Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Sourcing was both a cost as well as landed cost decision factor. Change of Leadership and Overall Business Strategy.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

OptiProERP

SEPTEMBER 22, 2022

Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Often, the quickest and easiest way to cut costs is by accepting minimum quality levels or reducing employees. How Can You Reduce Manufacturing Costs? Step 3 – Cost Analysis.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

Unlike many of the large logistics providers, they operate on thin margins and generally considered to have limited resources to devote to decarbonizing their operations. Unlike their customers, usually large shippers with their own sustainability strategies and targets that often span their entire supply chain.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

ModusLink Corporation

APRIL 22, 2024

Introduction: In today’s interconnected world, businesses are seeking agile and cost-effective strategies to meet the demands of an ever-evolving market. Dynamic inventory optimization to minimize lead times and reduce costs. Cost-saving initiatives such as lean manufacturing and waste reduction strategies.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. But when should you consider reducing inventory? The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

ivalua

JUNE 14, 2023

It is important to support this workstream through a team of key individuals: Sponsor: A high-level executive who champions the procurement application implementation, the sponsor provides critical support, resources, and influence. With reliable and actionable data, this workstream can help identify trends and motivate informed decisions.

Optimal Sourcing 239

Optimal Sourcing Sourcing Strategies Procurement Resource Reduction 239

ThroughPut

DECEMBER 4, 2022

This ensures enhanced stock availability and reduction of lost sales. Adopt these 5 Data-driven demand forecasting and replenishment planning Strategies for end-to-end supply chain efficiencies. These replenishment planning strategies can help in the long term-. Reduced run-hours powered with replenishment and fulfillment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Logistics Viewpoints

AUGUST 16, 2023

It’s good to see these companies recognizing the impact of climate change, and changing their policies, sourcing, and manufacturing practices to reduce emissions. Clearing land and cutting down forests can also release carbon dioxide. Agriculture, oil and gas operations are major sources of methane emissions.

Resource Reduction 206

Resource Reduction Supply Chain Strategy Manufacturing Procurement Supply Chain 206

Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Unleashed

OCTOBER 4, 2023

It also ensures that resources are used efficiently. Reduced operating costs: Effective order fulfilment can minimise costs associated with processes like inventory management, packing, and shipping. Order fulfilment strategies There are several order fulfilment strategies that you can implement in your business.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Logistics Viewpoints

APRIL 3, 2024

Across the globe, companies continue to pledge to reduce their emissions, capture their emissions, and help to reduce the negative impacts of climate change. Scope 1 emissions include all direct emissions that are generated from sources that are directly owned or controlled by an organization.

Manufacturing Procurement 226

Manufacturing Procurement Sustainability Manufacturing Supply Chain Design 226

Enterra Insights

JUNE 10, 2020

The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints.” ” Cecere’s remarks beg the question: What should your company’s supply chain strategy be going forward? What is supply chain strategy?

Sourcing Strategies 130

Sourcing Strategies Price Reduction Resource Reduction Cost Reduction Strategies 130

Freightos

APRIL 25, 2024

More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.

Cargo 165

Cargo Cost Reduction Strategies Price Reduction Material Savings 165

ivalua

JANUARY 30, 2023

Scope 3 emissions are the largest source of greenhouse gas (GHG) emissions for an organization–extracted from a wide range of activities–including purchased goods and services, waste disposal, capital goods, and business travel. Formalize the reporting of Scope 3 emissions, reduction targets, progress, etc. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

ivalua

JANUARY 30, 2023

Scope 3 emissions are the largest source of greenhouse gas (GHG) emissions for an organization–extracted from a wide range of activities–including purchased goods and services, waste disposal, capital goods, and business travel. Formalize the reporting of Scope 3 emissions, reduction targets, progress, etc. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

QAD

JUNE 29, 2023

Here are five key strategies for designing quality from the start, along with the tools, steps and environment needed to make it happen. Those should include all aspects of the product’s life cycle, including dimensional characteristics, performance, durability, assembly, maintainability, serviceability, sustainability and sourcing.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

DELMIA Quintiq

JULY 31, 2023

Some consumers also switched to lower-cost meats or cuts, or cheaper store brands. This could have important strategic implications for retailers and F&B companies, including pricing strategies, marketing, promotion, product mixes and volume expectations. What is an example of sustainable food?

Sourcing Strategies 156

Sourcing Strategies Supply Chain Planning Software Waste Reduction Price Reduction 156

Unleashed

APRIL 18, 2024

Any opportunity to minimise waste and reduce your business costs means greater revenue, higher profits, and happier customers. Just-in-time manufacturing is a strategy that directly aligns raw-material supply deliveries with production schedules to increase efficiency and decrease waste. Here’s how it works.

Just-in-Time 52

Just-in-Time Manufacturing Procurement Waste Reduction Inventory Reduction 52

RFgen

FEBRUARY 15, 2023

Strategy is a critical aspect of supply chain management. By managing processes like planning, sourcing, production, and delivery, companies can reduce costs, safeguard against undue risk, and pivot quickly when faced with the unexpected. Creating a new supply chain strategy can be complicated, if not daunting.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

ToolsGroup

JULY 12, 2023

Retailers can now supercharge their OMS with Dynamic Fulfillment’s advanced optimization logic that reduces markdowns and shipping costs, improves margins, and satisfies customer SLAs. Customers report a 5% improvement in revenue growth and up to 25% increase in planning efficiency, on top of double-digit reductions in lost sales.

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Real-time Visibility Optimization Software 156

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. They prioritized projects that reduced inventory and logistics expenses. What are the strategies that helped the best survive? FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

OptiProERP

NOVEMBER 3, 2022

Forty-two percent of SMBs consider digital transformation a central part of their organizational strategy. Developing an Effective Digital Transformation Strategy. A digital transformation strategy is a detailed plan to improve business operations. And as stated earlier, it isn’t only large companies transforming.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Supply Chain Game Changer

APRIL 28, 2020

In many cases the use of single sourcing, or sole sourcing, Procurement strategies has limited the ability for Supply Chains to access alternate sources of supply and more rapidly support higher than normal demand levels. What is Single Sourcing or Sole Sourcing?

Manufacturing Procurement 82

Manufacturing Procurement Sourcing Strategies Purchasing Skills Sourcing 82

Enterra Insights

NOVEMBER 8, 2023

that are connected from the extraction of resources to the doorstep of consumers. The first model is a method in which resources and goods are available right when they are needed. The plus side to this model is reduced inventory and cost savings because less storage space is required.

Resource Reduction 130

Resource Reduction Supply Chain Software Modeling Software Inventory Reduction 130

Enterra Insights

FEBRUARY 17, 2022

Without a holistic vision and strategy, technologies purchased to enhance one city system might not be compatible with technology utilized to enhance other urban systems. … Information from 500 different sources, such as traffic cameras, 911 data, radar detectors and weather stations, feeds into Chattanooga’s digital twin.

Sourcing Strategies 130

Sourcing Strategies Expense Reduction Cost Reduction Strategies Resource Reduction 130

Supply Chain Game Changer

JULY 28, 2020

It sounds beneficial on the surface but is it a realistic long term strategy? Every source of materials and components, every manufacturing facility, every warehouse and distribution channel, and every logistics mechanism is duplicated. To establish, manage and maintain a Supply Chain takes a lot of resource.

Material Savings 100

Material Savings Expense Reduction Resource Reduction Inventory Reduction 100

The Logistics & Supply Chain Management Society

JULY 16, 2023

This article explores the concepts of resilience and agility in supply chain management, their link with change, and the strategies employed to navigate the evolving business landscape. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Agile and Lean Supply Chain 130

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

QAD

AUGUST 12, 2021

If you’re reading this blog in 2021, you know about the increasing importance of sustainability and reduced environmental impact with fires in the western US, excessive flooding in Europe and a recent Canadian heat wave. The benefits go beyond brand allegiance to include: Improved operational efficiency with reduced waste and costs.

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

QAD

AUGUST 4, 2021

Now, consumers are more comfortable than ever ordering items online and having them delivered to their doorstep—and B2C companies are suddenly competing amongst themselves and with the B2B sector for delivery resources to provide a consumer convenience that wasn’t needed 2-3 years ago. The Semiconductor Shortage. Supply Chain Cleansing .

Resource Reduction 98

Resource Reduction Material Savings Sourcing Strategies Supply Chain Strategy 98

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. To build an agile supply chain, an ecommerce business must have the resources to: Optimize and improve logistics operations efficiently. Order fulfillment.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Intelligent Audit

NOVEMBER 3, 2020

And supply chain leaders need to know what that means for peak season shipping strategy and how business intelligence , including analytics, can have a meaningful impact. . Extended Peak Season Strategy Characteristics Use Analytics in Tendering. Create a Future-Proof Peak Season Strategy With the Right Data Partner.

Sourcing Strategies 98

Sourcing Strategies Resource Reduction Supply Chain Strategy Strategy 98

RFgen

MAY 26, 2023

To stay ahead in today’s highly competitive market, organizations must adopt smart strategies for avoiding inventory stockouts and overstocking. In this article, we’ll dive into proven strategies to help you maintain the perfect inventory balance and keep your customers coming back for more. Got Inventory Problems?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Material Savings Cost Reduction Strategies 52

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

With market swings and changing consumer demands forcing companies to adapt to stay competitive, one approach that has gained popularity in recent years is the use of Global Shipping Alliances (GSAs), which are agreements between multiple carriers to share vessels, routes, and other resources. The 2M alliance will be disbanded in 2025.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

ThroughPut

OCTOBER 14, 2021

It is, therefore, imperative to cut down wastage in terms of both cost and resources by better organizing logistics in the supply chain. . Buffers in terms of inventory, capacity planning , and time work well together to eliminate bottlenecks in the construction material supply chain. .

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52

EC Sourcing Group

MAY 3, 2023

When we make more environmentally friendly sourcing choices, we can reduce greenhouse gas emissions and minimize our impact on the environment. In our previous blog post, we discussed the benefits of sourcing locally. Unsurprisingly, technology has a role to play in green supplier selection.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Procurement Solutions 52