Supply Chain Shaman

JANUARY 7, 2025

Compared to peer group performance for 2013-2023, 59% of the Gartner Top 25 score below their peer group on average revenue growth, 41% below inventory turns, and 41% below their sector on invested capital. Align the organization in 2025 to a balanced scorecard of growth, operating margin, inventory turns, ROCE, and order fulfillment.

Optimal Sourcing 367

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 367

RFgen

DECEMBER 27, 2024

You’re juggling production schedules, managing inventory, keeping an eye on finances, and making sure everything runs smoothly on the shop floor. Think of it as the central nervous system of your operation, connecting everything from production planning and inventory control to supply chain management and financial reporting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Inventory Management Software 98

Precoro

DECEMBER 24, 2024

For example, AI can spot recurring or unnecessary costs, detect maverick spending (when employees purchase outside of approved channels), and identify opportunities for cost savings based on historical spending patterns. This gives them advance warning so they can adjust their purchasing strategies.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Supply Chain Shaman

NOVEMBER 21, 2024

Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. Yawn and walk on if the answer is i mproving demand error or reducing inventory levels. How do I train and maintain the logic?” We are in the middle of a hype cycle that in my mind looks like the image in Figure 1.

Supply Chain Planning Software 396

Supply Chain Planning Software Modeling Software Modeling Supply Chain Software 396

Logistics Viewpoints

MARCH 27, 2025

More broadly, AI can be deployed across functions to shift inventory, switch transportation modes, find new carriers, communicate across functions and regions with customers and partners, and otherwise deliver a smart, collaborative response. For most supply chain and logistics teams, their execution options are not limitless.

Supply Chain Planning Software 327

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 327

ToolsGroup

JANUARY 21, 2025

Returns Management and Integration With 35% of online purchases being returned, predominantly to physical stores, retailers are grappling with the ripple effects on inventory management. Early adopters of these integrated platforms report significant improvements in inventory turnover and reduction in stockouts.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

Logistics Viewpoints

MAY 26, 2023

Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. Inventories at U.S. Serota said that both sides are “spending a lot of time at the negotiating table, and I am optimistic we will hear good news soon”.

Negotiating Skills 273

Negotiating Skills Pricing Training Jordan Purchasing Training 273

Procurement Academy

JANUARY 30, 2025

This is where digital procurement training comes in, and were going to discuss what it is, how your company can do it, and how to deal with any roadblocks that may get in your way. Developing strong technical skills within your staff all starts with appropriate training. Digital contract management Procurement contracts can be complex.

Buyer Training 52

Buyer Training Purchasing Training Optimal Sourcing Price Mitigation Strategies 52

Supply Chain Shaman

JUNE 29, 2022

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. The impact varies by supply chain sector and value chain. These are our weakest links.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Pricing Training 259

SCMDOJO

APRIL 11, 2025

Is inventory bloating your costs? A scorecard acts as your dashboard, providing crucial visibility that helps you: Make Data-Driven Decisions: Replace guesswork with facts when evaluating suppliers, processes, and inventory levels. Improve Efficiency: Understand process timelines and inventory holding to streamline operations.

Pricing Training 72

Pricing Training Optimal Sourcing Purchasing Skills Negotiating Skills 72

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

APRIL 24, 2025

However, if the buyer wants to buy complimentary solutions, buying and combining solutions might make sense. In the Gartner Top 25 methodology, we find that 59% of the Top 25 winners score below their peer group on average revenue growth, 41% below inventory turns, and 41% below Returned on Capital Employed (ROCE). The reason?

Gartner 195

Gartner Supply Chain Planning Software Supply Chain Planning Scenario Planning 195

RFgen

JANUARY 16, 2025

That’s where manufacturing inventory management software comes in. We’re talking real-time tracking, automated purchasing, and a whole lot less stress. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software.

Inventory Management Software 52

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

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. We explore the concept of holistic inventory strategies focused on the form and function of inventory. 85% of inventory decisions are not managed in Advanced Planning Solutions. Only 15% of inventories are safety stock. Lack of executive buy-in.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Enchange Supply Chain Consultancy

JUNE 19, 2024

Customer Preferences: Analyse customer behaviour, preferences, and buying patterns. Understanding cost to serve is critical before commencing distributor negotiations. Training and Development: Assess the need for training programmes to enhance team skills and competencies.

Negotiating Skills 260

Negotiating Skills Supply Chain Planning Software Resource Reduction Inventory Management Software 260

Supply Chain Shaman

FEBRUARY 1, 2024

This is why I host training twice a year to challenge existing technology paradigms. Rolling up a perpetual inventory signal takes eleven hours. days to get a perpetual inventory signal and 2.2 days to receive a purchase order confirmation. The average purchased order changes 3.5 Yes, the class is now closed.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

SCMDOJO

OCTOBER 30, 2024

Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts. Preparing the next generation to excel in this dynamic field requires more than traditional education methods.

Supply Chain Planning Software 97

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

Logistics Viewpoints

FEBRUARY 22, 2021

Govindarajan : Our previous Supply Chain Purchasing and Inventory Management tools were not enabling us to solve business challenges, we pivoted to Manhattan’s Demand Forecasting and Inventory Optimization software. Through Demand Forecasting and Inventory Optimization (DFIO), the tool provided all the capabilities in one spot.

Forecasting Software 46

Forecasting Software Supply Chain Planning Software Optimization Software Supply Chain Design Software 46

Logistics Viewpoints

MAY 11, 2023

In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Inventory management Another area where digital twins can be beneficial is inventory management. Simulation is the most widely used benefit of a digital twin.

Modeling 307

Modeling Analytics Software Supply Chain Design Software Optimization Software 307

GlobalTranz

JANUARY 16, 2019

Protect Inventory You can’t function as a business without a well-stocked inventory. Hiring people and training them costs you time and money. Cross training and productivity seminars should be offered to current workers to further increase efficiency. Do you buy a forklift, or just rent it? Download WhitePaper.

Cost Reduction Strategies 300

Cost Reduction Strategies Expense Reduction Waste Reduction Vendor Strategies 300

ivalua

MAY 10, 2025

Contract Lifecycle Management (CLM) and Approvals Procurement technology enables you to streamline the entire contract lifecycle, from authoring and negotiation to approval and renewal. Automated workflows accelerate review cycles, while AI-powered tools surface risky clauses and non-standard terms early in the process.

Procurement Solutions 130

Procurement Solutions Sourcing Strategies Optimal Sourcing Analytics Software 130

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. Essential technology solutions, including Warehouse Management Systems (WMS), Inventory Management Systems (IMS), and the transformative power of IoT and automation.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Procurement Academy

APRIL 24, 2025

Procurement professionals focus on sourcing goods and services, negotiating with suppliers, and managing contracts. It involves sourcing the right suppliers, managing tenders, negotiating contracts, and ensuring value for money. It includes procurement but also spans logistics, production, inventory management, and distribution.

Optimal Sourcing 52

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

Supply Chain Game Changer

JUNE 6, 2025

Look for software with: Intuitive Dashboard Easy Navigation Minimal Learning Curve A user-friendly interface ensures that your team can get up and running quickly without extensive training. Security Features With cyber threats on the rise, security is non-negotiable.

Supply Chain Planning Software 69

Supply Chain Planning Software Analytics Software Supply Chain Software Optimization Software 69

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” Instead, in the SanDisk journey , they adjusted the speed of response to their customer segments, and actively designing inventory postponement strategies. The discussion of customer-segmented supply chains happens often. Why does it matter to you? It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Where customers receive products is not usually negotiable. Timing when stores need replenishment or when factory production will increase its demand, will likewise have better forecasting software to lower the overall waste in our inventory and retail systems. Green Supply Chains – The Right Place at The Right Time.

Supply Chain Design Software 246

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 246

Supply Chain Shaman

SEPTEMBER 13, 2023

If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain. Or planned orders to purchase orders?)

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

Jaggaer

FEBRUARY 5, 2025

Negotiation & Contract Award – Once a supplier is selected, the process of finalizing the award and drawing up the contract begins. Moreover, the negotiation phase often involves delicate discussions around terms, risk allocation, and contingencies, which are better handled by human intelligence.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

AFFLINK

JANUARY 13, 2025

For businesses with seasonal inventory, estimating yearly demand fluctuations with reasonable accuracy can be both challenging and costly. After all, over-estimating can lead to inventory surplus and associated warehousing costs. Under-estimating, on the other hand, can mean significant losses in revenue.

Predictive Analytics 48

Predictive Analytics Inventory Reduction Inventory Management Software Procurement Analytics 48

Supply Chain Shaman

APRIL 1, 2015

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

SCMDOJO

MAY 30, 2025

From rerouting products because of a port shutdown to negotiating new terms with a vendor, speed and precision are paramount. A lack of understanding can lead to misdirected shipments, sitting containers, or wasted inventory. Audio translators do away with the lag time required to find bilingual employees or interpreters.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Negotiating Skills Modeling Software 59

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is reordering stock in the right quantities, at the right time. Too much inventory can increase costs, limit cash flow, and leave you with expired stock. In this inventory replenishment guide: What is inventory replenishment? Bulk buying can also provide leverage for discounted delivery costs.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Supply Chain Shaman

JANUARY 9, 2024

An average margin of 21% with inventory turns of 1.58 As shown in Figure B, the company improved cash-to-cash through the extension of payables, but never improved inventory levels after the spin-off from Kraft. Typically, the inventory values used in the triangle are safety stock. Struggling, they are not sure what to do next.

Supply Chain Planning Software 386

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 386

Logistics Viewpoints

JUNE 1, 2023

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 270

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 270

SCMDOJO

SEPTEMBER 18, 2023

Here is a list of some common procurement synonyms: Sourcing Acquisition Purchasing Buying Procuring Acquiring Obtaining Securing Obtaining Stocking Resourcing Attaining Gaining Fetching Obtaining Now let’s get into the meanings of some of these synonyms for procurement: 1.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105