GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. For example: Inventory Record Accuracy has to be 98-100% accurate daily.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Procurement Academy

NOVEMBER 4, 2022

Demand-driven material requirements planning (DDMRP), introduced just over a decade ago, is a fusion of five existing methodologies: Core MRP, Distribution Requirements Planning (DRP), Theory of Constraints (TOC), Six Sigma, and Lean.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Material Savings 52

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. The problem is usually created by holding too much static inventory. Freight Costs. Reducing supplier lead time.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

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

SCMDOJO

FEBRUARY 21, 2024

The 3PL provider typically focuses on: Cross-docking Freight forwarding Integrating operations Inventory management Package Services Transportation services Warehousing. The 4PL handles the whole process while the 3PL targets a single function. A 4PL often handles the 3PL.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Logistics Supply Chain Planning Software Agile and Lean Supply Chain 66