SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. Procurement Lead Time: Efficient procurement lead time ensures timely access to raw materials, a fundamental step toward efficient production.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 75

The Network Effect

OCTOBER 3, 2014

Strategies around lean replenishment and logistics must be deployed to accomplish performance goals, many of which may be required to remain in good standing. Executing these strategies requires manufacturers to fully leverage the potential of today’s innovative network-based supply chain systems and processes.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

GlobalTranz

OCTOBER 15, 2015

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. The need for supplier collaboration in procurement is greater than ever. Forward-thinking CPOs acknowledge the benefit of supplier partnerships.

Optimal Sourcing 120

Optimal Sourcing Modeling Agile and Lean Supply Chain Optimization Modeling 120

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to E2open’s latest Supply Chain Innovation Report, the top action that organisations foresee to create a more resilient supply chain is diversifying their supplier base (40%). SUPPLY CHAIN DIVERSIFICATION ENABLED BY TECHNOLOGY WILL BUILD RESILIENCE.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

MAY 21, 2013

We have used Lean process systems and swim-laned ourselves to death. Most care providers are working to get physician and clinical alignment to focus on the right balance of standardization, product utilization, and innovation. Balance innovation and standardization. Reward supplier companies that enable innovation.

Modeling 236

Modeling Modeling Software Pharmaceutical Procurement Analytics 236

GlobalTranz

JUNE 2, 2016

Contract terms need to change since the 3PL is committing uncompensated resources to managing the relationship and investing in innovation. To make the embedded model work, 3PLs/Suppliers need to be ready to take on the role of supply chain innovator within a customer’s organization. Value shared is value gained.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Supply Chain Game Changer

NOVEMBER 20, 2018

Programs such as Lean have become a popular means to develop a culture of simplification and constant improvement. Although Lean principles provide an excellent basis for managing energy costs, such costs are often left out of an efficiency drive… Why is that? Energy #Innovation #Technology.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

Proxima

JUNE 22, 2021

The role of procurement has long been misunderstood in financial services. Like many industries, those in the front office have thought of procurement as a necessary back-office process; a hoop that they are required to jump through that does not have any bearing on the success of their own role. Procurement’s evolution.

Optimal Sourcing 52

Optimal Sourcing Procurement Sourcing Strategies Cost Reduction Strategies 52

Unleashed

MARCH 31, 2021

A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock. A metric that does what it says on the tin – measures the accuracy of freight bills. E.g. 35 DOI + 31 DOR = 66.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

GlobalTranz

MARCH 15, 2017

This sustainability effort has carried innovation and implementation costs which have been gradually offset with procurement and operational savings. And as an early adopter and proponent of manufacturing practices that later became known as Lean, we’ve observed enormous improvements in manufacturing quality and consistency.

Cost Reduction Strategies 120

Cost Reduction Strategies Waste Reduction Expense Reduction Material Savings 120

GlobalTranz

FEBRUARY 27, 2017

This sustainability effort has carried innovation and implementation costs which have been gradually offset with procurement and operational savings. And as an early adopter and proponent of manufacturing practices that later became known as Lean, we’ve observed enormous improvements in manufacturing quality and consistency.

Waste Reduction 120

Waste Reduction Sustainability Cost Reduction Strategies Expense Reduction 120

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During We built these into continuous improvement programs such as Lean Six Sigma, while also setting goals to drive breakthrough cost savings to supplement continuous improvement savings. We named it the Supply Chain Index. Our aim was to maintain a 3 to 3.5

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

6 River Systems

JUNE 29, 2020

As global supply chains start the long process of recovery, supply chain management is in the spotlight, and new best practices and innovative strategies are emerging as supply chain leaders aim to reduce risk in an uncertain future. “Think beyond your four walls to how you can better collaborate and innovate with your suppliers.

Supply Chain Planning Software 116

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

Logistics Bureau

JANUARY 19, 2016

While this article is not going to focus on lean practices, the importance of keeping waste and process inefficiencies to a minimum can never be stressed enough when it comes to controlling expenditure and preventing cost blowouts in the supply chain. Lack of ability to innovate. Process-inefficiencies and Waste.

Supply Chain Planning Software 40

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

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. We needed something innovative, an idea out of the box to pull us out of the storm.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

6 River Systems

JULY 25, 2019

Companies have been in a “wait and see” mode for the last three to six months with regard to this, and now their procurement and supply chain leadership are being forced to find new and creative ways to handle the purchasing and movement of goods on a global scale.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Supply Chain Shaman

FEBRUARY 25, 2016

Analytical innovation and digital transformation drove step-change capabilities within the office and marketing. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. As a result, many companies are struggling. Leadership teams are uncomfortable.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logistics Bureau

NOVEMBER 27, 2016

While I’m a firm believer that innovation, not emulation, is the way forward for any company wishing to differentiate through its supply chain, I also believe that reinventing the wheel is something to be avoided if possible. Innovation. The Sustainability Drive. Health and safety. Outcomes First.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Design Software Gartner 40

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

NOVEMBER 25, 2020

By using the right automation in the right areas of your business, it’s much more likely to become a scalable asset due to the fact that you’re more likely to run a lean operation and stay efficient. It builds critical resilience into the logistics process, eradicating manual interference.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Waste Reduction Resource Reduction 52