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 67

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QAD

JUNE 20, 2023

A well-functioning supply chain ensures that a company has the right materials, at the right time, in the right quantities, to meet customer demand. One area that is often overlooked is the impact that the plant floor can have on overall supply chain performance and success.

Optimal Sourcing 88

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SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. Additionally, by analyzing data from every stage of the supply chain, companies can uncover new insights and opportunities for growth.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Taulia

OCTOBER 20, 2021

What is supply chain efficiency? A supply chain is the combination of activities involved in producing goods and services and supplying them to customers. As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Taulia

AUGUST 29, 2023

For example, a digital SCM platform can simplify supplier management and offer increased supply chain visibility while also offering centralized access to solutions like supply chain finance (SCF), which they can use to strengthen their working capital position.

Supply Chain Planning Software 52

Supply Chain Planning Software Material Savings Optimal Sourcing Sourcing Strategies 52

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Unleashed

MARCH 6, 2024

Agile supply chain management is especially important in today’s dynamic business landscape, where customer expectations, technological advancements, and environmental uncertainties are constantly evolving and creating new challenges and opportunities for supply chain performance. Let’s dive in.

Agile and Lean Supply Chain 52

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QAD

JULY 13, 2023

With integrated modules encompassing inventory management, production planning, procurement, quality control, and more, manufacturers can gain real-time visibility into their operations, enabling better decision-making. In the food industry, compliance with safety regulations and traceability requirements is paramount.

Manufacturing Procurement 86

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 86

Enterra Insights

JULY 14, 2021

” Inventory Management. This allows companies to prevent stocking unwanted inventory, which is not only a waste of space but also means the customers are not getting what they want, which really translates into a loss of revenue. ”[7]. Better Decision-Making. Bain analysts, Michael C. 8] Michael C. 9] Germain, op.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Agile and Lean Supply Chain 130

QAD

MAY 7, 2020

Increasingly, we see manufacturers placing less emphasis on cost savings and more importance on supply chain adaptability, risk management and speed. The desire is to create flexible sourcing and connected supply chain networks that effectively respond to customers’ issues and expectations.

Agile and Lean Supply Chain 113

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply and Demand 113

ThroughPut

DECEMBER 6, 2023

Supply chain predictive analytics enhances operational efficiencies and offers a unique competitive edge in today’s fast-paced business landscape. Companies implementing supply chain predictive analytics experience a multitude of benefits. So, how does predictive analytics help with that?

Predictive Analytics 52

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ModusLink Corporation

SEPTEMBER 1, 2023

This approach can help shippers improve customer service, gain a competitive edge, and effectively manage inventory management. Pursue Proactive Risk Mitigation Shippers must find and deal with possible risks in their supply chains, from the factory to the final delivery. Managing supply chain risks.”

Optimal Sourcing 78

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

Supply Chain Digest

FEBRUARY 24, 2009

Green Supply Chain. Inventory Management/Optimizat. Labor Management Systems. Lean Manufacturing/Supply Chai. Order Management Systems. Retail Supply Chain. Content Being Accessed: White Paper Supply Chain Performance Management. Bar Coding/Label Printing.

Supply Chain Performance 32

Supply Chain Performance Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 32

ThroughPut

DECEMBER 1, 2023

With the unpredictable levels of demand fluctuations in today’s market, it’s crucial to effectively navigate the path to replenishment management in supply chains. What is Demand-driven Inventory Replenishment?

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Vendor Strategies 52

Supply Chain Matters

JULY 15, 2022

The supply chain supporting the delivery of equipment is the de-facto facilitator of this business model. Sourcing was both a cost as well as landed cost decision factor. The move was communicated as a means to boost market share and to gain access to domestic sources of manufacturing capability.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

ModusLink Corporation

OCTOBER 6, 2021

According to Statista (2021), the main four changes faced by retailers due to the COVID-19 include: adapting the Supply Chain for e-commerce, renegotiate contracts, alternative sourcing, shortages, and inventory management. Need help ensuring that your Supply Chain achieves your brand promise to your customers?

Supply Chain 78

Supply Chain Supply and Demand Inventory Management Software Supply Chain Performance 78

Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Supply Chain Matters

AUGUST 15, 2022

According to published reports from both Bloomberg and The Wall Street Journal , the company will now source its hardware customer fulfillment needs to third-party logistics providers in an effort to reduce product delivery costs by up to half. Consumers reportedly were seeking high end bicycles with performance features.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

IQMS

OCTOBER 2, 2019

One of the most noteworthy findings was that the more multidimensional a global supply network becomes, the more dependent all participants become on real-time data and knowledge (Dyer, Nobeoka, 2000). Source: Dyer, J. Creating and Managing A High-Performance Knowledge-Sharing Network: The Toyota Case.

Beverage 44

Beverage Supply Chain Planning Software Food Inventory Management Software 44

Supply Chain Shaman

MAY 13, 2015

This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. I knew nothing about the world of logistics, inventory management and order optimization. Warehouse Management and Transportation Management were in their infancy. (I The year was 1985.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Agile and Lean Supply Chain 150

Supply Chain Matters

JUNE 24, 2022

Supply factors are the factor of multi-industry supply networks, inventory management and other strategies initiated or responded to by multi-industry supply chains and services stakeholders such as carriers and logistics services providers. That would be spot on, as well.

Supply Chain Disruption 52

Supply Chain Disruption San Francisco Supply Chain Strategy Supply and Demand 52

Supply Chain Matters

JUNE 21, 2022

The argument is one stated by this blog along with others, namely that the longer that higher global-wide ocean transportation cost increases exist at 2021 levels, the more compelling is the requirement for manufacturers and retailers to consider reshoring or nearshoring sourcing strategies. Rising Costs of Warehousing. percent in 2020 to 3.7

Logistics Network Optimization Software 52

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Supply Chain Matters

MARCH 6, 2024

Potential Tie-Up The latest development surrounding Fisker is a published report from Bloomberg , citing informed sources as indicating that the EV start-up is in talks with Nissan Motor for a financial lifeline. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

QAD

OCTOBER 4, 2023

With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems. In the early 2000s, companies began embracing ERP systems to analyze supply chain performance.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

SCMDOJO

AUGUST 21, 2023

Through their insightful approach in simplifying intricate logistics concepts, businesses gain heightened clarity in comprehending and implementing optimal supply chain strategies. With episodes like “Let’s Talk Inventory,” the podcast delves deep into the nuances of inventory management.

Negotiating Skills 97

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

KEPLER Consulting

DECEMBER 11, 2019

A range of bad practices are observed on the visibility provided to suppliers: Failure to share forecasts with the supplier: this bad practice causes suppliers to secure their lead time by prolonging it, which has a negative effect on the customer’s sourcing flexibility. 3/ Workflow Management. Sources Cachon G.P.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

Supply Chain Matters

NOVEMBER 28, 2022

Concerning the horizon of next year, what remains on the minds of broader supply chain management teams are addressing and anticipating a host of added unknowns and what is likely to be another very challenging upcoming year. Implications of Covid Lockdown Challenges Across China.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Resource Reduction 59

Oracle SCM

AUGUST 1, 2018

I’ve had direct experience with several of these projects both as a vendor and as an operations/supply chain practitioner and I wanted to discuss the benefits I’d seen, some of the key success factors in these types of projects and how disruptive technology is fitting into the picture. Reducing in store stock outs.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Unleashed

MARCH 28, 2021

When done properly SRM can achieve greater efficiencies, reduce wholesale costs, and optimise supply chain performance. Supplier relationship management can: Mitigates risk. Optimises performance. Providing greater visibility, supplier relationship management helps to identify and reduce potential risks.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Supply Chain Opz

AUGUST 2, 2018

In Global organizations, successful inventory management is a complex science that requires modelling across an entire network to determine interdependencies between locations and the calculation of the ideal inventory targets from raw materials through work-in-progress to finished goods; no small undertaking.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

ThroughPut

AUGUST 12, 2021

This generates an X-ray overview of the supply chain performance, greatly enhancing visibility. Hence, a company can get a model encompassing supply operations and expected demands and leverage it for better growth. Better inventory management. Scaling with AI: S&OP for the F&B industry.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction S&OP Scenario Planning 52

Supply Chain Matters

JUNE 16, 2022

CFO ’s, if they have already done so, will be calling for a comprehensive inventory management analysis, especially if prior decisions were made to take on added inventory as a supply network risk mitigation measure. Assessments may be wise as to what mitigation measures can be made to mitigate such effects.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 52

crisp

MARCH 10, 2023

A persistent problem across the supply chain, stock-outs are a notorious source of revenue loss for retailers. Retailers can minimize out-of-stocks by leveraging and sharing their data to create a more holistic view of the supply chain and enable smarter inventory management.

Retail 52

Retail Data Inventory Reduction Waste Reduction 52

ToolsGroup

JUNE 2, 2023

With crystal clear, up-to-the-minute, and accurate data that enables organizations to see what’s happening across their entire supply chain and take smart, decisive action. And that’s where real-time perpetual inventory signals come in. How do they achieve this?

Real-time Visibility 294

Real-time Visibility Manufacturing Procurement Optimal Sourcing Inventory Reduction 294

Supply Chain Shaman

FEBRUARY 22, 2015

After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called. What CEO does not like the concept of reducing inventory? It is cash. Let me explain.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Modeling Software 150

Supply Chain Matters

AUGUST 23, 2022

The online giant has also increased the inventory management and logistics fees charged to hosted third-party sellers within the Fulfilled By Amazon segment. Since that Amazon announcement, a number of aggressive actions in reducing headcount via attrition and cutting back on excess capacity has occurred.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Material Savings Price Reduction 52

Talking Logistics

JANUARY 8, 2015

This will be possible through a platform approach to transportation management that delivers a unified control structure, and drives savings by aggregating sourcing volumes and optimizing end-to-end transportation. But the next level of cost reduction requires a move across silo walls to bring it all together.

Global Transportation 100

Global Transportation Inventory Reduction Optimal Sourcing Cost Reduction Strategies 100