The Logistics & Supply Chain Management Society

APRIL 19, 2023

The result of this cocktail is an unfortunate reduction in global agri-food production, export, and rapidly increasing agri-food commodity prices. Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Supply Chain Shaman

OCTOBER 16, 2023

Clear operating strategy and definition of supply chain excellence across plan, source, make and deliver. Most companies buy decision support technology, but do not redefine work to improve decisions. Great S&OP processes recognize waste quickly and drive resolution. I write this post as a guide. Drives Value.

S&OP 334

S&OP Supply and Demand Forecasting Supply Chain Design Software 334

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. What are the strategies that helped the best survive?

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. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel!

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Low-Quality Documentation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

ivalua

OCTOBER 13, 2022

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. To reach net zero emissions from homes, transport, agriculture and industry will need to be cut. There are 15 defined Scope 3 categories : Purchased goods and services.

Purchasing Skills 130

Purchasing Skills Supply Chain Planning Software Price Reduction Waste Reduction 130

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. A quick and practical way to go about it is to leverage cutting-edge technology solutions that bring about efficiency at scale. Aside from route planning and optimisation, some other avenues worth exploring include: Sustainable Sourcing of Goods.

Logistics Network Optimization Software 130

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

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? 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

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. John Williamson, an Account Leader at ddm marketing + communications, suggests consumer packaged goods manufacturers should start this effort by looking at their brand strategy.[1] Can I customize?

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

ThroughPut

MARCH 28, 2024

Whether it is optimizing supply chains to reduce waste or adopting smart agriculture practices to improve yield, AI impacts efficiency, personalization and sustainability. As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! billion in 2024. billion in 2024. billion by 2029.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Logility

APRIL 26, 2022

Before implementing the Logility platform in January, Next Level Apparel used a mix of Excel spreadsheets and a legacy proprietary ERP system to manage its supply chain. We expect efficiency, without question, but also plan to gain greater effectiveness through our new digital approach to supply chain management.”. About Logility.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Inventory Management Software 130

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

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. But, it can be overdone.

Waste Reduction 274

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

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

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This can lead to delays, increased costs, and inefficient use of resources.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. Consumers helped push the added sugar label creation several years ago as well as the push for the QR and barcodes that can instantly give a consumer information about the products they buy.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

ThroughPut

MARCH 25, 2024

The benefits of demand forecasting are enhanced operational efficiency, improved supply chain resilience, reduced excess inventory, and easier identification of new market opportunities all of them lead to increased profits. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

SCMDOJO

APRIL 4, 2023

By providing visibility into every aspect of the supply chain, companies can identify bottlenecks, reduce waste, and minimize delays. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. This can help improve overall efficiency and reduce the risk of disruptions.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. When you know the value, location, and quantities of your stocked items you’re in a better position to make informed decisions around procurement and sales – ultimately resulting in reduced production costs and improved profitability.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

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. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. The gaps create waste.

Optimal Sourcing 171

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

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Now that’s where the first use case of AI in the supply chain emerges: AI for demand forecasting.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. How businesses need to think about food manufacturing software.

Manufacturing Procurement 89

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

Supply Chain Shaman

APRIL 7, 2016

As a result, costs and waste abound. 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. Start with the channel.

Supply Chain Design Software 150

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

Enterra Insights

MARCH 19, 2024

It takes real dedication to excel in the agriculture field (no pun intended). … That includes emissions related to farming and land use, producing crops and livestock, household food consumption and waste, and energy used in farm and food processing and transportation.”[5]

Food 130

Food America Optimal Sourcing Manufacturing Procurement 130

Logility

DECEMBER 29, 2020

Thanks to the power of the cloud and advanced analytics, manufacturers can put data to work, gathering information from multiple data sources and taking advantage of machine learning models and visualization platforms to uncover new ways to streamline processes from sourcing to sales. Quality Control. And the costs don’t stop there.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 130

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. The aim of a circular supply chain is to reduce landfill down to zero – or as close to it as possible. In this environment, a well-planned and streamlined reverse logistics process can reduce losses.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Supply Chain Game Changer

NOVEMBER 15, 2018

Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. And, a hypothesis is the basis for piloting and eventually adopting digital procurement as an element of an overall procurement strategy; proving a business case.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? As we have all seen in the last few years, school districts across the United States are not making budget and there have been a lot of cuts. Federal Government is stepping up cutting budget dollars for programs.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

AFFLINK

AUGUST 23, 2017

To create products that appeal to consumers, Nestlé believes in a strategy they call "Brand Building the Nestlé Way (BBNW)". As a company, Nestlé excels at interacting with real-life consumers on social media. Focusing on Responsible Sourcing. Transforming Into a Zero-Waste Company. Profiling the Consumer.

Case Study 48

Case Study Waste Reduction Sourcing Strategies Supply Chain Strategy 48

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Today, manufacturers are under constant pressure to reduce costs, increase operational efficiencies and enhance revenue margins.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

ThroughPut

APRIL 6, 2020

A detailed supply chain planning mechanism can help manufacturers with critical elements for operational success including material management, waste elimination, and working capital optimization. Today, manufacturers are under constant pressure to reduce costs, increase operational efficiencies and enhance revenue margins.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Supply Chain Planning Scenario Planning 52

Logility

DECEMBER 28, 2020

Thanks to the power of the cloud and advanced analytics, manufacturers can put data to work, gathering information from multiple data sources and taking advantage of machine learning models and visualization platforms to uncover new ways to streamline processes from sourcing to sales. Quality Control. And the costs don’t stop there.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Manufacturing Analytics Software 130

Supply Chain Shaman

JUNE 2, 2020

Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Define An Outside-in Strategy. Use new forms of open-source analytics to continually mine the market data to answer the questions in the face of uncertainty. My caution?

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 259