Supply Chain Brain

NOVEMBER 14, 2023

Corporate investment in inventory management tools and other supply chain solutions could be limited in 2024 by high financing costs and lower profits.

Supply chain resilience 71

Supply chain resilience Supply chain Inventory Supply 71

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience! A resilient supply chain can: 1.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 70

SCMDOJO

MAY 2, 2024

In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience! A resilient supply chain can: 1.

Agile and Lean Supply Chain 52

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

Strategic Sourceror

JULY 24, 2022

"Even though some retailers have high inventories and may look to discount goods, I expect imports to remain strong — though tapered — versus last year." " Time will tell if the world is back on track but, for the moment, the signs are encouraging.

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

EazyStock

DECEMBER 13, 2020

Here are a few strategies to implement to support supply chain resilience and make your supply chain as responsive, robust and agile as possible. Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Inventory 98

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. Let’s look at the impact of each of these trends and see how you can incorporate them into your supply chain for 2021.

supply chain software solutions 96

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

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply chain Supply chain resilience Collaboration 130

Strategic Sourceror

OCTOBER 27, 2022

Shoring up staff is a good way to increase supply chain resiliency, which companies are trying to do more of today to ensure theirs has what it takes to stay together when it's taxed in the future. Technology, like enterprise resource planning solutions, provides superior visibility into supply chains and workflows.

Collaboration 105

Collaboration Supply Chain Efficiency supply chain software solutions Supply chain 105

SCMDOJO

JUNE 6, 2023

This helps them optimize inventory levels and avoid overstocking or understocking. This has proven to improve cash flow since businesses avoid extra costs by excess inventory supply, and they also avoid not having enough products on hand. By having an optimized supply chain, they help keep their customers satisfied.

Supply Chain Optimization 72

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

ivalua

APRIL 9, 2021

Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth. If procurement leaders don’t overcome technology challenges now, they risk missing growth opportunities and ensuring resilience for the future.”.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

ivalua

APRIL 8, 2021

Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth. If procurement leaders don’t overcome technology challenges now, they risk missing growth opportunities and ensuring resilience for the future.”.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

Supply Chain Game Changer

NOVEMBER 2, 2022

But with the use of SCRM software , manufacturers can reach a new level of efficiency and visibility within their supply chains. The software allows them to track shipments, monitor inventory levels, and understand where money is being spent. Automotive.

Risk management 96

Risk management supply chain software solutions Risk Management 96

EazyStock

SEPTEMBER 14, 2022

In this post, we’re going to focus on WMS and how they can help improve supply chain resilience. They help oversee the receiving and storing of stock items, inventory management, stock counts, order allocation, picking, packing, scanning, shipping and resource management. How can WMS improve supply chain resilience?

supply chain budgeting 52

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

Supply Chain Game Changer

MAY 5, 2021

They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Just-in-time” production has become a hallmark of today’s Supply Chains. But in the post-COVID-19 world, with its renewed focus on resilience, it looks like more organizations might be listening.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. More expensive borrowing.

Supply Chain Optimization 52

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

ivalua

NOVEMBER 26, 2020

Supply Chain Resilience vs Low-Cost Supply Chain. With the prospect of reshoring or nearshoring limited in scope, many organizations are pivoting their supply strategies to mitigate the impact of another disruption. Managing Risk Across the Supply Chain Remains Challenging.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

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

EazyStock

JUNE 21, 2022

The cloud can also rapidly respond to meet new demands in terms of size and volume, allowing for supply chain growth and scalability. Increased supply chain resiliency. Therefore, the cloud also enables and helps businesses to build up supply chain resilience.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

JUNE 30, 2023

However, maintenance inventory optimization is only part of the solution. Visibility into other key inventory (e.g., Electric power companies are draining inventories as they continue to upgrade equipment, while replacements are often delayed. 4 tips to help energy & utility supply chains avoid unexpected downtime 1.

e2e 64

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 64

IBM Supply Chain Blog

SEPTEMBER 13, 2021

Businesses with optimal supply chains achieve 5-15% lower supply chain costs , 20-50% less inventory holdings, and up to 3X cash-to-cash cycle speeds. Yet, most companies underperform due to operational inefficiencies and unexpected external disruptions. .

Supply Chain Efficiency 60

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 60

Supply Chain Brain

SEPTEMBER 11, 2020

When a supply chain practitioner performs plan analysis, she compares plans based on metrics such as service level attainment, inventory levels and resource utilization. Supply chain management’s timeframe commonly extends three to four months.

supply chain budgeting 43

supply chain budgeting Supply chain Supply chain resilience Supply chain management 43

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Wendy Tate, professor of supply chain management at the University of Tennessee, and coeditor-in-chief of the Journal of Purchasing and Supply Chain Management said it well , “Eliminating waste is good, but inventory isn’t necessarily the same as waste. Take out too much inventory, and you add risk.

Supply chain resilience 52

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

Supply Chain Game Changer

JUNE 2, 2021

Subscribe to Supply Chain Game Changer. Resilience is the New Critical Supply Chain Strategy! Supply Chain resilience article and permission to publish here provided by James Liang from Power RFP. Our world lives in a hyper-global supply chain environment. Subscribe Here!

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

Supply Chain Visibility 73

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 73

EazyStock

FEBRUARY 13, 2019

Let’s dig into the future supply chain trends that could transform your supply chain and logistics operations! Distributed Inventory. Distributed inventory reduces the lead time from a customer placing an order to the product being delivered while simultaneously reducing shipping costs. Digital Twin.

Supply chain management 45

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 45

Procurement Heads

DECEMBER 15, 2022

I took a job at Digital, which became Compaq and Hewlett Packard, in the supply chain team, managing the inventory for the organisation. I was actually more of an Analyst when I first started, which was a good foundation for a lot of procurement work you do later in your career.

Sustainability 130

Sustainability Supplier relationship management Contract management Procurement 130

EazyStock

JANUARY 17, 2022

Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. In 2022, key supply chain management trends all lean towards building supply chain resilience. Supply Chain Digitalization.

Supply chain management 52

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

World of Procurement blog

MAY 8, 2024

Working Capital - Inventory levels, DPO, DSO etc. Risk Management : With global supply chain disruptions, procurement is prioritizing supplier risk assessment and mitigation. Dual sourcing and supply chain digitization can help. that quantify the efficiency of P2P.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

OCTOBER 8, 2020

Prediction 1: By the end of 2021, half of all manufacturing supply chains will have invested in supply chain resiliency and artificial intelligence, resulting in productivity improvements of 15%; Prediction 2 : By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, (..)

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

SCMDOJO

JULY 7, 2023

Utilize technologies like real-time tracking, data analytics, and demand forecasting to optimize inventory management and reduce lead times. Encourage transparency, long-term partnerships, and joint problem-solving to enhance supply chain resilience and secure a reliable component supply.

Supply Chain Efficiency 99

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 99

IBM Supply Chain Blog

JUNE 30, 2023

These healthcare industry supply chain issues are equally urgent, and each require immediate attention. The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Supply expenses escalate due to over-ordering, waste and emergency orders.

Supply Chain Efficiency 85

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 85

World of Procurement blog

MAY 8, 2024

Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. Importance and Benefits of Effective Supply Chain Management An optimized supply chain is critical for business success and profitability.

Agile and Lean Supply Chain 40

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

Supply Chain Game Changer

JULY 27, 2021

Just saying you want to have a resilient Supply Chain doesn’t accomplish anything. According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. So What’s the Problem? control towers).

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

Empowering CPO

JUNE 14, 2023

Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Technology usage: Walmart uses a proprietary Retail Link system that helps in managing its supply chain by tracking sales and inventory levels in real time.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

JUNE 9, 2023

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. For example, cost-saving metrics can help identify opportunities to reduce expenses and increase profitability.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Supply Chain Action Blog

MARCH 12, 2015

Citing client examples the report states, “Perpetual planning enables more accurate demand and supply knowledge, as well as more accurate production and assembly status that can lower processing and inventory costs.

Supply Chain Analytics 40

Supply Chain Analytics Supply Chain Optimization supply chain software solutions Supply chain 40