SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 97

S&OP Optimal Sourcing Supply and Demand Material Savings 97

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

DELMIA Quintiq

SEPTEMBER 22, 2021

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

Inventory Management Software 294

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 294

Logistics Viewpoints

JUNE 25, 2025

Planners are uniquely positioned with an end-to-end focus, from procurement of materials, through manufacturing and engineering, to the movement, storage, and delivery of finished products or services. Supply chain professionals use various tools, including supply chain modeling, inventory management, and forecasting.

Supply Chain Planning Software 163

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 163

Logistics Viewpoints

JUNE 1, 2021

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep.

Inventory Management Software 279

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 279

SCMDOJO

DECEMBER 5, 2024

Leveling up your inventory life cycle can be crucial, but keeping all the fundamental factors jumping is essential to let the life cycle evolve. However, if the life cycle stock is healthy, inventory management is smooth. Inventory management revolves around the pivotal concept of the product life cycle. Click here!

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

Logistics Viewpoints

APRIL 10, 2025

Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. The ability to pressure-test decisions before committing real resources significantly improves response quality. Procurement is another area seeing change.

Optimal Sourcing 216

Optimal Sourcing Modeling Supply Chain Optimization Cost Reduction Strategies 216

SCMDOJO

APRIL 24, 2025

Excess inventory weighs down supply chains. The Hidden Costs of Traditional Inventory Models Traditional inventory models were built for predictability. Storing those goods adds emissions and resource strain. It aligns inventory with actual demand, reduces warehouse costs, and limits the risk of obsolescence.

Waste Reduction 98

Waste Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 98

Supply Chain Shaman

FEBRUARY 4, 2025

Despite the evolution of technology, none of the 28 industry segments I follow can drive improvement at the intersection of operating margin and inventory turns. That tightly integrated advanced planning (APS) coupled to Enterprise Resource Planning (ERP) using order data is sufficient. Change is Hard. Unlearning is Tougher.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

Logistics Viewpoints

APRIL 23, 2025

For companies managing large product portfolios, the scale of these changes will be resource-intensive and time-sensitive, particularly given the proposed 2026 target for full transition. Shorter shelf life or more limited inventory of natural colorants may lead to shorter production runs and increased batch frequency.

Manufacturing Procurement 172

Manufacturing Procurement West Virginia Food Sourcing Strategies 172

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Shaman

JUNE 10, 2025

Ask a procurement or transportation professional if they have a good demand signal and expect a laugh. Technology can automate role-based views up and down the river of demand for all roles: marketing, sales, finance, manufacturing, procurement, transportation, and human resources. The impact is exponential.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Waste Reduction 221

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. The establishment of efficient global supply chains has become critical to competitiveness.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Supply Chain Shaman

JULY 31, 2024

In our work with Georgia Tech using data from 1982-2023, we find that the R² of the Regression analysis of Cost-of-Goods Sold/Inventory Turns when compared to correlations of Operating Margin/Inventory turns to Market Capitalization/employee is 40-65% lower. For additional insights check out our presentation at Informs.

Supply Chain Planning Software 413

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 413

DELMIA Quintiq

SEPTEMBER 16, 2021

It typically provides a crucial planning function: fine-tuning supply and demand data and forecasts to deliver accurate and timely production plans, throughout the entire production supply chain, that help manufacturers achieve their production objectives and minimize procurement costs [1]. DELMIA Quintiq Master Production Scheduling (MPS).

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Network Optimization Optimization Software 287

Logistics Viewpoints

APRIL 19, 2023

In order to achieve this, demand planning, inventory planning, supply planning via procurement and/or production planning, along with fulfilment/allocation and even transportation planning need to be integrated. DC procurement is also automated by aggregating the needs of the MFCs.

Supply Chain Planning Software 293

Supply Chain Planning Software Optimal Sourcing Supply Chain Planning Scenario Planning 293

SCMDOJO

OCTOBER 30, 2024

These platforms can dynamically adjust the difficulty of tasks, provide targeted resources, and suggest personalized learning paths based on real-time performance data. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.

Supply Chain Planning Software 97

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 97

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important? Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. It involves building and managing strong relationships with suppliers.

Inventory Reduction 105

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 105

Supply Chain Brain

JUNE 17, 2025

Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.

Supply Chain Planning Software 100

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 100

RFgen

NOVEMBER 27, 2024

Supply chain optimization software tracks items as they move through your supply chain and generate alerts at important points to improves decision-making and enhance visibility across the supply chain by integrating various capabilities like procurement, inventory, and customer relationship management.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Optimization Modeling Inventory Reduction 98

ivalua

JUNE 12, 2025

If you’re evaluating procurement technology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.

Cost Reduction Strategies 130

Cost Reduction Strategies Material Savings Expense Reduction Negotiating Skills 130

SCMDOJO

OCTOBER 23, 2024

While edX is a well-known general online learning platform that offers a broad range of courses, SCMDOJO is a dedicated platform solely focused on providing high-quality education and resources for supply chain professionals. A general platform covering various subjects, including supply chain.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 93

Procurement Academy

FEBRUARY 13, 2025

Supply chain and procurement have undergone a seismic change in recent years. The Need for Supply Chain and Procurement Upskilling The global supply chain and procurement markets have changed drastically in the last number of years.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Buyer Training Supply Chain Planning Software 52

Supply Chain Shaman

JANUARY 25, 2024

As my client explains that they are delaying their project to build network interoperability due to complications with their Enterprise Resource Planning (ERP) upgrade, I tap my foot and sigh. With slim margins and ever-increasing inventories, companies invested less in capital assets. Another call. Same story. I hear this story a lot.

Supply Chain Network Software 359

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 359

Jaggaer

APRIL 9, 2025

Most JAGGAER installations in the manufacturing industry specifically, and in product-centric businesses in general, involve integration with an enterprise resource planning (ERP) system of one sort or another. The term enterprise resource planning originated in the early 1990s and is credited to the research firm Gartner Group.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Resource Reduction Analytics Software 52

Enterra Insights

NOVEMBER 14, 2024

It can look like using supply chain finance as a lever to free up cash flow, and it can also look like allocating resources toward initiatives such as geographical diversification, the creation of inventory buffers, sustainability, and artificial intelligence. Another EY analyst suggestion involves procurement.

Supply Chain Planning Software 130

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

Precoro

NOVEMBER 11, 2024

In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it. That’s when a centralized procurement organization structure proves beneficial.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

ThroughPut

APRIL 4, 2025

In today’s fast-paced industrial landscape, managing spare parts and MRO (Maintenance, Repair, and Operations) inventory is more than just keeping shelves stocked. With effective Spare Parts Inventory Optimization , businesses can strike a balance between availability and cost, ensuring seamless operations without overburdening budgets.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

FEBRUARY 18, 2025

In todays fast paced industrial world, inventory mismanagement poses substantial financial risks. With approximately $30 trillion of trade flowing from node to node, inventory rebalancing or mismanagement contributes to two major and often preventable issues: lost uptime, and lost sales. The Solution: ThroughPut.AI

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

SCMDOJO

DECEMBER 29, 2024

SCMDOJO Academy elevates your procurement and supply chain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.

Optimal Sourcing 98

Optimal Sourcing Course Negotiating Skills Purchasing Skills 98

ThroughPut

MAY 20, 2025

Managing spare parts inventory has always been a delicate balancing actexcess inventory ties up capital, while shortages risk costly downtime and production delays. Thats why a growing number of organizations are turning to AI software for spare parts inventory management. What is Spare Parts Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

Enterra Insights

DECEMBER 17, 2024

IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.” ” Inventory optimization. This prevents surplus, reduces carrying costs, and minimizes the risk of stockouts, ensuring a balanced inventory.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Supply Chain Shaman

FEBRUARY 28, 2021

After a dramatic drop at the beginning of the pandemic, Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. The majority of the transactions are in Enterprise Resource Planning (91) versus supply chain planning (31). Procurement Operates On An Island.

Supply Chain Planning Software 415

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 415

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Alex Zhong, Director Product Marketing at GEP.

Supply Chain Network Software 309

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 309

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software. Its your single source of truth for inventory, constantly updated and readily available.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52