SCMDOJO

DECEMBER 29, 2024

12 Useful Websites to Help You Liquidate Inventory and Make Money This blog post is about websites that can help you sell excess inventory and convert it into cash. However, liquidation involves selling excess or unwanted inventory to convert it into cash.

Supply Chain Efficiency 93

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 93

Procurement Tactics

DECEMBER 7, 2022

Financial supply chain or supply chain finance describes a set of technology-based solutions that helps lower financing costs and enhance the business experience for sellers and buyers connected in sales transactions. . While suppliers can gain quick access to money the buyer owes them, the latter can get more time to pay their balances.

Supply Chain Efficiency 181

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 181

Supply Chain Game Changer

SEPTEMBER 29, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. Too much inventory, especially the wrong inventory, can negatively impact cash flow, return on investment, customer satisfaction, and profitability. Order our EBOOK HERE. A Process Based Approach.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Supply Chain Dive

DECEMBER 4, 2023

The apparel company has been cautious in its own buying while trying to meet the needs of department stores and others who seek agility to meet demand.

Buyers 99

Buyers Purchasing Inventory Demand 99

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

Supply Chain Game Changer

DECEMBER 9, 2020

The list is long: Inventory management is handled through your ERP Your product development team works through the PML Sales and marketing are housed in the CRM And it feels like half the company is still managing product data in spreadsheets. Inventory management starts with the fundamental in and out of your supply chain.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Supply Chain Opz

JUNE 23, 2014

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory 88

Inventory Management Inventory control Supply Chain Efficiency 88

TYA Suite

MAY 3, 2025

For example, if a purchase order isnt processed correctly, it could throw off your inventory, leading to stock shortages or overstock. PO) is a formal document created by a buyer to request goods or services from a supplier. Purpose of a Purchase Order (PO): is used by a buyer to officially request goods or services from a supplier.

Purchase orders 40

Purchase orders Purchasing Buyers Quantity 40

Jaggaer

OCTOBER 24, 2024

The concept goes beyond traditional buyer-supplier relationships, focusing on creating value through closer, more integrated partnerships. This not only helps avoid stockouts but also reduces the need for excessive inventory, reducing overage and storage costs.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52

ivalua

APRIL 20, 2021

The goal of trade credit is for the supplier to provide a 0% interest loan for the goods or services rendered allowing the buyer time to convert these inputs into a sale. Under the standard trade terms of Net 30, the buyer is given 30 days to pay the supplier after receiving the invoice for goods or services rendered. Is it worth it?

Supply Chain Efficiency 130

Supply Chain Efficiency Buyers Suppliers Purchasing 130

Finale Inventory

JULY 17, 2024

In-transit inventory is critical in ecommerce. For businesses, managing in-transit inventory is necessary to ensure the smooth flow of goods, maintain customer satisfaction, and optimize operations. In-transit inventory refers to goods currently in transit between two points.

Inventory 52

Inventory Real-time Visibility Purchase orders Supply Chain Optimization 52

Procurement Tactics

JUNE 8, 2023

A purchase order clearly specifies the details of the purchase, such as the quantity, description, and price, ensuring there are no misunderstandings between the buyer and the seller. Furthermore, purchase orders contribute to efficient inventory management. Its primary function is to communicate the amount owed by the buyer.

Purchase orders 130

Purchase orders Purchasing Buyers Quantity 130

ivalua

FEBRUARY 25, 2021

Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. Efficient warehouse management.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Strategic Sourceror

DECEMBER 5, 2022

Prior to the pandemic, just-in-time inventory — the supply chain management strategy of keeping "just enough" inventory in stock to satisfy expected demand — was considered conventional wisdom. What is just-in-case inventory? At its essence, just-in-case inventory is the inverse of just-in-time.

Inventory 62

Inventory Strategy Supply Chain Efficiency Management 62

Spend Matters

APRIL 15, 2025

Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers. It is not only reducing spending on spare parts and improving inventory management, it is helping manufacturers create digital twins of their machinery to anticipate breakdowns before they happen.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

SCMDOJO

APRIL 11, 2025

Today, their functionality has increased, and businesses are leveraging CRM systems for demand forecasting, buyer behavior analysis, and more intelligent inventory management. Enhance Inventory Management A combined CRM-Shopify platform provides past sales data, allowing procurement teams to make informed purchasing decisions.

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 74

Supply Chain Opz

MARCH 6, 2015

3) Risk Management: In the past, many buyers relied on safety stock inventory to mitigate any risks or disruptions to suppliers. One of these trends, in addition to inventory keeping, is dual/multi-sourcing. 7) Total Cost Perspective: In the past, many buyers selected purely based on purchase price and quantity discounts.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Finale Inventory

JULY 26, 2024

In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. Finale Inventory helps you take control of your inventory and streamline your processes. Accurately forecasting demand is one of the major challenges in parts inventory management.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Procurement Tactics

NOVEMBER 14, 2022

There are various discrete elements of a supply chain which include procurement, order management, inventory management, warehousing, carrier partnerships, and more. . Thus, making it hard to get the necessary supplies and inventory. You can also avoid overselling stock and spend less time reconciling your inventory.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

TYA Suite

DECEMBER 16, 2022

The concept of inventory management mainly represents the procedure of storing, using, ordering and selling a business's inventory. Besides this, inventory management practices try to streamline inventories from raw components to finished products efficiently. It is a financial ratio.

Inventory 64

Inventory Import Management Inventory planning 64

Jaggaer

FEBRUARY 5, 2025

Onboarding S uppliers Onboarding new suppliers and integrating them into the buyers supplier landscape can be a complex and laborious process involving several stages. Misalignment of Expectations – One of the most common issues when engaging new suppliers is a misalignment of expectations between the buyer and supplier.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Finale Inventory

AUGUST 20, 2024

Home staging is a significant part of the real estate industry, helping potential buyers envision their future homes. To ensure smooth operations and effective inventory management, it is important to implement barcode technology. Understanding Home Staging Inventory Management Inventory management is crucial in home staging.

Inventory 52

Inventory Management Real-time Visibility Order Fulfillment 52

Finale Inventory

SEPTEMBER 28, 2022

An accurate inventory also lets you plan around future shortages and demands. Because inventory is vital for business functions, your counts should be as accurate as possible. Many companies use programs like an inventory management system to keep records of their stocks, while others prefer basic counting systems.

Inventory 52

Inventory Raw materials Buyers Quantity 52

TYA Suite

APRIL 13, 2025

It acts as a checkpoint between suppliers and buyers, ensuring accountability and alignment with (POs). It also helps avoid disputes between buyers and suppliers regarding missing or delayed shipments. Once goods are received, the note updates inventory records, ensuring accurate stock counts.

Quantity 40

Quantity Supply Chain Efficiency Purchase orders Real-time Visibility 40

Let's Talk Supply Chain

JANUARY 13, 2025

Its platform drives faster, smarter decisioning everywhere inventory matters. So, with GAINS, supply chain teams can make all the right decisions at speed and scale to right-size inventory, strengthen performance, and fulfill customer promises. GAINS is the supply chain performance optimization company.

Data 52

Data supply chain software solutions Supply Chain Optimization Inventory 52

Procurement Express

MARCH 9, 2025

A purchase order (PO ) is a commercial document issued by a buyer to a seller, indicating the types, quantities, and agreed prices for products or services. Select items from your inventory list or add new items manually. Regular inventory checks will save you from unnecessary purchases or stockouts.

Purchase orders 52

Purchase orders Purchasing Real-time Visibility Vendor relationships 52

Strategic Sourceror

SEPTEMBER 22, 2022

But with stores awash in inventory as it is, retailers are slashing prices with abandon so they can make as much room as possible for what they'll sell November and December. " High levels of inventory levels are taking a toll on retailers. Throughout the lockdown, demand far outpaced supply. Census Bureau.

Inventory 57

Inventory Agile and Lean Supply Chain Buyers Supply chain 57

Spend Matters

MAY 8, 2023

The intention is that by creating a user-centric collaboration layer between buyers and suppliers on top of the Coupa platform and infrastructure, the solution will streamline and enhance collaboration while decreasing operational business risks. The most significant enhancement is the new ‘Coupa supply chain collaboration’ solution.

Spend management 103

Spend management Management Real-time Visibility Supply 103

Spend Matters

OCTOBER 21, 2024

This integration allows buyers to start purchasing on Amazon Business and punch into SAP Ariba for checkout, improving compliance and reducing rogue spend. Amazon Business Restock , managed inventory and vending service that are designed to help businesses automate restocking and streamline supply distribution.

Purchasing 113

Purchasing Inventory Supply Chain Optimization Buyers 113

Finale Inventory

SEPTEMBER 24, 2024

Managing your inventory is key to ensuring smooth operations and customer satisfaction in ecommerce. One important aspect of inventory management is the creation of purchase orders. These documents serve as the backbone of efficient inventory management, acting as a formal request for goods from a vendor.

Purchase orders 52

Purchase orders Purchasing Inventory Quantity 52

Supply Chain Opz

MARCH 26, 2015

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. The reason is that most people now realize the value of planning practice like Sales and Operations Planning (S&OP).

Inventory 63

Inventory Inventory control Management Supply Chain Efficiency 63

Jaggaer

NOVEMBER 14, 2024

Platforms like JAGGAER One bring together enterprise buyers, suppliers, and partners on a single, cloud-based solution. Digital tools optimize your logistics by providing a single channel for all send and receive order information, offering complete oversight of inventory management.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Procurement Insights

APRIL 8, 2025

Handling Multi-Stakeholder Complexity Factor Agent-Based Model (Metaprise) Equation-Based Intake & Orchestration Interoperability Agents represent suppliers, buyers, and logistics providers, collaborating across ecosystems. inventory shortages, quality failures) without human intervention. balancing demand spikes across suppliers).

Supply Chain Optimization 81

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

Let's Talk Supply Chain

SEPTEMBER 15, 2022

Exporters now find themselves in a difficult position where they must balance gambling on increased credit risk from buyers, navigating slower logistics and remaining one step ahead of their competition by offering favorable payment terms. Reaction from Buyers. Solutions for Exporters.

Export 89

Export Buyers Management supply chain software solutions 89

Procurement Insights

MARCH 19, 2023

. ” Besides providing in-depth and compelling industry stats regarding the predatory buying practices of the retail giant, the Vlasic Pickles story perfectly illustrates the consequences of unbalanced power in buyer-supplier relationships.

Buyers 45

Buyers Suppliers Inventory Sourcing 45

SCMDOJO

FEBRUARY 6, 2024

One of the essential steps to reduce the lead time is to manage inventories in every form like raw material, semi-finished products, and final goods. Experts define inventory as a necessary evil. Therefore, it is essential to manage accurate inventory. However, inventory variation is a common scenario in a practical situation.

Supply Chain Efficiency 105

Supply Chain Efficiency Inventory e2e supply chain software solutions 105

SCMDOJO

JUNE 3, 2022

From tracking orders to managing inventory to managing cash flows and increasing sales, POs play a pivotal role in enhancing daily operations. Having a legal written agreement regarding the items you ordered, including the pricing and quantity info, can help protect the buyer and the seller. And that’s no other than a purchase order.

Purchase orders 131

Purchase orders Purchasing Quantity Buyers 131