Supply Chain Shaman

OCTOBER 29, 2020

Yet, only 20% of companies actively manage supplier development programs to get cash to suppliers in need. Cash-to-Cash Metrics. Management of the cash-to-cash cycle is critical to maintaining working capital. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

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

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 90

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

HICX Solutions

FEBRUARY 15, 2024

Therefore, awareness of changes in global regulatory legislation and a focus on sustainable procurement have never been so important for organizations of all sizes. Preparing for supplier risk management Operating supply chains across continents increases their complexity and associated risks significantly.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

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

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. Warehouse staff can stay on top of their replenishment orders to minimize gaps in the supply chain. What can help? AI for sure.

Predictive Analytics Software 59

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

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

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.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

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 Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

SCMDOJO

APRIL 29, 2024

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. Warehousing: Warehousing involves the storage and management of inventory.

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Unleashed

MARCH 16, 2021

Creating procurement policies and procedures. Managing storage facilities and warehouse operations. There are many different needs a business has, from simple operational requests, such as a renewal for software – to the more complex, like the procurement of parts in order to manufacture a new product.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

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. Direct procurement is about buying anything needed to manufacture a product.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Unleashed

MARCH 23, 2021

This is where materials management comes in – and materials managers themselves. But what do materials managers do, and why are they important? What is materials management? Defining materials management. Inventory management is about a lot more than just keeping a tidy warehouse.

Material Savings 98

Material Savings Purchasing Skills Manufacturing Procurement Negotiating Skills 98

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 analysts absorb as much data as a company can offer and even recommend areas where they should collect more data.

Prescriptive Analytics Software 52

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

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

The Logistics of Logistics

JUNE 7, 2019

Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. 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. 3PLs that specialize in other services like air freight, sea freight, warehousing, etc. Specialization.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Unleashed

JANUARY 16, 2024

Landed cost is a crucial metric for understanding profitability at the product level. It includes any raw materials, freight, customs duties, insurance, warehousing, and related fees and overheads. The landed cost metric is helpful for businesses because it produces an accurate picture of a product’s total cost.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

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

ToolsGroup

APRIL 1, 2022

95% of supply chain executives report having a formal supply-chain risk-management process following Covid-19. Within a week of Russian troops crossing into Ukraine, the benchmark for thermal coal prices reached a record high of $446 per metric ton. Wall Street Journal ). McKinsey ). RetailNext, 2020). Deloitte ). Brookings).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Avoid the discussions on traditional risk management approaches.

Supply Chain Design Software 278

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

The Logistics of Logistics

JUNE 20, 2014

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. Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers.

3PL 113

3PL Negotiating Skills Optimal Sourcing Purchasing Training 113

The Logistics of Logistics

JUNE 20, 2014

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. Asset based 3PLs own physical assets like trucks, planes, warehouses, etc. Pros: If the 3PL is good at procurement, they can build a large network of partners / carriers.

3PL 100

3PL Negotiating Skills Optimal Sourcing Purchasing Training 100

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Avoid the discussions on traditional risk management approaches.

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

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Avoid the discussions on traditional risk management approaches.

Supply Chain Design Software 195

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

Elementum

FEBRUARY 7, 2024

Inventory Management: AI and ML bring precision to inventory control, automating reorder processes and warehouse organization, ensuring optimal stock levels and reducing waste. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

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

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

6 River Systems

JUNE 29, 2020

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. ” — Understanding risk management in the supply chain , Deloitte; Twitter: @DeloitteUS 4. Apply a supply chain stress test.

Supply Chain Planning Software 116

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

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

Infosys Supply Chain Management

MAY 9, 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 29

Supply Chain Planning Software Real-time Visibility Supply Chain Software Agile and Lean Supply Chain 29

6 River Systems

JUNE 10, 2019

You also have to consider storage costs, warehouse maintenance costs, ordering new items, packaging, vendor costs — all these require spending money. 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.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Talking Logistics

DECEMBER 20, 2017

And since so many aspects of supply chain management affect both customer experience and financial metrics, supply chain innovation efforts need to take these factors into consideration too. However, competing on customer experience without taking a financially-disciplined and informed approach can be a recipe for failure.

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92

ThroughPut

NOVEMBER 28, 2023

Main Features: Supply chain simulation Scenario analysis Main Benefits: Risk management Better adaptability Product evolution Kinaxis RapidResponse Overview: Kinaxis RapidResponse is a supply chain planning and analytics solution that empowers businesses with real-time insights and scenario-based planning capabilities.

Prescriptive Analytics Software 52

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