GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. Your company has started the lean journey, but how do you sustain it? How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior? Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

The Logistics of Logistics

DECEMBER 1, 2023

Automated Freight Procurement & Sourcing: Efficiently match loads with carriers for the best available rates. Optimized Load Planning: Automate daily load planning, matching loads to carriers and creating cost-effective plans. Scalable & Smart TMS: Learn and adapt over time, improving efficiency and performance.

Optimal Sourcing 217

Optimal Sourcing Supply Chain Planning Software Optimization Software Analytics Software 217

ShipBob

OCTOBER 1, 2021

This question is at the heart of any lean supply chain strategy. By implementing the right process improvements, technology, and efficiency optimizations, merchants can create a lean supply chain that: Significantly cuts their logistics costs. What is a lean supply chain? Why retailers are creating lean supply chains.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

The Logistics of Logistics

JULY 7, 2023

About Supply & Demand Chain Executive Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.

Logistics Network Optimization Software 234

Logistics Network Optimization Software Food Manufacturing Procurement Supply Chain Software 234

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. As a first step, we’re operating a “lean” Control-Tower within our supplier relationship management system.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

GlobalTranz

FEBRUARY 17, 2016

In order to avoid excess inventory and keep your business lean, you must understand the pace of movement of each product. Another great way to look at warehouse cost reductions is to follow what Ernst & Young calls the "End to End" Planning and Fulfillment Network , which goes in line with the next section, Lean Principles. .

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Have inventory management.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

ModusLink Corporation

APRIL 22, 2024

End-to-end management of component procurement, inventory management, and JIT delivery. Cost Efficiency and Value Optimization: Economies of scale realized through global procurement and resource pooling. Cost-saving initiatives such as lean manufacturing and waste reduction strategies.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

AFFLINK

NOVEMBER 5, 2019

Food service companies need to be able to procure supplies quickly in order to operate, and the cost of their supplies directly impacts their bottom line. When operating with lean profit margins, it becomes even more important for companies to improve their supply chain. Begin with an Internal Assessment.

Purchasing Skills 54

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 54

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson. another industry leader.

Supply Chain Planning Software 52

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

BlueYonder

OCTOBER 6, 2023

Breaking Down Barriers Between Planning, Procurement and Logistics: The existence of isolated supply chains between procurement, planning, and logistics can lead to latency, reduced responsiveness, expedited processes, excess inventory, and substantial inefficiencies.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

Ware2Go

JANUARY 7, 2022

Recent supply chain disruptions , including images of cargo ships stuck off the West Coast , have led eCommerce shops to rethink their just-in-time and just-in-case procurement strategies. As a result, procurement must decide when and whether to rely on just-in-time or just-in-case models for purchasing and managing stock.

Just-in-Time 52

Just-in-Time Optimal Sourcing Manufacturing Procurement Supply Chain Disruption 52

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Adopt performance metrics for carriers.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Unleashed

APRIL 18, 2024

Just-in-time and lean manufacturing Just-in-time manufacturing and lean manufacturing are two pivotal strategies implemented in modern production processes, which focus on manufacturing efficiency and waste reduction. Lean manufacturing and just-in-time systems work well together, as both strive to attain maximum efficiency gains.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

The Lean Supply Chain

FEBRUARY 13, 2015

Introduction Lean supply chain management is not exclusively for those companies who manufacture products, but by businesses who want to streamline their processes by eliminating waste and non-value added activities. Procurement. Businesses are looking to new technologies to assist them in improving procurement processes.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Lean Manufacturing Procurement Waste Reduction 40

Supply Chain Shaman

JUNE 14, 2018

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. The inadequacies of MRP is the genesis of the lean process of Plan for Every Part (PFEP).

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". Battle of the Forms: Will You Win, Lose or Draw? Naturally, a supplier relations conflict exists.

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Supply Chain Game Changer

NOVEMBER 7, 2019

In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. Source: Deloitte CPO Survey 2018. The Digital Procurement Ecosystem.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Freightos

APRIL 27, 2023

As more data sources get legible, whether it’s container ship movements, eAWBs or carrier rates , it can have incredible ramifications. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Logistics Viewpoints

AUGUST 11, 2022

It collects and stores data from a variety of sources. These sources may include electronic logging devices, telematics networks, mobile devices, RF devices, and GPS information from automatic identification systems for ship locations and NORAD for aircraft positioning. Your RTTVP provider should be able to assist either way.

Supply Chain Planning Software 232

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 232

QAD

AUGUST 12, 2021

Let’s cover just three areas where ERP drives greater sustainability: Responsible Sourcing – Manufacturing ERP systems support efforts to identify responsible, sustainable sources of materials. Lean techniques have played a key role over the years to improve operational performance and save money.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. There are several undeniable benefits of hiring purchasing managers, as they immediately affect various procurement KPIs.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

SYSPRO Smarter ERP

JUNE 6, 2022

Since 2000, businesses have implemented programs such as just-in-time (JIT) inventory and lean operations to improve profitability. Instead of JIT and Lean, the mantra should be Risk, Transparency and Resilience. However, these business models have led to unintended consequences, such as not getting inventory when it is needed.

Inventory Reduction 119

Inventory Reduction Optimal Sourcing Inventory Modeling 119

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

BlueYonder

OCTOBER 30, 2023

In order for logistics, procurement and distribution to align with the general advancements of the industry itself, these critical areas must give in to a more comprehensive transformation. The automotive industry has shown itself to be brave in recent times, in all areas but one: the supply chain.

Automotive 90

Automotive Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Planning Software 90

Supply Chain Matters

AUGUST 29, 2023

The company statement provided to business and industry media sources indicates: “ It is our understanding that the malfunction of the system was not caused by a cyberattack. However, we will continue to investigate the cause.

Supply Chain Planning Software 59

Supply Chain Planning Software Inventory Management Software System Japan 59

Logistics Bureau

DECEMBER 4, 2023

It was exalted worldwide and became a model for enterprises aspiring to achieve lean supply chains. However, considering those events, the company did adjust its procurement strategy, increasing engagement with alternative sources of supply. Over the course of around 15 years, the company perfected the strategy.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Synovos

FEBRUARY 21, 2023

From balancing costs to reliability, sourcing the right PPE to developing maintenance strategies, data on total cost of ownership to evidence of Environmental, Social and Corporate Governance (ESG), their concerns represent both longstanding issues and newer ones. “I The solution? Reliability. The challenge?

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

IQMS

JANUARY 21, 2021

Lean manufacturing techniques are made stronger when combined with sustainability foundations, as plastics manufacturers worldwide see today. A leading West Coast-based extrusion manufacturer, Fabricated Extrusion , is turning sustainability initiatives into a lean, competitive advantage by doing the following.

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Game Changer

MAY 12, 2020

Hey Procurement! This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. This interview is with Danny Wang, Vice President of Sourcing and Procurement at Canada Goose. We worked in the Commodity Management organization, responsible for Strategic Sourcing and Procurement.

Canada 66

Canada Manufacturing Procurement Negotiating Skills Purchasing Skills 66

QAD

AUGUST 17, 2023

You need to lean on the knowledge that are within the supply chain solutions for how you enable your suppliers and communicate with them and execute on the supply chain.” In this episode, Phil discusses what can happen when an organization starts thinking about procurement as a strategic function rather than a simple transaction.

Supply Chain Software 92

Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Strategy 92

Jaggaer

FEBRUARY 18, 2020

Supplier management has become increasingly cross-functional – various stakeholders outside of procurement will have a say for many more categories, requiring collaboration, knowledge sharing and complex approval processes; and. Shorter term contracts will enable you to re-source to achieve better value and/or to get a better price.

Negotiating Skills 103

Negotiating Skills Negotiate Pricing Manufacturing Procurement Purchasing Skills 103

SYSPRO Smarter ERP

JUNE 28, 2023

Large enterprises have long understood the benefits of ERP technology in essential processes such as procurement, planning and inventory control, but for smaller businesses, it can feel like an unnecessary or extravagant investment. However, there is a compelling case to be made for small businesses to consider implementing ERP software.

Analytics Software 98

Analytics Software Supply Chain Planning Software Vendor Strategies Inventory Management Software 98

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70