Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.?

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Productivity will also take a hit, as your processes will not be optimally streamlined.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. It is a key part of your company’s supply chain. Strategically approaching the procure to pay process can see your company reap the rewards. Negotiating. Creating POs.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 92

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). About the Supply Chains to Admire Methodology.

Supply Chain Software 30

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

Precoro

MAY 27, 2021

It can either make you a company's superhero or add extra headaches and purchasing risks because poor supplier management leads to the following problems: Missed saving opportunities and not enough leverage in negotiating with new suppliers. Anticipate and react to market volatility and price changes.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. New Supply Chain Leader of a Regional Children’s Hospital. “We Supply Chain Leader of a Large Hospital. “We

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

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). About the Supply Chains to Admire Methodology.

Supply Chain Software 34

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

4WL Consulting

MARCH 17, 2016

Working with a managed transportation services provider (3PL) is an excellent way for shippers to improve their logistics operation and reduce costs. Any company outsourcing clearly expects the solution to be more cost effective than doing the work in-house. Service is every bit as important as cost. What’s the ROI?

3PL 100

3PL Negotiating Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 100

SCMDOJO

DECEMBER 11, 2023

These reports serve as navigational tools, offering insights into different facets of the procurement process. 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 View from the Field

JANUARY 14, 2015

As organizations seek to drive supply chain integration across global business units and markets, billions of dollars have been invested in massive systems known as. Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al.,

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

Provenance

OCTOBER 1, 2018

This role is well suited to someone with 3-5 years Marketing experience, but your communication skills must be second-to-none. Provenance empowers brands to increase trust, using revolutionary technologies for greater supply chain transparency. Ensure accurate reporting of key daily metrics to optimise outreach.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Supply Chain Network Software Negotiating Skills 40

Supply Chain Management and Analytics

JANUARY 9, 2021

Customer Success is a marketing strategy that was developed for SaaS (Software as a Service) companies to keep their customers longer and generate more income. Delivering success throughout the entire sales journey and post-sale is not exclusive to the technology market. What is Customer Success.

Purchasing Training 52

Purchasing Training Expense Reduction Material Savings Resource Reduction 52

Supply Chain Game Changer

NOVEMBER 17, 2018

All you need is a small monetary investment to get started and the knowledge of how to run a successful listing. You can also use tools like the MerchantWord’s keyword researcher to find items that are being searched for frequently online. You may need to negotiate with a supplier to get the costs down.

Negotiate Pricing 43

Negotiate Pricing Negotiating Skills Purchasing Skills How To 43

Supply Chain Game Changer

NOVEMBER 15, 2018

In another company I joined there was general knowledge as to what Lean was. Yet it was generally viewed as something to be deployed in Operations or Supply Chain. Executive Buy-In and Ongoing Support. First of all if you don’t have Executive Buy-In you are dead in the water. Landmines and Hurdles.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Lean Purchasing Training Negotiating Skills 43

ShipBob

MAY 7, 2021

Optimizing the space to minimize costs, manage inventory, and fulfill orders efficiently . Purchasing forklifts, conveyors, and other equipment . Paying taxes, utilities, office supplies, internet, and other administrative expenses. Implementing technology to automate inventory tracking, fulfillment, and shipping.

Supply Chain Design Software 52

Supply Chain Design Software Warehousing Supply Chain Design Inventory Reduction 52

ShipBob

NOVEMBER 15, 2021

By taking the time to plan your supply chain , think through the details of logistical processes, evaluate resources, and budget your costs, you make more of the “unknown” quantities in your logistics known — and with fewer unknowns, you can both optimize your business operations and strengthen them against future crises.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Game Changer

JANUARY 9, 2019

The Negotiation Before the Negotiation! Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Check out this list of 25 Procurement and Purchasing questions and answers. You have easy access to price data points for comparison.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Unleashed

FEBRUARY 9, 2023

But navigating this enormous and multi-faceted marketplace can be challenging, especially without prior knowledge or experience. Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

Unleashed

DECEMBER 6, 2021

For any wholesale business, software has become critical to survival. Competition is now so fierce – and national and international supply chains so changeable – that wholesalers need systems that are fast and reliable to keep up. So what should you keep an eye out for when you’re shopping around for wholesaling software?

Inventory Management Software 98

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

Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

Kinaxis

SEPTEMBER 16, 2014

by CJ Wehlage The Supply Chain Insights annual conference was held on September 10-11, 2014 at the Phoenician in Scottsdale, Arizona. Great memories here, as so much has changed in the supply chain research world these past 5+ years. All ex-AMR analysts on the stage, talking about the ‘Top 15 Supply Chains we Admire’.

Supply Chain Planning Software 279

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

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

HICX Solutions

SEPTEMBER 20, 2022

However, if the power levels change at some point, such as during scarce supply periods, it is time for buying organizations to be prepared and try to improve collaboration with their suppliers. This is now changing again, with suppliers being in favorable positions due to significant events such as COVID-19 and supply chain shortages.

Negotiating Skills 52

Negotiating Skills Buyer Training Modeling Software Optimal Sourcing 52

6 River Systems

JULY 25, 2019

Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Here’s some research on this topic.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

NC State SCRC

DECEMBER 28, 2015

If there’s anything we’ve learned in the last year, it’s that prediction is not only much more complicated than it looks, and that the volatility and uncertainty that exists in the global supply chain operating environment is making life a whole lot LESS unpredictable.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

3rdwave

JANUARY 23, 2019

In a business context, it goes further – Digitization is the automation of processes based on digital information formats. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. What is Digitization? It is the replication of the real (physical) world in a digital format.

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 86

3rdwave

JANUARY 23, 2019

In a business context, it goes further – Digitization is the automation of processes based on digital information formats. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. What is Digitization? It is the replication of the real (physical) world in a digital format.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 40

NC State SCRC

OCTOBER 12, 2016

He started in supply planning, overseeing over $100M of spend in batteries and other categories. He then went into global imports for the central purchasing group in Raleigh. Marsh did not have centralized approach to supply chain management. Stuart discussed the need for a supply chain Swiss Army knife skill set.

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. By 2032, the supply chain analytics market is expected to reach USD 38.78

Prescriptive Analytics Software 52

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

Supply Chain Shaman

SEPTEMBER 13, 2021

When the repair estimate was 5X the cost of the car, I wrote the dealer a check and drove off in a 2019 Lincoln Nautilus with 4,200 miles. I believe that it is an analogy for what is happening in today’s supply chain market. Plan for the supply chain trifecta. Why do I tell you this story? Let me explain.

Supply Chain Planning Software 195

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