The Logistics & Supply Chain Management Society

FEBRUARY 16, 2022

His experience covers the full Logistics spectrum, from raw material procurement to physical distribution and eventually Customer Service and care, with a strong grounding in Quality and Six Sigma.

Supply Chain Software 244

Supply Chain Software Supply Chain Optimization Optimal Sourcing Six Sigma 244

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Supply Chain Movement

SEPTEMBER 26, 2016

Get experience on Lean and Six Sigma in indirect procurement. Learn from key practical case studies: Vodafone covering advanced P2P journey including process mining and data analytics, robotics and more sophisticated areas like cognitive procurement. IKEA looking at Lean / Six Sigma for P2P indirect process.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 93

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 93

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

His experience covers the full Logistics spectrum, from raw material procurement to physical distribution and eventually Customer Service and care, with a strong grounding in Quality and Six Sigma.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

SCMDOJO

JUNE 6, 2023

Many professionals rely on MS Excel as the go-to software for supply chain and procurement tasks but creating detailed dashboards can be time-consuming and exhausting. In this article, we will explore six of such supply chain tools that will revolutionize your workflow, ultimately saving you up to 30 hours of valuable time!

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Optimization Software Material Savings 94

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. When you know the value, location, and quantities of your stocked items you’re in a better position to make informed decisions around procurement and sales – ultimately resulting in reduced production costs and improved profitability.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SCMDOJO

JUNE 21, 2023

SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 94

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. How do you know you are getting what you paid for? 3PL/SLA Skills/Knowledge.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 74

Talking Logistics

FEBRUARY 4, 2016

Lean Six Sigma (LSS) thrives on the notion that there is always room for improvement, and it looks to eliminate defects that can hinder the flow of a process from moving toward its performance end goal. The question to pose instead is “How can we improve?” He has also held management positions at UPS and Airborne Express/DHL.

Six Sigma 100

Six Sigma Optimal Sourcing Agile and Lean Supply Chain Logistics Network Optimization Software 100

SCMDOJO

JUNE 1, 2023

You may well have procurement or warehousing experience, but if that’s not what you are applying for, don’t go at a tangent to mention that – not only are you wasting CV space, but also the time of the reader – you will have plenty of time when progressing to the interview stage to mention these in terms of transferable skills.

Supply Chain Design Software 115

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 115

SCMDOJO

JULY 26, 2023

Negotiation, a crucial skill in the realms of business and procurement, demands the ability to remain calm, collected, and confident even in the most challenging situations. These films were chosen to inspire and educate both aspiring negotiators and seasoned procurement managers.

Negotiating Skills 94

Negotiating Skills Purchasing Training Buyer Training Manufacturing Procurement 94

SCMDOJO

AUGUST 21, 2023

These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network. Moreover, his content delves beyond procurement, unraveling the core competencies and skills essential for triumphant supply chain management. 8) Procurement4.0

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

The Logistics & Supply Chain Management Society

JULY 16, 2023

The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. These changes have increased the speed and accuracy of information flow, enabled real-time visibility, and improved collaboration among supply chain partners.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Game Changer

NOVEMBER 9, 2018

And they had also merged Six Sigma with their Lean program. Tools Complicated With Lean and Six Sigma Combined. Lean and Six Sigma both have their place in driving continuous improvement. This may mean adopting Lean for instance in preference to Six Sigma to get your initiative back on track.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

Supply Chain Opz

APRIL 1, 2018

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute procurement and sourcing strategy like the world's leading companies. Best Logistics Books are as below: 1. Cons: It covers a lot about "Inbound Logistics" or management of incoming materials.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

GlobalTranz

JULY 12, 2016

The backbone of Lean Six Sigma methodology, DMAIC ensures sustained, defect-free performance and highly competitive costs. This is the heart of Lean Six Sigma : reducing variation to make a process more stable and predictable. Use the five step approach to understanding the "why" of your operations, not just the "how."

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 79

Procurement Academy

NOVEMBER 4, 2022

Demand-driven material requirements planning (DDMRP), introduced just over a decade ago, is a fusion of five existing methodologies: Core MRP, Distribution Requirements Planning (DRP), Theory of Constraints (TOC), Six Sigma, and Lean.

Supply and Demand 52

Supply and Demand Demand Planning Software Supply Chain Planning Software Material Savings 52

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

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

GlobalTranz

SEPTEMBER 28, 2016

2) Implement Continuous Improvement Projects ( Lean, Process Capability, Six Sigma ) with Key Strategic Suppliers to Drive Cost-Out and Supply Base Capability. . Supplier Development contributes towards 5 Key Work Streams in Supply Base: . About Author.

Supply Chain Planning Software 120

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

GlobalTranz

MARCH 23, 2016

The focus is to eliminate all wastes in the organization, improve processes, solve root cause problems, create a pull environment, and ensure that Lean Six Sigma (LSS) works for quality and daily problem solving using DMAIC (Define, Measure, Analyze, Improve, and Control) and PDCA (Plan, Do, Check, and Act). Why are we doing this?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

FEBRUARY 17, 2016

For instance, if the customer and employee feedback show that product quality issues are prevalent, Lean Six Sigma has to be improved. Make the adjustments requested to give value to your customers’ beyond their expectations. Product quality is essential to retain customers.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

SCMDOJO

DECEMBER 18, 2023

This gauges the responsiveness and effectiveness of the procurement process. Overall Cost-Effectiveness: Assess the cost-effectiveness of spare parts management by considering factors such as procurement costs, holding costs, and the overall impact on operational expenses. Stockout Rate: Monitor the frequency of stockouts.

Inventory Reduction 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

USC Consulting Group

JANUARY 4, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Five Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Operations consultants will first look at your current operations model, systems and day-to-day processes of getting the job done.

Sourcing Strategies 40

Sourcing Strategies Manufacturing Procurement Six Sigma Optimal Sourcing 40

SCMDOJO

JANUARY 26, 2024

Muddassir is a Six Sigma black belt and founded the leading supply chain platform SCMDOJO to enable supply chain professionals and teams to thrive by providing best-in-class knowledge content, tools, and access to experts. Dr. Muddassir has received a PhD in Management Science from Lancaster University Management School.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 66

Supply Chain Network

JULY 10, 2011

Myers, 56, will lead the functional groups that make up the company’s integrated supply chain, including Procurement, Manufacturing, Engineering and Customer Service and Logistics. Kraft Foods (NYSE: KFT) announced today (June 30th) that Daniel Myers will join the company in September as Executive Vice President, Supply Chain.

Food 79

Food Agile and Lean Supply Chain Manufacturing Procurement Six Sigma 79

USC Consulting Group

JANUARY 10, 2022

They employ methodologies like Lean Six Sigma, SIOP, the Four Ms and other tactics to uncover what’s bedeviling your operation and create ways to solve those problems. Operations consultants will first look at your current operations model, systems and day-to-day processes of getting the job done.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Inventory Reduction 40

Supply Chain Game Changer

JUNE 17, 2020

He holds Bachelor’s, Master’s, and Phd in Engineering, is a registered Professional Engineer, and is a certified Six Sigma practitioner. He is a frequent contributor to industry forums, publications, and blogs. He can be reached at [link] or via LinkedIn. Joe Carson, CEO, Spend Strategies, LLC.

Manufacturing Procurement 71

Manufacturing Procurement Sourcing Strategies Sourcing Material Savings 71

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 79

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 79

SCMDOJO

APRIL 4, 2023

Purpose of SCM Analytics Supply chain analytics aims to provide insight and extract value from the large amounts of data associated with the procurement, processing, and distribution of goods. It is an essential element of supply chain management.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Supply Chain Game Changer

FEBRUARY 18, 2020

His experience covers the full Logistics spectrum, from raw material procurement to. Quality and Six Sigma. This includes senior management, government linked and academic positions in a variety of international companies and institutions based in Asia, the US, Europe and Australia.

Supply Chain Design Software 77

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Singapore 77

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

Logistics Bureau

JANUARY 19, 2016

How to fix the problem: Some measures that your company can take to prevent supply chain cost blowouts as a result of inefficiency include: Implement a continuous improvement program, such as lean or Six Sigma. Naturally, there is the direct cost of procuring and holding the inventory.

Supply Chain Planning Software 40

Supply Chain Planning Software Cost Reduction Strategies Negotiating Skills Agile and Lean Supply Chain 40

Supply Chain Game Changer

AUGUST 15, 2019

Commitment: This includes both their commitment to being a reliable partner for you and their commitment to standards of high quality, such as Six Sigma. suppliermanagement #procurement #purchasing. Capacity: Their ability to handle large orders, which is affected by how busy they are with other clients already.

Negotiate Pricing 58

Negotiate Pricing Purchasing Skills Negotiating Skills Price Reduction 58

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Streamline standards , including in procurement, packaging, and delivery. Procurement Analyst. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

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