Spend Matters

MAY 8, 2023

These capabilities further extend Coupa’s existing advanced supply chain capabilities (Supply Chain Planning and Design solution). Purchase Order (PO) collaboration for buyers and suppliers to know in real-time the status of POs and Scheduling Agreements (SA), acknowledgements, ASNs, etc.

Spend management 73

Spend management Management Real-time Visibility Collaboration 73

SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs.

Supply Chain Optimization 75

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 75

SCMDOJO

DECEMBER 14, 2023

From selecting shipping methods to managing customs clearance, the process can be complex. Sourcing agencies excel in handling these intricacies, ensuring a smooth and efficient flow of products from supplier to buyer. If logistics seem like a maze, a sourcing agency can provide the navigational expertise needed.

Sourcing 74

Sourcing Supply Chain Efficiency Supply Chain Optimization Negotiation 74

Supply Chain Game Changer

SEPTEMBER 29, 2020

The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/Demand Planning. The gap in our ERP planning between demand and supply was reduced by 85%, resulting in a significant reduction in over ordering. Raw Material Management.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. So managing this in the most impactful way required invoking the 80-20 rule.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Supply Chain Game Changer

JANUARY 30, 2020

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. Additionally techniques such as SMI/VMI (Supplier Managed Inventory/Vendor Managed Inventory) with supply hubs in place can make the actual replenishment order lead time much faster still.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Supply Chain Game Changer

NOVEMBER 16, 2018

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. Additionally techniques such as SMI/VMI (Supplier Managed Inventory/Vendor Managed Inventory) with supply hubs in place can make the actual replenishment order lead time much faster still.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43