SCMDOJO

DECEMBER 11, 2023

From the Purchase Order (PO) Status Report to the RFQ Performance Report, each report is dissected to provide a clear definition and a deeper understanding of its significance. This fosters stronger collaborations, encourages accountability, and ensures a more reliable and resilient supply chain.

Supply Chain Efficiency 20

Supply Chain Efficiency Purchase orders Procurement Bidding 20

Supply Chain Game Changer

OCTOBER 8, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Supply Chain predictions article and permission to publish here provided by Michael Gaughan at land-link.com. Digital Supply Chain Predictions. Subscribe Here!

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

Spend Matters

FEBRUARY 5, 2025

Lets start with a few definitions. To kick off this series, we would like to set the stage and position the building blocks that subsequent pieces will explore further. Digital transformation: What does it even mean? Weve all heard the buzzwords: digitization, digitalization and digital transformation. Lets explore these aspects.

Procurement 115

Procurement Change management Strategy supply chain budgeting 115

IBM Supply Chain Blog

JULY 26, 2023

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

Budget 56

Budget Data Cost optimization Collaboration 56

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. As such there can be unrelenting pressure to continue to cut costs. Promoting Supply Chain Value.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

SCMDOJO

DECEMBER 29, 2022

Warehouse Automation Definition: Warehouse automation uses technology and automated systems to streamline inventory management, storage, and shipping. Automated warehouses reduce costs in labour and human error and enable businesses to serve their customers better. Limited Hardware Options.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Warehouse operations 72

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 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Strategy 119

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 119

Jaggaer

OCTOBER 24, 2024

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. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

SCMDOJO

AUGUST 28, 2024

The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain.

Real-time Visibility 97

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

Una

SEPTEMBER 6, 2022

Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. Reducing paperwork such as lengthy RFP documentation to a lean canvas (otherwise known as a “plan on a page”). What about lean supply chain management?

Agile and Lean Supply Chain 98

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

Let's Talk Supply Chain

OCTOBER 13, 2024

 Today I’m joined by supply chain software brand, Manhattan Associates. Manhattan provide more than just supply chain solutions. Guest bio: Over the last 13+ years, Bryant has served in various roles in the Supply Chain software space – including operations, implementation, and product management.

supply chain budgeting 52

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

Finale Inventory

JUNE 21, 2024

This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses. They indicate how effectively raw materials are being utilized and replenished.

Raw materials 52

Raw materials Import Supply Chain Efficiency Inventory 52

Finale Inventory

JUNE 21, 2024

This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses. They indicate how effectively raw materials are being utilized and replenished.

Raw materials 52

Raw materials Import Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

JULY 27, 2021

The definition of Procurement is “the process or act of procuring”. We’d even go so far to say that the modern procurement pro doesn’t focus that much time on the actual buying, as roles have grown to focus on Supply Chain Management, Contract Management and Relationship Management. What would your own personal definition be?

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Supply Chain Game Changer

FEBRUARY 4, 2020

Subscribe to Supply Chain Game Changer. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The phrase “Supply Chain Management” was originally coined by Keith Oliver in 1982 and subsequently gained increasing popularity as its usage was proliferated in books and language.

supply chain budgeting 67

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 67

Finale Inventory

JULY 22, 2024

This article will cover SKU rationalization, including its definition, benefits, and practical examples in ecommerce. This approach helps businesses align their inventory with customer demand, reduce costs, and enhance overall operational efficiency, leading to improved profitability and customer satisfaction.

Inventory 52

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

Procurement Express

DECEMBER 24, 2024

Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships. Throw in approvals, payment terms, shipping costs, sustainability concerns, and maybe a dash of I know a guy supplier loyalty, and suddenly its chaos.

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40

Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. What definitely has changed is the attention and the sense of urgency.” You avoid that by listening properly.”

supply chain budgeting 59

supply chain budgeting supply chain software solutions Supply Chain Optimization e2e 59

Supply Chain Opz

AUGUST 3, 2014

Supply Chain Metrics are one of the most important best practices in supply chain management because " You can''t manage what you can''t measure ". This article will explain to you 7 kind of supply chain metrics that you should pay special attention to.

supply chain budgeting 63

supply chain budgeting Supply chain Inventory control Inventory 63

Finale Inventory

JUNE 21, 2024

Moreover, ERP systems often include modules for human resources, inventory management, and supply chain optimization. Inventory Management: Manages inventory levels, tracks stock movements, and optimizes supply chain operations. Understanding Definitions and Examples appeared first on Finale Inventory.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Real-time Visibility 52

Finale Inventory

JUNE 21, 2024

Moreover, ERP systems often include modules for human resources, inventory management, and supply chain optimization. Inventory Management: Manages inventory levels, tracks stock movements, and optimizes supply chain operations. Understanding Definitions and Examples appeared first on Finale Inventory.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Real-time Visibility 52

Procurement Insights

MAY 22, 2025

The most notable competitors include: Direct Competitors in Third-Party Risk, Compliance, and Lifecycle Management Competitor Core Focus/Strengths Exiger AI-powered platform for third-party and supply chain risk management, entity monitoring, and compliance automation. Objective Definition: Set clear, measurable goals (e.g.,

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Stakeholder engagement Agile and Lean Supply Chain 40

Supply Chain Game Changer

SEPTEMBER 20, 2022

Subscribe to Supply Chain Game Changer. To keep costs to a minimum without sacrificing productivity in any way, build a small but functional crew, specifically for the project in question. Every member in the team should have a definite function, as well as serving as one essential part of the whole team. Subscribe Here!

Management 97

Management Supply Chain Optimization Project management supply chain budgeting 97

Finale Inventory

SEPTEMBER 25, 2024

This article will provide a comprehensive definition of lead time, discuss its importance in ecommerce, examine the components that make up lead time, highlight the negative impact of long lead times, and provide strategies to help shorten it. Excess inventory ties up working capital and increases holding costs.

Inventory 52

Inventory Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 26, 2018

The concept of the “control tower” is increasingly becoming widespread in Supply Chain Management, and Control Tower technologies are a popular topic right within the supply chain community. Every research firm and vendor has their own definition, but all share the common theme of visibility.

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 53

Finale Inventory

JULY 22, 2024

Anticipation inventory is a key element of supply chain management, where companies strive to balance having sufficient stock to meet customer demand while preventing unnecessary surplus that ties up capital. Supply chain management also plays a significant role. First, accurate sales forecasting is vital.

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Demand 52

The Good Spending

AUGUST 16, 2022

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization supply chain budgeting 52

ivalua

MAY 13, 2020

And procurement and supply chain is suddenly the top priority for organisations – “I’ve never seen a better opportunity in my life to elevate the stature of procurement”, he said. . However, procurement and supply chain are higher profile than ever, and we have to take the opportunity to navigate this. .

Leadership 26

Leadership supply chain budgeting Supply Chain Optimization Innovation 26

Supply Chain Game Changer

JULY 30, 2019

Subscribe to Supply Chain Game Changer. But for those who are professionals working in the Supply Chain field there can be very unique distinctions in this terminology. ” That is the definition in a nutshell. Subscribe Here! Email Address. What’s the Difference Between Logistics and Distribution?

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. Build more efficient processes with the Definitive Guide to Workflow Management Download now What is operational efficiency?

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

Spend Matters

AUGUST 8, 2023

Continuing our series of analyst observations on procurement tech market movements, this week we are considering the shift in CPO priorities towards supply-related risks. So, in 2022 our analysts pooled their knowledge of solution vendors that address third-party supply chain risk.

Risk management 98

Risk management Risk Management supply chain budgeting 98

Finale Inventory

JULY 15, 2024

In this article, we will explore the definitions, formulas, and strategies to achieve a strong inventory turnover ratio in the ecommerce industry. Rapid inventory turnover accelerates revenue generation and reduces costs associated with excess inventory.

Inventory 52

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

Supply Chain Game Changer

MARCH 4, 2022

Subscribe to Supply Chain Game Changer. The Ultimate Guide Including Definitions of 1PL, 2PL, and 4PL! Working with a 3PL can be an excellent option for organizations that want to streamline their supply chain and unburden themselves of duties and expenses that they are not equipped to handle in-house.

supply chain budgeting 97

supply chain budgeting Logistics Supply chain Quality 97

Supply Chain Trend

JUNE 29, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Procurement Tactics

SEPTEMBER 9, 2022

The History and Definition of the Kraljic Matrix. The purpose of why he created the Matrix was to help companies in maximizing supply security and reduce costs by using most of their purchasing power. Thus, using their time more effectively while minimizing supply risks in their organization. Who invented it?

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

SCMDOJO

JULY 3, 2023

Read More: Top 10 Supply Chain Management Courses to Boost Your Career ] Accreditation and Industry Recognition Check to see if the training programme is acknowledged by the procurement sector or accredited by the relevant professional organizations. Total Cost of Ownership – Definition Lesson 2.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98