Strategic Sourceror

NOVEMBER 30, 2022

While supply chain disruptions have frustrated both buyers and sellers since 2020, many of the previous bottlenecks have since been dislodged, setting the industry up for what could be a banner year from a sales perspective, despite high inflation. "From a supply-chain standpoint, it's the opposite of last year."

Retail Supply Chain 62

Retail Supply Chain Supply Chain Efficiency Supply chain Supply 62

Skill Dynamics

JULY 8, 2022

An efficient supply chain management system is a necessity to the majority of organizations. The Wall Street Journal states ‘The principle describes how companies typically respond to a spike in demand by ordering more products than required to hedge against potential continued growing demand and to avoid stockouts.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Quantity Supply 52

SCMDOJO

FEBRUARY 13, 2023

To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management. They also manage the organization’s supply base to ensure coordination and efficiency.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Positive Purchasing

DECEMBER 6, 2023

Consumers are discerning and are increasingly demanding evidence, so woe betide the brand that talks the talk but fails to walk the walk! Inevitably, there are some supply chains that are riskier than others. With such a range of potential environmental and social risks and impacts, where on earth do you start?

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Positive Purchasing

DECEMBER 6, 2022

The motivation to become more sustainable goes beyond protecting the organization and is now a means to create competitive advantage, increase market share and build brand value, as today’s consumers demand more from the brands with which they engage. These lower tiers of the supply base often contain the biggest risk.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52

SCMDOJO

AUGUST 4, 2023

Try thinking of it this way, if you plan to make big profits, you would need to invest and diversify your portfolio into several sources to improve your chance of success. According to GT Nexus , an “out-of-stock” situation was experienced by 81% of consumers in the last 12 months. But when should you consider reducing inventory?

Inventory 91

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 91

Supply Chain Game Changer

MARCH 6, 2019

Subscribe to Supply Chain Game Changer. Organizations are ‘going carbon neutral by 2025’, and ‘implementing Artificially Intelligent business systems’ and ‘sourcing form solely environmentally friendly suppliers’. Responsible Sourcing. Subscribe Here! Email Address. 7 KPIs Your Procurement Team May Be Ignoring!

Procurement 50

Procurement Procurement team Supply Chain Efficiency Innovation 50