SCMDOJO

DECEMBER 14, 2023

But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s uncover the mystery behind the role of sourcing agencies and see how they make the job of buying things much simpler. They play a big role in making sure the whole process of buying things goes smoothly from start to finish.

Purchasing Skills 75

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 75

Supply Chain Shaman

JUNE 28, 2021

In 2004, I worked with a Midwest North American meatpacker to help define its supply chain strategy. The group needed a clear market signal on consumption patterns and the translation of demand with minimal latency to optimize price, mix, and schedule the factory to manage margin. What do I mean?

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 241

Herlitz Inventory Management

MARCH 24, 2022

If ever there was a time to take advantage of forward buying, this is it! Knowing that forward buying is important is only step one. To do so effectively, you need to first understand how much extra to buy. How Much Extra Inventory Should You Buy? Now imagine you bought 90 days of inventory before a 9% price increase.

Pricing Training 52

Pricing Training Eliminating Excel in Purchasing Purchasing Training Vendor Strategies 52

ToolsGroup

DECEMBER 11, 2023

Why understanding the principles of price elasticity is especially critical post-pandemic This year, many companies have recognized the apparent limitations in the traditional ways we do business. Supply chains collapsed, demand became unpredictable, and enterprises worldwide are struggling. It’s a vicious cycle.”

Price Reduction 156

Price Reduction Pricing Training Modeling Inventory Reduction 156

Precoro

OCTOBER 24, 2022

Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Purchase requisitions and orders, receipts, invoices, and other documents must each contain specific information, often legally binding. Automation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. During the pandemic, the supply chain discussions take new importance. While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. The supply chain career is new. Reflection.

Supply Chain Design Software 317

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 317

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, Predictive AI has been used in numerous unique applications outside the supply chain.

Predictive Analytics Software 90

Predictive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 90

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Supply Chain Shaman

FEBRUARY 16, 2024

We have this today in most supply chain planning solutions. The problem with supply chain planning is that it is, by definition, not repetitive work. Many supply chain leaders are action-oriented and want to drive action. The supply chain benefits through the use of market data at the speed of markets.

Supply Chain Planning Software 398

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 398

ToolsGroup

SEPTEMBER 22, 2021

I’ve worked in enterprise supply chain technology for more than 20 years, and, especially in the earlier years, collaborated in teams where I was the only female in the room. The truth is women have long been underrepresented in supply chain leadership. Q&A with three inspiring women in supply chain.

Supply Chain Planning Software 177

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

Supply Chain Shaman

MARCH 9, 2020

As I shopped at Best Buy for office supplies, I struggled to not think about the massive disruption of electronics supply chain. The Sam’s Club and Costco shortages of water, toilet paper and laundry products signals one thing for me: the spread of the virus will disrupt every supply chain. The problem?

Supply Chain Design Software 320

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 320

Supply Chain View from the Field

JULY 22, 2015

I had the opportunity to engage in a negotiation seminar with a large insurance company last week, and had the team work on a software contract role play. In the scenario, there was both a buyer and supplier, and there were multiple facets to consider in the negotiation. IP is always one of the most difficult issues to negotiate.

Pricing Training 60

Pricing Training Purchasing Training Negotiate Pricing Negotiating Skills 60

Logistics Bureau

APRIL 25, 2022

What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? Is it enough to have a business-related degree and a little supply chain experience, or is supply chain leadership a vocation for which you must work hard to acquire specific qualities?

Negotiating Skills 89

Negotiating Skills Buyer Training Supply Chain Planning Software Pricing Training 89

Supply Chain Shaman

JULY 23, 2023

” Noel is one of the 84 sign-ups in my outside-in training (five virtual classes starting next week), and I hope that he has a better understanding at the end of the class. An outside-in model requires a redefinition making today’s supply chain planning technologies legacy investments.

Supply Chain Planning Software 347

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 347

Logility

SEPTEMBER 1, 2023

Smart Data Analysis: AI algorithms excel at handling large amounts of data , such as sales history, market trends, and customer behavior. Automated Learning: Machine learning algorithms automate the training process, reducing the need for manual intervention.

Forecasting 174

Forecasting Forecasting Software Demand Planning Software Modeling 174

ivalua

OCTOBER 13, 2022

Further, if the truth be known I suspect many others in procurement and supply chain are feeling the same, but maybe that’s not true. This is not a “side of the desk” or part time role, nor within the skill set or training for the vast majority of purchasing and supply chain managers. Capital goods.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Pricing Training 130

Supply Chain Shaman

SEPTEMBER 13, 2021

I rode across a train track and cracked the frame of the car. I believe that it is an analogy for what is happening in today’s supply chain market. Historically, most supply chain investments were for engines–bright guys built fabulous optimization code and plonked the software onto a relational database.

Supply Chain Planning Software 195

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

Supply Chain Shaman

OCTOBER 4, 2018

The cheese on the puffs stains my hands like I feel that mis-guided past practices have indelibly colored supply chain practices. In most value networks, downstream partners have progressively pushed costs and waste backwards in the extended supply chain. Supply chain planning is all about better math and modeling.

Inventory Management Software 277

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 277

Supply Chain Shaman

DECEMBER 11, 2018

Supply chain innovation is slowly simmering in the face of radical disruption. The supply chain visionary wants novel and new. As a result, supply chain leaders continuously ask me to unravel market confusion. As a result, supply chain leaders continuously ask me to unravel market confusion.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 202

GlobalTranz

AUGUST 10, 2016

Today, Kelly shares the top 14 Logistics and Supply Chain Management training programs and courses available in 2016. 1) Logistics and supply chain management faculty at Florida International University. 1) Logistics and supply chain management faculty at Florida International University.

Supply Chain Design Software 120

Supply Chain Design Software Course Supply Chain Planning Software Price Mitigation Strategies 120

Logistics Viewpoints

MARCH 1, 2021

The Introduction of Smokeless Tobacco Products Complicated Philip Morris’s Supply Chain. This was done at a stock keeping unit level and for the entire manufacturing supply chain. At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets.

Modeling 179

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 179

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

MARCH 16, 2021

Is this true for the supply chain industry? What seems to be clear by now is that the COVID-19 pandemic has laid bare the vulnerabilities and risks of today’s global supply chain networks. This is also true for states and research institutes through advanced supply chain design and management expertise and capabilities.

Supply Chain Design Software 257

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 257

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

Waste Reduction 274

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

Supply Chain Shaman

NOVEMBER 6, 2016

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Success in Supply Chain Planning Is a Flip of a Coin. There is no one right answer.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supply chain. Understanding the Lubricant Supply Chain. Overview of Shell.

Demand Planning Software 261

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 261

The Logistics of Logistics

MARCH 13, 2021

Mr. Crabtree is a Master Lean Six Sigma Black Belt, a Certified Supply Chain Transformation Architect and an expert in effective change management, facilitation, and communications. MetaExperts are talent operational excellence (OpEx) hands-on-deck, training, and get-it-done partners. About MetaOps and MetaExperts.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Precoro

OCTOBER 2, 2023

Now, companies can handle the pre-PO procurement processes, identify purchasing needs, order and approve purchases, receive invoices, and pay for goods all in one system. The PR should contain information about the required items and, if necessitated by company policy, justification for the purchase. a driverless car).

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Precoro

APRIL 6, 2022

In short, cloud computing allows accessing different IT resources via the Internet with pay-as-you-use pricing, rather than downloading them to your computer’s hard drive. Procurement software solutions such as Precoro help companies automate the purchasing process, get better insights, and focus on more critical tasks for their business.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

EMERGE App

APRIL 5, 2024

But there is one thing you must be sure of before choosing to set up a warehouse in another country: the warehouse price must be reasonable. Price element As a wholesale distribution and trading owner, you might think going after cheap pricing will win the market. So the advice is do not follow the cheap price unconsciously.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 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. The question is: Where to from here? What’s happening in the industry right now, and what can you expect next?

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Procurement Academy

AUGUST 31, 2021

Flexible supply chain thinking may be a solution. Below are ideas of proactive ways to practice flexible supply chain thinking: Do you think you can predict customers’ behavior? You need flexible supply chain. Education about process flexibility in supply chains.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Predictive Analytics Software 95

Supply Chain Game Changer

AUGUST 3, 2021

Subscribe to Supply Chain Game Changer. Putting a Shine on Supply Chain’s Image! Supply Chain has historically been considered a back office function, necessary but lacking in prestige and strategic value. Does that mean that the importance and value of Supply Chain is at a crossroads?

Supply Chain Strategy 119

Supply Chain Strategy Supply Chain Design Software Sourcing Strategies Supply Chain Design 119

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

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

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

Precoro

FEBRUARY 27, 2023

Spend analysis is extremely useful for companies looking to optimize their business processes because it highlights issues like unidentified, duplicate, and late payments, unnecessary department spending, supplier price discrepancies, redundancies, unfavorable contract and payment terms, and more.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52