SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics? This can result in faster delivery times and improved customer satisfaction.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Customer Lead Time (Service). OTIF (Service).

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Empowering CPO

JUNE 26, 2023

By embracing these trends, businesses can unlock a world of opportunities, drive cost savings, enhance supplier relationships, and ultimately achieve procurement excellence. Let’s explore the growing importance of data in procurement and how it is transforming decision-making processes.

Real-time Visibility 40

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

EazyStock

NOVEMBER 17, 2022

For the past ten years, Black Friday has seen sales increase annually and is one of the most important sales occasions of the year. The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

For the past ten years, Black Friday has seen sales increase annually and is one of the most important sales occasions of the year. The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

For the past ten years, Black Friday has seen sales increase annually and is one of the most important sales occasions of the year. The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Inventory Real-time Visibility 52

Una

AUGUST 2, 2022

It’s also important to understand the sheer scale of the opportunity that’s up for grabs through procurement modernization and digitization. Fully-automated spend categorization will boost visibility, free up time, supercharge advanced analytics, and improve decision-making. billion (2020) to a projected $9.5 Self-service.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Supply Chain Game Changer

MAY 31, 2022

Like my toilet paper example, families stockpiled baby formula leading to short term spiked demand, followed by a lack of demand leading to production cuts, followed by a rebound in demand for which production capacity has not been restored. This is a recurring story across many commodities. Trade Policy.

Supply chain 123

Supply chain Real-time Visibility Supply Demand 123

Supply Chain Game Changer

MARCH 23, 2021

But too often the expected deliverables from Supply Chain professionals are established without a real understanding of the totality and breadth of actual tasks that must be performed underneath those high level expectations. With an iceberg it is said that only 10% of it is visible as the rest is under the water.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Real-time Visibility Supply 64

Supply Chain Game Changer

OCTOBER 1, 2019

Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand. Visibility to where goods were was largely limited to updates that came over the phone. Conclusion.

Supply Chain Optimization 82

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

Supply Chain Trend

AUGUST 13, 2020

But to more deeply understand how it can support business planning, we should differentiate the need for process and decision automation on one hand from the planning knowledge augmentation. As it matures, third-wave technology may become the most important tool the workforce must prepare for. Business Planning Cycles.

supply chain software solutions 147

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

Finale Inventory

JUNE 29, 2022

Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive. Inaccurate Demand Forecasting. However, if the data is inaccurate, it can lead to a business purchasing more inventory than they need, creating a surplus.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning.

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

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

Supply Chain Game Changer

JANUARY 30, 2020

As I mentioned in my prior blogs, Inventory Turnover Breakthrough , we needed to take a holistic approach and we needed to tackle the high level levers that influence inventory levels. . Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Supply Chain Game Changer

NOVEMBER 16, 2018

As I mentioned in my prior blogs, Inventory Turnover Breakthrough (Parts 1 and 2) , we needed to take a holistic approach and we needed to tackle the high level levers that influence inventory levels. Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43