QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How is AI Improving Supply Chain Management? I’m never one to jump on the bandwagon with emerging technologies.

Predictive Analytics 71

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 71

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 99

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 99

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Business leaders need to know what’s on the horizon and how to prepare their organizations. We review how those trends are likely to impact Supply Chain and what leaders can do to adjust. The purchasing power of the dollar can remain relatively stable. Stalling Demand.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Inventory management Another area where digital twins can be beneficial is inventory management.

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

ThroughPut

APRIL 30, 2024

That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Strategically, it provides Chief Supply Chain Officers (CSCOs) with insights into how each decision affects the company’s finances.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

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

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. My goal was to have AMR drive process innovation as a business model.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. Was it that Kraft was not clear in its definition of supply chain excellence (which was true) or not clear on how to best use the system (which was also true)? Rise in Inventories. Old habits die hard.)

Supply Chain Planning Software 256

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 256

SCMDOJO

AUGUST 19, 2022

Increased costs. How to Manage Supply Chain Complexities. They should be tight enough to stand the test of time and flexible enough to allow the integration of innovative solutions as technology advances. A good example is using automated purchasing through purchasing software. Real-time Inventory Management.

Supply Chain Software 116

Supply Chain Software Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 116

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Logistics Viewpoints

DECEMBER 14, 2021

It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products. According to OECD, during the pandemic, brick-and-mortar retail services such as food services saw 7.7%

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. How do you know what data points are a true signal, and what’s just noise?

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. But how are they related? How do they work together? Together, consulting and ERP complement each other to improve your inventory management system.

Inventory Management Software 72

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 72

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. Read also: How to Calculate the Cost of Transport 2.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

EMERGE App

JANUARY 25, 2021

This article discusses how to calculate the in-process inventory, the costs associated with it, and exactly why you need to account for it. . What Exactly is Work In Process Inventory (WIP)? Wikipedia describes work in process inventory as a company’s partially finished goods awaiting completion and sale.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Unleashed

SEPTEMBER 17, 2022

As an accountant or advisor you’ve likely been considering whether to offer – or expand your offering – in sustainability reporting for your clients. In this report we look in to the trend for sustainability reporting, and explore the pros and cons of offering sustainability reporting in an accounting practice.

Sustainability 90

Sustainability Procurement Analytics Report Purchasing Skills 90

ShipBob

SEPTEMBER 29, 2021

From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. In this article, you will learn the ins and outs of retail logistics and tips on how to improve your logistics management process.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

ToolsGroup

APRIL 3, 2023

Many of the attendees we spoke to reported that they and their counterparts across the industry are exploring the ability to sell through a marketplace with a focus on Shopify emerging as a top partner. For instance, marketplaces are quickly becoming new channels for traditional omnichannel networks. Another gamechanger is social media.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

Logility

OCTOBER 29, 2021

They are coming to the realization that they must innovate and build resilience for whatever might come next. To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

GlobalTranz

MARCH 23, 2016

How to Breakthrough Lean Culture Plateaus. Leader standard work in order to create accountability within the team structure; Problem-solving thinking; how to align your organization so that the right problems are solved at the right level. Practices and learns how to apply Lean tools. Ask yourself, "Has the Lean team plateaued?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

ToolsGroup

JANUARY 25, 2022

In his opening keynote address, Target CEO Brian Cornell said the supply chain crisis necessitates greater data transparency and analytics to win in the short term. A session highlighting women in the retail workforce cited that around 85% of retail purchases are made by women, but men are still the clear majority of NRF attendees.

Waste Reduction 294

Waste Reduction Vendor Strategies Price Reduction Inventory Reduction 294

Unleashed

MARCH 28, 2021

We’ll define this crucial management concept and explain how you can implement and improve supplier relationship management to leverage business success. Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. What is supplier relationship management?

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Supply Chain Opz

NOVEMBER 9, 2014

That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain? ". In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers. What can you do?

Waste Reduction 274

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

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

GlobalTranz

FEBRUARY 17, 2016

Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. These are based on my 40 years working in operations at Schwinn and other companies as well as consulting many companies on how to select the best 3PL for my client's needs. First, look at inventory as MONEY/CASH.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Game Changer

NOVEMBER 29, 2018

Check out Supply Chain Innovation: The Path to Success! It is no surprise, then, that the latest technologies are the cornerstone of business innovations for the foreseeable future. Predictive Analytics. To cope with this, companies are now employing predictive analytics to get the job done. Subscribe Here!

Analytics Software 54

Analytics Software Innovation Predictive Analytics Software Demand Planning Software 54

Talking Logistics

APRIL 25, 2019

With more and more brands looking to develop their e-commerce capabilities, their needs for moving and handling inventory are shifting as well. For companies to meet the rising demand for direct-to-consumer orders, MHE offerings must become more innovative. Businesses are creating dashboards to analyze crucial fleet services data.

Material Savings 101

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 101

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

BlueYonder

JANUARY 31, 2023

In a series of blog articles, the Product/Solutions Marketing team explores new business challenges and innovation solutions to change the game and manage disruptions. In this Part 2 blog post, we will continue to explore how automotive manufacturers are carrying out effective supply chain initiatives and their innovative solutions.

Automotive 88

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 88

Logility

NOVEMBER 2, 2021

a leader in supply chain innovation powering the sustainable and resilient enterprise, is expanding its partnership with the Fashion Institute of Design & Merchandising (FIDM) to give students an inside look into product lifecycle management (PLM) and supply chain execution. ATLANTA – Nov. 2, 2021 – Logility, Inc.,

Supply Chain Design Software 130

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

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. But, the tune has changed, and they are unsure how to dance together. The focus has been on sourcing and managed costs.

Modeling 239

Modeling Modeling Software Pharmaceutical Procurement Analytics 239

Supply Chain Shaman

SEPTEMBER 10, 2020

Demand latency is the time from channel purchase to order receipt.) Underneath the technology market in advanced analytics is the move from planning to decision support. The second step will be to hire third-party experts like AimPoint Digital, Mu Sigma, Palantir, or Tiger Analytics to sense and translate market data.

Supply Chain Planning Software 409

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 409

Cognira

FEBRUARY 12, 2024

The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI). In this blog, we’ll explore the outlook for retail promotion management innovations, shedding light on the key trends that will redefine the retail promotion landscape this year.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52