Planergy

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important? Budgeting should be part of regular financial planning.

supply chain budgeting

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Efficiency

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Agile and Lean Supply Chain

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the Supply Chain (and Suppliers).

Procurement

Supply Chain Game Changer

MAY 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Article written for Supply Chain Game Changer by, and permission to publish here provided by, Andrei Klubnikin at at R-Style Lab. trillion on logistics and supply chain within the next five years. Email Address.

Logistics

Finale Inventory

SEPTEMBER 4, 2024

As ecommerce continues to expand, supply chain traceability has become a key factor for small businesses. This article examines why supply chain traceability matters and how Finale Inventory can assist small businesses in achieving it.

Supply Chain Efficiency

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. Landgraf, CEO at Above the Standard ( [link] ).

supply chain budgeting

Finale Inventory

SEPTEMBER 13, 2022

Businesses use the supply chain to order and distribute goods to consumers. Supply chain layers work together to create and distribute products across the globe. However, disturbances in this chain can disrupt access to goods and other business functions. What Is the Bullwhip Effect?

supply chain software solutions

NLPA (Next Level Purchasing Association)

SEPTEMBER 30, 2024

As businesses strive for greater efficiency and cost savings, automation reshapes how warehouses function and how goods move through the supply chain. Warehouse Management Systems (WMS) : Software that optimizes inventory management, order fulfillment, and warehouse logistics.

Purchasing

Let's Talk Supply Chain

MAY 17, 2023

Logistics Complexity and the Strategic Moves Companies Are Making to Reduce It The last mile is typically the costliest and most complicated leg of a supply chain, accounting for, on average, 53% of overall shipping costs. Dataworks uses AI to predict shipping times and accurate delivery dates.

Logistics

Let's Talk Supply Chain

OCTOBER 16, 2023

Onfleet is the preferred delivery management software for companies wanting to provide a superior delivery experience while maximizing efficiencies. And when you account for the fact that last mile is the most expensive aspect of the supply chain, the bottom line ROI is almost immediate once implemented.”

Supply Chain Efficiency

Finale Inventory

JULY 17, 2024

By conducting thorough market research and competitor analysis, businesses gain insight into emerging trends, consumer demands, and successful product categories. It demands a data-driven approach that can only be achieved through the power of technology.

supply chain software solutions

Empowering CPO

MAY 11, 2023

Economic: From an economic perspective, sustainable procurement can result in cost savings through increased efficiency, reduced waste, and minimized risk of supply chain disruptions. Consumer Demand: More and more, consumers are choosing brands that align with their values.

Sustainability

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency

Finale Inventory

JULY 15, 2024

Unlike brick-and-mortar stores, ecommerce businesses face intense competition and rapidly changing consumer demands. Therefore, maintaining an optimal inventory turnover ratio is critical to meet customer expectations, minimize costs, and maximize profitability.

Inventory

Finale Inventory

JULY 23, 2024

By effectively managing your inventory, you can minimize costs, optimize storage space, and provide exceptional customer service. Effective inventory management is not just about having the right products in stock; it also involves understanding consumer demand trends, supplier lead times, and seasonal fluctuations.

Inventory

IBM Supply Chain Blog

FEBRUARY 14, 2024

IBM Research is working to help its customers use generative models to write high-quality software code faster, discover new molecules , and train trustworthy conversational chatbots grounded on enterprise data. AI software can identify when and how resources are used, and match actual demand in real time.

Real-time Visibility

Arkestro

DECEMBER 10, 2024

Resources / Blog / A Supply Chain Carol: Lessons from the Past, Present, and Future of Holiday Logistics A Supply Chain Carol: Lessons from the Past, Present, and Future of Holiday Logistics Its the most wonderful time of the year! So what will the Ghost of Supply Chain Holidays Present reveal?

supply chain budgeting