SYSPRO Smarter ERP

FEBRUARY 2, 2022

Manufacturers have incurred significant financial losses due to supply chain disruptions and the subsequent inventory management challenges. Companies struggling to manage their supply chains often lack data for decision making, have siloed systems and inefficient inventory management practices.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

ivalua

MARCH 16, 2021

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

SCMDOJO

JUNE 21, 2023

SCaaS will guide companies to achieve strategic value by improving Manufacturing as a Service, Fulfillment as a Service, and Warehousing as a Service. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers.

Supply Chain Planning Software 89

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

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 93

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

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 54

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 54

QAD

JULY 21, 2022

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Price fluctuations and discounts resulting in increased purchases. Integrated Supplier Management. Causes of the Bullwhip Effect.

Price Reduction 94

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 94

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

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

Supply Chain Matters

SEPTEMBER 21, 2022

Our featured guest is Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil. His responsibilities are leadership of Jabil’s global commodity management, quoting, supplier relationship management efforts. over the course of his career.

Manufacturing Procurement 109

Manufacturing Procurement Supply Chain Network Software Agile and Lean Supply Chain Supply Chain Strategy 109

QAD

AUGUST 16, 2022

Unpredictability is undoubtedly the major issue manufacturers face when dealing with fragmented supply chains. As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. So, how can manufacturers respond to these challenges?

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

QAD

MAY 24, 2023

Global supply chains change enough to necessitate comprehensive visibility and shared views across entire manufacturing enterprises and other industries. Integrated supply chain management and operations helps anticipate needs and demands from customers, suppliers, and other trading partners.

Supply Chain Planning Software 52

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

Jaggaer

FEBRUARY 18, 2020

Leverage your supplier management for maximum benefit with the white paper: How to Achieve Holistic Supplier Management. Strategic Supplier Management. Supplier ecosystems are increasingly diverse. Holistic Supplier Management. This puts suppliers into one of four boxes.

Negotiating Skills 103

Negotiating Skills Negotiate Pricing Manufacturing Procurement Purchasing Skills 103

Precoro

JUNE 6, 2022

Suppliers are placed at the supply chain's beginning and provide goods or services to the companies for further processing. Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Check-list for Distinguishing Vendor from Supplier.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Precoro

APRIL 18, 2023

For example, a company that produces furniture has to order raw materials and trace the manufactured items sent to the customers (forward tracing) and occasionally the items that are returned (backward tracing). Supply chain managers need reliable information both to prepare P&L strategies and to make sound decisions on the fly.

Supply Chain Planning Software 98

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

SCMDOJO

NOVEMBER 8, 2022

3) CIPS – Chartered Institute of Procurement and Supply | 16.3k CIPS (Chartered Institute of Procurement and Supply) is a global organisation designed to deliver a positive impact across the supply chain industry with world-class education and training. Procurement Jobs in Future. Procurement Jobs in Future.

Supply Chain Design Software 120

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

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. Improved Internal Procurement Processes.

Resource Reduction 50

Resource Reduction Cost Reduction Strategies Price Reduction Inventory Reduction 50

Taulia

APRIL 5, 2023

Aside from the primary benefits, like ensuring customer orders are fulfilled on time, a well-managed supply chain can be the driving force behind operational efficiency and actively protect against supply chain risks. This model enables companies to hold less inventory and reduces the time taken for products to move through the chain.

Modeling 52

Modeling Material Savings Modeling Software Optimization Modeling 52

Supply Chain Game Changer

NOVEMBER 16, 2022

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. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Matters

SEPTEMBER 17, 2022

We wanted to alert our Supply Chain Matters readers to an upcoming podcast that will be of benefit to many strategic sourcing, planning, product development and procurement professionals. I had the opportunity to interact with Graham Scott, Vice President of Global Procurement for global based manufacturing services provider Jabil.

Manufacturing Procurement 59

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 59

Taulia

JANUARY 4, 2023

Supply chain management comprises parts including supplier management , sourcing, procurement, the accounts payable process , manufacturing, and the delivery of finished products. As a result, they can make better-informed decisions across procurement, manufacturing, inventory management , and more.

Forecasting 52

Forecasting Modeling Optimal Sourcing Supply and Demand 52

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Source: [link] ). Source: [link] ). Source: [link] ).

Supply Chain Design Software 72

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Optimal Sourcing 72

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. Manual processes, of which spend management is made up, can be both inefficient and create vulnerability to the risk of fraud and human error. What is spend management?

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

Logility

JUNE 28, 2022

In days of yore, you didn’t need such in-depth visibility, but today, as supply chains grow more complex and stretch further across the globe, you need a 360-degree view, from raw material sourcing to final product delivery. It doesn’t matter if you’re monitoring supplies and products at a batch or individual item level.

Supply Chain Visibility 173

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Supply Chain Software 173

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Supply Chain Matters

JUNE 17, 2022

Inventory Management Assessment- Samsung Electronics. We noted in our editorial likely needs for comprehensive inventory management assessments especially given the risk of higher working capital costs are a result of higher interest rates. Samsung ’s inventory balances reportedly reached the equivalent of $36.9

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

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

Supply Chain Matters

JULY 11, 2023

Improved Operational Performance Earlier this month, EV automotive and parcel van start-up producer Rivian Automotive announced that in the latest quarter, the EV maker produced 13,992 vehicles at its manufacturing facility in Normal, Illinois and delivered 12,640 vehicles during the same period. and Europe. billion as compared to $4.7

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Procurement Analytics Inventory Reduction 52

Supply Chain Game Changer

JUNE 30, 2022

Demand planning enables businesses to stock the proper amount of inventory and maintain correct inventory levels. The use of strategies like Just In Time (JIT) inventory management and other lean manufacturing approaches are useful in meeting and adapting to demand.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

Supply Chain Game Changer

JUNE 11, 2019

SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

Supply Chain Game Changer

NOVEMBER 5, 2019

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. How Should MRO be Managed? Subscribe Here!

Manufacturing Procurement 51

Manufacturing Procurement Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing 51

ToolsGroup

MAY 30, 2018

Digital twins drive benefits such as improved business planning and improved sourcing, procurement and supplier management. The experience of our customer SKF, the world’s largest bearings manufacturer , bears this out. Digital twins do not likely anticipate all information.

Modeling 168

Modeling Modeling Software Supply Chain Planning Software Optimization Modeling 168

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. Supply chain execution the second part of the supply management process, which falls after supply chain planning. Procurement and manufacturing.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Unleashed

DECEMBER 10, 2023

An order management system (OMS) is a software application that can run your entire order lifecycle – from inventory management and fulfilment to distributing order status notifications and managing any returns or exchange orders. ERP risks include implementation failure, poor data quality, and change management.

Inventory Management Software 52

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

QAD

AUGUST 30, 2023

It is a “boundary spanning” activity that, in order to be effective, requires active engagement with cross-functional teams including sales, manufacturing, supplier management and business management. This multi-functional team is tasked with creating proactive solutions that help ensure optimized manufacturing planning.

S&OP 52

S&OP Supply and Demand Scenario Planning Supply Chain Planning Software 52

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100