Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. 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 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”? Interestingly there are many views on how to define Supply Chain.

Supply chain management 75

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 75

EazyStock

OCTOBER 31, 2022

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting?

Demand Planning 52

Demand Planning Demand supply chain software solutions Supply Chain Efficiency 52

EazyStock

OCTOBER 31, 2022

What is demand planning? Demand planning is part of a company’s planning strategy to allocate resources in the best and most effective way to meet demand and respond to demand changes. Why is demand planning important? Is demand planning the same as demand forecasting?

Demand Planning 52

Demand Planning Demand supply chain software solutions Supply Chain Efficiency 52

Finale Inventory

SEPTEMBER 4, 2024

In the fast-paced ecommerce sector, optimizing the supply chain is vital for ensuring efficient operations. One effective strategy is materials tracking, a method that enables businesses to monitor the movement of materials throughout the supply chain. The use of advanced technology also plays a key role.

Supply Chain Efficiency 52

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

EazyStock

JANUARY 17, 2022

The past few years have seen unprecedented supply chain challenges largely stemming from COVID-19 disruptions. Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. Supply Chain Digitalization.

Supply chain management 52

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

Finale Inventory

JULY 22, 2024

This approach allows quick order responsiveness and reduces the risk of stockouts, particularly during peak seasons or unexpected demand spikes. By using MTS, companies avoid delays from waiting for raw materials or production setup, leading to quicker order processing. Seasonal demand fluctuations also affect MTS strategies.

Inventory 52

Inventory Raw materials Order Fulfillment Supply Chain Efficiency 52

Finale Inventory

AUGUST 8, 2024

By smartly allocating stock at different levels of the supply chain, MEIO ensures the right products are available at the right time, in the right quantities, and in the right locations. It looks at demand patterns, lead times, and other factors to determine optimal stocking levels and replenishment strategies.

Supply Chain Optimization 52

Supply Chain Optimization Inventory Real-time Visibility supply chain software solutions 52

SCMDOJO

MAY 30, 2024

Delve deeper into our blogs to see the full journey, from raw materials to your doorstep! Being a transportation coordinator, you must enroll in our course “ Mastering Transportation Management System “ The course teaches you to benchmark and select the right TMS software. Intrigued by the logistics department?

Logistics 97

Logistics Order Fulfillment Supply Chain Optimization Inventory 97

Finale Inventory

JULY 15, 2024

It includes costs like raw materials, direct labor, and other production-related expenses. Leveraging Technology for Inventory Optimization Advancements in technology offer ecommerce businesses a range of inventory management tools and software solutions.

Inventory 52

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

Finale Inventory

JULY 22, 2024

In the context of ecommerce, logistics management refers to the process of planning, implementing, and controlling the flow of goods and services from suppliers to customers. This includes everything from sourcing raw materials or finished products to delivering the final order to the customer’s doorstep.

Logistics 52

Logistics Management Supply Chain Efficiency Supply Chain Optimization 52

Finale Inventory

JULY 23, 2024

It covers inventory forecasting, demand planning, order fulfillment, and warehouse management. It encompasses both finished products and raw materials available for sale. Perpetual inventory systems use barcode scanners, RFID technology, and inventory management software to track every stock movement within a business.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Efficiency 52

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. And, anyway, forecasts will always be wrong, they will always change, and the demand planner will always take the blame.

Demand Planning 40

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

World of Procurement blog

MAY 8, 2024

Types of Procurement There are several types of procurement that organizations utilize: Direct Procurement Direct procurement involves purchasing raw materials and components that go directly into a company's end products. Conduct supply chain audits and due diligence on high-risk categories.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

MAY 30, 2024

Delve deeper into our blogs to see the full journey, from raw materials to your doorstep! Being a transportation coordinator, you must enroll in our course “ Mastering Transportation Management System “ The course teaches you to benchmark and select the right TMS software. Intrigued by the logistics department?

Logistics 52

Logistics Order Fulfillment Supply Chain Optimization Inventory 52

Planergy

JULY 18, 2023

Short-term investments the company plans to sell within 12 months. Inventory – raw materials, finished goods, and works in progress Accounts receivable, minus allowances for any payments expected to be written off as bad debts. treasury bills, etc. Prepaid expenses – rent, insurance premiums, utilities, etc.

Import 52

Import supply chain budgeting Inventory Budget 52

Empowering CPO

JUNE 26, 2023

Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain. By analyzing data on market trends, demand patterns, and supplier capabilities, organizations can make informed decisions regarding sourcing strategies, supplier selection, and risk management.

Real-time Visibility 40

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

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

Finale Inventory

FEBRUARY 6, 2025

Another survey revealed that demand forecasting is one of the top three most popular investments among retail and consumer goods supply chain leaders. Inventory forecasting or demand planning uses historical data and ongoing trends to predict your inventory needs. What Is Inventory Forecasting?

Inventory 52

Inventory Demand Raw materials Inventory control 52