SCMDOJO

NOVEMBER 9, 2023

When inventory control is not managed properly, it can result in various issues, such as financial losses due to overstocking or potential revenue losses from future sales. In the realm of sales, this knowledge allows you to anticipate when you might run out of stock and ensure timely restocking.

Inventory control 81

Inventory control Inventory supply chain budgeting Supply Chain Optimization 81

SCMDOJO

OCTOBER 27, 2023

Payment Terms Negotiation: Determining the payment schedule, methods, and other financial terms that best suit both the buyer and the supplier. Market Research: Market research is one crucial thing to do for effective supplier negotiation. You do not want to miss out on current market trends and conditions.

Supplier negotiation 91

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 91

IBM Supply Chain Blog

MARCH 29, 2024

It is achieved through a mix of customer service , marketing, customer success and product development. Perfect an omnichannel marketing strategy Companies can reach initial customers through a robust omnichannel marketing strategy, which creates personalized experiences.

Strategy 61

Strategy Purchasing Buyers Import 61

Supply Chain Trend

JUNE 28, 2023

Extended Planning & Analysis (xP&A) , is the evolution of financial planning beyond the finance function. In the 80s, the supply chain developed a process called Sales & Operations Planning (S&OP). One of my KPIs was monthly EBIT accuracy. This first article focuses on integrated planning and decision-making.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

EazyStock

NOVEMBER 19, 2020

What’s the financial impact of effective stock replenishment? Stock replenishment can have a significant effect on a business’s inventory risk and consequential financial situation. Prioritizing which stock items to carry based on their forecasts, an item’s demand volatility and pick frequency and cost of sales.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Inventory 98

Let's Talk Supply Chain

SEPTEMBER 1, 2022

He was also Cavallo Customer #1, someone who had grown his own wholesale distribution business into a resilient, hyper-competitive, and wildly profitable mid-market success. Essentially, this one pricing rule prevented “leaking” cost-of-goods-sold (COGS) improvements through pricing decisions made by the sales team. What’s next? .

supply chain software solutions 59

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Price 59

SCMDOJO

FEBRUARY 13, 2023

In this blog, we will be breaking down these roles and responsibilities for you and highlighting the importance of this very underrated organizational department. This requires a deep understanding of the supplier’s market and an ability to negotiate favourable prices through volume orders or payment terms.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

SCMDOJO

JANUARY 30, 2023

Alan Mulally Alan Mulally is best known for his tenure as the CEO of Ford Motor Company, where he led the company through a period of significant financial and operational turnaround. Explore their stories and accomplishments, and be inspired to become an effective leader in your own right. Don’t forget!

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 121

EazyStock

JUNE 24, 2020

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. Save Time by Automating Inventory Management Calculations. The process is endless.

Inventory 98

Inventory Management Supply Chain Optimization supply chain software solutions 98

Supply Chain Game Changer

SEPTEMBER 30, 2020

There are 3 things you need in order to modernize supplier evaluation, and truly gain data-driven buyer insights, and those are as follows: Clear KPIs / Supplier Evaluation Criteria (the What) Find the right Data Sources (the Where) Build Business Intelligence (the How?). But, you already know this.

Suppliers 53

Suppliers Data Supply chain Innovation 53

Supply Chain Game Changer

JULY 3, 2019

The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? Responsible Sourcing is a business-critical activity, in which participating actors are equally accountable for the ethical, social, environmental and financial impact during the trading of goods or services. Get Marketing Involved. Subscribe Here!

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Empowering CPO

MAY 4, 2023

This blog post will delve into the top 10 procurement best practices that have proven to be effective for modern businesses, enabling them to achieve their strategic objectives and create a competitive edge. These practices range from embracing digital transformation to fostering a culture of collaboration and innovation.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Blog post originally published by Argentus at [link] and permission to publish here provided by [link]. The field is becoming more digital, with end-to-end planning and blockchain technologies transforming the way products are coming to market. Subscribe Here! Email Address. What do you think about any of these topics?

Supply Chain Efficiency 49

Supply Chain Efficiency Supply chain Supply Logistics 49

EazyStock

APRIL 13, 2022

Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex. A good supply chain strategy is about fulfilling demand, driving customer value, improving responsiveness, facilitating financial success and building a good network.

supply chain budgeting 52

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