The Logistics of Logistics

JULY 12, 2023

Corey, CEO of Davinci Micro Fulfillment , supports brands with an end-to-end solution for efficient direct-to-consumer eCommerce fulfillment. Micro-Fulfillment Corey Apirian, CEO of Davinci Micro Fulfillment, supports brands with an end-to-end solution for efficient direct-to-consumer eCommerce fulfillment.

Negotiating Skills 215

Negotiating Skills Purchasing Skills Network Optimization Software Logistics Network Optimization Software 215

Logility

NOVEMBER 18, 2021

ATLANTA (November 18, 2021) American Software, Inc. million for the same period last year and software license revenues were up slightly to $0.8 million for the same period last year, while Software license revenues were $1.3 NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 130

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Every manufacturer knows the importance of raw materials – without them, there’s no final product.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. While Procurement might not consider these relationships strategic, they are critical nonetheless. Doug Keeley, Product Marketing Manager, Ivalua. Healthcare.

Supplier Management 145

Supplier Management Manufacturing Procurement Procurement Solutions Optimal Sourcing 145

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. Manufacturing inventory management requires a coordinated approach across production, purchasing, sales, and logistics departments. For this reason, food manufacturers in particular run a high risk of spoilage and waste.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

ivalua

APRIL 7, 2022

NEW Payments Solution. Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Today, he is focused on finding solutions for renewable energy sources and the promotion of sustainable practices. . Franck Lheureux and Alex Saric .

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. To begin the journey, GEON needed a better supply chain planning tool.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 235

Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

SCMDOJO

FEBRUARY 29, 2024

They do not relate to any overall company procurement goals and objectives. Figure 1: SPM Project Stages (Gordon Sherry R, 2008) This organization has created a Procurement Steering Committee with management participation to leverage procurement as a tool to improve business performance.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logility

JUNE 2, 2023

They help minimize inventory, streamline purchasing, optimize distribution, and enhance production efficiency while ensuring the highest level of customer service. Demand forecasting accuracy refers to measuring how closely forecasted demand aligns with the actual demand experienced. Let’s get started!

Forecasting 130

Forecasting Modeling Forecasting Software Supply and Demand 130

Supply Chain Shaman

DECEMBER 11, 2018

Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. Traditional planning is batch.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

Enterra Insights

OCTOBER 21, 2021

” With COVID-19 still a problem heading into this year’s holiday shopping season, returns are again going to present a challenge for both online and brick-and-mortar retailers. Robinson, explains, “Reverse logistics refers to any portion of the reuse of products and materials in a supply chain. ”[2]. ”[3].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Enterra Insights

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Omnichannel Consumer. during 2020. during 2020.

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Our Rating: 5/5 4. Our Rating: 4.9/5

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

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

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Enterra Insights

JUNE 26, 2023

Barcode systems help businesses and organizations track products, prices, and stock levels for centralized management in a computer software system allowing for incredible increases in productivity and efficiency. ”[4] Technically, the “barcodes” to which they refer won’t contain “bars” at all.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Inventory Management Software Supply Chain Software 130

ShipBob

NOVEMBER 29, 2023

Ultimately, it results in struggles with business spending, purchasing, and productivity. Ghost inventory refers to missing, stolen, lost, obsolete, or damaged assets that have not been accounted for in your asset register. Also, you upset customers when you stock out, leading to fewer return purchases. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Precoro

APRIL 1, 2024

Electronic invoicing, also known as e-invoicing, is the automation of the invoicing process using a specialized e-invoicing tool. Impaired productivity : Receivers of invoices must manually cross-check them with the corresponding purchase orders (POs) and receipts. What are the benefits of e-invoicing?

Procurement Solutions 105

Procurement Solutions Modeling Software Supply Chain Network Software Inventory Management Software 105

Precoro

OCTOBER 30, 2023

A purchase order (PO) is a formal request for goods or services that becomes a legally binding document once the vendor accepts it. The document is essential for smooth procurement operations. It guides vendors while they fulfill the order and aids buyers in verifying invoices and analyzing their purchases and expenses.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Purchasing Skills 52

ShipBob

JANUARY 28, 2022

With the right technology solutions and processes, your internal team can quickly identify which initiatives will improve supply chain efficiency by reducing time and costs. . How many orders a brand can’t fulfill when a customer tries purchasing it. To lower these costs, opt for a fair inventory storage solution. Cost per unit.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Taulia

NOVEMBER 14, 2021

Supplier risk refers to the possibility that a supplier (or vendor) may have a negative impact on the activity of a buying company. Supplier risk management has been a major issue for procurement departments for years as these risks can severely limit operations. What is supplier risk? Risk identification.

Vendor Strategies 98

Vendor Strategies Sourcing Strategies Resource Reduction Supply Chain Planning Software 98

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. There are numerous supply chain metrics that a company can choose to track.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Insights

AUGUST 11, 2017

The evidence is in; and it appears that consumer products manufacturers now have a wide range of choices for both cloud and on-premise solutions to managing the second largest line item in the company P&L. They will undoubtedly be taxed in their effort to choose the right solution. User Interfaces. Beautiful.

Vendor Strategies 110

Vendor Strategies Supply Chain Design Software Supply Chain Planning Software Analytics Software 110

SCMDOJO

MARCH 19, 2023

It is not unexpected that operational risks have become a problem for retail companies, given the development of internet purchasing. A supply chain attack is a type of cyberattack that targets businesses by striking the weaker links in their supply chain, such as outside suppliers or vendors who offer software, hardware, or services.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Security Supply Chain Strategy 59

Supply Chain View from the Field

NOVEMBER 12, 2014

I was in Houston yesterday evening, speaking to a large group of procurement executives at a roundtable held by KPMG’s Procurement Advisory Group, at the fabulous Brennan’s restaurant on Smith Street. The event was well attended, with over 40 executives present.

Procurement Analytics 102

Procurement Analytics Procurement Solutions El Paso Houston 102

Enterra Insights

MARCH 24, 2022

The shift creates new circumstances and the only way you can refer to those new circumstances is as the new normal. “If you’re looking for a sudden return to a normal, pre-pandemic operating environment,” writes Matt Gunn ( @mattgunn ), Vice President for solutions marketing at Slync.io, “keep waiting.”[4].

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 130

SCMDOJO

APRIL 15, 2024

Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Unleashed

MAY 7, 2023

Real-time manufacturing inventory software is fundamental for the accurate tracking of finished goods, as it keeps records up to date as inventory is moved or sold. MRO Maintenance, repair, and operations (MRO) inventory pertains to the materials, tools and equipment needed to ensure a manufacturer can continue producing goods for sale.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

Unleashed

MARCH 28, 2021

Supplier relationship management is often referred to as the B2B equivalent of customer relationship management. Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. What is supplier relationship management? Greater administrative efficiencies.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Unleashed

JANUARY 25, 2021

The purpose of a purchase order. Purchase orders are a crucial part of your purchasing processes. Purchase orders (PO) document the purchasing part of your inventory management system and are legally binding documents. How do you create a purchase order template?

Procurement Solutions 90

Procurement Solutions Purchasing Skills Eliminating Excel in Purchasing Negotiate Pricing 90

Supply Chain Game Changer

NOVEMBER 4, 2020

The present-day weighbridges are so advanced that they provide data regarding stock levels. Sometimes referred to as ANPR (Automatic License Plate Recognition) cameras, your license plate recognition cameras will integrate with automated Weighbridge software to simplify the automation of your weighbridge. Software integration.

Optimization Software 111

Optimization Software Analytics Software Supply Chain Software Optimal Sourcing 111

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. This isn’t just about purchasing power.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Precoro

OCTOBER 25, 2021

Jeremy Beauchamp , operations manager at Bright Peak Therapeutics, has kindly agreed to share his team’s experience setting up a procurement management process from scratch using Precoro. Bright Peak’s Procurement Background. As a new start-up, Bright Peak didn’t have a procurement system in place.

Optimal Sourcing 98

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 98