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. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.

Agile and Lean Supply Chain 130

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

SCMDOJO

AUGUST 21, 2023

These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network. Moreover, his content delves beyond procurement, unraveling the core competencies and skills essential for triumphant supply chain management.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. #The links below are paid links. Best Logistics Books are as below: 1. Our Rating: 5 Stars 4. Who is it for?

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

SCMDOJO

APRIL 4, 2023

This means tracking everything from customer relations to inventory management, financial investments, transportation and delivery processes, and workflow processes. To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. It is an essential element of supply chain management.

Prescriptive Analytics Software 111

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

Procurement Academy

NOVEMBER 4, 2022

There are new sources of volatility, uncertainty, and ambiguity at every turn – from radical inflation to international conflict. By wrong, we mean lead-times that are too long, stockouts, late deliveries and too much inventory in the wrong place of the wrong parts. Today, we live in a world that is only getting more complex.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Material Savings 52

GlobalTranz

JULY 12, 2016

Reduce inventory with cross-docking or use Kanban pull systems. Target inventory accuracy: goal: 98-100% accuracy daily. Get rid of excess inventory: create a Material Review Board (MRB) to review: obsolete, excess, slow moving inventory monthly. Implement a reward system for major victories. Improve processes daily.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

USC Consulting Group

JANUARY 10, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Four Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. It’s a useful process, but we’ve found it’s missing a critical area: Inventory. With SIOP, you can make your inventory work for you.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

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

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Logistics & Supply Chain Management Society

OCTOBER 15, 2023

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. However, inventory is also an essential asset for many businesses.

Asset Management 130

Asset Management Inventory Reduction Inventory Optimal Sourcing 130

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. The problem is usually created by holding too much static inventory. Reducing supplier lead time. Freight Costs.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 79

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 79

Supply Chain Network

NOVEMBER 23, 2013

In addition to procuring and supporting hardware, software and cloud services for the company, Hinkle will also be managing and negotiating all licensing and handle the company’s inventory of hard and digital assets, including ensuring the viability of enterprise disaster recovery plans and capabilities.

Modeling Software 74

Modeling Software Supply Chain Network Software Logistics Network Optimization Software System 74

Supply Chain Shaman

OCTOBER 7, 2012

For mature supply chain organizations, it is a natural extension of six sigma. Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? In the supply chain, variability and volatility come from many sources. It requires design. Is it S&OP?

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

Unleashed

JULY 23, 2023

Ways to enhance your order cycle time include: Understanding order profiles Reallocating resources to the areas of greatest activity Reducing travel time Prioritising inventory replenishments 2. The WIP manufacturing KPI measures how quickly you’re converting your WIP inventory into finished goods and sales.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Requis

SEPTEMBER 24, 2020

To me this feels like a white paper on competitive strategy about how supply chain is where you’re going to get the best source of differentiation, cost cutting and ultimately, improved thinking on product, sales and marking, HR, and everything else. I think we can write it together! Definitely that’s the point. Soft skills need to be taught.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Design Software Education Supply Chain Software 75

NC State SCRC

SEPTEMBER 14, 2016

Jeff Townley, former Chief Procurement Officer at Nortel Networks, provided some fantastic insights in my MBA class this evening. That put customers on hold, and then GE guys came in and “over-rotated” on six sigma, and should have focused more on the Big Y of getting rid of some divisions.

Supply Chain Network Software 40

Supply Chain Network Software Negotiating Skills Supply Chain Design Software Six Sigma 40

Infosys Supply Chain Management

JUNE 25, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The objective of all other improvement initiatives like TPM, RCM, Lean or even Six Sigma is to improve your system efficiency thereby increasing the throughput. Business Process Outsourcing.

Supply Chain Planning Software 22

Supply Chain Planning Software Sourcing Strategies Resource Reduction Optimal Sourcing 22

6 River Systems

JUNE 26, 2020

“They have multi-sourced key commodities or strategic components to reduce their reliance on any one supplier, and they had considered inventory strategy to buffer against supply chain disruption.” Also, globalization presents another hydra-headed challenge for your procurement network.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 98