Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Game Changer

JUNE 11, 2019

What is Supply Chain Management (SCM)? “Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. Subscribe Here!

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. The Cash Cycle is a function of the days of Accounts Receivable, Accounts Payable, Inventory and Capital Expenditures. The Supply Chain function within your company has many responsibilities.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

SCMDOJO

JULY 13, 2022

Supply Chain Job Boards are aplenty, but how do we classify the ones worth our time as SCM Professionals? National Association of Educational Procurement. National Association of Educational Procurement. NAEP maintains its status as the leading association dedicated to procurement professionals in higher education.

Supply Chain Design Software 112

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 112

QAD

JULY 8, 2021

Poor inventory management and lack of full inventory visibility, including inventory held by next tier suppliers. When the supply chain guesses incorrectly at any level, parts shortages will inevitably lead to costly premium freight and potential production disruptions up the supply chain. via terms and conditions)?

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

Procurement Academy

AUGUST 10, 2021

The Elastic Logistics approach has become an appropriate response recently when Supply Chain Management (SCM) found the challenges of persistently tracking an enormous variety of items and suppliers and the need to fulfill ever-growing client’s personalized demands and expectations. What is elastic logistics?

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software Supply Chain Software 64

Supply Chain Movement

APRIL 26, 2016

12 | SCM IT Subway Map 2016. These are the key developments that are visualised on the 2016 version of Supply Chain Movement’s SCM IT subway Map. 29 | Checklist Freight Spend Management. There are numerous ways a shipper can reduce freight spend. Publishing date: 6 May 2016. 6 | News & Background.

Supply and Demand 60

Supply and Demand S&OP Supply Chain Planning Software Supply Chain Software 60

6 River Systems

JULY 9, 2019

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Supply chain optimization isn’t a simple undertaking, but effective SCM offers numerous benefits that improve the bottom line.

Optimal Sourcing 40

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 40

Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Companies will always need people who can build relationships with vendors when conducting large-scale Procurement. Email Address. Check out Disaster Strikes!!!

Supply Chain Software 86

Supply Chain Software Supply Chain Design Software Negotiating Skills Purchasing Skills 86

Enterra Insights

NOVEMBER 29, 2018

Billal Chouli explains, “A supply chain is a network of suppliers, manufacturers, and retailers, as well as intermediaries including freight companies, warehousing companies, and brokers, who transfer goods, services, money, and information amongst one another. The importance of supply chain management.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 100

Supply Chain Game Changer

NOVEMBER 18, 2018

Blog post originally published by, and permission to publish here provided by, Argentus a boutique recruitment firm focused on Supply Chain and Procurement. According to a recent report in Procurement trade publication Spend Matters , these are some of the most booming categories in the burgeoning industry. Subscribe Here! in the U.S.,

Negotiating Skills 56

Negotiating Skills Purchasing Skills Pharmaceutical Agile and Lean Supply Chain 56

ShipBob

AUGUST 24, 2023

Moreover, there may be raw material shortages that will then result in supply chain bottlenecks as businesses are unable to procure inventory to keep up with demand. That means companies will need to appropriately adjust their production and procurement so as to avoid excess stock and piling up surplus inventory.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Procurement Experiences, Trends and the Future! In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. The post Supply Chain Predictions!

Predictive Analytics 45

Predictive Analytics Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 45

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Certified in Production and Inventory Management (CPIM) : The course covers ground such as knowledge of production and inventory management, internal operations, and customer relations.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Game Changer

DECEMBER 4, 2018

A data entry error somewhere along the way overstates your inventory on a part which you find out when you go to get the part on a warehouse shelf and its not there. supplychainmanagement #logistics #freight #procurement #purchasing #SCM. © Copyright Mortson Enterprises Inc, 2018. All Rights Reserved.

Supply Chain Planning 50

Supply Chain Planning Supply Chain Procurement Solutions Scenario Planning 50

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers. These are three examples: Rule 3.1:

Waste Reduction 274

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

Supply Chain Game Changer

NOVEMBER 9, 2018

Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. In the area of Inventory Management they also did a lot of benchmarking and highlighted deficiencies in our processes. SCM #SupplyChain #leadership #logistics #procurement.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

Supply Chain Game Changer

NOVEMBER 12, 2018

The procurement of materials and goods and services, and the timing of this procurement, payment terms with suppliers, and the buildup and disposition of inventory all dramatically impact the amount of cash that a company has and uses. Procurement #SCM #SupplyChain #HumanResources #Business #Leadership.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 43

Supply Chain Game Changer

NOVEMBER 21, 2018

By the 1960s, a clear trend had developed in shifting more time-dependent freight transportation to truck rather than rail. This led to the need for joint consideration of warehousing, material handling, and freight transportation, which emerged under the label of “Physical Distribution.”.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 93

Oracle SCM

SEPTEMBER 12, 2019

How are firms responding to the pace of technology innovation and its impact on their SCM processes? Today’s supply chain really touches every aspect of running a business—from strategic planning , to logistics and inventory , to sales and store operations.

Supply Chain Planning Software 80

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 80

Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Freight Resource Reduction 52

Supply Chain Game Changer

SEPTEMBER 17, 2019

How are firms responding to the pace of technology innovation and its impact on their SCM processes? Today’s supply chain really touches every aspect of running a business—from strategic planning , to logistics and inventory , to sales and store operations. © Copyright Mortson Enterprises Inc.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 59

Supply Chain Game Changer

NOVEMBER 7, 2018

For excess inventory that was not needed for initial replenishment and product availability we would keep goods in trailers in the parking lot. Omnichannel #Retail #SupplyChain #SCM #ECommerce #Distribution #Logistics. Selected as one of the Top 75 Supply Chain Blogs, and one of the Top 25 Procurement Blogs, on the Internet.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Planning Scenario Planning Warehousing 55

DELMIA Quintiq

OCTOBER 23, 2015

Adrian Gonzalez, founder of Adelante SCM sheds some light in his blog Talking Logistics : “There is no incentive for 3PLs to be innovative and creative if your objective is to beat them down on cost, shift all the risk to them, and then put the business out to bid again in 1-3 years. Adhering to strict rules and regulations.

3PL 120

3PL Innovation Logistics Network Optimization Software Inventory Management Software 120

Infosys Supply Chain Management

JANUARY 11, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. It is the best practice to be followed since it reduces inventory, saves space and energy. Less use of air freight, increased use of rail and sea transport. IT toolbox: SCM community. Procurement Blog.

Agile and Lean Supply Chain 37

Agile and Lean Supply Chain Supply Chain Design Software Material Savings Manufacturing Procurement 37

The Logistics & Supply Chain Management Society

JUNE 10, 2021

My projects in Malaysia, Philippines, China, Indonesia and eventually Vietnam, ranged from customer service and order fulfillment, shop-floor planning, inventory management, import/export and procurement. The level of true SCM professionals that can build platforms for successful are few and far between.

Sourcing Strategies 162

Sourcing Strategies Manufacturing Procurement Material Savings Negotiating Skills 162

Oracle SCM

OCTOBER 11, 2016

The acronym SCM stands for supply chain management. It refers to the systems, processes and software packages used by organizations to manage day-to-day operating activities such as, new product development , demand, supply and sales & operations planning , procurement , logistics , order management , manufacturing and asset maintenance.

SCM 60

SCM Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 60

Enterra Insights

JUNE 17, 2020

Supply chain management (SCM) sounds like a straight-forward topic; nevertheless, numerous articles have been written on the subject explaining what it is and what it isn’t. Sara White, a Marketing Coordinator at SupplyPike, observes, “SCM performance directly impacts an organization’s general performance. ”[3]. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Sourcing Strategies Supply Chain Software Supply Chain Strategy 130

Infosys Supply Chain Management

NOVEMBER 28, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Brick and mortar retailers will have to balance total inventories among in-store and regional distribution center stocking plans, figuring out what channels are drawing the most consumer activity. Procurement Blog.

Agile and Lean Supply Chain 28

Agile and Lean Supply Chain Pharmaceutical Supply Chain Planning Software Supply Chain Planning 28

Supply Chain Game Changer

JANUARY 29, 2019

What Exactly Is Procurement? The term was coined over 35 years ago but still to this day there are a large number of different definitions of SCM. To someone who is starting out their career, or who is new to the field of Supply Chain, it is understandable that there may be confusion as to the definition of SCM. Subscribe Here!

SCM 50

SCM Video Supply Chain Software Supply Chain 50

Supply Chain Game Changer

NOVEMBER 11, 2018

ERP systems, Financial and Planning Systems, Order Management activities, Supplier Management Systems, Inventory Controls, and Distribution activities all have as their user interface a screen of some kind. SCM #SupplyChain #Technology #IoT #HumanResources #Business #Supply. Largely gone are the days of paper. All Rights Reserved.

Supply Chain Planning Software 42

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Manufacturing Procurement 42

Supply Chain Game Changer

NOVEMBER 8, 2018

Bottlenecks govern both throughput and inventory.” ~ Eliyahu M. Quotes #Leadership #SupplyChain #supplychainmanagement #scm. ” ~ Taiichi Ohno. “I I say an hour lost at a bottleneck is an hour out of the entire system. I say an hour saved at a non-bottleneck is worthless. Goldratt, The Goal. Quality is free.

Supply Chain Planning Software 51

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 51

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Matías Guarello Wilhelmy Location: Chile / Remote Rating: 5/5.0 Matias has worked on multiple projects for clients that you can access on his SCMDOJO Expert Profile.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Game Changer

NOVEMBER 25, 2018

Inventory Turns 3. (10%). Return on Assets (ROA) and Inventory turns are also a part of the scoring process. There is no question that the Supply Chain of any business usually has a significant impact on ROA and certainly on Inventory turns. Further an Inventory turn of 1.0 combined with an Inventory turn of 1.2

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

MIT Supply Chain

JANUARY 11, 2021

Chris Caplice, Executive Director, MIT CTL, Founder & Co-Director, MIT FreightLab Develop and pilot a more dynamic truckload transportation procurement and management process. Better understand how disruptions impact the freight transportation market and how they can be minimized.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Modeling 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Fallacy 4: Improved forecasting will always lead to lower inventory levels. He wants to challenge the assumption that better demand forecasts will always lead to lower inventory levels. Lots of things are happening in Supply Chain Management!

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Supply Chain Software 49

Supply Chain Game Changer

NOVEMBER 23, 2018

Check out What Exactly Is Procurement? A well constructed Procurement Strategy will raise the value of the Supply Chain to your company. “Commodity Management” may also be referred to as Category Management, Strategic Procurement or Merchant Management for instance. Subscribe Here! Email Address.

Material Savings 61

Material Savings Cost Reduction Strategies Sourcing Strategies Inventory Reduction 61