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. Let’s dive in.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 93

Precoro

APRIL 18, 2023

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. An undisturbed supply chain is vital for continuous production and, as a result, for customer satisfaction.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

EazyStock

JUNE 24, 2020

The Coronavirus pandemic has highlighted many weaknesses in supply chains across the globe. Common challenges include unpredictable customer behavior, unreliable inventory supplies, rising logistical costs and internal capacity constraints. Inventory optimization software is an important piece of the puzzle.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. Inventory pile-ups. AI for supplier relationship assessment.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

The Logistics & Supply Chain Management Society

JULY 20, 2020

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Leadership in Supply Chain. fashion, automotive, spare parts, airlines).

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Logility

MAY 25, 2023

It’s no longer a luxury but a necessity, a critical cog in the wheel of successful supply chain management and warehousing. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 80

EC Sourcing Group

OCTOBER 26, 2021

Before the Internet was a vital tool in business, the supply chain was a much different place than today. It was slow-moving, achieving the result (product or service) took a much longer time, and dealing with suppliers was a much different story. IT in the supply chain can wear several different hats.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

Taulia

OCTOBER 20, 2021

Global supply chains are more complex than ever. In today’s challenging market, companies face multiple challenges, from shortages of crucial components to port congestion, high shipping costs, logistics delays and uneven customer demand. What is supply chain efficiency?

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Vendor Managed Inventory (VMI): VMI is a collaborative approach where suppliers manage inventory levels for their customers.

Inventory Reduction 81

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 81

Unleashed

JANUARY 10, 2023

Supply chain planning is the key to coming out on top. Optimising your supply chain processes will give your business the best chance at thriving in a competitive landscape. In this supply chain planning guide: What is supply chain planning? And it all starts here.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

EazyStock

MARCH 3, 2022

In the early 1980s, just in time supply chain management emerged as a way for businesses to reduce stock levels and only hold items that were needed to fulfill known orders. In recent years, and particularly since the coronavirus pandemic, just-in-case (JIC) supply chain management has become more popular.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

Unleashed

DECEMBER 10, 2023

OMS and ERP systems both automate your workflows, collect and analyse data, and can be integrated with other business applications. So, when it comes to investing in supply chain software, how do you know which solution is best for you? This article breaks down the key differences between OMS vs ERP.

Inventory Management Software 52

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

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is represented as a period of time that indicates how long it takes a business to turn its investments in inventory into money from customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Benefits of Procurement Automation.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Order fulfilment is just one part of the supply chain. When these processes are aligned, customer satisfaction improves.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Here’s a look at our top seven.

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

SYSPRO Smarter ERP

NOVEMBER 10, 2021

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. Supplier management. Inventory management. Industrial Internet of Things.

Manufacturing Procurement 111

Manufacturing Procurement Electronics Supply Chain Design Software Manufacturing 111

Taulia

MARCH 14, 2023

Many AR process optimization methods revolve around automation, which can reduce human error, increase data accuracy, and ensure that payment reminders are sent promptly. Slow accounts payable outflows Working capital can also be increased by slowing down the release of accounts payable to creditors and suppliers.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Expense Reduction Cost Reduction Strategies 52

Enterra Insights

NOVEMBER 27, 2019

At the moment, blockchain technology seems to fit into the aspirational category. Roberto Torres ( @TorresLuzardo ) reports, “In its 2019 Hype Cycle for Blockchain Technologies, Gartner found most blockchain technologies remain stuck in an ‘experimentation mode.’ Sharing information with suppliers.

Supply Chain Design Software 100

Supply Chain Design Software Gartner Supply Chain Planning Software Supply Chain Software 100

CormSquare

JANUARY 10, 2017

staffing, financing, inventory management, customer service, marketing etc. Subsequently, procurement tends to be an afterthought, when it should be approached strategically! Small businesses spend between 40% – 65% of sales revenue on procurement of inputs. Technological Advancement.

Resource Reduction 50

Resource Reduction Cost Reduction Strategies Price Reduction Inventory Reduction 50

Supply Chain Game Changer

NOVEMBER 5, 2019

Subscribe to Supply Chain Game Changer. Indirect Procurement – It’s Time to Rise and Shine! High spend and highly visible Procurement categories like raw materials, I/T, capital equipment, travel, facilities, large services contracts and more often merit dedicated Commodity Management resource.

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

QAD

MAY 19, 2021

While spreadsheets and manually tracked processes can help organize internal processes in the early days of any business, manufacturers and suppliers often turn to enterprise software like ERP or CRM to help scale their business. Electronics and Technology. Asset Management. Supply Chain Management.

Supply Chain Planning Software 52

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

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. As supply chains become more complex there is a greater need to cultivate clear, measurable ways to evaluate every supplier. Reduces costs.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Gaining a Full Picture of Supply Chain Threats.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Logistics Bureau

JANUARY 7, 2020

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers. Conversely, just 8% of businesses with less capable supply chains report above-average growth.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

QAD

MAY 4, 2022

An Enterprise Resource Planning (ERP) system is a software solution used by businesses to plan and manage daily operations, like supply chain, manufacturing, services, financials and other programs or processes. Supply Chain. Inventory Management. Customer Relationship Management (CRM).

Supply Chain Planning Software 52

Supply Chain Planning Software Purchasing Skills Inventory Management Software Modeling Software 52

QAD

JUNE 16, 2021

As manufacturing and supply chains scale to meet larger global needs, real-time data and software systems allow manufacturers to automate processes and make smart data-driven decisions. Two commonly implemented software systems are ERP (enterprise resource planning) and MRP (material requirements planning).

Supply Chain Planning Software 52

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

Unleashed

JULY 12, 2023

Inventory is often the largest current asset in a business. How effectively it’s managed, tracked, and sold can mean the difference between healthy cash flow and going broke. Before you develop an effective inventory management strategy you need to understand what inventory is, its various types, and how it works in a business.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Unleashed

APRIL 1, 2020

Invest in technology. Review existing inventory management systems. Invest in technology. Yet one of the best ways to prepare for a recession is to continue to invest in technology and service offerings that are right for your business. So what does investing in technology look like for your business?

Material Savings 106

Material Savings Inventory Reduction Inventory Management Software Supply Chain Planning Software 106

Enterra Insights

JULY 25, 2019

Most discussions about blockchain technology focus on its potential rather than its current capabilities. For example, Hailey Lynne McKeefry ( @HaileyMcK ) writes, “Supply chain professionals are talking a lot about blockchain, and how it can be applied to address the increasingly global and complex nature of the supply chain.

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 100