Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

The Thomas Blog

AUGUST 24, 2022

And so do the buyers of your company's products or services. By understanding what your buyers have on their plates, you can more easily accomplish one of your most important tasks — generating more leads and contributing to your bottom line. The buyer realizes a need. The buyer evaluates potential suppliers.

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Supply Chain Game Changer

JULY 7, 2021

Subscribe to Supply Chain Game Changer. Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. With newer technologies being founded, Amazon continually offers new services and breaks the rules of supply chain management to improve their service, margins, and for sellers.

Supply Chain Optimization 105

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 105

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Spend Matters

APRIL 15, 2025

Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.

Real-time Visibility 68

Real-time Visibility Procurement e2e Supply Chain Efficiency 68

SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 98

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

Procurement Insights

APRIL 8, 2025

MODEL #2 An agent-based model within a metaprise framework outperforms traditional equation-based intake and orchestration models in procurement because it better addresses the complexity, unpredictability, and multi-stakeholder nature of modern supply chains. inventory shortages, quality failures) without human intervention.

Supply Chain Optimization 81

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

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. 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. And, of course, inventory.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Strategic Sourceror

AUGUST 3, 2022

Product shortages were a common sight throughout much of the country, due in part to supply chain bottlenecks, so stocking up wherever possible made sense. Retailers aim to reduce their inventory that is piling up due to slower sales. Retailers aim to reduce their inventory that is piling up due to slower sales.

Inventory 104

Inventory supply chain budgeting Supply Chain Optimization Consumer demands 104

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Stockpiling inventory has been the most common response.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

Supply Chain Game Changer

SEPTEMBER 29, 2020

Subscribe to Supply Chain Game Changer. 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.

Inventory 98

Inventory Raw materials Supply Chain Optimization Demand 98

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

SCMDOJO

JANUARY 31, 2024

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect?

Supply chain management 97

Supply chain management Supply chain management supply chain budgeting Supply Chain Optimization 97

Let's Talk Supply Chain

JANUARY 13, 2025

GAINS is the supply chain performance optimization company. 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.

Data 52

Data supply chain software solutions Supply Chain Optimization Inventory 52

Supply Chain Game Changer

OCTOBER 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) But in the area of Supply Chain, which truly spans the entire operations of most any company, these technologies provide the platform to totally redefine how the work of Supply Chain is conducted every minute of every day.

Supply Chain Optimization 98

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

Supply Chain Game Changer

NOVEMBER 7, 2022

Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. To reduce supply chain breakdown, you have to use preventative information technology (IT) that will enable you to identify risks that might disrupt your operations.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 97

Supply Chain Game Changer

NOVEMBER 17, 2022

Subscribe to Supply Chain Game Changer. But, in the current international atmosphere of supply chain troubles and widespread shipping congestion, the topic is a timely one. One of the perks of the newest systems is that both buyers and sellers can receive timely email or text updates at any point in a delivery route.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Supply chain Route optimization 98

Jaggaer

NOVEMBER 14, 2024

An advanced source-to-pay platform is crucial for unleashing procurement’s potential and optimizing supply chain performance. Platforms like JAGGAER One bring together enterprise buyers, suppliers, and partners on a single, cloud-based solution.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Chief Procurement Officer Supply Chain Optimization 52

Supply Chain Game Changer

DECEMBER 3, 2019

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company.

Inventory 72

Inventory Supply Chain Optimization Supply chain Supply 72

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

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. So sticking to simple methods always yield better results.

Inventory 88

Inventory Management Inventory control Supply Chain Efficiency 88

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 78

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. We will now look more into the benefits of KM in supply chain management.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 98

Jaggaer

FEBRUARY 5, 2025

Historical data and AI-driven insights help optimize decision-making, allowing procurement teams to focus their expertise on more nuanced evaluations like supplier alignment with business strategy and customer service approach. Buyers can standardize their systems and require suppliers to use compatible technologies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Jaggaer

OCTOBER 24, 2024

The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. Supplier Collaboration for Agility Your world is characterized by dynamic market conditions, shifting customer demands, new technologies, rapidly changing regulations, and frequent supply chain disruptions.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

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.

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Purchase orders Purchasing Buyers Quantity 130

Procurement Insights

APRIL 9, 2025

Agent-Based Solution : Agents represent suppliers, buyers, and logistics providers, sharing data and negotiating terms autonomously. Example : Agents from a manufacturer and Tier 1/2 suppliers jointly resolve component shortages by redistributing inventory in real time. Learn and optimize continuously. dynamic sourcing).

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

TYA Suite

OCTOBER 6, 2024

Vendor-managed inventory (VMI) has become a crucial strategy in modern supply chain management, enabling businesses to enhance efficiency, reduce costs, and strengthen relationships with suppliers. In a vendor-managed inventory supply chain, the supplier maintains ownership of the inventory until it is consumed by the buyer.

Vendor management 40

Vendor management supply chain budgeting Supply Chain Optimization Agile and Lean Supply Chain 40

SCMDOJO

JANUARY 17, 2024

Unfortunately, the majority of them miss one of the critical aspects of the supply chain – the Return Management of goods. But nowadays, it is an integral part of the supply chain. The company arranges to pick up the items from the end buyer and take them to the warehouse. What is Returns Management?

Supply Chain Efficiency 105

Supply Chain Efficiency Management Supply Chain Optimization Logistics 105

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 112

Purchasing Inventory Supply Chain Optimization Buyers 112

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

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

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Collaboration 78

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