ivalua

SEPTEMBER 3, 2015

But there is another competency that must be mastered if you are going to achieve the next level of success – collaboration. In many cases, collaboration is simply an advanced state of negotiation. But collaboration is not reserved for suppliers. Internal collaboration must be achieved as well.

Collaboration 100

Collaboration Sourcing Suppliers Management 100

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. Supplier chain collaboration itself isn’t new.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

SCMDOJO

APRIL 29, 2024

Demand Planning: Demand planning involves forecasting customer demand based on historical data, market trends, and other relevant factors. Accurate demand forecasting enables businesses to optimize production levels, reduce inventory costs, and meet customer expectations.

Supply chain management 63

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 63

Spend Matters

MAY 8, 2023

The most significant enhancement is the new ‘Coupa supply chain collaboration’ solution. 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.

Spend management 75

Spend management Management Real-time Visibility Collaboration 75

Procurement Heads

APRIL 27, 2023

Collaboration and stakeholder engagement are much-used terms within procurement teams. I think collaboration is key for all functions across companies, especially in global organisations that often have matrix structures. Also key was demand planning, matching our purchasing plans with the ever-changing demand situation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Stakeholder engagement Supply chain 130

Procurement Heads

APRIL 27, 2023

Collaboration and stakeholder engagement are much-used terms within procurement teams. I think collaboration is key for all functions across companies, especially in global organisations that often have matrix structures. Also key was demand planning, matching our purchasing plans with the ever-changing demand situation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Stakeholder engagement Supply chain 130

Supply Chain Trend

MARCH 20, 2024

One crucial aspect of this decision-making process occurs in the sales and operations execution horizon—a critical 13-week window where key stakeholders gather weekly to navigate the complexities of demand planning, supply management, inventory allocation, and more.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 60

Procurement Tactics

MARCH 27, 2023

SAP Advanced Planning and Optimization (APO) SAP APO is a cloud-based software tool that helps its users to plan, execute, optimize, and track their logistic processes on the operational and strategic levels. Thus, it greatly improves the accuracy of the forecast and efficiently executes plans across departments in your company.

supply chain budgeting 192

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

Let's Talk Supply Chain

MARCH 8, 2024

Collaboration is key to promoting and supporting women in supply chain. For more information, vision Supply & Demand Chain. 23.51] From demand planning and inventory to AI, the trends to look out for in 2024. And we’re doing just that at this year’s Women in Supply Chain Forum, set for Nov. 14-15 in Atlanta.

supply chain budgeting 96

supply chain budgeting Supply Chain Optimization Supply chain Supply 96

Arkestro

APRIL 23, 2024

Turning Low-Quality Procurement Data Into High-Impact Cost Reductions Many organizations are plagued by data silos and disparate systems that lack the visibility, communication, and collaboration needed to win cost reductions. In these cases, it’s helpful to perform a looking-back analysis on historical demand forecasts.

Procurement 52

Procurement Procurement team Quality Demand Planning 52

Supply Chain Trend

FEBRUARY 5, 2024

To this special feature I wrote a commentary, highlighting The Limitations of Forecasts and Plans on Decision Making and the changing role of the forecaster/planner. Or shall we just forget about that, decide that this new type of human-machine collaboration is too hard for forecasters and planners? Picture credit

Demand Planning 60

Demand Planning Demand Supply chain Collaboration 60

IBM Supply Chain Blog

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. This alignment fosters synergy and drives cross-functional collaboration.

supply chain software solutions 84

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 84

Let's Talk Supply Chain

JANUARY 1, 2024

21.48] A closer look at RELEX’s demand planning software, and how it’s creating impactful results for clients. Our solution uses machine learning and AI to understand all aspects of customer demand… which allows us to achieve 99% forecast accuracy and up to 85% reduction in stock-outs.”

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions supply chain budgeting 52

Supply Chain Trend

AUGUST 13, 2020

I believe that the human aspect remains critical and that our ability to collaborate with machines becomes central to a supply-chain planners’ role. The workforce must prepare itself for increasing human-machine collaboration. Here, communication, collaboration, and alignment is essential before decisions are made.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Procurement Tactics

JUNE 6, 2023

Thus, you will be able to predict your supply chain which will help you meet your customers’ demands. Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs. What is Inventory Forecasting?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

NLPA (Next Level Purchasing Association)

JUNE 23, 2022

Link strategic planning with day-to-day sales and operational activities. It is a multi-step process involving demand planning, supply planning, middle and top management meetings resulting in decision-making and authorization. The 5-step eS&OP planning process includes: Step 1 – Data Gathering.

Demand Planning 52

Demand Planning Demand supply chain budgeting Strategic planning 52

ivalua

JULY 27, 2015

Supplier Value Management is especially applicable to manufacturers, where supplier spend is more significant/strategic and a shift in supplier relationships from arms-length vendors to more collaborative partners is already well underway.

Leadership 149

Leadership Suppliers Strategic sourcing Strategic sourcing 149

IBM Supply Chain Blog

FEBRUARY 19, 2024

For example, IBM Food Trust® , a collaborative network of growers, processors, wholesalers, distributors, manufacturers, retailers and others, uses blockchain technology to improve visibility and accountability across the food supply chain.

supply chain software solutions 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

SCMDOJO

JUNE 21, 2023

SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain. Supply Chain Planning as a Service has emerged as a game-changer, enabling companies to efficiently outsource non-core activities.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs.

Supply Chain Optimization 74

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 74

SCMDOJO

AUGUST 16, 2023

The retail giant has strategically adopted various IT initiatives to optimize its operations, enhance collaboration with suppliers, and achieve real-time inventory targeting. By capturing customers’ demand information, Walmart can identify popular products and stock them adequately, leading to an overall reduction in inventory.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

ivalua

JULY 27, 2015

Supplier Value Management is especially applicable to manufacturers, where supplier spend is more significant/strategic and a shift in supplier relationships from arms-length vendors to more collaborative partners is already well underway.

Leadership 100

Leadership Suppliers Strategic sourcing Strategic sourcing 100

Supply Chain Opz

AUGUST 2, 2017

The quest then lies within forecasting, which seeks to provide the best possible estimate of future sales to enable the organization to effectively plan to meet that future requirement. Given that demand can change every day, forecasting becomes the ultimate adventure.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain Demand Planning Supply 40

SCMDOJO

JANUARY 26, 2024

Recognize that leadership is not solely about authority but also about fostering collaboration and navigating challenges with resilience. This proactive approach not only enhances your credibility but also opens up opportunities for collaboration and recognition. Take your time exploring career paths before committing.

Supply Chain Optimization 65

Supply Chain Optimization Supply chain Leadership Supply chain management 65

Procurement Heads

MARCH 27, 2023

I see procurement very much as being a facilitator of relationships between internal businesses and business partners and the market so that we can actualise savings, improve demand planning and help our customers become more informed so that they understand their options and make better decisions.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Supply Chain Collaborator

JANUARY 16, 2020

Machine Learning for demand planning and efficient transportation routing? Been reading about Blockchain for the Supply Chain? Artificial intelligence (AI) and lights out supply chain management? Chances are, your supply chain logistics operations are not quite ready to embrace these cutting-edge technology-fueled strategies.

supply chain budgeting 99

supply chain budgeting Supply Chain Efficiency Supply chain management Supply chain management 99

SCMDOJO

NOVEMBER 17, 2023

Cross-functional Collaboration: People in Supply chain roles coordinate with people from other departments. Working collaboratively with large teams adds an extra layer of excitement to the journey. Another reason to love a supply chain career is the ever-changing landscape of problems to solve.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Skill Dynamics

OCTOBER 18, 2023

After all, these training programs provide a range of benefits, spanning from specific role-focused activities like inventory control, supply, and demand planning, or project management, to giving employees the tools they need to drive their creativity and productivity, thus significantly contributing to business success.

Innovation 52

Innovation supply chain budgeting Supply chain Supply 52

Supply Chain Collaborator

JUNE 4, 2019

Demand Planning – Using forecasts and data captured via prior business experiences to estimate demand for various items at various points in the supply chain. Blockchain tech can be used to provide “one version of the truth” with respect to freight movements, and other supply chain functions.

Supply chain management 74

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 74

The Network Effect

APRIL 15, 2016

After you introduce the history, scope and purpose of the initiative, your functional experts should each have 20 minutes to describe their processes as they relate to developing the supply or demand plan. Moreover, Sales and Marketing may build a demand plan without understanding the Supply Chain or Manufacturing constraints.

Demand Planning 40

Demand Planning Demand Supply chain Purchasing 40

Procurement Heads

MARCH 27, 2023

I see procurement very much as being a facilitator of relationships between internal businesses and business partners and the market so that we can actualise savings, improve demand planning and help our customers become more informed so that they understand their options and make better decisions.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

Let's Talk Supply Chain

APRIL 10, 2023

Today I’m joined by Renewal Logistics , a high-volume, high-throughput, collaborative and sustainability-focused woman-owned logistics company.

Logistics 52

Logistics Sustainability Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

OCTOBER 28, 2020

Anecdotally, this is a bit lower in Canada, except for particular functions with very strong starting compensation like Demand Planning. The top 5 leadership skills, or soft skills, were, in order: Communication, Collaboration, Critical Thinking, Big Picture Future Planning, and Problem Solving. Soft skills on the rise.

Supply chain 98

Supply chain Supply Leadership Supply chain management 98

Supply Chain Game Changer

AUGUST 6, 2020

Now-a-days businesses need to be dynamic in ratifying the ever-changing trends of consumer demand and shift to a more connected supply network, via digitally interconnected devices and complex platforms to keep pace with digital transformations. Supply chain orchestration platform aims to leverage various cutting-edge technologies (i.e.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Supply Chain Collaborator

MAY 23, 2019

They’re integrating planning and execution to power smart procurement, autonomous logistics and warehousing. They’re feeding data harmonized across their “tech stack” to power predictive analytics, demand planning and other data practices designed to help the react to disruptions in the supply chain and even anticipate them!

Supply Chain Efficiency 68

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 68

Procurement Heads

AUGUST 11, 2022

If we look at how specialised supply chain is, the specialism required to perform jobs like demand planning, supply planning, employee retention and relationships are vital. When I started my supply chain job the teams were quite traditional in terms of planning and forecasting processes.

supply chain budgeting 130

supply chain budgeting Supply Chain Efficiency Supply chain Leadership 130