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

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

GlobalTranz

OCTOBER 6, 2021

Proper vetting of carriers helps ensure risk management, and creates a re liable network for future growth, scalability and flexibility. . Focusing on the transportation metrics that have the greatest impact on the supply chain can help managers stay attentive to both short-term and long-term goals and needs. .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

ShipBob

DECEMBER 28, 2022

What is procurement? This process is known as procurement. Procurement covers everything from placing orders to tracking shipments and auditing deliveries. What’s the difference between procurement and sourcing? If you’re still confused about the difference between procurement and sourcing, that’s okay!

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. But why is liquidity management so important? The importance of liquidity management Liquidity management plays a significant role in various processes.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Logistics Viewpoints

SEPTEMBER 19, 2023

Balancing supply and demand by orchestrating the flow of materials and information is a key requirement for managing operational risks. Metrics such as lead-times, forecast accuracy, inventory levels, and service are used to measure operational risks. Nari Viswanathan is currently Sr.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 231

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It takes into account sales and production costs, along with any additional fees required to ship a product to the end consumer. Landed is the total cost of a product after it has been shipped to a customer. What factors go into landed cost?

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows. We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

MARCH 18, 2018

Snow fell last night as I worked on my last Supply Chain Metrics That Matter report. The concept of the Effective Frontier is that best in class companies align functional metrics to balance growth, cost, inventory and Return on Invested Capital (ROIC) performance while balancing customer service metrics. The Effective Frontier.

Optimal Sourcing 169

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Design Software 169

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. 95% of supply chain executives report having a formal supply-chain risk-management process following Covid-19. Accenture ). McKinsey ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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

Arena Solutions

FEBRUARY 4, 2022

By extending collaboration across all tiers of the supply chain, information can be exchanged more efficiently—resulting in improved component forecasting, shorter lead times, streamlined procurement processes, and increased productivity. Have you implemented a disaster recovery and risk management plan?

Supply Chain Design Software 78

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 78

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. percent to 4.5

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

SCMDOJO

JUNE 6, 2023

When businesses align production and procurement schedules with demand, they optimize their supply chain processes. Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. It does this by identifying seasonal trends and demand patterns.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

AFFLINK

FEBRUARY 15, 2017

Successful supply chain management requires a company to recover from disruptions, which are a normal part of any business. The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Short-Sighted Risk Management.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

Supply Chain Matters

OCTOBER 12, 2022

On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth, and the third fastest rate of price contraction in the history of the index. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

ThroughPut

FEBRUARY 23, 2024

You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes. Optimize delivery routes, improve freight operations, and propose the best shipping methods to you. What can help? AI for sure.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Matters

AUGUST 8, 2022

Interestingly, the downshifts we observed in transportation metrics were much more muted in the last week of July, leaving open a possibility for a bit of recovery as we move towards peak season. Warehousing and Inventory metrics continue to buoy the logistics sector. that we have not seen since April of 2019.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Unleashed

MARCH 28, 2021

We’ll define this crucial management concept and explain how you can implement and improve supplier relationship management to leverage business success. What is supplier relationship management? Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

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. Analysts can make better suggestions to prevent and deal with these problems in the future by reviewing the challenges.

Prescriptive Analytics Software 52

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

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. SLAs should cover key metrics such as on-time delivery, order accuracy, inventory accuracy, and customer service responsiveness.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Supply Chain Game Changer

JANUARY 12, 2021

A partial, but in no way complete, list of areas that could be vulnerable to scams and fraud include: The Procurement bidding process and business awards Supplier legitimacy Supplier selection Costing Pricing False commitments Stock rooms, warehouses and any inventory holding points High value goods High market demand goods Trucking, shipping and goods (..)

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 57

Unleashed

DECEMBER 21, 2023

In this guide: What are inventory management solutions? Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

6 River Systems

JUNE 10, 2019

If the right technology is infused with your warehouse and inventory management processes, it can greatly streamline your entire operations and grant value to your organization. To survive the increasing customer demands you need shorter lead times and faster shipping and delivery times. Supply chain is a critical point of entry.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

The Logistics of Logistics

JUNE 7, 2019

Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers. The most important measure is the Paydex metric. Transactional shippers typically don’t ship much and they don’t commit to any one logistics company. Risk Management. A focus on risk mitigation is key.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

HICX Solutions

MARCH 3, 2022

In our latest webinar, in association with Procurement Leaders and featuring Costas Xyloyiannis (CEO, HICX) and Jerry Grable (Director eBusiness, BAE Systems ), we discuss a range of use cases that illustrate specifically how supplier data drives resilience, visibility and value. However, the problem continues to persist. Measuring outcomes.

Data 52

Data Sourcing Strategies Optimal Sourcing Analytics Software 52

6 River Systems

JUNE 29, 2020

” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4. “Supply chain resiliency is best supported by a clearly defined risk mitigation governance structure that is aligned to the strategy of the organization. Apply a supply chain stress test. ” — Michael Varney and Wil G.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

NC State SCRC

DECEMBER 8, 2019

This included: Developing playbooks and contingency plans to address your most pressing risks. Evaluate structural changes in your supply base that could reduce risk exposure. Go digital: Explore the potential of dedicated supply chain risk management solutions. I told him I needed it NOW, not in a week.

Supply Chain Design Software 52

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

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. The most important measure is the Paydex metric. Risk Management.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

Recently, a shipping manager asked me what selection criteria he should use when selecting a 3PL. As a sales guy for a 3PL I am always anxious to impress shipping managers, so I created the following 9 things to consider when selecting a 3PL. The most important measure is the Paydex metric. Risk Management.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. Talent Management. BigDataEdge – Insights Management. BigDataEdge – Insights Management. ProcureEdge – Sourcing & Procurement. SmartGridEdge – Smart Grid Management. TalentEdge – Talent Management.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28