Supply Chain Game Changer

JULY 30, 2019

” The simplest, but most relevant definition, comes from itxsolutions.com and states that “ Freight management is the process of overseeing the transportation of freight.” ” That is the definition in a nutshell. But what activities are thus considered to be a part of Freight Management?

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

ivalua

JULY 27, 2015

It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.

Leadership 149

Leadership Suppliers Strategic sourcing Strategic sourcing 149

The Good Spending

AUGUST 16, 2022

Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. We bring the method and the system to what other guys are doing as amateurs with no plan, structure, or consistency.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization Agile and Lean Supply Chain 52

Una

SEPTEMBER 6, 2022

Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Procurement can play an integral part through better demand planning (enabled through spend analytics) and by reducing duplicate orders and maverick spend.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

ivalua

JULY 27, 2015

It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.

Leadership 100

Leadership Suppliers Strategic sourcing Strategic sourcing 100

Supply Chain Game Changer

JUNE 11, 2019

” we look at 10 different definitions. While there are many choices, all of which have great elements, we will refer to this definition provided by [link]. ” This definition gives a great overview. In our article “ What Exactly is Supply Chain Management?

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 105

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 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. Is there a definite trend? Is this a seasonal product?

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain Demand Planning Supply 40

Supply Chain Game Changer

OCTOBER 1, 2019

By definition this end to end real time connectivity also means that a Digital Supply Chain will be fully integrated all the way from the Customer through to all levels of Suppliers, inclusive of all functions, with transparency and visibility throughout.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

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

Supply Chain Game Changer

JULY 31, 2019

Brand Protection – The Definitive Role of the Supply Chain! Areas that startups need: Logistics and Distribution Strategy Demand Planning Production Planning Lead Time Management Inventory Planning Supplier Relationship Management Strategic Sourcing/Shared Services Procurement (growth stage). Subscribe Here!

Supply Chain Efficiency 72

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 72

The Procuretech Podcast

FEBRUARY 22, 2022

The COVID-19 pandemic has definitely helped to accelerate the appetite for change and embracing potential new ideas, partly as a result of supply chain shortages, inflationary pressures and longer lead times. Demand planning. Why go with an all-in-one solution rather than best-of-breed? Spend analytics.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Innovation Supply chain 40

Slimstock

MAY 7, 2019

In 25 years of working with manufacturers and distributors, we know that demand planning and inventory optimization are evergreen topics in the auto industry. A good working definition of safety stock is “a level of extra stock that is maintained to mitigate risk of stock-outs due to uncertainties in supply and demand.”.

Inventory 40

Inventory Demand Supply Chain Optimization Demand Planning 40

Supply Chain Brain

MAY 14, 2018

structure, including its enterprise resource planning (ERP) system. By definition, the IoT means access to a wealth of data — along with the possibility of being inundated with it. However a company begins to adopt IoT devices, they will need to be integrated into the organization’s existing I.T.

Strategy 40

Strategy e2e Agile and Lean Supply Chain supply chain software solutions 40

The Good Spending

SEPTEMBER 2, 2023

IT procurement increasingly deals with "new tasks" - not necessarily in terms of quantity, but definitely in terms of value and importance to the business. High complexity of demand management As we know, the procurement process starts with demand planning and analysis.

Sourcing 59

Sourcing Procurement Demand Planning Category management 59

Supply Chain Game Changer

NOVEMBER 24, 2018

Let’s start by considering the common definitions that are used for each of Logistics and Distribution. The word Distribution has so many different meanings beyond that which is associated with Supply Chain Management that we have restricted these definitions to those only consistent with our context. ” [link].

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

Supply Chain Trend

OCTOBER 29, 2021

Many IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. New Wave 3 Technology can empower a more efficient and responsive planning process. IBP Segmentation by Planning Horizon, Automation. KEY POINTS.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

SCMDOJO

NOVEMBER 2, 2023

Expertise: Demand Planning, Sourcing, Advanced Excel Skills, Supply Chain Management, and Supply Chain Analyst An expert in demand planning and sourcing, Haseeb Ahsan is a supply chain analyst and one of the recognizable supply chain experts. Start a conversation with the expert here!

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Slimstock

MAY 30, 2019

For many business folks, Excel is synonymous with demand planning and ordering inventory. While the spreadsheet mistakes you see might not be enough to finance a lunar mission, they definitely add up (not unlike like boxes of unsold inventory in the corner of your warehouse that were accidentally ordered due to a spreadsheet mistake).

Inventory 40

Inventory Data Demand Planning Management 40

Empowering CPO

JUNE 20, 2023

Here’s a comparison table highlighting the key differences between direct and indirect spend analysis: Direct Spend Indirect Spend Definition Expenses directly associated with the production of goods or services. Let’s take a closer look. Expenses not directly linked to the production, but necessary for business operations.

Supplier consolidation 40

Supplier consolidation Negotiation Suppliers Procurement strategies 40

Supply Chain Opz

JULY 7, 2013

3) Align Demand Planning Across Supply Chain. Supply chain practitioners are taught to share the demand data with trading partners so nobody has to keep the unnecessary stock. Noob Guide to Supply Chain Management Definition. So, logistics network design is a kind of initiative driven mainly by customer. A Case Study.

Supply chain management 102

Supply chain management Supply chain management Supply chain Management 102

Empowering CPO

JUNE 27, 2023

Understanding Category Spend Analysis Definition and Purpose Explanation of Category Spend Analysis Category spend analysis is a systematic and in-depth examination of an organization’s spending across various procurement categories. It helps identify opportunities for inventory management, pricing negotiations, and demand planning.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40