article thumbnail

The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

article thumbnail

Inventory Management Solutions & Strategies [Ultimate Guide]

Unleashed

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions? However, automated systems come with risks as well.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Xero Inventory Software: Read This Before You Invest

Unleashed

While the platform offers some inventory features of its own, many businesses will require something with greater functionality. In this article, we break down native Xero inventory management and compare it with using an integrated Xero inventory software system. Do you need integrated Xero inventory software?

article thumbnail

Are You Caught in Word Salad Dribble?

Supply Chain Shaman

His comments are the same–he feels that I identify problems but do not adequately define the solutions. This is why I host training twice a year to challenge existing technology paradigms. He feels that based on his years of experience with a software provider, he has a whizzbang technology. He wants answers.

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. The systems–based on shipment and order data–were out of step with the market. Also, the solutions lacked flexibility. Instead, rethink the model and the approach.

article thumbnail

Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

Companies became less clear on the definition of supply chain excellence and how to implement decision support technologies. The financial teams, and the Information Technology (IT) groups, did not see alignment gaps, but the supply chain teams felt them and viewed them as a critical performance issue. Functional Metrics.

article thumbnail

Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. During the pandemic, conventional planning systems were inadequate. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. Despite spending 1.1%