Una

OCTOBER 12, 2023

Why it's important to know the difference Different options can have major impacts on cost, risk, compliance and strategic alignment. Here’s a summary of the most important impacts: Cost Optimization One of the key reasons to distinguish between onshoring, offshoring, nearshoring, and rightshoring is cost optimization.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Una

JULY 3, 2023

They monitor their organization’s risk appetite, oversee the implementation of risk management frameworks, monitor market trends, and proactively identify potential disruptions.

Leadership 52

Leadership Procurement Ethics Supply Chain Optimization 52

SCMDOJO

JUNE 6, 2023

Cost Optimization & Spend Analysis Data analytics can help analyze spending patterns throughout a business’s supply chain. Data-driven insights can also help detect opportunities for cost optimization. And by doing so, they can identify potential failures before they even occur.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Arkestro

MARCH 27, 2024

Some of the most relevant majors include: Supply chain management Business administration Finance Economics Operation management Degrees in international business and management information systems can also prove beneficial to the field.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

EazyStock

JANUARY 18, 2019

ISM2019 is an annual event hosted by The Institute for Supply Chain Management (ISM). At this event, you will get the opportunity to be part of a huge network of more than 2,500 global supply chain and procurement professionals. Register your free admission now and find your WOW. www.promatshow.com. Apr 7-10, 2019.

Supply Chain Optimization 53

Supply Chain Optimization Supply Chain Efficiency Logistics Supply chain 53

SCMDOJO

MARCH 25, 2024

Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Cost Optimization and Operational Efficiency: At the initial stage of the installation of the robotic technologies, it might be a very costly process.

Supply Chain Efficiency 80

Supply Chain Efficiency Warehouse operations Supply Chain Optimization supply chain software solutions 80

SCMDOJO

DECEMBER 14, 2023

Know More About Dante: With over 25 years of professional experience in industrial engineering, operations, and supply chain management, the Business Consultant and Trainer is dedicated to enhancing operational performance for companies in Europe and the Americas.

Sourcing 75

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 75

Empowering CPO

JUNE 26, 2023

Understanding these common spend categories is essential for effective spend analysis and targeted cost optimization strategies. Here are some examples: Pharmaceuticals and Medical Supplies: This category includes prescription drugs, over-the-counter medications, surgical supplies, disposables, and medical devices.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

SCMDOJO

JULY 24, 2023

Read More: Evolution of Supply Chain Management and Logistics ] Benefits of Contract Logistics Contract logistics offers several benefits to businesses looking to streamline their supply chain operations. Customers: Customers are the final recipients of the goods being transported.

Contract 92

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 92

Supply Chain Game Changer

AUGUST 8, 2019

Article written for Supply Chain Game Changer by Prakash Pol , Principal Consultant at Infosys India. The Warehouse is a central part of Supply Chain Management in any organization. Automation is a boon to achieve these two important goals in any warehouse operations.

Warehouse operations 54

Warehouse operations supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 54

SCMDOJO

DECEMBER 11, 2023

This report provides valuable insights into how and where financial resources are allocated, aiding procurement professionals in strategic decision-making and cost optimization. Data Collection and Aggregation: Procurement Data Sources: Gathers information from various sources such as invoices, purchase orders, and contracts.

Supply Chain Efficiency 16

Supply Chain Efficiency Purchase orders Procurement Bidding 16

Procurement Templates

JUNE 18, 2023

Sharing market insights and cost-saving ideas can lead to cost optimization and better pricing agreements. Total cost analysis: Procurement should focus not only on the initial purchase price but also on the total cost of ownership.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Empowering CPO

JUNE 27, 2023

It’s not just about cost-cutting—it’s about cost optimization and strategic decision-making. It provides the visibility needed to manage and control spending, identify savings opportunities, enhance supplier management, improve compliance, and increase procurement efficiency.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 52

IBM Supply Chain Blog

AUGUST 8, 2023

Enterprise asset management systems can help manage functions like work management, asset maintenance, planning and scheduling, supply chain management and environmental, health and safety (EHS) initiatives. Implement a structured approach to procurement, utilization, maintenance planning and retirement.

supply chain software solutions 50

supply chain software solutions Real-time Visibility Management Supply Chain Optimization 50

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Supply chain pundits from industry and academia point out that it is possible for businesses to strike a balance between just in time and just in case. While disruptions to supply chains vary in magnitude and impact, anyone who has worked in supply chain management for a while knows that disruptions are inevitable.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52