SCMDOJO

APRIL 4, 2023

But like any new technology, there are hurdles to overcome when implementing supply chain analytics. In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Precoro

APRIL 18, 2023

Supply chain visibility is a company's ability to keep track of raw materials, components, and final products – in batches or individually – as they move through the entire supply chain from suppliers through production or assembly to retailers and end customers.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Unfortunately for many, basic supplier insights, such as contract, spend, performance, risk, and compliance data isn’t so easy to get a hold of, or begin to analyze. Better Supplier Evaluations = Better Procurement Intelligence.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. As supply chains become more complex there is a greater need to cultivate clear, measurable ways to evaluate every supplier. Optimises performance. Reduces costs. Risk mitigation.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

HICX Solutions

FEBRUARY 15, 2024

Therefore, awareness of changes in global regulatory legislation and a focus on sustainable procurement have never been so important for organizations of all sizes. This is not only in terms of their ethos and values but also in providing them with the best possible customer experience when purchasing from an organization.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 52

Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. Using supplier management software , supplier performance against these KPIs can be monitored over time.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

The complexity and interconnectedness of the global supply chain have led to organisations becoming more dependent on suppliers than ever before. Hence, businesses must undertake the strategic sourcing process to mitigate risks in an uncertain environment and improve retail competition.

Agile and Lean Supply Chain 130

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

Precoro

MAY 19, 2023

A transparent and well-controlled supply chain plays a crucial role in a company’s success. To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

ShipBob

SEPTEMBER 20, 2021

For many growing and established direct-to-consumer (DTC) brands alike, the supply chain is the most critical but also most challenging aspect of their operations. . The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs.

Optimal Sourcing 52

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

SupplyOn

APRIL 23, 2020

SupplyOn Analytics links internal and external information – thus ensuring visibility and a robust, crisis-proof supply chain Planning, purchasing, logistics and transport management are traditionally separate processes, typically located in different departments.

Just-in-Time 40

Just-in-Time Procurement Analytics Predictive Analytics Analytics Software 40

GlobalTranz

JANUARY 4, 2016

Start today by re-imagining your supply chain. Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. 2016 Supply Chain Trend #2: Responding to Innovation & Change But with An Eye On Fundamentals.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

KEPLER Consulting

DECEMBER 11, 2019

Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . This approach impairs flexibility to cope with the hazards of the various downstream systems (production tool, customer demand, etc.). Sources Cachon G.P. Some studies (Cachon and Fischer (2000); Lee et al.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 93

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 93

Supply Chain Matters

JUNE 16, 2022

On the transportation and logistics front, indications that supply vs. global demand shortfalls relative to fossil-fuels are likely to extend for some time, leading to continued high global wide fuel costs. The goods news is that there are added technology tools to be able to sense, analyze and best respond to risk factors.

Material Savings 52

Material Savings Inventory Reduction Cost Reduction Strategies Price Reduction 52

ivalua

NOVEMBER 12, 2019

The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc. in the most recent The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q1 2018.

Risk Management 20

Risk Management Optimal Sourcing Procurement Solutions Modeling Software 20

Logistics Bureau

JANUARY 7, 2020

That figure highlights like no other how critical the interrelations are between an enterprise and its supply chain. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies. Procurement costs. Waste in the supply chain.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Supply Chain Matters

JUNE 21, 2022

The argument is one stated by this blog along with others, namely that the longer that higher global-wide ocean transportation cost increases exist at 2021 levels, the more compelling is the requirement for manufacturers and retailers to consider reshoring or nearshoring sourcing strategies. Bob Ferrari.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

Supply Chain Shaman

DECEMBER 4, 2018

He is currently the vice president of global supply chain. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. As a B2B company, procurement management is essential. Solutions, for example, can take from 12 to 16 weeks to manufacture.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. while nearly doubling the size of the company. This is in a position to shift again.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

ThroughPut

APRIL 2, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence.

Optimal Sourcing 52

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

Supply Chain Matters

OCTOBER 20, 2023

The Tesla financial performance reportedly sparked a selloff of other EV automaker stocks including Fisker , Lucid , and Rivian. They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

SCMDOJO

NOVEMBER 2, 2023

Hire any of them as your supply chain consultant and see the difference! Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He is one of our incredible supply chain experts.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

QAD

FEBRUARY 21, 2023

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance.

Manufacturing Procurement 93

Manufacturing Procurement Supply and Demand Inventory Reduction Demand Planning Software 93

Taulia

JUNE 26, 2023

By focusing on improving their supply chain processes, businesses can improve product quality, avoid inventory shortages or oversupply, increase customer satisfaction, protect against supply chain risks, and reduce costs. Then, move on to build your supply chain to suit those metrics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Logistics Bureau

APRIL 18, 2019

81% of young professionals working in supply chain say that it was the right career choice. Source: Council of Supply Chain Management Professionals 2017 Survey. The scope of supply chain management and operations is very broad , and no two companies necessarily have the same approach to it.

Manufacturing Procurement 80

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 80

QAD

JUNE 20, 2019

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Reduction Cost Reduction Strategies Optimal Sourcing 105

Supply Chain Game Changer

JUNE 2, 2020

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. He is a frequent speaker, college lecturer and author on topics that include Supply Chain Risk Management, Environmental Sustainability and Governance, and the use of new A.I.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

ShipBob

FEBRUARY 26, 2024

Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness. It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. This allows you to restock the right amount of inventory at the right time.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

ThroughPut

JUNE 24, 2022

With their ability to handle mass data, AI driven tools can prove to be highly effective in inventory management. These intelligent systems can analyze and interpret huge datasets quickly, providing timely guidance on forecasting supply and demand. This can help enhance overall supply chain performance.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

6 River Systems

JANUARY 10, 2019

Supply chain optimization, however, is complex, encompassing everything from warehouse operational performance to logistics planning and more. Building and maintaining relationships in your supply chain. Secondary and contingent supplier planning. Invest in continuing training programs.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

Supply Chain Shaman

SEPTEMBER 13, 2016

The change in front of us will transform the base-level definitions of source, make and deliver. As shown in Figure 1, the biggest obstacles to power improvement/performance are traditional supply chain thinking, the lack of organizational alignment and a focus on functional excellence. Tradition is deeply rooted.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Intelligent Audit

OCTOBER 28, 2021

Supplier deliveries took a bit of a dive and slowed down considerably over the course of the pandemic, while the rate of purchase and consumption only grew. This created an even wider gap between supply and demand, and manufacturers have struggled to build inventories and maintain enough supply to meet the still soaring consumer demand.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Supply Chain Planning Software Optimal Sourcing 52

Taulia

JULY 11, 2023

A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example. Build an ESG-compliant supplier base To address ESG risks, companies need to put ESG at the forefront of how they do business – and that starts with the procurement process.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40