SCMDOJO

MARCH 19, 2024

The Purpose of the Supply Chain Department The supply chain department plays a crucial role in ensuring the smooth flow of goods and services from the point of origin to the point of consumption. Watch What is Marketing Procurement? Why do you need a structured Supply Chain Department?

Optimal Sourcing 77

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 77

QAD

FEBRUARY 21, 2023

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance.

Manufacturing Procurement 95

Manufacturing Procurement Supply and Demand Inventory Reduction Demand Planning Software 95

Supply Chain Shaman

SEPTEMBER 20, 2015

Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. In fact, the teams ignore the forecast.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ToolsGroup

JULY 6, 2023

At ToolsGroup we are dedicated to helping companies optimize their supply chain performance, and it is very gratifying to be recognized as a market leader based on the opinions that matter most – those of our customers.” Read the press release here. See ToolsGroup’s listing on FeaturedCustomers here.

ToolsGroup 295

ToolsGroup Supply Chain Planning Software Supply Chain Planning Optimal Sourcing 295

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 94

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 94

Supply Chain Shaman

APRIL 27, 2022

The supply chain is a complex non-linear system. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Table of Performance. Supply chain excellence was largely defined as manufacturing excellence. Was this by design? My answer is no.

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Logility

AUGUST 24, 2016

How do you know if meaningful inventory optimization is possible for your life sciences organization? Supply chains in all branches of the industry involve high-value, high-margin items that tend to trap large amounts of working capital in excess inventory, so the potential benefit is real.

Optimal Sourcing 100

Optimal Sourcing Modeling Supply Chain Optimization Inventory Reduction 100

Logility

AUGUST 24, 2016

How do you know if meaningful inventory optimization is possible for your life sciences organization? Supply chains in all branches of the industry involve high-value, high-margin items that tend to trap large amounts of working capital in excess inventory, so the potential benefit is real.

Optimal Sourcing 100

Optimal Sourcing Modeling Supply Chain Optimization Inventory Reduction 100

SCMDOJO

JUNE 6, 2023

With the right supply chain tools at your disposal, you can streamline operations, boost productivity, and save valuable time. Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 92

ToolsGroup

OCTOBER 12, 2021

As supply chains continue to grapple with volatility and disruption post-pandemic, fashion brands, who faced increased risks during the pandemic because of lockdown, are now turning to better supply chain planning for fashion strategies with the end goal of achieving improved agility and a competitive advantage.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

BlueYonder

OCTOBER 6, 2023

This involves creating a range of “what-if” simulations and contingency plans based on demand fluctuations and supply disruptions. Mitigating Supply Chain Risks: The objective here is to diversify manufacturing and supplier bases across various regions rather than relying solely on offshoring, nearshoring, or onshoring.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

QAD

NOVEMBER 16, 2023

Packaging changes have impacted the procurement, manufacturing and distribution processes of organizations. The transformation has touched all inventory levels from material sourcing to end product delivery. Supply Chain Performance Supply chain and distribution performance is greatly impacted by packaging changes.

Packaging 96

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 96

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. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Silvon Software

JUNE 1, 2023

But how do you know if you are using the right KPIs, including both stakeholder and supply chain performance measures? Supply Chain-Focused KPIs Beyond stakeholder-focused KPIs, many companies focus on “flow of materials” to help evaluate the efficiency, effectiveness, and performance of the end-to-end supply chain operations.

S&OP 93

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 93

Logility

NOVEMBER 28, 2023

By moving beyond conventional, backward-looking methods, planning can forecast demand and inventory at the speed of the market. Planners strategically examine procurement and sourcing practices and align production and distribution to meet product demand. Demand and S&OP is not only about repeating history.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Supply Chain Shaman

JULY 12, 2022

Our days of chasing shiny objects and making supply chains more efficient, but more brittle need to be behind us. In the last decade, supply chain performance regressed. The Dollar stores are struggling with higher inventory levels, but are outperforming the sector. Company Performance in Broadline Retail.

Supply and Demand 217

Supply and Demand Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 217

Logility

OCTOBER 25, 2022

Accurate Forecasts, Lower Supply Costs, and Faster Cash-to-Cash Cycles . As the last few years have shown, supply chain disruptions are unpredictable. With AI, you can improve demand forecasting and inform integrated business planning as well as revolutionize your supply chain in every area: Planning. Procurement.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 130

Global Trade Management

NOVEMBER 24, 2023

Introduction Supply chain digitalization is a pivotal element of modern supply chain management, driving improvements in inventory management, operational efficiency, and asset utilization. Improving Inventory Management Supply chain digitalization plays a crucial role in elevating inventory management.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 52

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. Inventory is one of the most important assets of any company, as it’s the basis for generating revenue.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

DECEMBER 28, 2020

Strangely, in the last decade, while companies had the opportunity to use technology better, supply chain performance declined. Only four percent of companies compared to their peer groups improved balance sheet performance of growth, operating margin, and inventory turns. Days of Inventory Comparison.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

Supply Chain Shaman

AUGUST 12, 2020

Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs. As shown in Figure 2 with the orbit chart of Lenovo, the progress of supply chains is gnarly.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

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

QAD

JUNE 20, 2019

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance. QAD Supplier Portal Delivers Benefits.

Manufacturing Procurement 107

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Optimal Sourcing 107

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

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 76

Logility

AUGUST 25, 2020

in inventory write-down and 20% drop in stock value. Would access to better supply chain and IT performance information have helped avert or mitigate these failures? Their supply chains must be flexible and responsive to customer and market needs. Significant loss of market share. Huge loss of IT talent.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 173

Bristlecone

JUNE 24, 2020

Analytics are key to enabling data-driven decisions that enhance supply chain performance. Managing demand volatility, controlling spend, achieving end-to-end visibility, optimizing inventory – these are all made possible through advanced analytics. Building a Supply Chain KPI Framework. Key Takeaways.

S&OP 52

S&OP Supply and Demand Analytics KPI 52

BlueYonder

FEBRUARY 14, 2023

Sunil: The bills-of-materials have to be managed, re-managed, and updated on a regular basis, which from both a master data and a procurement perspective is difficult. The first is reduction of inventory, which includes the work-in-process inventory and finished goods inventory. Sunil: Exactly. Terence: Five-zero percent?

Manufacturing Procurement 128

Manufacturing Procurement Material Savings Inventory Reduction Cost Reduction Strategies 128

Enterra Insights

OCTOBER 11, 2022

For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost. ” • Manage inventory. ” • Be demand-driven.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

Logistics Bureau

NOVEMBER 18, 2020

Supply Chain Planner: A manager whose main responsibility is to analyse a company’s supply chain performance. There are plenty of supply chain opportunities in manufacturing. Procurement Specialist/Manager. Purchasing & Inventory Clerk. Inventory Controller. Manufacturing.

Manufacturing Procurement 94

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Supply Chain Optimization 94

QAD

MAY 24, 2023

Supply chain leaders need effective tools to share real-time information across networks of suppliers, customers, carriers, distributors, and government agencies. Develop Strong Internal Communication Between Supply Chain and Inventory Teams Risk mitigation is no small feat.

Supply Chain Planning Software 52

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

Kinaxis

SEPTEMBER 6, 2017

This has led to increased costs, not to mention all the inventory stuck in-transit. However, did you know there are enough lead time problems lurking in your current supply chain operations that go completely unnoticed? These are the “knowable unknowns” that can hurt your supply chain performance.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 241

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.

Manufacturing Procurement 89

Manufacturing Procurement Optimal Sourcing Analytics Software Supply Chain Planning Software 89

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.

Prescriptive Analytics Software 111

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

SCMDOJO

NOVEMBER 2, 2023

Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy. With a Ph.D.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

ShipBob

FEBRUARY 26, 2024

Demand and supply management During the demand and supply management phase, you focus on planning your orders to ensure accurate and timely replenishments. and then planning your inventory orders accordingly. Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52