World of Procurement blog

MAY 8, 2024

The ultimate goal of SCM is to reduce costs while satisfying customer demands. Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. It improves product availability and order fulfillment rates.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. What is Logistics and Supply Chain Management?

Supply Chain Efficiency 132

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 132

Supply Chain Game Changer

JUNE 30, 2022

The Importance of a Strong Supply Chain and Logistics Strategy! 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.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 78

Supply Chain Game Changer

JANUARY 13, 2022

Unfortunately, most businesses had not adequately planned for such a scenario which resulted in massive glitches in logistics. According to experts, the demand for last-mile delivery is expected to grow by 78 percent globally by 2030. IoT enhances visibility and real-time tracking of goods and the fleet without human intervention.

Innovation 119

Innovation Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 119

Supply Chain Game Changer

JULY 1, 2021

Supply Chain Investment Challenges – Real and Imagined! That way, they can dwarf shipping times and delivery costs to meet customers’ expectations. But the resulting time and cost savings are so huge that the loan pays for itself in a few years. Invest in supply chain visibility. Subscribe Here! Email Address.

Supply Chain Efficiency 60

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 60

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Effective Distribution Operations require careful planning, coordination, and execution to ensure that products reach their intended destinations in a timely and cost-effectively.

Strategy 103

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 103

IBM Supply Chain Blog

JUNE 30, 2023

Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. Gain trust with AI-optimized fulfillment to deliver on guarantees The way to gain a loyal customer is to gain their trust. Simple: communicate!

Retail Supply Chain 63

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 63

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Supply Chain Efficiency 76

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 76

Una

APRIL 23, 2024

The research found that AI-enabled supply chain management allowed early adopters to improve: Forecasting errors reduced by up to 50% Logistics costs improved by 15% Inventory levels by 35% Service levels by 65%. Route optimization & logistics planning Cost savings, faster delivery times, and happier customers?

Supply chain management 52

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

SCMDOJO

JUNE 6, 2023

Demand Forecasting & Planning Understanding data analytics is relevant as we continue to herald in the nouveau era of tech-powered automation and optimization. Moving along, data analytics helps with effective demand forecasting and planning. It does this by identifying seasonal trends and demand patterns. Why is it crucial?

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. Ensuring Business Continuity: Supply chain disruptions can have far-reaching consequences, affecting logistics, suppliers, and workforces.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 72

SCMDOJO

NOVEMBER 24, 2023

The WMS proves to be a great tool for managing the entire activities of a warehouse, effortlessly handling tasks ranging from inventory management, replenishments, receiving, put-away, picking, packing, and shipping, to tracking the logistics system. Additionally, the inventory is updated on a real-time basis.

Supply Chain Efficiency 66

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 66

Supply Chain Game Changer

AUGUST 10, 2021

I quickly became very familiar with the standard half-sized and full-sized (40″ x 48″) pallets that the company was using at the time, though I was unaware of the Pallet Supply Chain. The backbone of the Digital Supply Chain of the future is end to end electronic connectivity and real time visibility as to the movement of goods.

Price 98

Price Supply Chain Efficiency Supply chain Supply 98

Spend Matters

JUNE 19, 2023

This Spend Matters series takes a look at the state of procurement technologies in the market today and whether they meet user demands. budget compliance and inventory availability), enable effective spend, preferred supplier and category management. In this article, our analyst Xavier Olivera looks at E-Procurement.

Procurement solutions 87

Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

Solvoyo

JUNE 11, 2021

Last year, my cousin had a daughter, and I became an uncle for the first time. Since e-commerce gave me the option to fulfill my wish with minimum effort, I chose to order it online. Orders need to be taken, processed, shipped, and received by the customer, and they should arrive on time as promised at the time of the order.

Order Fulfillment 52

Order Fulfillment Management Real-time Visibility Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Control Towers – Is Yours Real or Just Smoke and Mirrors? Every research firm and vendor has their own definition, but all share the common theme of visibility. A traditional control tower provides visibility to immediate trading partners only. So, control towers are an attempt to combat it with visibility.

Supply Chain Efficiency 53

Supply Chain Efficiency Real-time Visibility supply chain budgeting Supply Chain Optimization 53

The Network Effect

JUNE 19, 2015

Today’s highly complex global supply chains truly require a single version of the truth providing full order and inventory visibility. If having an optimized order and logistics operation is a core requirement for your business, ERP solutions simply do not go far enough to provide this type of operating backbone.

Real-time Visibility 59

Real-time Visibility Supply Chain Optimization Supply chain Order Fulfillment 59

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 77

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 77

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. The time has come to change the maniacal focus on efficiency for one that balances both efficiency and resilience.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

AUGUST 6, 2020

This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The mass adoption of digital emerging technologies influences the operations of companies’ logistics and supply chain management. Digital Twinning article and permission to publish here provided by Jenis Sheth.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

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

JULY 2, 2021

Featuring Our Top 16 Articles on Freight and Logistics! Distribution challenges article written by Jay Catlin of AMS Fulfillment and permission to publish here provided by Samantha Trejo. Inventory Tracking. A shipment arrives at the warehouse. This shipment becomes misplaced and lost within the warehouse.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply Chain Efficiency Warehouse operations 52

Solvoyo

MARCH 5, 2021

Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them.

Agile and Lean Supply Chain 52

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

Supply Chain Brain

APRIL 23, 2018

It all dates back to the heyday of catalog sales, when customers would order more sizes or styles than they intended to keep, try them on, then send back the unwanted items. Retailers were forced to cope with large volumes of returns, becoming experts in the art of reverse logistics. Now, they’re certain to see those flows intensify.

Logistics 40

Logistics Real-time Visibility Bidding Demand 40

Supply Chain Game Changer

NOVEMBER 22, 2018

At the current rate, says Jennifer McKevitt of Supply Chain Dive , the supply chain skills gap will result in major problems for order fulfillment and lead to increased costs by 2020. These skills gaps were forged in a time when manufacturing and supply chain management were seen as dirty, unforgiving professions.

Supply chain 60

Supply chain Supply chain management Supply chain management Real-time Visibility 60

The Network Effect

OCTOBER 30, 2015

This in-transit inventory can be tracked as being held in a ‘moving warehouse’ and is used to plan customer order fulfilment, enabling deliveries to be planned with the customer. This streamlined approach increases visibility, enabling an improved delivery management service to the customer. It probably could.

Networking 55

Networking Supply Chain Optimization supply chain software solutions Supply chain 55

Supply Chain Game Changer

NOVEMBER 26, 2019

The Black Friday/Cyber Monday period is the busiest time of the year in E-Commerce and Retail. For most companies selling in these channels they will see a spike in demand unlike anything they’ve experienced the entire year. But its one thing to sell and take orders for all of these products.

Supply chain 51

Supply chain Real-time Visibility Supply Inventory 51

Supply Chain Opz

JANUARY 22, 2016

Mike Skinner, Vice President, CLX Logistics Technologies Without question, one of the most significant game changing technologies in the past 12 months and looking forward at the next 18 months is TMS – to which you say “big deal” and I say, “true plug-and-play (SaaS/Cloud) global TMS integrated with global trade and customs execution”.

Supply Chain Efficiency 49

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 49

Supply Chain Trend

DECEMBER 22, 2023

Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. I think it is time to update the IBP belief sytem to be more reflective of current times, technology & ways of working, and create a modern IBP vision.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Supply Chain Game Changer

NOVEMBER 16, 2022

Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information. Management can review orders in real-time and spend time on exceptions raised by the system. Real-time data and analytics.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19