Procurement Academy

OCTOBER 19, 2023

As a result, training on how to navigate these complexities is a must. The Essentials of Procurement Optimization Taken at its most basic level, procurement optimization is simply the strategic process of improving every aspect of procurement operations. The disadvantage of this sourcing strategy is risk concentration.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Sourcing Strategies Price Reduction 52

Logility

MAY 17, 2023

The urgent need for supply chain resiliency is increasing interest in onshoring, reshoring, and nearshoring strategies. By leveraging a comprehensive platform companies can review scenarios through the lens of advanced demand, inventory and manufacturing planning optimization capabilities,” Henriott said.

Supply Chain Strategy 187

Supply Chain Strategy Supply Chain Design Software Supply Chain Optimization Supply Chain Planning Software 187

Logility

MAY 31, 2023

The Optimization Advantages of a Redesigned Supply Chain Network Cost optimization is one of the most popular supply chain initiatives. When operating in an endless array of high-impact disruptions, global economic fluctuations, and sustainability concerns, focusing on costs alone will not save your supply chain.

Optimal Sourcing 130

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Design 130

IT Supply Chain

MARCH 27, 2023

Lawrence (pictured) Content Writer The post Optimizing Warehouse Space: 5 Strategies & Insights appeared first on IT Supply Chain. By Dwight J.

Price Mitigation Strategies 97

Price Mitigation Strategies Supply Chain Optimization Supply Chain Strategy Warehousing 97

Talking Logistics

SEPTEMBER 27, 2023

Read more The post Pricing Optimization at Delly’s: A Case Study in Successful AI Enablement appeared first on Talking Logistics with Adrian Gonzalez. After capturing many of.

Case Study 260

Case Study Optimization Software Supply Chain Optimization Price Mitigation Strategies 260

Supply Chain Shaman

MAY 1, 2023

In contrast, those who outperformed were better at strategy and aligned with outcomes. Instead, the starting point, as shown in Figure 1, should start with a clear understanding of business strategy. The operating strategy–a major part of the supply chain strategy–flows from the business strategy.

Inventory Reduction 228

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 228

Logility

OCTOBER 19, 2023

Why Network Optimization Is the Key to Consumer Packaged Goods Supply Chain Resiliency It has been a few years since the onset of the pandemic exposed the tragic consequences of supply chain fragility within the consumer packaged goods (CPG) industry. They simply cannot keep pace with business dynamics.

Supply Chain Optimization 130

Supply Chain Optimization Modeling Supply Chain Design Software Supply Chain Planning Software 130

The Logistics of Logistics

NOVEMBER 17, 2023

Brian Kempisty , Lauren Beagen and Joe Lynch discuss building a resilient port strategy. Lauren is a lawyer and the Founder of Squall Strategies , a boutique maritime consulting and legal solutions company. Beagen is a seasoned maritime attorney and the founder of Squall Strategies, LLC and The Maritime Professor.

Resource Reduction 218

Resource Reduction Supply Chain Strategy Agile and Lean Supply Chain Supply Chain Optimization 218

GlobalTranz

MAY 19, 2020

Supply chains are complex ecosystems of people, tools, and strategies that are getting increasingly difficult to manage efficiently. The post 10 Most Effective Tips for Optimizing Your Supply Chain appeared first on Transportation Management Company | Cerasis. It’s not a feat you can achieve with only one major tool.read More.

Supply Chain Optimization 360

Supply Chain Optimization Supply Chain Planning Software Supply Chain Strategy Supply Chain Software 360

Logistics Viewpoints

AUGUST 25, 2021

A TMS offers optimization capabilities across multiple modes to improve service levels and reduce freight spend. A TES is generally mode specific and lack optimization capabilities, but for shippers with simpler transportation requirements, that is often all they need. Second is to hire, train, and retain the best available talent.

Cost Reduction Strategies 284

Cost Reduction Strategies Price Reduction Expense Reduction Transportation 284

ToolsGroup

MARCH 30, 2022

It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. Supply chain optimization allows us to guarantee product availability for our boutique shoppers. Optimized transport. Did You Know?

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Optimization Supply Chain Software Supply Chain Planning 317

ToolsGroup

OCTOBER 3, 2023

Introducing Dynamic Fulfillment Dynamic Fulfillment is the latest and most effective fulfillment strategy and tool available, capable of analyzing real-time data and assessing multiple factors concurrently to find the best possible fulfillment option. It tells you when and from where to fulfill each individual order.

Optimal Sourcing 156

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 156

ToolsGroup

JULY 13, 2023

A significant addition to our Inventory Hub® product, Dynamic Fulfillment leverages advanced optimization logic to determine what to ship, from where, in real-time, to reduce shipping costs, improve margins, and satisfy empowered customers. This is why ToolsGroup is thrilled to announce the launch of our Dynamic Fulfillment solution.

Optimal Sourcing 291

Optimal Sourcing ToolsGroup Optimization Software Network Optimization 291

DELMIA Quintiq

OCTOBER 11, 2021

The way forward implies resiliency in all aspects of the business, and for manufacturing in particular, this means implementing the right strategies as stepping stones to build and drive strategic flexibility. The answer lies in a digital transformation strategy that delivers optimal ways of working. How can this be achieved?

Manufacturing Procurement 296

Manufacturing Procurement Sourcing Strategies Waste Reduction Price Reduction 296

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization Supply Chain Software 156

AIMMS

MARCH 7, 2023

The post Supply Chain Optimization Technology for ESG Compliance appeared first on AIMMS.

Supply Chain Optimization 291

Supply Chain Optimization Supply Chain Software Supply Chain Optimization Software 291

Logility

MAY 5, 2023

Inventory strategies begin with an efficient network design to effectively balance your ability to accurately predict customer demand and work with suppliers to adjust orders in real time. Routine firefighting of inventory issues is a symptom of inventory strategies treated as a once-a-year exercise.

Inventory Reduction 130

Inventory Reduction Vendor Strategies Price Reduction Resource Reduction 130

Logility

NOVEMBER 9, 2022

Start your journey with the top six use cases for network optimization. And then a different but still ideal network for the following order – ideal in the sense of the optimal balance of cost, speed, risk mitigation, growth, customer satisfaction and meeting environmental, social and governance commitments.

Modeling 130

Modeling Network Optimization Software Network Optimization Supply Chain Optimization 130

Logistics Viewpoints

FEBRUARY 17, 2022

E-commerce was a rapidly growing area for the retailer, and with a relatively large SKU count (more than 10,000), its WMS was challenged to support strategies for handling the typical small orders, including: Zone picking and consolidation (either with unit sorter or put walls). Once it’s implemented, you have all the training to consider.

Optimization Software 201

Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Optimization 201

GlobalTranz

JULY 14, 2021

Transportation management optimization can help, provided shippers know a few things about its value and where to start. Transportation Management Optimization #1: Shipment Pooling. Using a pooling strategy does not increase handling costs as it substitutes pool point costs for an LTL carrier’s terminal distribution costs.

Transportation Management 156

Transportation Management Modeling Supply Chain Optimization Network Optimization 156

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.

Optimal Sourcing 317

Optimal Sourcing Supply Chain Optimization Transportation Optimization Software 317

AIMMS

JANUARY 20, 2021

We have developed a new assessment to understand how organizations are approaching inventory optimization, what techniques are being used, and what factors are being included. It also provides an assessment of your current approach to inventory optimization. . How does your inventory optimization process score?

Supply Chain Optimization 358

Supply Chain Optimization Inventory AIMMS Price Mitigation Strategies 358

ToolsGroup

OCTOBER 6, 2021

Who wouldn’t want their supply chain to be “optimized,” right? Optimization is peak efficiency, using the perfect balance of inventory and resources to service customer demand without incurring any unnecessary costs or waste. However, optimization is a term that’s often misunderstood and applied incorrectly in the supply chain world.

Supply Chain Optimization 266

Supply Chain Optimization Supply Chain Planning Software Supply Chain Planning Inventory Reduction 266

Procurement Academy

NOVEMBER 13, 2023

Incorporating a robust corporate training program into your business is a highly effective means to upskill your current employees, attract new talent, and foster a strong company culture. There are, though, several strategies that can help to secure this support from the key figures across your business.

Purchasing Training 52

Purchasing Training Price Mitigation Strategies Material Savings Buyer Training 52

ToolsGroup

MARCH 15, 2023

Let’s examine how inventory management has evolved into inventory optimization so that companies can minimize inventory investment while still hitting service level targets and maximing proftability. How do we then know that the distribution we chose is the most optimal one, achieving a minimum stock investment?

Inventory Reduction 156

Inventory Reduction Inventory Management Software Inventory Inventory Management 156

Loginext

MARCH 2, 2023

By understanding the basics of route planning, you'll be better equipped to optimize your route planning strategy and achieve the best results. The post How to Optimize Your Route Planning Strategy? appeared first on loginextsolutions.com.

Price Mitigation Strategies 52

Price Mitigation Strategies Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

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. Short-term benefits.

Optimal Sourcing 296

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Planning Software 296

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. The Value of Master Production Scheduling. DELMIA Quintiq Master Production Scheduling (MPS).

Optimal Sourcing 287

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Planning Software 287

AIMMS

OCTOBER 10, 2023

With the new Backhaul feature, supply chain teams can actively reduce mileage, carbon emissions, and costs, while optimizing reverse flows.

Supply Chain Optimization 156

Supply Chain Optimization Supply Chain Price Mitigation Strategies Supply and Demand 156

ToolsGroup

JULY 12, 2023

Retailers can now supercharge their OMS with Dynamic Fulfillment’s advanced optimization logic that reduces markdowns and shipping costs, improves margins, and satisfies customer SLAs. By integrating Dynamic Fulfillment into their existing order management systems, retailers realize benefits immediately upon adoption.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Optimization Supply Chain Planning Software 156