Supply Chain Game Changer

SEPTEMBER 12, 2019

When you’re a food and beverage manufacturer, there’s no business more serious than quality control. Consumer safety and quality control go hand-in-hand for the food industry in a way that most other industries don’t have to deal with. An FDA-licensed food manufacturer must have detailed and rigorous quality control procedures.

Manufacturing Procurement 55

Manufacturing Procurement Quality Food Optimal Sourcing 55

ivalua

JANUARY 13, 2023

These behaviors are commercially advantageous, increasing competition to directly improve quality, drive down costs, and improve project ROI. In 2014, the European Union (EU) took steps to encourage supplier diversity by implementing a social procurement policy. Social Procurement Framework in European Union.

Sourcing Strategies 246

Sourcing Strategies Cost Reduction Strategies Expense Reduction Optimal Sourcing 246

GlobalTranz

MAY 20, 2015

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. In fact, we are introducing our newest blog category so you may easily read all supplier quality management type posts here. . Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Pivot88

FEBRUARY 26, 2019

Closing the Loop on Quality and Compliance Management means linking quality and compliance processes with performance data from different sources, and collecting audit, production, quality and traceability information all in one place. The post Why is Closing the Loop on Quality and Compliance key to promote Transparency?

Quality 58

Quality Real-time Visibility Agile and Lean Supply Chain Guidelines 58

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

SCMDOJO

JANUARY 17, 2024

The company accepts or rejects the return request: Depending on the company’s return policy, the dedicated personnel accept or reject the return request. It is then sorted and inspected for quality. Restocking and putting back in inventory: If the product is QC passed, the warehouse stores and stocks it as per the inventory policy.

Inventory Reduction 86

Inventory Reduction Supply Chain Planning Software Material Savings Cost Reduction Strategies 86

Supply Chain Trend

SEPTEMBER 4, 2023

One would expect a rigorous focus on high quality decision making in IBP. However, in my career as a consultant, supply chain manager or IBP manager, I have never encountered a formal executive decision approach to improve decision quality. Below figure shows the framework with six proposed elements of decision quality.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Supply Chain Software 78

Supply Chain Trend

AUGUST 31, 2023

One would expect a rigorous focus on high quality decision making in IBP. However, in my career as a consultant, supply chain manager or IBP manager, I have never encountered a formal executive decision approach to improve decision quality. Below figure shows the framework with six proposed elements of decision quality.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Modeling Software 78

The Logistics of Logistics

OCTOBER 25, 2023

Mark spent over 7 years in leadership with the second largest freight brokerage in North America, Total Quality Logistics. Finally, Reliance is a leader in specialty insurance products such as usage-based cargo insurance, shippers interest policies and Mexican cargo. During his tenure, they went from $500M to $3B in sales.

Mexico 247

Mexico Transportation Logistics Network Optimization Software Supply Chain Design Software 247

NC State SCRC

NOVEMBER 20, 2023

Opportunities exist for OM and OR to increase their influence in fields which study policy, entrepreneurship, and developing economies, for example. Jay Swaminathan (UNC) presented work investigating the impact of process standardization on the cost, quality, and variation in quality of care delivered by a hospital.

Analytics Software 52

Analytics Software Georgia Indonesia Virginia 52

Logility

AUGUST 15, 2023

Recognizing supply chain resiliency also depends on meeting compliance standards, companies leverage the platform to gain well-rounded multi-tier visibility into supplier adherence to internal company policies and government mandates. Compliance spans various dimensions such as environmental sustainability, quality, and security.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Enterra Insights

AUGUST 8, 2023

Jessica Fanzo , the Bloomberg Distinguished Professor of Global Food Policy and Ethics at the Berman Institute of Bioethics at the Bloomberg School of Public Health at Johns Hopkins University, believes such a view “is a naïve perception of the world.”[4] The nutritional quality of those foods can really change.

Security 130

Security Food Argentina United States 130

GlobalTranz

SEPTEMBER 18, 2018

Food shippers must already contend with a variety of elements, including storage temperatures, packaging, freshness and quality, timeliness and, of course, proper transit. Food and perishable item quality checks should be preventive. During audits, don’t just concern yourself with the quality and safety of goods.

Food 185

Food Logistics Network Optimization Software Supply Chain Planning Software Demand Planning Software 185

Logistics Viewpoints

JUNE 28, 2023

Companies at this stage are the first point of harvesting quality marijuana. The first pathway, maintaining the current prohibition policy where marijuana remains a Schedule I drug, would “continue the trend of removing thousands of drivers annually from the industry through positive tests for past marijuana use”, ATRI said.

Supply Chain Design 235

Supply Chain Design Supply Chain Strategy Supply Chain Warehousing 235

Logility

APRIL 3, 2024

The life sciences are integral to the quality of life and lifespan, but the field faces some uniquely difficult inventory challenges. Can we reduce inventory by applying science to inventory policies? Lifespan has nearly doubled in a century and is continuing to grow as the life sciences industry advances.

Supply Chain Optimization 166

Supply Chain Optimization Inventory Reduction Optimization Software Supply Chain Planning Software 166

Logistics Viewpoints

MARCH 19, 2024

The ability to unify key processes is closely tied to making timely, informed decisions – and the speed and quality of decision-making are crucial factors that significantly impact overall company performance. Why, in 2024 are we still talking about it and what can be done to move in the right direction?

Supply Chain Planning Software 248

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 248

Enterra Insights

APRIL 18, 2024

There, too, policy has shifted from reliance on the free market and private business towards greater government control.”[3] Finding cost-effective solutions while maintaining product quality and customer satisfaction is a constant challenge.” Parallel changes have occurred in Xi Jinping’s China. have decided to glocalize).

Global 130

Global Cost Reduction Strategies Expense Reduction Inventory Reduction 130

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. How is it possible?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Locus

NOVEMBER 28, 2023

Implement Robust Return Policies: Clearly defined and transparent return policies can minimize returns due to buyer’s remorse and can help set clear expectations for the customers. Top Five Strategies that Shippers can Implement to Reduce Return to Origin 1.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Price Mitigation Strategies Reverse Logistics 52

ivalua

DECEMBER 21, 2021

Together with its strategic partner Optis Consulting, Ivalua’s solution has digitally enabled FCL’s policies and processes for core procurement activities, including sourcing and contract management. The project has been delivered in partnership with Optis Consulting, a leading Source-to-Pay consultancy. About Ivalua.

Manufacturing Procurement 130

Manufacturing Procurement Sourcing Strategies Optimal Sourcing Predictive Analytics Software 130

ivalua

AUGUST 11, 2021

So today, many leading Procurement organizations look beyond cost factors to make decisions based on quality, reliability, innovation and social and environmental practices. Many organizations already have responsible sourcing policies and programs in place but they vary widely in effectiveness.

Sourcing Strategies 130

Sourcing Strategies Purchasing Skills Sourcing Expense Reduction 130

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability.

Forecasting 105

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 105

DELMIA Quintiq

DECEMBER 21, 2020

The amount of time spent using these outdated tools is a barrier to the efficiency of planning teams and represents a risk to the quality of the company’s results when they are put into practice. All of these methods fail to provide the necessary visibility and agility for the necessary supply chain plans.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Supply Chain Planning 296

SYSPRO Smarter ERP

DECEMBER 19, 2022

Then in the early 2000s, a new technology emerged, inventory optimization (IO), which could account for variability and multi-level activity in the supply chain and optimize inventory management policies using a statistical approach to manage both demand and supply variability.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 98

ThroughPut

DECEMBER 3, 2019

The fight for money During the downturn, when oilfield operational expenditure budgets were so tight, I would just put things on my own credit card to keep operations going, and deal with “breaking procurement policies” later. The post Quality Improvement in Manufacturing: Relief for Operations Manager appeared first on ThroughPut.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Quality Manufacturing 52

Supply Chain Game Changer

MAY 31, 2022

Trade Policy. Trade Policy, whether it is, or is not, too restrictive, is also not something that just happened overnight. Theoretically the people who manage such regulatory requirements would have first done the supply-demand analysis to forecast the ramifications of any policy decisions. In the long term the U.S.

Supply Chain Planning Software 123

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Strategy 123

Synovos

NOVEMBER 10, 2023

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. Of particular note is the progress made by our People and Ethics teams to further improve our policies, performance, and disclosure in the area of labor and human rights. “We

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Logistics Viewpoints

JULY 6, 2023

Companies at this stage are the first point of harvesting quality marijuana. The first pathway, maintaining the current prohibition policy where marijuana remains a Schedule I drug, would “continue the trend of removing thousands of drivers annually from the industry through positive tests for past marijuana use”, ATRI said.

Supply Chain Design 180

Supply Chain Design Supply Chain Strategy Supply Chain Warehousing 180

Enterra Insights

OCTOBER 20, 2022

The importance of data quality can’t be overstressed. With so much data available, ensuring it’s relevant and of high quality is the difference between those successfully using big data and those who are struggling to understand it.”[9]. ”[9]. Concluding Thoughts.

Big Data 130

Big Data Data Quality Cost Reduction Strategies 130

Precoro

JULY 8, 2022

There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company. Reducing the price on the tag while maintaining the quality is often a crucial market advantage. Enhanced Compliance Through Better Policies.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

The Logistics of Logistics

JUNE 5, 2023

Blake is a member of the American Trucking Associations’ Safety Policy Committee and serves on the Board of Directors and the LEAD Council for the Iowa Motor Truck Association. The company has an ongoing commitment to quality and process improvement. Ruan provides 24/7 customer care from one full-service transportation company.

Iowa 184

Iowa Warehousing Logistics Network Optimization Software Network Optimization Software 184

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. Being in the logistics and transportation industry, we recognize our responsibility in preserving air quality, fighting climate change and accelerating energy transition. Acting for People.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

QAD

JUNE 30, 2022

In the first part of this three-part series, I discuss quality management tools for identifying a problem, the root cause and its impact. In the second part , I dive into the quality management tool selection process. Next I’ll cover a key to quality management success: Communication. Measurement. Integration. Executive Team.

Quality 92

Quality Cost Reduction Strategies Resource Reduction Analytics Software 92

Supply Chain Opz

JUNE 23, 2014

Cost of Quality (COQ) is a concept originated in quality management area with the goal to identify hidden costs associated with manufacturing and delivery of service. Improvement in this area can be done through a proper use of storage policy. Considering 3 warehouse storage policies, the first policy is to store items anywhere.

Inventory Management Software 220

Inventory Management Software Inventory Management Inventory Reduction Inventory 220

SYSPRO Smarter ERP

MARCH 2, 2022

Instead of cost reduction being the primary goal, the pool of suppliers should be broadened to provide resilience and backup, even though this has implications for material quality and control over costs. In the past, the procurement department could work with a limited number of suppliers with locked-in quality agreements.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. We will decide and response faster in our supply chain and make higher quality operational and strategic decisions.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Planning Scenario Planning Negotiating Skills 78

SCMDOJO

FEBRUARY 13, 2023

Read More: Top 16 Procurement KPIs – The Ultimate Guide ] Key Takeaways The procurement department is critical to an organization, obtaining quality goods and services at competitive prices while ensuring the organization’s resources are needed to succeed. They also manage all employees within the department.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87