Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Predictive Analytics Software 311

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 311

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. Each concept is flawed adding to, not reducing, cost and waste.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

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

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

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. She reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[2] 1] Journalist Suzanne Kapner believes the problem is even worse.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

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

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. Companies need to carefully manage the asset and mitigate the waste. A heated debate ensued.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

The Logistics of Logistics

JANUARY 19, 2024

This means faster deliveries, lower costs, and less wasted space for everyone involved. Eliminating Inefficiencies: Onward’s data-driven platform tackles the inefficiencies of traditional big and bulky delivery. This eliminates the need for maintaining their own delivery fleet, reducing costs and improving overall agility.

Logistics Network Optimization Software 164

Logistics Network Optimization Software Supply Chain Network Software Waste Reduction Cost Reduction Strategies 164

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 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

BlueYonder

JANUARY 12, 2023

With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. For many retailers, the first thought to reduce unsold items is to simply buy better. However, this is not a complete strategy. Forecasting ideal buy quantities is near-impossible.

Inventory Reduction 76

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 76

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 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

Supply Chain Shaman

OCTOBER 4, 2018

In most value networks, downstream partners have progressively pushed costs and waste backwards in the extended supply chain. I wanted to say, “You let the consultants influence you to buy the wrong technologies based on IT standardization. Gaps in Inventory Strategies. Most planning happens in Excel Spreadsheets.

Inventory Management Software 262

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

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. This is not only a waste of company time that can be better spent on other tasks – it can also be soul-crushing for those involved. Repetitive and Monotonous Tasks.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). By implementing VBP, hospitals can improve the value of healthcare services, reduce costs, and reward the best-performing care providers. Even though fee-for-service remains the dominant healthcare payment model in the U.S.,

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

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

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

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. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2 trillion by 2025.

Logistics Network Optimization Software 130

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

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. The impact varies by supply chain sector and value chain. What to do? Prepare for a slog.

Supply Chain Design Software 251

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

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

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

QAD

MARCH 14, 2024

In this episode, we seek to do just that by taking a deep dive into risk management strategies, exploring how CEOs and cross-functional collaboration are the linchpins in creating resilient supply chains. But the basic premise of everyone who’s trying to get leaner is the elimination of waste.” We want you as a partner.

Agile and Lean Supply Chain 80

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 80

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month. But, it can be overdone.

Waste Reduction 274

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

Supply Chain Matters

APRIL 28, 2023

Supply Chain Matters provides the second in a multi-part series addressing the renewed importance of production planning and operational excellence in this very uncertain and constantly changing business environment. Efficiency efforts are geared toward eliminating waste and now more than ever, that has to include a sustainability context.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Eliminating Excel in Purchasing Supply Chain Planning 52

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

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. Instead, supply chain leaders need to focus on the minimization of waste, and the alignment of signals.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

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 72

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 72

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 enables demand sensing which generates short-term and mid-term forecasts based on the current realities of the supply chain, reducing errors in forecasting and subsequent upstream challenges. 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

Supply Chain Game Changer

MAY 11, 2022

How to Create a Digital Marketing Strategy for a Logistics Company! Well, it is because your competitors are already incorporating digital marketing into their strategies. When procuring materials and handling the logistic, you probably haven’t had the time to update your marketing strategy and let it slip through the cracks.

Manufacturing Procurement 96

Manufacturing Procurement Waste Reduction Manufacturing Resource Reduction 96

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. Artificial intelligence (AI) is changing the game for online businesses.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

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. Reduced costs. You’ll reduce your overall operating costs and minimize purchasing expenses in one fell swoop.

Supply Chain Software 99

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

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

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

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 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Enterra Insights

MARCH 9, 2021

Business and tech writer Louis Columbus ( @LouisColumbus ) asserts this is the wrong strategy. He writes, “To achieve lasting success with any digital transformation strategy, manufacturers must put employees first then selectively focus on technologies that enable every member of their team to excel and stay connected.”

Supply Chain Planning Software 130

Supply Chain Planning Software Industrial Industry Supply Chain Design Software 130

Supply Chain Shaman

OCTOBER 29, 2020

Instead, the focus is on reducing the costs of finance by eliminating labor costs through Business Process Reengineering (BPOS) and elongating payables. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. Want to talk about waste?

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229