Procurement Academy

OCTOBER 19, 2023

A generic approach to training is not the solution to the increasing range of challenges facing procurement teams. This means that skills enhancement across wider roles is required for procurement professionals, with a focus on role-specific learning.

Buyer Training 52

Buyer Training Purchasing Training Negotiating Skills Optimal Sourcing 52

TrackVia

MAY 25, 2023

Many companies are realizing the critical role that effective inventory management plays in streamlining warehouse operations and maintaining an edge over competitors. Implementing low-code allows for tracking various aspects of inventory management, from stock quantities and locations to order progress and shipments.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

ModusLink Corporation

SEPTEMBER 1, 2023

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Logistics Viewpoints

OCTOBER 12, 2023

The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing. Sourcing is not only from traditional farms but also from controlled environment agriculture (e.g.,

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 228

3PL Insights

FEBRUARY 14, 2023

Retail logistics is responsible for delivering products to customers both in physical stores and online. This process starts from the moment a product is sourced from the supplier to the customer. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Logistics Viewpoints

JUNE 29, 2023

Criticality of PO Collaboration for Direct Spend Management PO collaboration plays a pivotal role in managing direct spend efficiently. PO Collaboration is essential in coordinating with suppliers to ensure timely delivery of customized components and managing production schedules to meet customer requirements.

Manufacturing Procurement 185

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 185

The Logistics of Logistics

NOVEMBER 8, 2021

Matt is the Co-Founder and CEO of popcapacity , which is dedicated to simplifying the process for sourcing warehouse space. Matt shifted to logistics sales and became a very successful agent for BlueGrace. Popcapacity leverages technology to simplify the process of sourcing warehouse space. The Logistics of Logistics Podcast.

Warehousing 229

Warehousing Supply Chain Design Software Logistics Network Optimization Software Inventory Management Software 229

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Job loss concerns can also hinder progress.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

SCMDOJO

APRIL 29, 2024

Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 52

SCMDOJO

JANUARY 31, 2024

This demand, coupled with the complexity of supply chain management, has resulted in a wide range of salaries across different job levels. Let’s explore the salary ranges region-wise: United States of America: In the United States of America, the average salary of supply chain management is $92,441 per year or $44.44 per hour. .

Supply Chain Design Software 71

Supply Chain Design Software Purchasing Skills Buyer Training Supply Chain Design 71

Unleashed

DECEMBER 15, 2019

It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

Manufacturing Procurement 83

Manufacturing Procurement Sourcing Strategies Purchasing Skills Optimal Sourcing 83

ModusLink Corporation

APRIL 22, 2024

End-to-end management of component procurement, inventory management, and JIT delivery. Dynamic inventory optimization to minimize lead times and reduce costs. Cost Efficiency and Value Optimization: Economies of scale realized through global procurement and resource pooling.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

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. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Supply Chain Opz

MAY 1, 2018

Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

SCMDOJO

JUNE 21, 2023

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. allowing them to shift their focus towards core activities like market share and product management.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

BlueYonder

JUNE 16, 2022

As many countries around the world enforce economic sanctions against Russia, global logistics networks are struggling to isolate Russian products while still ensuring inventory availability. The post Where’s My Inventory? Managing Disruption Across Multiple Supplier Tiers appeared first on Supply Chain Nation.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Optimal Sourcing 52

Supply Chain Matters

JULY 25, 2022

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

The Logistics of Logistics

SEPTEMBER 12, 2020

Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Project management. Carrier management.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Talking Logistics

APRIL 29, 2015

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes.

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

OptiProERP

APRIL 9, 2024

Order management involves creating, processing, and tracking orders, ensuring they align with customer expectations and organizational capabilities. Integration with inventory management systems is crucial to accurately confirm product availability and delivery timelines.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

Precoro

JULY 16, 2023

Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

EC Sourcing Group

NOVEMBER 17, 2020

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Supply chain management software can do quite a lot—part of the importance of supply chain management software is that it goes well above and beyond what procurement software can do. Spend analytics.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

Logistics Viewpoints

DECEMBER 12, 2022

They source plastic pellets and then use injection, blow molding, rotational molding, and thermoforming to produce their finished products. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain. Finance will get a view into shipping linearity for revenue planning.

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. Supply chain management is never boring, and there’s always more to learn. What is Supply Chain Management?

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Elementum

AUGUST 31, 2022

The supply chain management process is comprised of a number of steps, which can usually be organized into five categories: Planning and forecasting Sourcing and procurement Manufacturing Logistics Handling returns As demonstrated by the recent food supply chain issues , a failure in one area can lead to disaster.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 78

SCMDOJO

AUGUST 21, 2023

Impact on Supply Chain: The realm of Supply Chain has witnessed a profound impact courtesy of Professor Rodriguez, a distinguished Supply Chain Management instructor and seasoned logistics professional. His scope extends to creating procurement content, spanning from foundational concepts like “What is Procurement?”

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

Supply Chain Opz

APRIL 1, 2018

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Do You Need a Logistics Book? In the United States, the median wage for a Logistics Manager is around $70,000 annually. Who is it for?:

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

SCMDOJO

NOVEMBER 8, 2022

The highly revered “Supply Chain Secrets” is hosted by Rob O’Byrne, who has been in the Supply Chain and Logistics industry since he was 15. Rob has handled several Supply Chain and Logistics businesses and shares lessons, insights, interviews, tips, and more from his experience through the channel. Subscribers.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 120

Logistics Viewpoints

SEPTEMBER 28, 2021

There is now a robust and growing market for real time transportation visibility solutions, which help shippers, carriers and the entire ecosystem run more cost-effective and efficient logistics operations. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. Companies need a planning solution to analyze the trade-offs between make, source, and deliver. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? Naturally, a supplier relations conflict exists.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

GlobalTranz

JULY 30, 2018

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

SYSPRO Smarter ERP

JULY 3, 2023

By analyzing real-time data from sensors, cameras, and other sources, manufacturers can detect quality issues early in the production process, reducing waste and improving product quality. This can help optimize inventory management, identify bottlenecks, and optimize logistics operations.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Manufacturing Data 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. Furthermore, talent shortages pose a challenge to supply chain management. Geopolitical changes encompass alterations in international relations, trade policies, tariffs, or regulations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130