Procurement Tactics

JUNE 8, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Lead Time Management This technique refers to the time it takes from placing an order to receiving it. It includes demand planning, procurement, order fulfillment, warehouse management, and integration with other business processes.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By outsourcing transportation management, businesses can reduce costs, improve visibility, and enhance overall logistics efficiency.

Contract 91

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 91

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

Supply Chain Visibility 64

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 64

Supply Chain Game Changer

JULY 30, 2019

To varying degrees, logistics management functions include customer service, sourcing and procurement, production planning and scheduling, packaging, and assembly. Logistics management includes a wide range of activities.

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. Planning functions with a majority of decisions being automated or autonomous are sales and operations execution (S&OE) (57%), order fulfillment/available to promise (56%), production planning (53%) and production scheduling (53%).

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

World of Procurement blog

MAY 8, 2024

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. Customers receive orders on-time without backlogs. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

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

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 60

Real-time Visibility Management e2e Supply Chain Efficiency 60