Spend Matters

MAY 8, 2023

Categories: Conferences , Spend Management Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. These capabilities further extend Coupa’s existing advanced supply chain capabilities (Supply Chain Planning and Design solution).

Spend management 103

Spend management Management Real-time Visibility Supply 103

The Network Effect

FEBRUARY 6, 2015

Who does the Demand Planning group report to?”. The goal of the demand planning process is to create a sales forecast that is as accurate and unbiased as possible. In retail, the process of coming up with a forecast is typically a “joint effort” between the Category Manager and the Supply Chain Planner.

Demand Planning 59

Demand Planning Agile and Lean Supply Chain Supply Chain Optimization Demand 59

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

ivalua

JULY 27, 2015

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

Leadership 100

Leadership Suppliers Strategic sourcing Strategic sourcing 100

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Work collaboratively with suppliers in real time to improve parts and material quality while responding quickly based on demand forecasts.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Heads

MARCH 27, 2023

We’re a centralised indirects procurement team with category management being introduced where it can in order to support the parts of the business where we need subject specialism. We’re responsible for the supplier management and then supporting the business in contract management as well.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Contract 246

The Good Spending

APRIL 2, 2023

Where's the procurement planning when you need one? Once, we wrote about demand management in this blog. It's a good enough topic, which misses one crucial element - demand management mastery comes after sophisticated planning. The lion's share of procurement value could be created in the planning stage.

Procurement 98

Procurement Demand Planning Category management Budget 98

Skill Dynamics

JANUARY 21, 2025

Supply Planning Supply planning is the critical function concerned with effectively fulfilling and managing customer supply and demand. It requires coordinating demand forecasts, inventory management, and production scheduling to ensure timely product delivery in line with customer expectations.

Supply Chain Optimization 52

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

Jaggaer

APRIL 16, 2025

These could be service requests, inquiries, demand planning, or purchase needs. To return to the laptop example, if a department manager needs one in a hurry, they might bypass the process altogether and order it themselves. But the benefits go further. But with intake and orchestration agents in place, buying policies (e.g.,

Procurement 52

Procurement Demand Planning Data interpretation Supply Chain Efficiency 52

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

NOVEMBER 3, 2022

Supply chain management is an important aspect of every business because it ensures your business gets the supplies, resources, and materials it needs to fulfill services or deliver products to customers. However, the modern supply chain has become increasingly complex and challenging to manage. Procurement Management.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

Skill Dynamics

JANUARY 9, 2025

Understanding Supply Chain Capabilities Supply chain capabilities, to put it simply, is the sum of all the skills, processes, and technologies that help enable the efficient and effective management of the flow of goods and information. All of this leads to more effective demand planning which will ultimately benefit the business.

supply chain budgeting 52

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

SCMDOJO

DECEMBER 14, 2023

Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. Here, the agency seeks to understand the client’s specific needs, budget constraints, and quality standards. Throughout the production process, the agency implements rigorous quality control measures.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Procurement Insights

MAY 26, 2024

Kenny’s decision came “in apparent coordination with Thai Union and under the guise of a ‘quality review,’” Red Lobster said. Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

Jaggaer

APRIL 9, 2025

Supply chain processes include procurement from source to pay, together with inbound logistics, production, quality control, outbound logistics and post-sales service. If any link in the chain becomes broken, disjointed, or inefficient, the business becomes less likely to keep up with customer demand.

Agile and Lean Supply Chain 52

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

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. What Is Supply Chain Management?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Welcome to the fascinating world of supply chain management (SCM)! Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. What Is Supply Chain Management?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

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. The longer the planning horizon, the more unknowns and the higher the complexity surrounding decisions.

supply chain software solutions 147

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

Finale Inventory

AUGUST 20, 2024

Effective inventory management is key to the success and profitability of any restaurant. From minimizing waste to ensuring adequate stock levels , inventory management plays a significant role in streamlining restaurant operations. By managing inventory effectively, you can reduce waste, prevent stockouts, and boost your bottom line.

Inventory 52

Inventory Strategy Management supply chain software solutions 52

SCMDOJO

JULY 13, 2022

Association for Supply Chain Management (ASCM). Supply Chain Management Jobs. For example, Giuseppe Borsellino (ex-Michael Page) shared his wealth of knowledge on How to Get a Job in Supply Chain Management? Association for Supply Chain Management (ASCM). Michael Page. Naukri Gulf. Jobsinlogistics.

Supply chain 138

Supply chain Supply Supply chain management Supply chain management 138

Skill Dynamics

JULY 17, 2024

Used together, these combined insights can provide extremely accurate market predictions, allowing companies to make more informed decisions around their inventory management and resource allocation. Navigating the Impact of Accurate Forecasts The ability to accurately predict consumer demand puts companies at a significant advantage.

supply chain budgeting 96

supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

Let's Talk Supply Chain

JANUARY 13, 2025

Amber holds a degree in Suppply Chain Management and Information Technology from Duquesne University and an MBA from the University of Chicago Booth School of Business, and she continues to stay at the forefront of industry trends and advancements. 07.42] The evolution of data-driven thinking, as technology and mindsets have changed.

Data 52

Data supply chain software solutions Supply Chain Optimization Inventory 52

Finale Inventory

JULY 22, 2024

Logistics management plays a pivotal role in the success of an ecommerce business. This comprehensive guide will help you understand the basics of logistics management, uncover the key components involved, and recognize the impact of efficient logistics management on your ecommerce operations.

Logistics 52

Logistics Management Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Game Changer

JUNE 11, 2019

What is Supply Chain Management (SCM)? As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on. Some people are motivated by opportunities to manage, lead and get promoted.

Agile and Lean Supply Chain 105

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

Let's Talk Supply Chain

MARCH 8, 2024

Lisa is an experienced Supply Chain Executive, with a wealth of experience in global supply chain operations and reverse logistics management. GoFreight is the world’s leading cloud-based freight forwarding management system. 23.51] From demand planning and inventory to AI, the trends to look out for in 2024.

supply chain budgeting 96

supply chain budgeting Supply Chain Optimization Supply chain Supply 96

Finale Inventory

SEPTEMBER 17, 2024

As a small business owner in ecommerce, having effective inventory management strategies is key to your success. Managing inventory efficiently helps you optimize your stock levels and ensures you don’t run out of popular items or waste money on excess inventory.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

Supply Chain Opz

NOVEMBER 9, 2014

Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. We believe many practices in global supply chain management can be applied in every industry. percentage of second-tier suppliers who follow a certain risk management or IT standard”).

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. Click here to access the course: How to Start a Career in Supply Chain Management?

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 98

Supply Chain Game Changer

JULY 28, 2020

To establish, manage and maintain a Supply Chain takes a lot of resource. Supply and Demand Planning, Inventory Management, Quality Management, Logistics Management, Channel Management, Distribution, and Manufacturing must all be performed for every aspect of the Supply Chain.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100

SCMDOJO

AUGUST 16, 2023

[Read More: Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth ] Walmart’s Supply Chain: Integrated Supply Chain Success Data-Driven Success Factors In the realm of modern supply chain management, data-driven strategies play a pivotal role in enhancing a company’s competitiveness.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Finale Inventory

JULY 26, 2024

In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Una

SEPTEMBER 6, 2022

Taken together, they can give your lean team more time to focus on strategic activities that add value, such as supplier relationship management and long-term planning. What about lean supply chain management? Lean supply chains also operate on the principles of eliminating waste and doing more with less.

Agile and Lean Supply Chain 98

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

Arkestro

APRIL 23, 2024

Resources / Blog / Embracing AI and Predictive Procurement to Overcome Industry Challenges Embracing AI and Predictive Procurement to Overcome Industry Challenges Today’s procurement teams are faced with a host of challenges: Managing more spend with fewer headcount. Enhancing supplier performance. Here’s where attribution mapping comes in.

Procurement 52

Procurement Procurement team Quality Demand Planning 52

SCMDOJO

APRIL 4, 2023

What is the Difference Between Supply Chain Analytics and Supply Chain Management? When it comes to managing a supply chain, having access to real-time data can be a game-changer. What is the Difference Between Supply Chain Analytics and Supply Chain Management? It is an essential element of supply chain management.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Supply Chain Game Changer

SEPTEMBER 29, 2020

Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. Despite these devastating and far reaching implications of poor inventory management too often this area is not given the respect and attention that it deserves. Raw Material Management. Subscribe Here!

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

The Good Spending

SEPTEMBER 2, 2023

For example, when repeatedly sourcing a product already well-known for its quality and price, the main emphasis is on negotiations, creating competition, and ensuring rhythmic supply. High complexity of demand management As we know, the procurement process starts with demand planning and analysis.

Sourcing 59

Sourcing Procurement Category management Demand Planning 59

Arkestro

JANUARY 4, 2023

Procurement has had massive challenges and targets over the past year: Managing inflation. Companies Will Scale Their Procurement Knowledge Base and Enablement Programs To Attract and Retain A New Profile of Category Management Talent. Managing—even fully orchestrating— tail spend has been a long-time procurement discussion point.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104