Supply Chain Shaman

JULY 30, 2022

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). The problem is that warehouses are full. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Logistics Bureau

FEBRUARY 6, 2023

Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome? Well, we know a few supply chain managers who, having made some of the mistakes covered by this article, would attest to the potential for difficulty.

KPI 83

KPI Supply Chain Strategy Supply Chain Software Supply Chain Design Software 83

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. When you know the value, location, and quantities of your stocked items you’re in a better position to make informed decisions around procurement and sales – ultimately resulting in reduced production costs and improved profitability.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation. When all functions are jointly focused on improving these metrics, then we can have one team.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. This is effectively a “snapshot” in time. and “What is the potential return on investment?”

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

GlobalTranz

DECEMBER 29, 2014

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. We thank all of our readers who have read our posts. Read the full Post. Read the full Post.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Supply Chain Shaman

OCTOBER 8, 2019

The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The design of the conference includes tours of several modern warehouses and centers of excellence. No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Decarbonization, which means reducing the amount of carbon in greenhouse gas emissions, can help in improving our present condition. In the case of manufacturers, it means procuring green and sustainable raw materials. Sustainable warehousing.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. Introducing innovative supply chain practices may require integration with existing systems, such as enterprise resource planning (ERP) software or warehouse management systems (WMS).

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Gather global commodity prices and planned global procurement to drive procurement to best prices.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

ThroughPut

OCTOBER 16, 2022

Inventory optimization aims at arriving at the right amount of inventory that is sufficient to meet present and future forecasted demand. Also,they need to keep a track of the goods which are in transit and not just those which are in stock at the warehouse. Key Pillars of Supply Chain Inventory Optimization. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Unleashed

JANUARY 10, 2023

Or, if you’re a middle-man retailer or wholesaler, how you manage your warehouse. Either way, the first thing you should do is establish metrics and KPIs. Supplier optimisation Supplier optimisation involves sourcing and procuring the best vendors for the various parts, products, software, and services you need to run your business.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Supply Chain Game Changer

OCTOBER 8, 2019

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Why Disintermediate the Supply Chain? Conclusion.

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

Enterra Insights

JULY 28, 2020

” Alex Saric ( @alexsaric ), a procurement expert at Ivalua, told Eason, “There is a huge appetite to develop cognitive supply chains, which is only set to increase as more success stories come to light. But for many, achieving a fully cognitive one is currently just a pipe dream because of poor quality data.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Zipline Logistics

JANUARY 10, 2023

Starting his career in carrier procurement and management within a Fortune 100 logistics company, Lynch has held positions of responsibility in all areas of third-party logistics. Forward-thinking brands are tracking crucial metrics to illuminate their supply chains and find control. Andrew Lynch x Authority Magazine Interview.

Supply Chain Software 52

Supply Chain Software Security Supply Chain Strategy Logistics Network Optimization Software 52

Resilinc

OCTOBER 11, 2022

There are a lot of hard-headed realists in the procurement and supply chain profession. Industries that are facing the biggest labor shortages are construction, transportation, warehousing, hospitality and local service businesses like salons and dry cleaners—all staffed by a significant proportion of immigrants.

Manufacturing Procurement 62

Manufacturing Procurement China South Carolina Mexico 62

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Precoro

SEPTEMBER 2, 2022

However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. It pays off to develop a procurement strategy, hire a team of professionals, and acquire necessary technologies early on. Being prepared allows for efficient and timely execution of procurement functions.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Jaggaer

NOVEMBER 8, 2018

You already know that accurate data is vitally important to your procurement team. According to JAGGAER’s 2018 Digital Procurement Report , technologies related to data analysis are the most valued and desired pieces of technology among respondents. The Data Warehouse is the future of data management for your procurement suite.

Optimal Sourcing 40

Optimal Sourcing Sourcing Data Warehousing 40

IQMS

JULY 11, 2019

Machine learning is predicted to reduce costs related to transport and warehousing and supply chain administration by 5 to 10% and 25 to 40%, respectively. Honeywell is integrating AI and machine-learning algorithms into procurement, strategic sourcing and cost management. Supply chains are the lifeblood of any manufacturing business.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

NC State SCRC

NOVEMBER 5, 2016

Contract analytics can provide a summary view on performance and pricing deviations, risks, statistics (expiry, renewal and pending), procurement and sales metrics. Our analysis provides insights into how we have to operate to achieve the outcome, as well as scorecards and metrics that require additional analytical insight.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

ShipBob

APRIL 15, 2024

That’s why you need to closely measure metrics such as gross margin return on investment (GMROI). This metric doesn’t just account for the cost of buying inventory. These two metrics can be calculated using their respective formulae. ShipBob provides a lot of distribution metrics, and everything presented is useful.”

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Logistics Bureau

AUGUST 1, 2022

To understand that, we must first recognise that many of the emotional qualities required for successful S&OP are not naturally present across the functions of an enterprise or organisation. Warehouse capacity utilisation. Delivered on time and in full (DIFOT). Supply chain cycle times. Inventory turns.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

ShipBob

NOVEMBER 15, 2021

Rather, with time and planning, you can research the most cost-effective supply chain solutions, and factor in hidden logistics costs that you might not remember to budget for otherwise (such as labor, warehouse insurance, and equipment). Procurement and manufacturing. Warehouse management. Logistical Process. Planning tips.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

NC State SCRC

DECEMBER 8, 2019

I also provided an early look at one of the supply chain physics laws that I will be working on with my colleague Tom Linton, who also presented at the conference: Supply Chain Physics Law 3 : Shorter distances between parties in the supply chain improve efficiency, communication, and speed of execution. and will operate more efficiently.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Design 52

Precoro

DECEMBER 12, 2023

Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro. The startup that immediately chose Precoro For the first few months after Electra was founded, like many startups, the team had a manual procurement process and used spreadsheets.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

SCMDOJO

JANUARY 23, 2023

List of Top 10 Supply Chain Analytics Books 1) Supply Chain Metrics that Matter (Wiley Corporate F&A) 1st Edition This book offers an in-depth guide to understanding the link between corporate financials and supply chain maturity, evaluating the progress of over a hundred companies from 2006-2013.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Logistics Viewpoints

JANUARY 23, 2024

The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, robotics, and machine learning, to name a few. For the end consumer, it creates a snapshot of traceability from procurement to delivery.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. The Stratum data hub collects, organizes and stores data from multiple sources and serves as a single version of the truth for helping our clients analyze performance KPIs and metrics across their businesses.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. Get OUR EBOOKS HERE. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Unleashed

JUNE 23, 2021

Multi-warehousing efficiencies. Warehouse automation. And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

Inventory Management Software 80

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

Unleashed

NOVEMBER 20, 2023

Being able to get traceability on the material, understand when the available dates are and whether it’s in the warehouse, whether it’s due or not … these are all the big things for us that create bottlenecks.” He offers this example: “[One of our clients has] a sizable warehouse, lots of SKUs, and a very good warehouse manager.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 52

6 River Systems

DECEMBER 11, 2018

“With better communication tools present, businesses can also build their collaborative rapport across the supply chain to eliminate confusion. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Unleashed

JULY 10, 2023

S&OP aims to establish an integrated plan for the following activities: Sales Marketing Finance Production Procurement Supply chain management Inventory management Demand planning Inventory planning Materials planning S&OP is designed to ensure all the different business teams are working together to maximise efficiency and profitability.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

Taulia

JUNE 26, 2023

During this step, you first need to decide on supply chain objectives and specify the metrics that will be used to monitor progress toward them. Then, move on to build your supply chain to suit those metrics. At this stage, the priority is to make sure that the materials or components supplied meet the required standards.

Supply Chain Planning Software 52

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