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The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

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16 Cost Reduction Strategies in Inventory Management

Unleashed

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that To achieve this the customer shares information on sales and product needs with the supplier, who is then able to ensure the correct amount of inventory is supplied. that are each proven to reduce a company’s costs.?

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

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Seven Misconceptions on Managing Inventory in a Market-Driven World

Supply Chain Shaman

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.” The supply chain is a complex system with increasing complexity.

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Why Have We Not Reduced Inventory?

Supply Chain Shaman

“If only I had the money that the company was supposed to save from the multiple ERP and supply chain projects. This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I really do.

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CSR Leaders Work With UNGC To Drive Corporate Attention On Supply Chain Sustainability

EcoVadis

Before the United Nations Global Compact Leaders Summit in New York City June 22, a pre-conference roundtable session on supply chain sustainability was held at the UN Headquarters. EcoVadis Senior Account Executive Daniel Perry was invited by UNGC to present, and has reported here on the discussions and outcomes of the workshop.

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What About Them Apples?

Supply Chain Shaman

Higher spikes for lumber and building supplies. A shortage of pharmaceuticals in Puerto Rico. I know of few areas in supply chains discussion that raise as much dialogue or ire. ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.”