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 Budget Category management 98

Procurement Tactics

AUGUST 15, 2022

The logical approach for supply chain planning is to look for the result and go back as it often begins with demand planning. . Components of Supply Chain Planning . Demand planning. The chance of producing and stocking sufficient inventory improves when you accurately forecast demand for a product. .

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 130

Supply Chain Collaborator

JUNE 4, 2019

The leaders in supply chain management are all focused with intensity on achieving the promise of Supply Chain Digitization. Originally designed to support crypto-currency transactions, the blockchain technology has enormous potential for applications managing supply chain activity.

Supply chain management 74

Supply chain management Supply chain management supply chain software solutions Supply Chain Efficiency 74

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? SCM involves the flow of materials, finances and information. Source: [link] ).

Supply chain management 72

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 72

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. Let’s delve into this emerging concept.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

EazyStock

JANUARY 17, 2022

In 2022, key supply chain management trends all lean towards building supply chain resilience. We’ve compiled a round-up of the top six supply chain management trends that we think you should take notice of in 2022. Improving Demand Forecasting and Demand Planning. Supply Chain Digitalization.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! 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. Subscribe Here! Email Address.

Supply Chain KPIs 98

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

Procurement Tactics

JUNE 6, 2023

Thus, you will be able to predict your supply chain which will help you meet your customers’ demands. Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs. Demand forecasters need to be prepared.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Supply Chain Game Changer

NOVEMBER 22, 2018

But I also found that the ability to grow your Farm by adding capabilities and features, by controlling the way in which you buy and sell things, and managing your inventory levels of all of the materials was both fun and interesting. In playing FarmVille I was really just managing a digital Supply Chain! Capacity Management.

Agile and Lean Supply Chain 46

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Raw materials 46

SCMDOJO

JANUARY 26, 2024

Set Realistic Career Goals To build a successful career, establish achievable goals aligned with your aspirations, such as becoming a supply chain manager, logistics director, or category manager. Thoroughly research the qualifications and requirements for your desired roles to tailor your professional development plan accordingly.

Supply Chain Optimization 65

Supply Chain Optimization Supply chain Leadership Supply chain management 65

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 Optimization supply chain software solutions Supply chain 105

Supply Chain Game Changer

JULY 31, 2019

A while ago, we blogged about how more Startups are looking to Supply Chain Management to boost their productivity as they scale. Supply Chain Management is an important factor for fast-growing hardware manufacturing companies, whether they’re producing goods overseas or at home. If you fail to plan, you plan to fail.

Supply Chain Efficiency 72

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

Planergy

JULY 18, 2023

How better management in AP can give you better flexibility for cash flow management. Small businesses need proper working capital management to finance day-to-day operations. In other words, it indicates how well the company manages its short-term financial obligations. treasury bills, etc.

Import 52

Import supply chain budgeting Inventory Budget 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 69

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 69

Supply Chain Brain

MAY 7, 2018

in this way: “It provides an extra capacity to manage and extract insights and intelligence from information.” While theoretically replicating the learning curve of humans, it can also help managers to deliver faster and better outcomes, says Webb. Webb sums up the role of A.I. Machine learning, an aspect of A.I. Can the A.I.-driven

Price 40

Price Raw materials Supply Chain Optimization Supply chain 40

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.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Empowering CPO

JUNE 26, 2023

By analyzing data on market trends, demand patterns, and supplier capabilities, organizations can make informed decisions regarding sourcing strategies, supplier selection, and risk management. This leads to improved agility, better decision-making, and a competitive advantage in the marketplace.

Real-time Visibility 40

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

Supply Chain Action Blog

JULY 8, 2021

After a short stint in manufacturing process engineering in another industry, she got interested in the business side of things and moved into supply chain planning, starting in demand planning. Through her affinity for math and her attention to detail, Amanda earned a couple of promotions and is now a senior demand planner.

Demand Planning 40

Demand Planning Demand Supply Chain Optimization Agile and Lean Supply Chain 40

Supply Chain Game Changer

NOVEMBER 12, 2018

In short I needed to be able to manage: All of the levers that control the rate at which Inventory is brought in to the company. I had to translate this thinking into a manageable set of high impact tasks. Supply/Demand Planning. This will help to manage the rate at which Inventory comes in to your business.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Supply Chain Game Changer

FEBRUARY 8, 2022

I recently saw the headline for an article which said that Supply Chains are NOT broken, but rather it is just a demand planning issue. Commodity and raw material shortages of every kind have delayed the manufacturing and distribution of goods across most industries, driving up prices in the process.

Supply chain 90

Supply chain Real-time Visibility e2e Supply 90

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What’s The Difference Between Logistics and Supply Chain Management? According to Wikipedia, “Logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. Subscribe Here! Email Address. Infographic).

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

Supply Chain Opz

JULY 7, 2013

7 Principles of Supply Chain Management Explained. Would you like to understand supply chain management concept but dont have time to study from a supply chain textbook ? The good news is, this article will explain to you the key principles of supply chain management that you can finish within 5 minutes. Background.

Supply chain management 102

Supply chain management Supply chain management Supply chain Management 102

Empowering CPO

JUNE 20, 2023

Understanding these terms is fundamental to unravelling the intricacies of spend management and leveraging the full potential of spend analysis. Spend analysis plays a crucial role in managing direct spend. Managing and analyzing indirect spend presents its own set of unique challenges. Office supplies, utilities, IT services.

Supplier consolidation 40

Supplier consolidation Negotiation Suppliers Procurement strategies 40

Supply Chain Game Changer

JANUARY 30, 2020

We needed to be dramatically better at managing Inventory to convince ourselves, and our customers, that we were a trusted and leading Supply Chain Services partner. I met with the management team within my first week. I met with the management team within my first week. Supply/Demand Planning. The Approach. .

Inventory 61

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

Supply Chain Game Changer

NOVEMBER 16, 2018

We needed to be dramatically better at managing Inventory to convince ourselves, and our customers, that we were a trusted and leading Supply Chain Services partner. I met with the management team within my first week. Supply/Demand Planning. Setting the Target. The team looked at me incredulously when I set that target.

Inventory 43

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

Supply Chain Game Changer

APRIL 14, 2020

Demand planning improvements. The current pandemic and the myriad models that have been developed should be incorporated into demand plans for strategic stockpile levels in the future. This should include second and third level components and raw materials which are used to manufacture the critical end products.

Sourcing 105

Sourcing Raw materials Inventory Demand Planning 105