SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 95

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 95

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. Even firms with smaller production volumes can struggle due to limited resources or inefficient processes.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Supply Chain Action Blog

JUNE 14, 2017

The exponential increases in computing power along with advances in software have enabled the use of optimization in an ever-widening array of business decisions. The Importance of Six Sigma. Six sigma pursues reduced variability in processes. Optimization helps decision-makers do just that.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

Supply Chain Action Blog

JUNE 14, 2017

The exponential increases in computing power along with advances in software have enabled the use of optimization in an ever-widening array of business decisions. Seiri (Sort) – sorting, i.e., proper arrangement of all items, storage, equipment, tools, inventory and traffic. The Importance of Six Sigma.

Six Sigma 40

Six Sigma Inventory Reduction Agile and Lean Supply Chain Lean 40

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. The links below are paid links.

Logistics Network Optimization Software 130

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

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. Ways to enhance your order cycle time include: Understanding order profiles Reallocating resources to the areas of greatest activity Reducing travel time Prioritising inventory replenishments 2.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

Logistics Bureau

NOVEMBER 16, 2020

So, you are thinking about a career in supply chain? While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Requis

NOVEMBER 18, 2020

Supply chain optimization consultant, author, and podcaster Marcia Williams has been working in supply chain since 2004. On episode 18 of Supply Chain Next, Marcia talks with host Richard Donaldson about what works and what doesn’t when it comes to digital transformation. ?. I use finance to show the value.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

GlobalTranz

MARCH 23, 2016

First and foremost, look to your people, the best resource you have. Developing Standard Work is one of the more difficult Lean Six Sigma disciplines; however, if efficiently developed, it should allow virtually anyone to perform the work without any variance in the desired output. Practices and learns how to apply Lean tools.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Unleashed

OCTOBER 4, 2021

By offering support to its partner companies through innovation, communication and corporate social responsibility, Samsung has been able to ensure sustainability and security in its supply chain – which is seen as one of its leading competitive advantages in the marketplace.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Inventory Management Software Waste Reduction 97

SCMDOJO

DECEMBER 18, 2023

Predictive Management Utilization: Utilize predictive management techniques to optimize resource utilization, cut costs, and minimize the time required for issue resolution. Determine average inventory levels as part of the annual stocking procedure, contributing to cost containment through effective inventory management.

Inventory Reduction 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

GlobalTranz

OCTOBER 27, 2015

If your business is not sound and prepared for engagement with any vendor, much less partnering with a logistics company, you will hardly reap the rewards of hiring outside expertise to bridge the gaps your company is not able to fill using in-house resources. Consider Six Sigma quality will be used and measured.

Six Sigma 120

Six Sigma Logistics Network Optimization Software KPI Company 120

Arena Solutions

AUGUST 4, 2021

To meet these goals, many organizations rely on enterprise quality management system (QMS) software solutions to get high-quality products to market fast. Today, organizations have adopted newer approaches to quality management, such as Six Sigma and lean manufacturing. What Is QMS Software? Why Is QMS Important?

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 59

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. An effective measurement and reporting process can improve performance and provide warehouse cost savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

synchrono

OCTOBER 18, 2016

Through the use of supplier quality certifications and blanket (long-term) purchase orders, a manufacturer can accurately and effectively calculate the optimal level of inventory needed to fulfill demand requirements through the duration of replenishment lead time. Additional Resources: Case Study: Dynisco, A Roper Company.

Manufacturing Procurement 40

Manufacturing Procurement Agile and Lean Supply Chain Demand Planning Software Optimization Software 40

GlobalTranz

FEBRUARY 17, 2016

This will be a big achievement towards your mission of warehouse cost reductions. Using your Enterprise Resource Planning (ERP) cloud system to keep track of your inventory levels is the most straightforward way to prevent overstocking inventory and, as a result, reduce inventory cost. Use “shadow boards” for tools.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 78

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 78

SCMDOJO

AUGUST 4, 2023

But times are changing, the use of reduce inventory offers more quality and useful performance metrics. The use of reduce inventory in production optimizes delays and reduces other associated costs. If your setup costs get spread over the run of a production, using reduce inventory would naturally lead to smaller setup cost.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

ThroughPut

MAY 23, 2019

Development cycles for new models have also been compressed by aspiring entrants, both new and foreign, while with Over-The-Air (OTA) software updates now download new features, functionality, and refined interfaces to existing cars and trucks regularly and without a trip to the dealer, nor a new model upgrade.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Automotive 40

OptiProERP

MARCH 4, 2019

In our blog, “What is Intelligent ERP?” , we looked at the enablers of digital business: cloud, mobile technologies, analytics, the internet of things (IoT), big data, and machine learning, all leading to smart factories. Bar-code data on materials arriving can update the dataset before the purchase receipt has been processed.

Analytics Software 63

Analytics Software Material Savings Manufacturing Procurement Predictive Analytics Software 63

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 103

GlobalTranz

MAY 6, 2015

Top management knows that lean can add value , but many still haven’t moved past the initial education stage into full-scale lean supply chain implementation. The Lean Supply Chain is a system of interconnected and interdependent partners that operate in unison to accomplish supply chain objectives.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Planning Software Waste Reduction Lean 120