World of Procurement blog

MAY 23, 2024

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. Develop contingency plans for potential problems like supply delays, quality issues, or unexpected spikes in demand.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Let's Talk Supply Chain

JANUARY 9, 2023

19.56] A closer look at TraceGains’ configurable solutions for product development, which support customers in creating new formulas and finished goods. Let’s just get all these companies to connect.”. 15.34] A deeper dive into TraceGains Gather, a marketplace that invites customers to “experience sourcing nirvana.”.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Food and Beverage Supply Chain supply chain software solutions Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 23, 2020

At Argentus, we’ve long written about how crucial Supply Chain leadership is to business strategy. That’s why we were interested in a new survey from Talking Logistics, an online talk show featuring interviews with leaders from the Supply Chain Industry.

Supply chain 104

Supply chain Leadership Supply Logistics 104

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ).

Supply chain management 72

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

SCMDOJO

DECEMBER 14, 2023

Delivery Lead Time: In the downstream supply chain, delivery lead time represents the time from order receipt to product delivery, including activities such as packing and transportation. Innovation and Product Development: Reduced lead times can facilitate faster innovation and time-to-market for new products.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 79

Supply Chain Game Changer

MARCH 26, 2019

For a considerable portion of my career I have worked in the Manufacturing and Logistics/Distribution Industries. The Commodity Manager would be responsible for the entire strategy for buying their respective Commodity. Commodity Managers would be buying the products and materials selected by Customers or Product Development teams.

Category management 62

Category management Management Strategic sourcing Strategic sourcing 62

Supply Chain Collaborator

OCTOBER 9, 2015

Making matters worse, solutions for enterprise-level businesses (like supply chain logistics IT solutions) are complex applications covering a broad array of business processes and functions. He agrees with the assessments of other members of the team. Her thoughts on the superior demo include: Learn and match prospective buyers’ terminology.

supply chain software solutions 60

supply chain software solutions Logistics Product development Buyers 60

The Network Effect

FEBRUARY 5, 2016

Business and operations strategy—the formulation of strategies that drive investment, operations, and competitive positioning—is where all value begins. Most CPG companies develop strategies for target markets and products 3 and 4. The alignment of business and operations strategies is often weak or non-existent.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Networking Supply chain 40

The Network Effect

FEBRUARY 5, 2016

Business and operations strategy—the formulation of strategies that drive investment, operations, and competitive positioning—is where all value begins. Most CPG companies develop strategies for target markets and products 3 and 4. The alignment of business and operations strategies is often weak or non-existent.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Networking Supply chain 40

Supply Chain Opz

JUNE 1, 2014

Good S&OP software can be the ideal solution that brings marketing, production, logistics and finance department together and create a realistic demand and supply plan. 6) Batch size is huge : it goes without saying that a big production batch drives cost down a lot due to lower machine set-up and higher yield.

supply chain software solutions 105

supply chain software solutions supply chain budgeting Supply chain Distribution channels 105

Supply Chain Opz

JUNE 1, 2014

Boeing and Airbus Supply Chain Strategy Boeing wants to encourage more flight frequency and direct route using a smaller capacity aircraft. Then they decide to outsource many things such as the design, testing and production of key components to key industrial partners and try to reduce number of components that go to assembly. . -

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Supply Chain Opz

JUNE 1, 2014

Good S&OP software can be the ideal solution that brings marketing, production, logistics and finance department together and create a realistic demand and supply plan. 6) Batch size is huge : it goes without saying that a big production batch drives cost down a lot due to lower machine set-up and higher yield.

supply chain software solutions 91

supply chain software solutions supply chain budgeting Supply chain Distribution channels 91

Supply Chain Game Changer

NOVEMBER 19, 2018

No Supply Chain Strategy. If your Supply Chain operation is managed very tactically without a long term vision then you have no strategy. And without a strategy you will not be able to articulate what you want to implement, to what purpose and for what benefit. Return on Investment (ROI/ROIC). All Rights Reserved.

Agile and Lean Supply Chain 44

Agile and Lean Supply Chain Supply chain Supply Strategy 44

Supply Chain Game Changer

JUNE 8, 2021

The more they can do to broaden their skillsets, whether in various supply chain functions or even on the dark side of product development, marketing, or other key business areas, the more valuable they will be to potential employers. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side?

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 97

Supply Chain Game Changer

NOVEMBER 10, 2018

Here’s one real-life example: a retailer and a manufacturer were able to reduce overall logistics costs between factory and store by cutting out the manufacturer’s distribution centers and treating the retailer’s distribution network as one integrated supply chain, from manufacturing plant to store shelf.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Procurement Heads

JUNE 20, 2023

I really do view myself as a supply chain professional, having worked in roles as wide-ranging as transportation and logistics, import/export, material planning, procurement, leading supply and demand teams, and material distribution across nine different industries in both services and manufacturing businesses over the course of my career.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply chain Collaboration Procurement 244

Supply Chain Game Changer

APRIL 27, 2021

Inventory Management requires strategy, leadership, planning, system and business process optimization, strategic supplier relationships, logistics leadership, and a comprehensive channel management strategy. And inventory management is not just about getting new products to customers. And it is more than counting parts.

Inventory 86

Inventory Management Raw materials Supply Chain Optimization 86

Supply Chain Game Changer

NOVEMBER 20, 2018

Increasingly, crowdfunding is used not only by startups, but also by established companies to fund the launch of a new product. Projects that fund product development usually offer the finished product as an incentive to backers. What is your Strategy? . Most crowdfunded projects offer backers some kind of reward.

Logistics 43

Logistics Product development Order Fulfillment Supply chain 43

Supply Chain Opz

JANUARY 7, 2013

Supply Chain Planning at Apple Inc is the classic example of New Product Development Process (NPD). From the above graphic, Apple Inc accelerates the new product introduction by acquiring the licensing and 3rd party businesses. . Company depends on logistical services provided by outsourcing partners. A Case Study.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 111

Procurement Software

FEBRUARY 20, 2024

It’s built by an experienced team of sourcing professionals and consultants who have spent decades developing cost optimisation strategies for world-renowned brands. The tool can continually generate and revise strategies across categories. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

IBM Supply Chain Blog

APRIL 4, 2024

Here are some BPM examples that outline the use cases and benefits of BPM methodology: Business strategy BPM serves as a strategic tool for aligning business processes with organizational goals and objectives. This accelerates time-to-market and reduces development costs.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Claritum

NOVEMBER 28, 2016

In Deloitte’s Global CPO Survey 2016 the top 4 priorities for CPO’s were found to be cost reduction, new product development, increasing cash flow and organic expansion. New Product Development. source: (p3) Accenture Strategy , The Digital Supply Network (2014). does not have clear digital strategy. %.

Procurement 50

Procurement Eprocurement Sourcing Networking 50

Supply Chain Game Changer

NOVEMBER 22, 2018

Drawing a parallel to Steve Jobs, Hoium argues that Musk needs an operations genius who can match his vision for the future and product development excellence with Supply Chain execution. What is your Supply Line Strategy? . Blog post and permission to publish provided by [link]. Check out Part Shortages?

Supply Chain Efficiency 69

Supply Chain Efficiency Supply chain Supply Suppliers 69