SCMDOJO

MAY 2, 2024

The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 52

The Good Spending

AUGUST 16, 2022

Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Shadow procurement, supply chain, and logistics have become standard for many companies. The supply chain is the most collaborative function in the business.

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization Agile and Lean Supply Chain 52

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

Supply Chain Game Changer

JUNE 30, 2022

Subscribe to Supply Chain Game Changer. The Importance of a Strong Supply Chain and Logistics Strategy! A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. Subscribe Here! Email Address.

Agile and Lean Supply Chain 78

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

SCMDOJO

MARCH 25, 2024

The supply chain industry is vital to the global economy with its complex network of activities, people, organizations, information, and resources. As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising.

supply chain software solutions 85

supply chain software solutions Supply Chain Optimization Supply chain Supply 85

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Resiliency is now the name of the game for supply chains. Supplier Diversification. Supplier Diversification.

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supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 96

Procurement Tactics

JULY 2, 2023

Job orders also set out clearly the path for procurement professionals to enable them to execute the procurement process efficiently. For today’s article, we will explore everything you need to know about Job Orders, including what it is, their importance, and how to utilize them. What is a Job Order? A clear budget 4.

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supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 75

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.

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

Spend Matters

JUNE 19, 2023

They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86

SCMDOJO

DECEMBER 18, 2023

As you look at why this is so important, you see the smart planning that helps businesses run at their best and keep making money. Optimizing Equipment Lifespan: Regular and timely access to spare parts facilitates proper maintenance and repairs. Ready to enhance your spare parts management?

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Supply Chain Efficiency Inventory control Management supply chain budgeting 63

SCMDOJO

JUNE 14, 2023

For example, it can be used for inventory management, order fulfillment, and product tracking tasks. As a result, businesses can optimize their logistics processes using Orchestration and save time and resources. This technology allows businesses to monitor their supply chain from order placement to final delivery in real-time.

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Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 77

EazyStock

NOVEMBER 19, 2020

Stock replenishment is an important aspect of inventory management, as it ensures the right stock items are being reordered to meet customer demand. Stock (or inventory) replenishment is the process of moving items along the supply chain so they are ready to be picked and shipped, thus fulfilling orders on time.

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Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Inventory 98

EazyStock

AUGUST 21, 2020

For businesses that carry non-perishable goods it’s tempting to order and carry surplus stock to help meet market demand and hit order fulfillment targets. In some circumstances carrying excess stock can be a good thing: having all items in stock helps avoid costly back orders and keeps customers happy.

Inventory 52

Inventory Strategy Supply Chain Optimization Quantity 52

EazyStock

JULY 13, 2020

In this four-part blog series we look at the impact COVID-19 has had on supply chains and how inventory optimization software can help. In this post we focus on inventory planning and how to optimize stock levels despite erratic customer behavior and supply restrictions.

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Inventory planning Inventory Supply Chain Optimization supply chain software solutions 52

Supply Chain Game Changer

JULY 30, 2019

Subscribe to Supply Chain Game Changer. But for those who are professionals working in the Supply Chain field there can be very unique distinctions in this terminology. This is extremely important when you consider the tasks at hand, the skills required, and how to fill these types of jobs. Subscribe Here!

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

EazyStock

JANUARY 21, 2021

The complexity and importance of inventory management is often underestimated. When obtaining optimal order points and order quantities buyers need to keep track of everything from minimum order quantities, to stock multiples, article replacements and ensuring adequate storage space. Manage non-stocked items.

Inventory 52

Inventory Management Quantity Order Fulfillment 52

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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

SCMDOJO

JANUARY 18, 2024

In the supply chain, order management and inventory management play significant roles in rapid growth. Business success requires efficiency and effectiveness in managing an increasing number of orders. AI-based OMS speeds up operations and optimizes the performance of the supply chain.

Supply Chain Optimization 74

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Real-time Visibility 74

EazyStock

APRIL 20, 2020

Our developers are working hard every day to make sure EazyStock is living up to your high expectations for advanced inventory optimization. The “components forecasting” feature automatically calculates the optimal order recommendations and stock levels for each component. Components Forecasting via Bill of Materials (BOM).

Bill of materials 52

Bill of materials Supply Chain Optimization Order Fulfillment Demand 52

EazyStock

JANUARY 31, 2022

Lots of activities, processes and people are involved in ordering, receiving, storing, picking and shipping items with the ultimate aim of keeping customers happy with the correct orders that are on time. Inventory management KPIs are important to measure the progress of supply chain objectives and identify areas for improvement.

Inventory 52

Inventory Management Supply Chain Optimization Supply Chain Efficiency 52

EazyStock

JUNE 22, 2020

From manufacturing all the way through the supply chain to user, medical supplies have particularly been affected in terms of both demand and availability. The most notable change has been the surge in demand for supplies like personal protective equipment (PPE) including face masks, face shields, disposable gloves, gowns, etc.

Supply 52

Supply Inventory Demand Supply Chain Optimization 52

Supply Chain Trend

DECEMBER 22, 2023

We will decide and response faster in our supply chain and make higher quality operational and strategic decisions. I believe that soon enough it will become a must to provide new roles to young graduates for them to be interested in working in supply chain. However, what we call this evolution of IBP is not important.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

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. Rider (1970)). Bowersox, David J.

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Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 131

Supply Chain Game Changer

APRIL 28, 2021

Subscribe to Supply Chain Game Changer. The Next Generation Supply Chain is Cloud Computing! It is important to keep this information up to date and safe. Create one overall solution by integrating other software with your cloud-based POS system for optimal efficiency and a streamlined business.

supply chain software solutions 59

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 59

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes. Any company that wants to succeed must collaborate long-term with suppliers to offer its clients the most value.

Supply Chain Efficiency 19

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

Solvoyo

MARCH 5, 2021

For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

MAY 19, 2022

Subscribe to Supply Chain Game Changer. With supply chain disruptions, low capacity, and skyrocketing fuel costs, manufacturers and shippers are facing monumental hurdles. Consumers have high expectations for order fulfillment, shipping, and delivery, and LTL can use small freight to meet these expectations.

supply chain budgeting 95

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 95

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. Consumers’ willingness to wait to receive their orders has dwindled significantly in the past half-decade. In this guide, you’ll find everything you need to know about lead time and how to use it to optimize your order fulfillment. Subscribe Here! Email Address.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Inventory Supply Chain Optimization 98

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

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

SCMDOJO

OCTOBER 7, 2022

Logistics is the central system that controls physical inventory flow in a supply chain. Experts wrote many articles emphasizing the importance of Logistics , Logistics optimization, Logistics planning, and Logistics space optimization. One of the articles on Logistics space optimization can be found here.

Logistics 109

Logistics Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 109

Supply Chain Game Changer

SEPTEMBER 6, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Detective – Our First 10 Cases! This was another case for The Supply Chain Detective ! Still the sourcing and supplier management of other materials was delegated to our facilities. Subscribe Here! Email Address. Setting the Scene.

Supply Chain Optimization 80

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 80

Supply Chain Trend

NOVEMBER 27, 2016

To get some answers for S&OP practitioners, Niels van Hove from Supply Chain Trend interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. To get some answers for S&OP practitioners, Supply Chain Trend interviewed a group of S&OP leaders.

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supply chain software solutions supply chain budgeting Supply Chain Optimization Leadership 100

Supply Chain Game Changer

NOVEMBER 11, 2018

Everyone, including those who are best in class, has the need to reduce costs, improve the speed and accuracy of order fulfillment and warehouse activities, optimize inventory, and provide sufficient capacity to support growth at your busiest times of the year. This is facilitated by the IoT and Cloud Computing for instance.

supply chain budgeting 43

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Inventory control 43