Logility

JUNE 12, 2023

Supply chain sustainability is the integration of environmentally and socially responsible practices into supply chain management, aimed at reducing the environmental and social impact of the supply chain while also creating long-term value for all stakeholders.

Material Savings 130

Material Savings Waste Reduction Sustainability Resource Reduction 130

Unleashed

OCTOBER 16, 2023

Every manufacturer knows the importance of raw materials – without them, there’s no final product. Raw material inventory management oversees the procurement, handling, and storage of raw materials. In this guide: What is raw material inventory management? It is a part of the bill of materials for the finished goods.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

AUGUST 14, 2016

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It had been a long night. However, I had little time to be tired. ” I smiled.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

The Logistics of Logistics

OCTOBER 30, 2023

Over his 30+ year career in the supply chain, Richard has worked with manufacturers around the world in operations, supply chain, and lean strategy roles to develop systems that can manage complex supply chains on a global scale. Richard previously founded and led Factory Logic, Inc. acquired by SAP). The Greenscreens.ai

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

QAD

JUNE 29, 2023

Here are five key strategies for designing quality from the start, along with the tools, steps and environment needed to make it happen. Documenting that knowledge does the following: Reduces the risk of losing everything inside your subject matter experts’ heads if and when they leave your company.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

Supply Chain Shaman

OCTOBER 5, 2018

L’Oréal’s global strategy embraces globalization with a keen focus on the customer. The Company’s strategy is to acquire brands developed on a local or regional scale and then bring them to a global scale in a short period of time. Defining the Strategy of Operations 4.0. L’Oréal’s Performance Compared to the Peer Group.

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. You will reduce overhead costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

QAD

APRIL 7, 2022

Procurement, also sometimes known as purchasing, is the group responsible for acquiring components, services, and other materials to manufacture a company’s products and to keep the operation running. Purchasing is also required to buy goods at the lowest possible price, consistent with quality and delivery needs.

Manufacturing Procurement 95

Manufacturing Procurement Procurement Solutions Negotiate Pricing Purchasing Skills 95

Supply Chain Shaman

NOVEMBER 15, 2023

In the PWC survey, the focus for the supply chain leader for the next 12-18 months is cost reduction, which raises questions for me and makes me sad. Based on the Supply Chains to Admire analysis, the first question is: Why do the cost reduction strategies not translate into operating margin improvement against peer groups?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Logistics Viewpoints

JUNE 8, 2023

To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. And what are the comparative costs of building versus buying?

Modeling Software 203

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 203

Oracle SCM

JULY 12, 2017

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

SCMDOJO

MARCH 19, 2024

In essence, a structured supply chain department as described in the blog can help you deliver the right supply chain strategy and goals which helps cost reduction, improve customer service, on-time delivery, and better working capital. This avoids duplication of efforts and ensures a smooth flow of goods and services.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Precoro

NOVEMBER 7, 2022

Keep reading to find out the key differences between direct and indirect procurement, how their strategies differ, and how to control spending for both. What different products or services does the staff need to purchase in order to produce pizza? Thus, these materials would be categorized under direct procurement.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

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 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

Supply Chain Shaman

SEPTEMBER 27, 2021

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. Design an Over-Arching Strategy and Building Blocks. Build a multi-year visibility strategy. Reflection.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. The purchase of Rubikloud by Kinaxis shows just how little the Kinaxis team knows about demand management.

Supply Chain Design Software 297

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

Enterra Insights

OCTOBER 26, 2022

Whereas [some companies] embrace ‘being digital’ — this is ‘digital transformation’ at its best — it’s a total paradigm shift in the culture and operations — it’s not just about buying the latest digital tool, but about creating a new system, new cadence, new mindset.”[7]. Tech journalist Christian Rigg agrees with Wang. 10] Michael C.

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. Over time, this adds to substantial savings on costs, fuel and maintenance, and lower carbon emissions from operations. In the case of manufacturers, it means procuring raw materials that are responsibly sourced from the environment.

Logistics Network Optimization Software 130

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

Supply Chain Shaman

OCTOBER 4, 2018

I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization. While there is a lot of hype on material buffers and supply, the greatest opportunity lies in the management of demand data and treating demand not as a static set of numbers, but as a set of flows. ” Figure 3.

Inventory Management Software 262

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 262

Unleashed

OCTOBER 4, 2020

Building and maintaining a strong, consistent brand is fundamental to any marketing strategy. Your marketing strategy should focus on building brand equity because it plays a significant role in your brewery’s long-term sustainability. Beer marketing strategies in 2020. Beer marketing strategies during lockdown.

Sourcing Strategies 82

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 82

SCMDOJO

OCTOBER 27, 2023

The aim is often to secure volume discounts or advantageous terms. Risk Mitigation Negotiation: This negotiation involves discussing strategies and terms to manage and mitigate risks associated with procurement. It could be: Volume and Scale: You are on a considerable leverage if you are buying in bulk.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

BlueYonder

OCTOBER 6, 2023

Short-term visibility at the Purchase Order/ASN level is insufficient. Building strategic relationships, enhancing collaboration with logistics providers or 3PLs, and internalizing 3PL/4PL functions to gain more control over logistics operations are all strategies that contribute to supply chain resilience.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Supply Chain Shaman

FEBRUARY 1, 2024

Each concept is flawed adding to, not reducing, cost and waste. days to receive a purchase order confirmation. The average purchased order changes 3.5 As shown in FIgure 1, the fourth node is the COV of materials in planned orders/COV of purchase orders. Reduce Data Latency in Networks. The reason?

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. Sustainable food waste management therefore looks at strategies to reduce waste where it occurs, before it occurs. How can food and beverage manufacturers reduce their waste?

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. How can supply chain better align with a company’s broader strategy? In short: resilience and trust.

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Logistics Viewpoints

DECEMBER 12, 2022

This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. At Dow, Mr. Baker had Purchasing experience in raw materials, and logistics for their plastics supply chain. Because Anaplan was replacing an existing SCP, they are not currently driving any net new cost savings.

Supply Chain Planning Software 201

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

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Logility

AUGUST 24, 2023

You can then create a supply plan that stipulates which materials you should be purchasing and how you should be moving them between facilities to keep your supply chain balanced. This is where production planning software excels over enterprise resource planning (ERP) systems.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 147

Supply Chain Game Changer

SEPTEMBER 30, 2022

You may think twice about investing in an excellent racking system and choose the much cheaper option to reduce warehouse costs. It may seem reasonable to purchase a racking system in the lower price range. You must never buy a pallet racking system without first considering your entire storage needs.

Optimization Software 110

Optimization Software Warehousing Supply Chain Optimization Price Mitigation Strategies 110

Supply Chain Game Changer

OCTOBER 14, 2022

But it being a common mentality doesn’t make it a winning strategy. Therefore, if you’re an entrepreneur and aren’t sure where to take your development strategy next, look no further than this network. As such, the less time it takes goods to reach the client, the more efficient the material flow. Reduced costs.

Supply Chain Software 99

Supply Chain Software Supply Chain Optimization Material Savings Supply Chain Strategy 99

AIMMS

OCTOBER 22, 2019

The other part of my role is supporting the inventory management functions within BT Group, driving decision-making around what we buy, when we buy, and where from. We have used AIMMS to address questions on depot strategy, for instance. You have to do loads of hard work before seeing any material results.

Supply Chain Design Software 240

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software AIMMS 240

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Supply chain excellence happens when leaders manage complex non-linear flows.

Supply Chain Design Software 251

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 251

Supply Chain Shaman

JUNE 28, 2021

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. An enlightened leadership team wanted to be sure that the organization knew how to make money through bi-directional orchestration of the bill of materials. Consumers constantly change the mix preferences in purchases.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? 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. This can be achieved through reduction in prices of purchased products & services and reduction in their specific consumption.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73