Supply Chain Game Changer

SEPTEMBER 29, 2020

This was certainly going to be a much more demanding and risky approach but it was absolutely necessary. The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/Demand Planning. Buyers historically purchased materials in a very indistinguishable manner.

Inventory 98

Inventory Raw materials Supply Chain Optimization Demand 98

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand.

Supply Chain Optimization 98

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

SCMDOJO

JULY 13, 2022

It’s designed to change the way education happens online by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. Whether you’re looking for a career in purchasing, transportation, logistics, supply chain/demand planning, or management, every aspect is covered.

Supply chain 138

Supply chain Supply Supply chain management Supply chain management 138

SCMDOJO

MARCH 19, 2024

Improved Customer Satisfaction A structured department is better equipped to handle customer demands. This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Facilitate production planning and resource allocation.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Supply Chain Game Changer

OCTOBER 28, 2020

This tracks with what we’ve often spoken about: professionals in the field are in high demand, and this demand is only increasing. Anecdotally, this is a bit lower in Canada, except for particular functions with very strong starting compensation like Demand Planning. The median compensation in the field was $82,007.

Supply chain 98

Supply chain Supply Leadership Supply chain management 98

SCMDOJO

DECEMBER 14, 2023

Sourcing agencies excel in handling these intricacies, ensuring a smooth and efficient flow of products from supplier to buyer. Handling Increased Procurement Demands: As your business grows, so do your procurement needs. From selecting shipping methods to managing customs clearance, the process can be complex.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Let's Talk Supply Chain

JANUARY 13, 2025

Before joining GAINS, Amber was a Senior Research Director at Gartner, where she advised over 1000 clients spanning software vendors, prospective buyers of software, end-users of software, and institutional investors on advancing their supply chain strategies to drive performance.

Data 52

Data supply chain software solutions Supply Chain Optimization Inventory 52

The Good Spending

SEPTEMBER 2, 2023

High complexity of demand management As we know, the procurement process starts with demand planning and analysis. In the IT department itself, such planning is challenging. This is a very complex and resource-intensive process that requires high qualifications of participants working in a cross-functional team.

Sourcing 59

Sourcing Procurement Category management Demand Planning 59

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Analyze sales and make accurate demand tests The first step for good inventory planning is to use accurate demand forecasts.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Analyze sales and make accurate demand tests. The first step for good inventory planning is to use accurate demand forecasts.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Analyze sales and make accurate demand tests. The first step for good inventory planning is to use accurate demand forecasts.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Real-time Visibility Inventory 52

Supply Chain Game Changer

NOVEMBER 10, 2018

Because the pace of business has increased exponentially, and businesses must be able to respond to new market demands with agility and innovation. In this climate, buyers are relying on suppliers more than ever before. Supplier collaboration has always been a function of maintaining a delicate balance between demand and supply.

Collaboration 78

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 78

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. And we would not compromise our ability to meet customer demands.

Inventory 61

Inventory Management Agile and Lean Supply Chain Raw materials 61

Let's Talk Supply Chain

JUNE 15, 2023

Resources: Buyer’s Guide: How to Buy Last-mile Delivery Technology The Ultimate Guide on Shipping Process Report: Eye on last-mile for logistics Watch the podcast episode where we discuss the Last Minute Last Mile with FarEye.

Route optimization 98

Route optimization Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 98

Finale Inventory

JULY 26, 2024

Effective inventory management enables you to meet customer demand, optimize cash flow, and reduce carrying costs. Accurately forecasting demand is one of the major challenges in parts inventory management. This ensures that you have the right amount of stock on hand to meet customer demand without incurring unnecessary costs.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Supply Chain Brain

JUNE 18, 2018

In particular, retail stores are still struggling with the challenge of efficiently shipping items directly to the buyer. How do seasonal trends affect local demand? Can vendors adjust production and delivery schedules to account for markets with varying levels of demand? That’s precisely what it’s designed to do.

Demand 40

Demand Order Fulfillment Inventory Buyers 40

World of Procurement blog

MAY 8, 2024

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. Advanced technologies like artificial intelligence and machine learning are also being leveraged to optimize decision-making in areas like demand forecasting, market intelligence, and supplier identification.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Brain

MARCH 26, 2018

Creating a long horizon is important because the buyer need to have an accurate sense of a supplier’s total capacity for producing over time. Regulations and customs duties often change with the new year, so that information has to be incorporated into a long-range scenario.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40

The Procuretech Podcast

FEBRUARY 22, 2022

Demand planning. Something close to my heart as an ex-automotive direct materials buyer, Ravacan offers the ability to have a digital tooling asset register within the platform. Ravacan can do this and intelligently switch the percentage split based on a number of different criteria. Spend analytics.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Innovation Supply chain 40

Procurement Tactics

MARCH 27, 2023

Supply chain forecasting refers to the process of predicting demand by looking at past and present information to help businesses make decisions about their plan, budget, and stock inventory. Having too little in stock means running out at unfortunate times when the demand is high, causing your buyers to buy elsewhere.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

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. There is no visibility to, ratification of, or governance of the demand being loaded into the ERP system. All supply requirements, resource planning and financial forecasting flow from this demand.

Inventory 71

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 71

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. There is no visibility to, ratification of, or governance of the demand being loaded into the ERP system. All supply requirements, resource planning and financial forecasting flow from this demand.

Inventory 58

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 58