Supply Chain Shaman

OCTOBER 29, 2020

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. We do not know how to walk the talk. The world would be more sustainable if we clean out our warehouses of inventory that we do not need. This was not a new relationship.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

Enterra Insights

DECEMBER 17, 2024

”[5] He continues, “Most supply chains consist of the following layers or departments: manufacturing; suppliers; transporters; warehouses; distributors; service Providers; retailers; [and] customers. Those areas are: Warehouse optimization. ” Inventory optimization.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

SCMDOJO

FEBRUARY 26, 2025

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. What contexts can it be used in and how, as well as the benefits of using cost performance index in supply chain contexts.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Negotiate Pricing Cost Reduction Strategies 52

AFFLINK

JUNE 11, 2025

While this new landscape means easier and faster product ordering for consumers, it puts traditional supply chains under unprecedented pressure to adapt their direct-to-consumer fulfillment, inventory management, and procurement strategies. AI-Driven Procurement: Real-time data enables smarter supplier selection and pricing optimization.

Modeling 48

Modeling Optimal Sourcing Supply Chain Planning Software Demand Planning Software 48

SCMDOJO

DECEMBER 5, 2024

Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. The 7 Stages of the Inventory Life Cycle Procurement Acquiring necessary goods and materials before starting a business is essential. Warehouses and storage facilities are the places where inventory is stored.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

SCMDOJO

FEBRUARY 15, 2025

How to Apply the Principles to Supply Chain Risk Mitigation Identify and Assess Risks Risk management is a fundamental aspect of supply chain operations and is essential for minimizing disruptions. Multi-location warehousing ensures critical products remain closer to key markets, reduces lead times, and enhances responsiveness.

Supply Chain Planning Software 91

Supply Chain Planning Software Supply Chain Software Modeling Inventory Reduction 91

Logistics Viewpoints

AUGUST 11, 2022

So, here are a few top-level factors to consider before you go all in: Size and Scope : Are you running a smaller, more controllable environment, such as a warehouse or factory? This may include decision-makers from IT, finance, operations, sales, and procurement. Over-equipping or under-equipping wastes time and money.

Supply Chain Planning Software 261

Supply Chain Planning Software Logistics Network Optimization Software Forecasting Software Supply Chain Network Software 261

GlobalTranz

APRIL 30, 2021

To reduce the risk of supply chain disruption , shippers need to know what it means for their operation going into the start of May and how to use the right services to find available capacity before the CVSA roadcheck storm arrives. Is the CVSA Roadcheck Safety Blitz a Good Thing for the Industry. The overwhelming answer is “yes.”

Resource Reduction 348

Resource Reduction Waste Reduction Capacity Supply Chain Design Software 348

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

Precoro

NOVEMBER 11, 2024

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. On top of that, we’ll break down how to approach selecting the right centralized purchasing system for your business needs.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. At the time, many business leaders did not know how to type and had no idea how to use a computer.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Jaggaer

APRIL 24, 2025

Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. She suggested that we need to unlearn what we know before we can learn how to fix this situation. Procurement must adjust accordingly. Our thinking is still siloed.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Demand Planning Software 52

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings. Use cross-functional teams to solve problems.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. For example, a student might work on a project that involves analyzing sales data to predict future product demand, thereby learning how to adjust procurement strategies accordingly.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

GlobalTranz

JULY 28, 2021

Managed transportation is about streamlining and centralizing the whole process of both inbound and outbound logistics, ranging from warehousing through delivery. Learn more about transportation optimization and how it can help you drive operative advantage while meeting customer expectations and delivery requirements.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Unleashed

DECEMBER 11, 2022

Efficient warehousing is all about knowing what’s working, what’s failing, and what can be improved. When you measure and analyse the right warehouse KPIs, you can make better-informed business decisions based on real data. In this guide to warehouse KPIs: What are ‘warehouse KPIs’ and why should you use them?

Warehousing 98

Warehousing Inventory Reduction Cost Reduction Strategies Inventory Management Software 98

GlobalTranz

SEPTEMBER 11, 2018

To avoid the retail apocalypse and achieve omnichannel success, shippers need to understand the challenges of e-commerce shipping, how it contributes to omnichannel success and a few tips to succeed in it. In addition, shippers may lack the resources necessary to push operations beyond availability and reliability of procurement.

Omnichannel 230

Omnichannel Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 230

Supply Chain Shaman

JANUARY 21, 2014

While we need forecasting and we need to improve the processes, we also need to teach teams how to use new forms of demand data and adopt demand processes. To become demand driven (or market driven), they need to learn how to speak a new language. Why is this important? Supply chain leaders are fluent in the language of supply.

Supply and Demand 393

Supply and Demand Modeling Demand Planning Software Forecasting 393

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs.

Supply Chain Planning Software 293

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 293

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. What is Reverse Logistics and How Is It Different than Traditional Logistics?

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Logistics Viewpoints

JUNE 21, 2024

bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 The work has produced extensive data and helped to educate mariners, especially on the dangers of parametric rolling and how to manage it. percent, which is up from 5.7 percent in Q1.

Logistics Network Optimization Software 301

Logistics Network Optimization Software Logistics Material Savings Optimal Sourcing 301

AFFLINK

JANUARY 13, 2025

After all, over-estimating can lead to inventory surplus and associated warehousing costs. This precision then helps businesses align production, procurement, and distribution efforts with expected needs, reducing inefficiencies and ensuring the right products are available at the right time.

Predictive Analytics 48

Predictive Analytics Inventory Reduction Inventory Management Software Procurement Analytics 48

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Take Advantage of Cloud-Based Analytics for Better Warehouse Management and Forecasting. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

RFgen

NOVEMBER 27, 2024

You’ll learn how to leverage data to streamline operations, reduce costs, improve efficiency, and exceed customer expectations. Smart warehouses equipped with IoT automate inventory counts, monitor storage, and detect equipment maintenance needs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

SCMDOJO

JUNE 9, 2025

For teams looking to systematize their logistics documentation practices, SCMDOJO’s Logistics Management Track and Mastering Transportation Management System courses offer practical training on how to implement digital tools, automate document flows, and optimize transportation records across the supply chain.

Supply Chain Planning Software 52

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

ivalua

FEBRUARY 25, 2021

That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The “how” of using features and functions is unclear: Distracted by the bells and whistles of a feature-rich platform, organizations may not fully understand how to maximize the value of available features. .

Supply Chain Planning Software 221

Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software Supply Chain Software 221

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. Are they the same?

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

ivalua

SEPTEMBER 8, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. The post How to Manage Supplier Risk and Performance in an Uncertain Global Economy appeared first on Ivalua.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

SYSPRO Smarter ERP

JANUARY 12, 2022

Procurement in manufacturing companies is often not done correctly. With direct and indirect materials making up at least 50% of typical manufacturing costs, the procurement function could be re-imagined so companies can be more responsive to customer demands and more agile when dealing with supply chain challenges.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Supply Chain Planning Software 105

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 116

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 116

Talking Logistics

DECEMBER 13, 2018

He recommends including those you interact with in daily operations such as manufacturing, warehousing, distribution, procurement, and finance. The post How to Successfully Implement a Transportation Management System appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain Planning Software 124

Supply Chain Planning Software Transportation Management Logistics Network Optimization Software System 124

The Logistics of Logistics

JANUARY 11, 2023

Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend. The platform is mode agnostic and has time-series and geo-based data from all modes of freight, including truck, rail, ocean, air, and warehouse.

Analytics Software 246

Analytics Software Logistics Network Optimization Software Freight Rail Software 246

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Firms could store products that attract tariffs in bonded warehouses until they are required. Operational strategies. Buying forward. Insourcing.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245