Supply Chain Matters

MAY 31, 2024

What has especially garnered my attention was a report published in The Wall Street Journal’s CIO Journal column , Sorry AI, Old-School Spreadsheets Are Still King. Paid subscription ) The essence of this report is that business organizations continue to rely on spreadsheets, and they are not moving away from the use of these tools.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Modeling Software Supply Chain Network Software 52

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Overcome supply chain challenges – and maximize margins in the face of inflation – with retail planning software and demand forecasting tools. Wall Street Journal ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Precoro

SEPTEMBER 4, 2023

However, software firms, insurance companies, and brokerage businesses have a negative cash conversion cycle because they realize sales without heavily relying on inventory. Cost of goods sold (COGS) is the total cost of producing or purchasing the goods sold during the same period. Prevention of human errors.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

DELMIA Quintiq

SEPTEMBER 28, 2014

An article from The Wall Street Journal mentioned a research by the Hackett Group that showed actual financial benefits in business relationships with diverse suppliers. billion, with non-diversity companies accounting for nearly 80% of that purchasing power. Greater return on investments. Access to a whole different network.

Optimal Sourcing 318

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 318

Unleashed

JUNE 1, 2023

In this article, we explore a popular solution: the perpetual inventory system. Benefits of a perpetual inventory system Perpetual inventory systems, along with supporting barcodes and scanners , enable you to quickly input inventory information as purchases are made and inventory is sold. Software integration.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. We’ll discuss robotics solutions in more detail later in this guide. Advanced and predictive analytics.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Proxima

FEBRUARY 25, 2022

Impacts from the fashion industry include over 92 million tonnes of waste produced per year and 79 trillion liters of water consumed, according to a study by Aalto University in Nature Reviews Earth & Environment journal. The current system is broken, and retailers are central to finding a solution. New digital tools.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Modeling Software Industrial 52

Arkieva

JULY 25, 2016

Continuing growth in ecommerce is fueling a tight market for distribution and fulfillment centers space, either leased, purchased or through a partner, as companies look to expand their networks to meet growing consumer demand for rapid parcel delivery. Source: Journal of Supply Chain Management. Source: Multichannel Merchant.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

Precoro

APRIL 22, 2024

Leverage Modern Cloud-Based Procurement Software One of the most impactful ways for SMBs to improve their overall financial operations is by optimizing their procurement process. After all, purchases are a large part of company finances.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

Supply Chain Opz

APRIL 1, 2018

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Best Logistics Books are as below: 1.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 77

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Founded in 1963, NCPDM represents the outbound side of logistics and the National Association for Purchasing Management (NAPM) represents the inbound side. Inventory optimization Tool.

Supply Chain Planning Software 133

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 133

ModusLink Corporation

NOVEMBER 18, 2021

Four fundamental practices: Based on (Ali Esfahbodi, 2016) research, Chinese and Iranian governments have focused their fight for SSCM based on four fundamental practices: sustainable procurement, sustainable production along with sustainable distribution , and reverse logistics. International journal of production economics (Vol.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Jaggaer

JULY 28, 2020

Every year, more than 250,000 public authorities in the European Union spend around 14% of GDP (around €2 trillion per year) on the purchase of services, works and supplies. On the one hand, public sector procurement needs to comply with a variety of local, national and federal rules. What is a Dynamic Purchasing System?

Procurement Solutions 75

Procurement Solutions Optimal Sourcing Procurement Demand Planning Software 75

Talking Logistics

APRIL 8, 2016

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. McLeod Software Unveils New Business Process Automation Solutions for Logistics Companies. Same-day delivery from Best Buy is available on orders placed through its website, not on purchases made in stores. Analysts at Stifel Inc. Hub Group Inc.,

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Guinea 100

Enterra Insights

MAY 16, 2022

Andrew Kinder ( @Kinder_ai ), a Senior Vice President of industry and solution strategy with Infor, insists, “COVID-19 has taught manufacturers a bitter lesson. ” Because finding solutions is difficult, there is obviously no way I can discuss all suggested remedies in one short article. ”[2].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Alloy Supply Chain Software 130

Enterra Insights

AUGUST 2, 2019

He was hired as a purchasing agent and was directed to obtain some procurement training at a local certificate mill.[1] 1] “During the first few hours,” he writes, “we went over the pertinent areas of a purchase order. What About Your Logistics? ,” The Wall Street Journal , 27 May 2015. [4]

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Logistics Network Optimization Software Logistics 100

Talking Logistics

APRIL 7, 2016

Some solutions are becoming broader, more integrated, and feature-rich (multi-mode, multi-geography, complex optimization), while others are offering more limited capabilities, but with a stronger focus on ease of use, faster deployment, affordable and transparent pricing , and meeting the needs of the small and mid-sized business (SMB) market.”.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Agile simply means, according to agilemethodology.org: Agile methodology is an alternative to traditional project management, typically used in software development. The Journal notes that UTC plans a $1.5

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

NC State SCRC

FEBRUARY 17, 2019

A number of potential solutions have been suggested with the rise of social media and e-markets, including provider and supplier consolidation, public websites documenting healthcare costs, reimbursement levels and integration with electronic medical records as part of its elements.

Negotiating Skills 53

Negotiating Skills Purchasing Skills Material Savings Negotiate Pricing 53

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

NC State SCRC

JUNE 15, 2021

The SCRC’s Supply Management Maturity Index was highlighted in a recent Wall Street Journal article , that identified the companies best prepared to weather the storm ahead in terms of supply chain disruptions. Let me describe the two categories highlighted in the journal article. Manufacturers or the U.S. Descriptions.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Supply Chain Matters

AUGUST 22, 2022

CEO Doug McMillon indicated at the time that consumers were being impacted by the effects of high inflation and were purchasing more affordable food and groceries, shunning discretionary purchases. According to reporting by The Wall Street Journal , inventory levels at Kohl’s rose 48 percent compared to year ago levels.

Inventory Management Software 52

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

Jaggaer

JULY 16, 2020

As the Department of Education, along with state education departments around the country, begin issuing recommendations for return to school plans , procurement teams are left asking what’s next for them. Each school is left making complex decisions, and the impacts on procurement planning are constant. Full Return to Campus.

Procurement Solutions 52

Procurement Solutions Negotiating Skills Purchasing Skills Resource Reduction 52

ToolsGroup

OCTOBER 20, 2015

With the transformation, Costa also added a new logistics partner, IT system, and purchasing process - all simultaneously. A demand-driven planning solution forecasts Lennox’s intermittent and volatile demand, optimizes multi-echelon inventory, sets inventory targets, and helps achieve service level targets while managing working capital.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

USC Consulting Group

DECEMBER 5, 2018

But as buyers bolt to malls to take advantage of last-minute deals and purchase gifts online, manufacturers here and abroad are navigating a holiday rush all their own. and China , a conflict that has complicated raw material procurement practices, Logistics Management reported.

Manufacturing Procurement 56

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Manufacturing 56

Supply Chain Matters

APRIL 24, 2023

Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. Plans reportedly call for the facility to be operational by 2027. Factors that reportedly influenced this automaker were the U.S. Separate and Related Development Last week the U.S.

Canada 52

Canada Procurement Analytics Manufacturing Procurement Purchasing Skills 52

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. Executive Departures. Bob Ferrari. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

NC State SCRC

JANUARY 15, 2016

An article published in the Wall Street Journal identifies what I have been saying for years now… Supply chain talent is a hot commodity! People need to have the ability to explore, use new tools, and tackle new problems in a safe environment. That is how learning takes place.

Supply Chain Planning Software 40

Supply Chain Planning Software Procurement Analytics Supply Chain Software Purchasing Skills 40

KEPLER Consulting

DECEMBER 11, 2019

Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . This approach impairs flexibility to cope with the hazards of the various downstream systems (production tool, customer demand, etc.). Cumbersome processes with no added value. Thesis, Northwestern University, 2002.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 91

Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

Supply Chain Matters

OCTOBER 20, 2023

They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. Both Bloomberg and The Wall Street Journal indicated in their reporting that such comments marked a distinct change in tone for Musk, who indicated last year that Tesla was a company that was “ recession resilient.”

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Requis

OCTOBER 31, 2019

The Investment Recovery Business Journal Vol 5, 2019. [Ed. From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. By Loïc Coyot. This article originally appeared in Asset 2.0: Up in the clouds.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

The Investment Recovery Business Journal Vol 5, 2019. [Ed. From asking Siri to set your alarm to using predictive text when searching online and making a purchase–– artificial intelligence and machine learning have made our lives easier and more efficient. By Loïc Coyot. This article originally appeared in Asset 2.0: Up in the clouds.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Precoro

JUNE 7, 2023

A month-end close process includes reviewing journal entries, reconciling accounts, creating financial statements, and finalizing the accounting data for the month. Generate an aged debtors report (it is usually available within the accounting software) and follow up with the customers who did not make payments by the due date.

Procurement Solutions 98

Procurement Solutions Purchasing Skills Procurement Analytics Optimal Sourcing 98

Requis

MAY 22, 2020

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Meanwhile, salespeople for suppliers were trying to work around procurement. For example, there are around 200 startups for procurement analytics. He is the editor emeritus of the Journal of Operations Management.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52