SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Vendor Managed Inventory (VMI): VMI is a collaborative approach where suppliers manage inventory levels for their customers. Optimize the process where required based on feedback and performance.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Supply Chain Shaman

JUNE 6, 2013

Closing the gaps happens when there are aligned metrics, clarity of vision and aligned planning processes. It combines decisions across sell, deliver, make and source processes to drive value based outcomes. Most companies operate well within functions, but struggle to build strong horizontal processes. They lack cohesion.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 278

QAD

OCTOBER 4, 2023

With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems. Supply chain analysis software allows businesses to incorporate data from numerous sources, including parts of their supply chain and data from third parties.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Taulia

OCTOBER 20, 2021

This encompasses sourcing raw materials from suppliers, the movement of materials through the relevant manufacturing operations, and the distribution of finished goods to consumers. As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. But ‘lean’ is a very broad concept and the ways that manufacturers ‘go lean’ vary considerably. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Automating these practices reduces workforce and expedites decision-making process for managers.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Game Changer

MAY 18, 2021

The risk of extended Supply Chain disruption due to impacts to nature is significantly impacted in these industries: chemicals and materials; aviation, travel and tourism; real estate; mining and metals; supply chain and transport; and retail, consumer goods and lifestyle.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Design Supply Chain Strategy Supply Chain Software 64

Supply Chain Game Changer

NOVEMBER 12, 2018

The responsibilities, metrics, skills, strategies and mandates for each function can cause people to put their functional focus ahead of the greater company objectives. Manufacturing/Operations. The Supply Chain team manages the flow of goods and materials and the transportation and logistics to move those goods.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 43

QAD

MARCH 30, 2021

This latest release further enhances our Cloud ERP capabilities and our customers’ ability to boost business intelligence, innovation and business agility required by today’s manufacturers. For QAD Adaptive ERP and QAD Adaptive Applications, the latest enhancements include: Effective Enterprise Management. Digital Manufacturing.

Manufacturing Procurement 77

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 77

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. The landed cost metric is helpful for businesses because it produces an accurate picture of a product’s total cost. Some manufacturing accountants include production costs in the calculation, while others do not. Does landed cost include tax?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. Unlike a 4PL, however, it won’t manage the paint maker’s entire supply chain. What is 4PL? What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Unleashed

JUNE 23, 2021

For manufacturers and other organisations looking to improve their inventory management processes, cloud technology represents a major opportunity – especially when it comes to remote working. This means faster shipping times, and lower transport costs. Read more: The 10 Procurement Metrics that Matter in 2021.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

6 River Systems

DECEMBER 11, 2018

Logistics personnel and supplier management pointers. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Logistics strategies for streamlined fulfillment. Integrating automated collaboration.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Logistics Bureau

OCTOBER 28, 2020

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. The pandemic starkly highlighted the need for companies to have back-up suppliers.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 69

Logistics Bureau

OCTOBER 28, 2020

Confusing Strategic with Single (Sourcing). Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. The pandemic starkly highlighted the need for companies to have back-up suppliers.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 52

Logistics Bureau

OCTOBER 30, 2017

Inventory management. Purchasing and supplier management. Production/manufacturing. Transportation. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. Warehousing. Let me try to clarify.

KPI 94

KPI Guinea-Bissau Virgin Islands Papua New Guinea 94