Optimal Sourcing Related Topics 
Logistics Viewpoints
MAY 19, 2022
Supply chain optimization has also improved in significant ways that can address these trade-offs better than before. Optimizing one link doesn’t optimize the entire supply chain – you must consider the impact of any decision on the entire network.
DELMIA Quintiq
SEPTEMBER 16, 2021
Meeting these objectives, on top of addressing existing industry challenges, requires steel manufacturing companies to become more efficient and flexible in their operations—and this means optimizing their master production schedules.
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Logility
FEBRUARY 7, 2023
Avert crises and manage your supply chain more efficiently with optimized allocation of constrained supply. Because of its completely flexible configurability, you could use it in any situation or when none of the other methodologies can effectively optimize allocation of constrained supply.
EC Sourcing Group
JULY 13, 2021
How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. Read on to learn more about how to optimize your procurement sourcing systems. .
Speaker: Laura Garcia, Sr. Editor at Supply Chain Digital and Procurement Magazines
In Digitize to Survive, we’ll be showing how you can leverage today’s tech to help meet organizational objectives and not only survive but thrive in a post-pandemic world. With all the new tech available on the market, setting a digitization roadmap and knowing where to start can be difficult. We’ll help you drudge through the boundless opportunities and help clarify all the buzz. During this webinar, we’ll discuss how to take an objectives-first approach and demystify some of today’s hottest tech such as IoT, AI, and Big Data and show you how they can help build resiliency, unearth competitive advantages and optimize bottom-line results.
ToolsGroup
AUGUST 25, 2022
BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. ToolsGroup Service Optimizer 99’s self-adaptive demand and inventory models define the optimal mix of inventory across the multi-echelon supply chain to achieve aggressive service level targets while right-sizing inventory.
Logistics Viewpoints
APRIL 29, 2021
Many companies are achieving this transformation by adopting modular, elastic DC technologies – including AI and robotics – that provide continuous warehouse optimization without replacing their current monolithic and static warehouse systems. Continuous Warehouse Optimization Opportunities.
Supply Chain Game Changer
AUGUST 24, 2021
Technologies to optimize Supply Chain article and permission to publish here provided by Arra at No-BS Marketplace. To give you more insight, this article explores seven technologies to optimize Supply Chain. They are largely helpful in optimizing a business’ supply chain.
Silvon Software
APRIL 19, 2022
The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. Buyer / Procurement Department KPI s.
ToolsGroup
AUGUST 28, 2018
Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently? Optimizing for one stage of the supply chain works great for that specific echelon, but doesn’t necessarily address the needs of the others.
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Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions.
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DELMIA Quintiq
NOVEMBER 17, 2020
From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies.
ivalua
APRIL 1, 2022
Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Learn how Ivalua’s flexible Source-to-Pay solution can lead your supply chain organization digitally transform–faster and further.
ToolsGroup
AUGUST 28, 2018
Editor’s Note: Microsoft’s Colin Masson, Global Industry Director of Manufacturing Solutions (that's him on the left), sat down with me to discuss how manufacturers optimize their inventories. Colin: How do inventory optimization (IO) and multi-echelon inventory optimization (MEIO) enable manufacturers to operate more efficiently? Optimizing for one stage of the supply chain works great for that specific echelon, but doesn’t necessarily address the needs of the others.
The Logistics & Supply Chain Management Society
FEBRUARY 16, 2022
That is because it is expected that industries will be constantly improving on how to make more products using less energy. Arcstone sells digital systems to optimize manufacturing. The technology incorporates AI features that optimize loading for shippers and 3PLs alike.
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Learn how Team Procure is helping companies streamline their procurement by implementing a cloud-based procurement platform across their organization. Includes key solutions for custom approval workflows, POs, and supplier management.
Logility
OCTOBER 22, 2019
This post discusses the Demand Optimization Maturity Curve. IRI – Syndicated Data Source. Source: Logility, Inc. The Demand Optimization Maturity Curve starts at level (1) Naïve Forecasting, the lowest level of maturity, and ends at level (5) Demand Optimization, the highest level of maturity. The information provided at each level in the Demand Optimization Maturity Curve describes the typical maturity at that level across four dimensions.
The Network Effect
AUGUST 27, 2020
The post Optimizing Direct Procurement and the Inbound Supply Chain appeared first on The Network Effect. Inbound Supply Supply Chain Management inbound logistics inbound supply procurement
Enterra Insights
JULY 22, 2019
” With that caveat in mind, I think I can assert every organization wants to optimize its supply chain. I simply can’t imagine a CEO going to his or her board of directors and telling them their goal is to implement a sub-optimized supply chain. A key step in taking a more strategic approach to [supply chain operations] is looking at the big picture and working to optimize the supply chain from end-to-end. The benefits of supply chain optimization.
EC Sourcing Group
OCTOBER 12, 2021
Finding the right procurement optimization solutio n is imperative to keep your entire procurement management process running smoothly throughout the supply chain. Procurement Optimization Solutions : What Does Strategic Sourcing Mean? Award Optimization.
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Today, your entire supply chain must embrace change and accelerate digitalization. When it comes to procurement, focusing on digital transformation now can dramatically reduce costs, improve visibility and insight, and give you a significant competitive advantage.
Supply Chain Brain
AUGUST 14, 2022
In the first weeks of the COVID-19 pandemic, business planners, expecting a harsh recession, shut down manufacturing plants and canceled retailing orders
Silvon Software
APRIL 29, 2022
Organizations looking to use less capital while maintaining a saleable inventory employ optimization best practices to balance their investment constraints against their business objectives and stock-keeping unit (SKU) fulfillment targets.
Logistics Viewpoints
NOVEMBER 8, 2022
So, how can organizations tackle the inflationary environment by finding significant cost savings opportunities while improving resiliency? The key to this lies with sourcing. Before diving further, let us define what sourcing is. Digitalizing sourcing (i.e.,
Silvon Software
APRIL 8, 2022
Controlling and optimizing the production process while keeping maintenance costs in check are essential elements of positive growth. Manufacturing KPIs or metrics are well-defined measurements to monitor, analyze and optimize production processes regarding quantity, quality and cost.
Speaker: Adam Robinson, Director of Marketing, Cerasis
In this educational webinar, Adam Robinson from Cerasis, a leading North American Transportation Management Solutions Company, will address how automation in the supply chain is allowing companies to empower their employees with a more strategic work flow aiding in overall collaboration with peers across departments, improved business operations, more efficient manufacturing, a healthier corporate culture, and more visibility to data and processes providing the ability to gain actionable insights that lead towards actions that impact the company’s bottom line.
GlobalTranz
JULY 28, 2021
Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.
Logility
NOVEMBER 2, 2022
This realization for supply chain leaders creates new questions about which strategies can genuinely optimize their operations while offsetting changing demand and supply disruption. Five Reasons for Adopting a Supply Chain Network Design and Optimization Solution.
ToolsGroup
MARCH 22, 2016
Principal Analyst James Cooke of Nucleus Research just published his 2016 Inventory Optimization Value Matrix which highlights this year’s key trends, including functionality and usability. He reiterates why his firm sees inventory optimization (IO) solutions as so important. Interestingly, he notes that while most companies justify inventory optimization based on inventory savings, improving service to customers is actually the biggest motivation and payback in most projects.
ivalua
OCTOBER 17, 2022
Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.
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In response to the growing complexity of the modern global supply chain, logistics service providers are embracing digital supply chain solutions powered by new IoT tracking technologies and data analytics.
Kinaxis
MARCH 22, 2017
by Alexa Cheater From designing, sourcing and manufacturing, to distribution and consumption, your supply chain is at the heart of your customer satisfaction levels. It’s no wonder that number is so high with a lot of companies still struggling with inventory optimization, trying desperately to find that sweet spot between supply volume and customer demand. Implementing inventory optimization. The challenges of inventory optimization can be immense.
EC Sourcing Group
MARCH 21, 2022
Sourcing is a vital piece of procurement and the overall supply chain itself. However, just about anything can be improved upon, and sourcing optimization and optimized operations can help streamline the process. Sourcing Optimization: Run eAuctions Wisely.
EC Sourcing Group
AUGUST 24, 2021
Category management in procurement is an integral part of the procurement strategy in which procurement managers take specific products or services and divide them into certain categories. Read on to learn more about category management and how to optimize it during Covid-19.
SYSPRO Smarter ERP
NOVEMBER 21, 2022
Keeping the right level of inventory requires a technique called inventory optimization. Inventory optimization. The search for optimal inventory levels is therefore a key objective. The need for inventory management and optimization.
Speaker: Rod Robinson - SVP of the Supplier Diversity Practice, Insight Sourcing Group
In this exclusive webinar, Rod Robinson, SVP of the Supplier Diversity Practice Lead & Center of Excellence, dives into the key benefits corporations are seeing emerge from their supplier diversity programs and how you can gain invaluable competitive advantages with a supplier diversity program of your own.
EazyStock
APRIL 28, 2022
What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Optimization tools.
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