UNFI looks to improve demand planning and replenishment capabilities
Supply Chain Dive
JULY 17, 2023
The company will use Relex Solutions’ cloud-based procurement offering to establish a centralized, data-driven buying system.
The Beautiful Complexity of Procurement Planning
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.
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Trending Sources
Embracing AI and Predictive Procurement to Overcome Industry Challenges
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.
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Supply Chain Forecasting — Everything You Should Know
Procurement Tactics
MARCH 27, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. Thus, why it is critical to the success of an organization.
Supply Chain Planning — The Ultimate Guide of 2022
Procurement Tactics
AUGUST 15, 2022
33 Procurement Interview Questions in 2022. Supply Chain Planning — The Ultimate Guide of 2022. Supply chain planning helps organizations to meet customer demands efficiently. However, to achieve this, you will need to have effective supply chain planning. . What is Supply Chain Planning? Demand planning.
Inventory Management — Everything You Should Know
Procurement Tactics
JUNE 8, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it? Why is it Important?
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Inventory Forecasting — Everything You Should Know
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. However, what is it?
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What is Supply Chain Management? A Guide to Success
SCMDOJO
APRIL 29, 2024
A well-managed supply chain enables businesses to respond swiftly to market demands, mitigate risks, and seize growth opportunities. Planning: This stage involves forecasting demand, setting production schedules, and creating a strategic framework for the entire supply chain.
Leveraging Lean Procurement
Una
SEPTEMBER 6, 2022
Leveraging Lean Procurement. Have you ever been asked to “do more with less” in procurement? What is lean procurement? Lean procurement” can mean several different things depending on who you ask, but the common thread connecting every definition is the core concept of doing more with less. Benefits of lean procurement.
Building Blocks of Supply Chain Strategy!
Supply Chain Game Changer
JUNE 30, 2022
Demand Planning. Rather than creating the demand, businesses need to be able to respond quickly to customer demand. Demand planning helps your business understand the current demand for a good or service and predict future demand. Visibility. Conclusion.
Technology Trends in Procurement
Una
AUGUST 2, 2022
5 Technology Trends in Procurement. We like talking about savings in big numbers at Una , but even we are awed by the sheer scale of the procurement technology market. According to Verified Market Research , the global procurement software market will grow from $5.5 Technology trends in procurement. Cloud migration.
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Talent Spotlight: Andrew F. Smith
Procurement Heads
APRIL 27, 2023
Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. Collaboration and stakeholder engagement are much-used terms within procurement teams.
Talent Spotlight: Andrew F. Smith
Procurement Heads
APRIL 27, 2023
Andrew’s career started in supply chain and M&A roles in Unipart Group, before moving to Royal Mail where he was part of the procurement leadership team that transformed the function, achieving CIPS Gold accreditation in the process. Collaboration and stakeholder engagement are much-used terms within procurement teams.
The ISM ThomasNet Top 30 Under 30 Class of 2017: Where are they now?
Procurement Insights
JANUARY 11, 2024
During that time, I had the opportunity to talk with many enthusiastic procurement professionals who were energized and enthusisatic about joining our industry. In short, rather than just “falling into procurement,” they chose to pursue it as a career.
Supply Chain Department – A Typical Structure
SCMDOJO
MARCH 19, 2024
While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?
Beginners Guide to Supply Chain Management
World of Procurement blog
APRIL 23, 2024
Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Flexibility/Volatility : Ability to adapt to changes like demand fluctuations.
Beginners Guide to Supply Chain Management
World of Procurement blog
APRIL 23, 2024
Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Flexibility/Volatility : Ability to adapt to changes like demand fluctuations.
Business Success with Sales & Operations Planning (S&OP)
NLPA (Next Level Purchasing Association)
MAY 7, 2023
It involves integrating the company’s sales, marketing, operations, and financial plans to ensure alignment and effective decision-making. S & O Planning enables organizations to balance supply and demand, improve production rates, reduce lead times, and enhance customer service levels. Why Implement eS&OP?
The Role of IT in Supply Chain!
Supply Chain Game Changer
NOVEMBER 3, 2022
Procurement Management. Procurement is one of the most important parts of supply chain management because it determines which suppliers you work with and how much they charge for their products or services. Demand Planning. One of the things IT systems do is use enterprise resource planning (ERP) for demand planning.
Demand Planning for Q4: A Comprehensive Inventory Guide
Finale Inventory
SEPTEMBER 6, 2023
Demand planning with inventory management software and data reports. For businesses, it means meticulous planning to get ahead of Q4 in order to navigate the whirlwind of sales, promotions, and elevated customer expectations. Q4 Demand Planning is Crucial Inventory demand planning for Q4 isn’t a casual month-long affair.
Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry
SCMDOJO
JUNE 21, 2023
SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Two fundamental questions arise: the definition of procurement outsourcing and the most efficient approach to its implementation.
Sales and Operations Planning – What Is It, and Why Should You Care?
NLPA (Next Level Purchasing Association)
JUNE 23, 2022
In simple terms, it is a decision-making process that ensures that the tactical plans in all business functions are aligned and in support of the company strategy, business plans, and goals. Originally the term S&OP was used to identify aggregate planning (i.e., Align operational planning with financial planning.
The Big Interview with Lorna Baker
Procurement Heads
MARCH 27, 2023
For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. What are the roles and responsibilities the procurement function holds within Futures Housing Group?
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4 Challenges for Procurement in Launching New Products
Zycus Cognitive Procurement
MAY 31, 2022
For procurement officers, this can be a particularly daunting task. There are several things to take into account when procuring for a new product, from ensuring you have the correct supplies to planning for potential delays. Unable to forecast the demand leading to shortages. Unreliable supplier assessments.
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Streamlining supply chain management: Strategies for the future
IBM Supply Chain Blog
FEBRUARY 19, 2024
The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. By doing so, they can improve profitability, meet customer demand and ensure their business is resilient in the face of disruptions.
From Spend to Supply — Coupa’s direct spend management progress
Spend Matters
MAY 8, 2023
One consideration is the range of scenarios direct procurement encompasses, which can vary significantly from one customer to the next. prior to P2P execution) and/or downstream activities, new or existing products, procurement and/or supply chain functions, etc. The specific processes and needs involved may include upstream (i.e.,
The Big Interview with Lorna Baker
Procurement Heads
MARCH 27, 2023
For Procurement Heads ‘ latest Big Interview, Lorna spoke with Gemma Burman about her procurement career. How did you get into procurement? Well, like a lot of people, I fell into procurement really. What are the roles and responsibilities the procurement function holds within Futures Housing Group?
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Collaboration will drive future sourcing and supplier management success
ivalua
SEPTEMBER 3, 2015
Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. It requires the building of trust and the development of shared goals.
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Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage
SCMDOJO
AUGUST 16, 2023
The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.
The Impact of Employee Skill Proficiency on Business, Innovation, and Supply Chain Performance
Skill Dynamics
OCTOBER 18, 2023
After all, these training programs provide a range of benefits, spanning from specific role-focused activities like inventory control, supply, and demand planning, or project management, to giving employees the tools they need to drive their creativity and productivity, thus significantly contributing to business success.
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The Big Interview with Ana Maria Velica
Procurement Heads
AUGUST 11, 2022
When did your interest in procurement and supply chain begin? Here I am, 18 years later having led major procurement transformations in three international companies: British American Tobacco, Heineken and Nestle. Soon after, a great opportunity came with Heineken global procurement whose headquarters is in Amsterdam.
4 Predictions on Procurement’s Top Trends in 2023
Arkestro
JANUARY 4, 2023
In 2022, procurement faced challenges on multiple fronts. Eager to reduce administrative busywork, procurement teams are treating the permacrisis as an opportunity to make long-sought changes along a digital journey. Procurement has had massive challenges and targets over the past year: Managing inflation.
5 Common Supply Chain Resume Mistakes to Avoid
SCMDOJO
JUNE 1, 2023
If you want to be a demand planner, research the skills, qualification and experience required. Design you CV around the demand planning role you are applying for, mentioning experience, responsibilities and key achievements in your previous jobs as well as strategically choosing any correlating testimonials that you may have.
Top 10 Best Supply Chain Job Boards
SCMDOJO
JULY 13, 2022
National Association of Educational Procurement. It’s designed to change the way education happens online by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. National Association of Educational Procurement. Michael Page. Naukri Gulf. Jobsinlogistics.
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Fueling Success: Career in Supply Chain Guide
SCMDOJO
NOVEMBER 17, 2023
We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Access the full course here!
The Importance of Supply Chain Collaboration
The Good Spending
AUGUST 16, 2022
Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. Shadow procurement, supply chain, and logistics have become standard for many companies. Buy from Amazon U.K.
Collaboration Will Drive Future Sourcing and Supplier Management Success
ivalua
SEPTEMBER 3, 2015
Historically, if you asked sourcing leaders to name the one competency they felt they needed their procurement and sourcing teams to master in order to achieve ongoing sourcing and supplier management success, most would likely have said negotiation skills. It requires the building of trust and the development of shared goals.
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The Supply Chain Gender Pay Gap is Narrowing!
Supply Chain Game Changer
OCTOBER 28, 2020
With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? This tracks with what we’ve often spoken about: professionals in the field are in high demand, and this demand is only increasing. What’s the monetary value of advanced certifications and degrees?
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98 Democratising Supply Chain Training – Dr. Muddassir Ahmed from SCM Dojo
The Procuretech Podcast
OCTOBER 3, 2022
We're continuing our series of interviews with industry experts and thought leaders to get their take on digital procurement. Muddassir started work as a demand planner, but got to experience a wide range of roles at Eaton. What impacts has Muddassir seen from disruptive procurement technology? We are seeing some changes here.
The Supply Chain of Tomorrow is Here Today
Supply Chain Collaborator
MAY 23, 2019
You deployed ERP for procurement and order management, S&OP tools for sales and operations, WMS to automate your warehouses. They’re integrating planning and execution to power smart procurement, autonomous logistics and warehousing. You put in a TMS for logistics management, scheduling, and track & trace.
This is NOT thought leadership, it’s practical talk about Supplier Value Management
ivalua
JULY 27, 2015
It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.
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Why is Supply Chain Such a Great Career Path?
Supply Chain Game Changer
JUNE 11, 2019
SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products.
6 Critical Supply Chain KPIs!
Supply Chain Game Changer
JULY 21, 2021
Procurement Cost. The cost of procurement includes not just the purchasing cost of inventory that is negotiated with suppliers, but it also includes hidden costs related to transportation, negotiation, duties and more. Inventory Turnover (Cash).
11 Tips to Take Your Supply Chain Career to the Next Level
SCMDOJO
JANUARY 26, 2024
As the demand for supply chain professionals continues to grow, staying ahead in this dynamic field demands more than technical know-how—it necessitates a holistic approach to career development. Develop a Step-by-Step Plan Once you’ve identified your career ambition, create a step-by-step plan.
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