sourcing Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 21, 2022

So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. “ Reflection. Supply Chain Reporting Structures. Next Steps?

Supply Chain Planning Software 291

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 291

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Current State of Visibility. Your wallet has a social security or a passport number. Close this gap.

Supply Chain Planning Software 324

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 324

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The question is, “Why?”

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Logistics Viewpoints

DECEMBER 12, 2022

This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. When he speaks of the supply chain, he means procurement. Connect the Output of Supply Chain Planning Supply (planned orders) to Procurement Commodity Management.

Supply Chain Planning Software 390

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 390

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

EC Sourcing Group

JULY 28, 2020

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management? Objectives of Procurement Management: Managing Contracts.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 52

Supply Chain Shaman

FEBRUARY 7, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

Supply Chain Shaman

FEBRUARY 14, 2022

Notice how the water turns from blue to brown in Figure 3 with the lack of demand translation capabilities within the enterprise for manufacturing and logistics. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1. Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The issues are largely rooted in politics and the lack of clarity on supply chain excellence. Or planned orders to purchase orders?) Go to the source. ” Anna, this blog post is for you. Only 2% of companies are pushing forward in our Supply Chains to Admire analysis.

Supply and Demand 375

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 375

SupplyShift

NOVEMBER 12, 2021

In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. Here are some steps to simplify sustainability and set procurement teams up for success: Align Leadership and Sustainability Teams.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Sustainability 52

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson. another industry leader.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

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 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

ivalua

JUNE 29, 2020

It is also helping to bridge the supply chain management gap that has traditionally existed between healthcare providers and other industries such as manufacturing. Quite often there can be a general lack of spend and vendor management and strategic sourcing activities. The Path to Supply Chain Excellence. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Today’s supply chain—with greater outsourcing, global manufacturing, and complex bill of materials–requires synchronization of the links.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

SupplyShift

NOVEMBER 12, 2021

In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. First and foremost, you must align leadership with current sustainable procurement needs.

Procurement Solutions 40

Procurement Solutions Manufacturing Procurement Optimal Sourcing Sustainability 40

Supply Chain Game Changer

JUNE 17, 2020

Strategic National Stockpiles and Sourcing for the National Interest! The Covid19 global pandemic has cruelly exposed the utter dependence of the US and the world on China’s mass manufacturing capability and supply of critical medical equipment and materials. If any part of manufacturing is to move back to the U.S., Future U.S.-

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

Logistics Viewpoints

MAY 16, 2022

A company buys these solutions to optimize their business. Rich Sherman – a Senior Fellow in TCS’s Supply Chain Center of Excellence – points out that many companies are building control towers to better manage their supply chains. That is how enterprise and supply chain software solutions work.

Supply Chain Planning Software 211

Supply Chain Planning Software Optimal Sourcing Supply Chain Optimization Supply Chain Planning 211

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I rapidly came to the conclusion that these articles were excellent at the helicopter view of the challenges, however seemed unable to apply categorisation to the challenges. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. In essence, a lot of logistics planning boils down to finding the quickest possible route between various points of delivery before returning back to the source. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

BlueYonder

OCTOBER 6, 2023

Short-term visibility at the Purchase Order/ASN level is insufficient. Breaking Down Barriers Between Planning, Procurement and Logistics: The existence of isolated supply chains between procurement, planning, and logistics can lead to latency, reduced responsiveness, expedited processes, excess inventory, and substantial inefficiencies.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Responsible Sourcing. Responsible Sourcing.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50