Supply Chain Action Blog

JUNE 14, 2017

The Emerging Role of Optimization in Business Decisions. Optimization was sometimes considered a subject best left to impractical theorists, sequestered in small cubicles deep in the bowels of the building to which few paths led and from which there were no paths out. Optimization helps decision-makers do just that.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Optimization Inventory Bill of materials 40

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out The Supply Chain Detective ! In Search of Broken Supply Chain Clues! But I also found that the ability to grow your Farm by adding capabilities and features, by controlling the way in which you buy and sell things, and managing your inventory levels of all of the materials was both fun and interesting.

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Agile and Lean Supply Chain Supply Chain Optimization Supply chain Raw materials 46

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

The Good Spending

OCTOBER 11, 2021

Supply chains evolving into demand networks Supply chain management overlooks the end-to-end production flow of goods or services — from the raw materials to the final product delivery to the end consumer. With the rise of information technologies, the role of consumers has become dominant in supply chains.

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Demand Supply Chain Efficiency Management Raw materials 52

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. They are usually readily available in the market, and their purchase does not significantly affect the company’s profitability.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Arkestro

JUNE 20, 2023

Research-backed procurement strategies can help CFOs achieve their goals while minimizing risk exposure across global supply chains. Challenge 2: Supply Chain Disruptions The procurement and supply chain industries are currently like the wild west.

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Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 58

Spend Matters

OCTOBER 4, 2023

Since Spend Matters last examined it in 2019, it has expanded its coverage beyond the food and drinks vertical to include raw materials (industrial materials, energy and transportation. By eliminating manual tasks and improving visibility, Productiv optimizes an organization’s SaaS portfolio and enhances operational efficiency.

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Procurement e2e Contract Sourcing 85

Supply Chain Trend

MAY 14, 2017

Every so many years, a new supply chain terminology takes the front page and dominates the conversation in magazines and conferences. In the last decade or two we’ve seen JIT (Just in Time), TQM (Total Quality Management), 6 Sigma, S&OP (Sales & Operations Planning), Lean, Agile, Demand-Driven Supply Chains…to name just a few.

Data 68

Data Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 68

Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Examples include cost savings, cost avoidance, and purchase price variance.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice.

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Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 52

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice.

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Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 52

Una

MARCH 6, 2023

9 Innovative Purchasing Concepts for Procurement Implement various innovative purchasing concepts to ditch the old-school way of doing things and bring your procurement function up to speed. Innovative purchasing concepts Getting innovative in purchasing doesn’t necessarily mean leveraging the latest piece of technology.

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Innovation Purchasing Agile and Lean Supply Chain Supplier relationship management 98

Planergy

DECEMBER 29, 2022

Managing marketing procurement can help to ensure that the raw materials needed to create a product are available when they are needed. This, in turn, can help to save time and money by avoiding production delays due to a shortage of materials. Use PLANERGY to manage purchasing and accounts payable. Download PDF.

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Procurement Raw materials supply chain budgeting supply chain software solutions 52

Empowering CPO

JUNE 26, 2023

As a leading procurement services company specializing in spend analysis, EmpoweringCPO understands the vital role that insightful data plays in driving informed decision-making and optimizing procurement processes. Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Supply Chain Game Changer

OCTOBER 11, 2022

Subscribe to Supply Chain Game Changer. How to Invest to Make Your Supply Chain More Efficient! Supply chains are central to optimal eCommerce results. The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition.

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Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 81

Supply Chain Game Changer

JULY 14, 2020

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! And what is the new normal in Supply Chain? What’s the New Normal in Supply Chain? What’s Normal in Supply Chain Anyways?). This is NORMAL in Supply Chain.

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Agile and Lean Supply Chain Supply Chain Optimization Supply chain Real-time Visibility 93

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. In this guide, you’ll find everything you need to know about lead time and how to use it to optimize your order fulfillment. Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. Subscribe Here! Email Address. Components.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Inventory Supply Chain Optimization 98

Supply Chain Game Changer

JANUARY 22, 2019

Technologies Reshaping the Global Digital Supply Chain! Imagine what the future will look like in Supply Chain! There are articles which describe what the future of Supply Chain will be like in 2020, 0r 2025, or even 2030. So how can all of this be used to shape what happens in Supply Chain?

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Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization Supply chain 79

Pipefy

JANUARY 31, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now 3 types of procurement methods Direct procurement Direct procurement deals with the purchasing of products or services that are essential to the business core. It’s more common for direct procurement to involve rigid purchasing (i.e.

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Purchase orders Purchasing Procurement Quantity 59

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. There’s a rising demand for raw materials and products and inadequate drivers to ship products. Optimize Routes.

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Positive Purchasing

NOVEMBER 9, 2023

A Wider Horizon You will be familiar with the idea of optimizing what you buy. Now, with the need to move beyond price and security of supply to sustainable and ethical sourcing, procurement must become a more strategic and proactive function. Ultimately, you may need to help evolve the organization’s brands and overall proposition.

Sustainability 111

Sustainability supply chain budgeting Category management Influencing 111

Finale Inventory

MARCH 28, 2024

The Baker Retailing Center at the Wharton School of Business found that sustainability is more important than brand names as a purchase factor, and 68% of consumers overall would pay a premium for sustainable goods. For example, PwC found that half of consumers would pay up to 10% extra for brands with a more sustainable supply chain.

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Supply Chain Efficiency Raw materials Inventory Sustainability 52

Procurement Software

MARCH 5, 2024

These modules can be purchased separately or as one complete suite. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Planergy

JULY 21, 2023

This contingent labor allows you to optimize your marketing without fully engaging an internal marketing department or marketing agency. This typically includes raw materials and components. Examples include office supplies or advertising campaigns.

Management 52

Management Procurement supply chain budgeting Budget 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

Solvoyo

MAY 27, 2019

In the Supply Chain Planning context, these include decisions about which products to keep in stock, where to keep them, when to replenish them, how to improve service levels for customers, how to liquidate excess stock in the most profitable way, how to respond to changes in customer demand in the most agile way, and etc.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 40