Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

FEBRUARY 7, 2022

With 65% of supply chain professionals members of the Millenials and Gen X generations, inflation is new. The members of the supply chain organization have never managed through a period of growth, inflation, and unprecedented supply variability. Source E2open Shipping Index). Focus on Cost. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Elementum

FEBRUARY 7, 2024

Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. These tasks range from simple data entry activities to more intricate operations like managing the supply chain.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

JUNE 3, 2013

The high-flying company had no clarity of purpose or clear governance, but the funds kept coming. The solution solved a relevant industry issue. Clear governance. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. Transora had a short history. The debates were heated.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 261

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. Some want to know: Are the benefits really worth the trouble? Is the juice worth the squeeze?

Waste Reduction 84

Waste Reduction Material Savings Resource Reduction Price Reduction 84

Unleashed

OCTOBER 6, 2021

To achieve this the customer shares information on sales and product needs with the supplier, who is then able to ensure the correct amount of inventory is supplied. VMI creates efficiencies in the supply chain as it ensures data from sales is a key part of the inventory management system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Enterra Insights

SEPTEMBER 16, 2019

They are demanding more supply chain transparency. What is supply chain transparency? Although transparency sounds like a straight-forward subject, Bateman and Bonanni note, “Less clear is how to define transparency in a supply chain context and the extent to which companies should pursue it.”

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Logility

APRIL 7, 2020

In the midst of the seeming chaos many brilliant minds have been working in overdrive to develop innovative solutions to many of obstacles that lie in our way. In a much broader context, the byproduct of this work will be lasting innovation that informs design, production and distribution excellence for years. Let’s focus on supply.

Innovation 147

Innovation Supply Chain Planning Software Supply Chain Design Software Logility 147

Logistics Viewpoints

NOVEMBER 21, 2022

On November 4 th , I interviewed Jim Andrew, the Chief Sustainability Officer at PepsiCo, about their environmental, social, and governance (ESG) program. The multinational’s goal is to achieve net zero GHG emissions across their value chain by 2040. PepsiCo’s Internal Supply Chain.

Supply Chain Design Software 189

Supply Chain Design Software Purchasing Skills North America Resource Reduction 189

Supply Chain Game Changer

NOVEMBER 28, 2018

Our organization’s products, customers, and profit, are ultimately a byproduct of the global supply chain networks that operate on a daily basis to add value through collaboration. I would like to offer four things a procurement team must know when generating collaborative innovation with suppliers. Define Goals and Values.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

OptiProERP

NOVEMBER 14, 2023

Governments, consumers, and stakeholders increasingly prioritize sustainable practices, urging manufacturers to reevaluate their operations. Gain Additional Customers In 2024, many consumers and businesses will make purchasing decisions based on a company’s commitment to sustainability.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ” They go on to report, “A recent Deloitte analysis of the top 52 U.S.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Supply Chain Shaman

OCTOBER 8, 2017

I know of few areas in supply chains discussion that raise as much dialogue or ire. ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.” Processes with high error need a design based on reasonable expectations. ” I am in the middle.

Supply and Demand 158

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 158

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address. Making The Right Choices.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

DynaSys

APRIL 14, 2021

One of the most complicated processes in any manufacturing business is the supply chain. Regardless of industry; automotive, high tech, life science, or consumer packaged goods, the supply chain (even before Covid-19) was a complicated entity. On any given day, one of the links in that chain could break.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 52

o9 Solutions

JANUARY 25, 2023

There is a big push from industry experts, regulators, consumers, and companies to move towards supply chain models based on circularity. These models aim to minimize resource use, waste, and carbon emissions and maximize reuse and recycling in the supply chain. What is the digital product passport (DPP)?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Unleashed

FEBRUARY 21, 2024

Returns management is the process which governs returned goods from customers. If you’re selling products, your customers should feel confident that they can negotiate with you in the event their purchased goods arrive damaged, incorrect, or are no longer required. In this returns management guide What is returns management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Unleashed

JUNE 15, 2023

The Cost of Goods Sold formula is: Opening Inventory + Purchases + Production Costs – Closing Inventory = Cost of Goods Sold Below, we explain what the cost of goods sold (COGS) is, why it’s important for product businesses, and how to calculate COGS using the cost of goods sold formula. What is cost of goods sold?

Purchasing Skills 52

Purchasing Skills Negotiating Skills Examples Cost Reduction Strategies 52

Talking Logistics

JUNE 22, 2015

According to the press release : The proposed standards are expected to lower CO2 emissions by approximately 1 billion metric tons, cut fuel costs by about $170 billion, and reduce oil consumption by up to 1.8 Robinson and TMC earned second place in CSCMP’s Supply Chain Innovation Award.

Vendor Strategies 100

Vendor Strategies Cost Reduction Strategies Price Reduction Procurement Analytics 100

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . or a contractual relationship.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

Elementum

FEBRUARY 7, 2024

Integration Tools: Software solutions like no-code development tools unify distinct systems, ensuring they work cohesively. By leveraging digital tools, businesses can automate mundane tasks, reduce errors, and allocate human talent to areas where strategic thinking and creativity are needed most.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Intelligent Audit

OCTOBER 12, 2022

Annually, container ships contribute approximately one billion metric tons of carbon dioxide. They include energy sources your company purchased for its use, such as electric car refueling, electricity for the building, and similar types. Shipping Emissions Statistics & The Impact Carbon Emissions from Shipping Have on the Climate.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. However, the fundamental problem remains. Demand fluctuations.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

NC State SCRC

APRIL 3, 2019

These contracts include the overall aircraft contract from the governments for military and subcontracts for commercial (civil) aircraft systems originating from public/private companies. Managing the supply chain [7]. Risk: Managing the supply chain [7]. The majority of aerospace projects are custom designed.

Aerospace 40

Aerospace Manufacturing Procurement Supply Chain Design Software Manufacturing 40

ShipBob

NOVEMBER 15, 2021

By taking the time to plan your supply chain , think through the details of logistical processes, evaluate resources, and budget your costs, you make more of the “unknown” quantities in your logistics known — and with fewer unknowns, you can both optimize your business operations and strengthen them against future crises.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

Exiger Perspectives

MARCH 30, 2023

Issues with Many SCRM Programs Supply chain management and supply chain risk management (SCRM) have become a greater priority for businesses and government organizations in the last five years, according to Gartner. What are the outcomes we’re looking to achieve?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

QAD

AUGUST 3, 2022

If you’re new in your journey toward understanding what an ERP solution could offer your business, learn more about common ERP functionality and features you can expect below. It’s critical to consider upfront what benefits of an ERP solution you’re after to achieve optimal return on investment. What is ERP?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

RFgen

APRIL 20, 2023

OVERVIEW: Overview of Mobile Inventory Solutions What Problems Does Mobile Inventory Solve? That’s why companies running Oracle are increasingly turning to mobile solutions to maximize accuracy, efficiency, and the benefits of their ERP investment. The end result is an agile, resilient supply chain operating at optimal performance.

Inventory Management Software 52

Inventory Management Software SCM Inventory Management Supply Chain Planning Software 52

Cognira

SEPTEMBER 25, 2023

By taking into account these vital components, you gain the ability to uncover the true impact of your promotions, refine campaign designs, and optimize your return on investment (ROI). The rewards include repeat purchases, new loyalty program sign-ups, and heightened profitability—all by effectively leveraging your brand’s reputation.

Price Reduction 52

Price Reduction Retail Inventory Reduction Waste Reduction 52

Logility

MARCH 24, 2021

The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. What is needed is a single, integrated planning solution that unites short-, medium-, and long-term planning under one system.

Supply Chain Planning Software 175

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 175

Unleashed

MAY 30, 2024

The regulatory environment and government policies that impose pricing limitations. Identify the value metric for your product Identifying the most valuable attribute of your product, commonly known as the value metric, will guide the scaling of your price. Identifying the right value metric is crucial.

Price Reduction 52

Price Reduction Negotiating Skills Purchasing Skills Negotiate Pricing 52

Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

Unleashed

APRIL 12, 2023

Outsmart your competition: Check out the Unleashed 2023 Supply Chain Management Guide. B2B fulfillment, also called business-to-business fulfillment, is when one business supplies inventory to another business or retailer, either to use within the business or for resale to their customers. What is B2B fulfillment?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Design Software Supply Chain Software 52

Exiger Perspectives

FEBRUARY 14, 2023

A critical part of any supply chain is an effective and efficient supply chain risk management (SCRM) program. Without executive support, the SCRM program is likely to be under-resourced in terms of the appropriate skilled SCRM personnel and the appropriate SCRM technology and data to drive a holistic solution.

Supply Chain Risk Management 52

Supply Chain Risk Management Supply Chain Design Software Risk Management Supply Chain Software 52