The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Unleashed

APRIL 10, 2023

Read now: The Unleashed Cash Flow & Overstock Report 2023 Meet the experts Zander De Klerk : Zander is a seasoned Chief Financial Officer, Tax Agent, and Accounting Advisor with over 16 years of experience in the field. When it comes to shifting those overstocked items, discounting the purchase price can be tempting.

Price Reduction 52

Price Reduction Pricing Training Inventory Reduction Purchasing Skills 52

ShipBob

MARCH 2, 2023

A Salesforce report found that almost 90% of shoppers consider the customer experience as important as the company’s products or services. In general, a great retail experience is when a customer has a positive interaction with your brand that makes them feel confident to purchase from you — and hopefully again and again.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Requis

MAY 22, 2020

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Meanwhile, salespeople for suppliers were trying to work around procurement. Almost all the student projects were related to analytics. Analytics is key. In the pre-COVID world, we thought about landed costs.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

6 River Systems

OCTOBER 12, 2020

According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

6 River Systems

DECEMBER 11, 2018

Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. At the very least, they should see a message indicating that the products are out of stock before they make the purchase. This is just good customer service.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

EMERGE App

AUGUST 22, 2019

Your business needs cash to pay your salary, your employee’s salaries, rent, supplier invoices and all the running costs of running a business. And purchasing inventory means that you’re tying up a valuable and finite resource — working capital — in your stock. They typically cost less than $10.

Inventory Management Software 66

Inventory Management Software Inventory Management Inventory Reduction Inventory 66