The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

DELMIA Quintiq

SEPTEMBER 14, 2023

Key challenges include balancing growth and market share over a five-year trajectory, coping with labor shortages, tackling ongoing supply chain disruptions, inefficient paper-based tracking, and struggling with poor inventory management and limited visibility.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. accuracy and more. billion by 2029.

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

GlobalTranz

SEPTEMBER 23, 2021

Fewer labor resources are available to meet the rising demand in both the warehouse and in transit. ? Talent shortages, especially limited drivers, will exacerbate the capacity crunch and result in shortages across warehousing and transportation simultaneously.? . to avoid significant supply chain disruption.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. By understanding the flow of products into and out of your warehouse, you can minimise these costs – ultimately improving your margins. Warehouse planning is an artform of its own, with strategic thought required around what products go where.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Still, there are several technologies that are transforming supply chains for the organizations that adopt them. Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Think about these supply chain networks for a moment. There are so many teams and departments and supply chain nodes, all with their own systems and solutions.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

RFgen

MARCH 20, 2023

Key Takeaways: Inventory control involves the management of products and services across the supply chain, ensuring the right amount of product at the right time. Integrating purchasing and inventory control is critical for forward planning and forecasting in today’s economic climate. Essential to this process is purchasing.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 52

Taulia

FEBRUARY 27, 2024

A guide to digital supply chain management The emergence of tools and techniques that facilitate digital supply chain management has opened up brand new possibilities for companies looking to make the most of their supply chains. Here’s everything you need to know about it.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52

ToolsGroup

APRIL 1, 2022

How the Supply Chain Crisis is Impacting Businesses and Consumers. 66% of consumers are concerned that supply chain issues will never end ( Chain Store Age ). 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. Shahzaib also touched on Generative AI, which is used in Resilinc’s supply chain disruption alert system, EventWatch AI.

Predictive Analytics Software 91

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 91

SYSPRO Smarter ERP

SEPTEMBER 8, 2022

High and increasing costs, in combination with long recovery times, have triggered many companies to reassess their customer service plus supply-chain strategies and footprints to make them more resilient to any kind of disruption. In come cases where tier-one suppliers do not have visibility into their supply chains, always.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 105

SCMDOJO

JANUARY 17, 2024

Materials Manager Annual salary : $110,340 (median) Required degree : Bachelor’s Materials managers ensure that everyone across the supply chain has enough resources to work efficiently. They are in charge of purchasing, procurement, and sourcing. raw materials) between its sites.

Negotiating Skills 70

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 70

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Supply Chain Game Changer

MAY 19, 2022

With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. Solutions for On-Time Land Cargo Delivery. Creating a tailored combination of LTL, PTL, air, and rail offers a flexible, optimized route for on-time deliveries with fewer disruptions.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Cargo Negotiate Pricing 95

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” less likely to be affected by supply chain disruptions.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Do traditional supply chain practices achieve this objective? The winter offers no relief.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Source: Insider. Shipment Delays and Supply Chain Disruptions.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ShipBob

JANUARY 15, 2024

Operationally, excess inventory can clog warehouses, making it challenging to manage new stock efficiently. Its cause can be related to poor demand forecasting, changes in global economic conditions, supply chain disruptions, or shifts in consumer preferences. Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

MAY 3, 2021

There have been extensive supply chain disruptions caused by the global coronavirus pandemic. These disruptions have elevated the supply chain function to the boardroom level. It is now understood that supply chain agility is imperative. That improves warehouse operations.

Agile and Lean Supply Chain 209

Agile and Lean Supply Chain Supply Chain Software Supply Chain Supply Chain Network Software 209

QAD

MARCH 30, 2023

Labor shortages, inflationary pressure, recessionary risk and supply chain disruption will all persist, at least to some degree, through 2023 and we all know there’s no sure way to safeguard your operations. They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan.

Manufacturing Procurement 91

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 91

Unleashed

NOVEMBER 19, 2023

Priyanka Swamy, CEO and Founder of Perfect Locks – a market-leading brand in the hair extension industry – neatly summed up the importance of supply chain management with this statement: “Due to the ever-evolving nature of the industry, we face a unique challenge – keeping up with changing trends and customer demands.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. More expensive borrowing.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Unleashed

NOVEMBER 28, 2022

Inventory replenishment is the process of purchasing the goods, components, and raw materials needed to build and sell products. It ensures products and materials are procured and delivered to the warehouse in a cost-effective, timely way. In this inventory replenishment guide: What is inventory replenishment?

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Resource Reduction 98

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. Source: Zebra Technologies). The global last-mile delivery market size is expected to reach $61.57 from 2019 to 2025.

Optimal Sourcing 52

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

Unleashed

JULY 10, 2023

S&OP aims to establish an integrated plan for the following activities: Sales Marketing Finance Production Procurement Supply chain management Inventory management Demand planning Inventory planning Materials planning S&OP is designed to ensure all the different business teams are working together to maximise efficiency and profitability.

S&OP 40

S&OP Supply and Demand Supply Chain Planning Software Inventory Reduction 40

Unleashed

DECEMBER 12, 2023

This article explores the benefits of good BOM management, the role of a BOM manager, and how to manage your BOMs effectively with best-practice processes, software, and equipment. These components help manufacturers to effectively plan, source, and manage the production process.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

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. This is achieved through accurate demand planning and effective warehouse management.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. When the COVID-19 pandemic began wreaking havoc in global supply chains, smaller companies turned to 3PL providers for help. What is 3PL?

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Kanban Logistics

APRIL 17, 2023

When too much of your existing space is dedicated to storing and staging materials – not making products – and you’re not looking for physical expansion, JIT delivery is an ideal solution. It was also a very expensive way to operate since items had to be purchased well before they were used. What is a “just in time” delivery system?

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Material Savings 52

Unleashed

AUGUST 3, 2021

purchase in bulk, hoarding quantities?of New Zealand industry sources report that pet food suppliers sold? they had to respond to supply?chain?disruptions, disruptions, plus the need to keep?employees?safe,?and also disrupted lead times.?These These disruptions?and ethically sourced and eco-friendly.?

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

EazyStock

APRIL 13, 2022

A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Considering every phase in the supply chain, such as sourcing goods, logistics and delivery, the strategy optimizes operations to reduce costs and maximize profits. Purchasing.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Supply Chain Design Software 52

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

How do you ensure delivery if once reliable supply chains break? The industrial equipment and machinery (IM&E) industry needs to start looking at solutions that will handle change in key elements of the supply chain, production operations, and shipment activities without being disrupted.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain. Strategic product segmentation, sourcing and inventory management.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

ToolsGroup

OCTOBER 25, 2022

The better your understanding and management of seasonal stock, the less the specter of supply chain disruption will keep you up at night. For instance, there may be a slow-moving bolt that will really come in handy when snow plows hit the roads, but you don’t want a warehouseful of those bolts during the summer.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156