Procurement Tactics

JANUARY 23, 2023

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient.

Real-time Visibility

Procurement Tactics

JUNE 22, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. While these two may seem similar, they serve different purposes and are used at various stages of the procurement process.

Purchase orders

Procurement Tactics

JUNE 8, 2023

The robot’s movement is tracked and recorded by the software, ensuring accurate inventory management and reducing errors. These systems are used in various order fulfillment processes, including receiving, picking, packing, and shipping. It can also refer to using software to replace manual tasks.

supply chain software solutions

Procurement Tactics

JULY 2, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. A job order typically refers to a document or a request setting out the particular details and requirements for a specific work or task.

supply chain budgeting

Procurement Tactics

MAY 8, 2023

Negotiation Course for Procurement Professionals Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Supply Chain Efficiency

Procurement Tactics

JULY 23, 2023

Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. CERTIFICATE COURSES 1.

Logistics

Procurement Tactics

OCTOBER 5, 2022

Perfect order rate. The perfect order rate is a metric that gives you insight into several areas of your order fulfillment process. The perfect order rate can help the company track its storage and delivery operations, control costs, and evaluate customer satisfaction. Supply Chain KPIs You Need to Measure.

Supply Chain Efficiency

Finale Inventory

AUGUST 20, 2024

If you operate an ecommerce business, you know how vital it is to manage your inventory effectively. Fortunately, there is a no-cost inventory management system that can streamline this process: Finale Inventory. Essentially, inventory management involves overseeing and controlling the flow of goods from receipt to sale.

Inventory

Finale Inventory

SEPTEMBER 17, 2024

In the fast-paced ecommerce environment, effective inventory management is essential for business success. Artificial intelligence (AI) technology provides a solution by enhancing inventory management processes, improving accuracy, and boosting profitability. AI technology addresses these challenges effectively.

Inventory

Finale Inventory

JULY 24, 2024

In the fast-paced realm of ecommerce, efficient inventory management is vital for running a successful online business. This article outlines top inventory management techniques that ecommerce businesses can use to enhance efficiency and organization. Inventory management is fundamental to any thriving ecommerce operation.

Inventory

Finale Inventory

JULY 24, 2024

Inventory management is a key aspect of any business, and with the growing popularity of ecommerce, ensuring accuracy and efficiency is increasingly important. Two commonly used methods for inventory management are RFID and barcodes. While both serve the same purpose, each comes with its own set of advantages and considerations.

Inventory

Finale Inventory

AUGUST 9, 2024

By precisely monitoring and managing inventory and assets, companies can optimize their processes, enhance customer satisfaction, and boost profitability. Asset tracking is the systematic management of physical assets, such as inventory, equipment, and supplies, throughout their lifecycle.

Inventory

NLPA (Next Level Purchasing Association)

SEPTEMBER 30, 2024

Warehousing automation refers to the use of technology to manage warehouse operations with minimal human intervention. This includes robotics, automated storage and retrieval systems (ASRS), warehouse management systems (WMS), and autonomous mobile robots (AMRs). How can it help streamline operations and future-proof your business?

Purchasing

Supply Chain Opz

MAY 1, 2018

In the United States, the median wages for a Logistics Manager is around $90,000 annually. So, the career in logistics management can be very lucrative if you have a career plan and keep on developing yourself. Customer service and order fulfillment is the building block of modern logistics management.

Logistics

Finale Inventory

AUGUST 4, 2024

In the competitive landscape of ecommerce, effective inventory management is key to success. One important aspect of inventory management is tracking raw materials. This article covers the significance of tracking raw materials in ecommerce and outlines strategies to address challenges and enhance your business.

Raw materials

Finale Inventory

JUNE 26, 2024

In this article, we will explore the basics of ABC analysis, its importance, and its role in inventory management. In the context of inventory management, this means that a relatively small number of items (the vital few) contribute to a significant portion of sales revenue.

Inventory

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies.

Strategic sourcing

Finale Inventory

JULY 18, 2024

By categorizing inventory items based on their value, demand, or other key factors, businesses can make informed decisions regarding purchasing, stocking, and managing their inventory. This enables businesses to prioritize their inventory management efforts and allocate resources more efficiently.

Inventory

Finale Inventory

JULY 22, 2024

ASN acts as a key component in the supply chain management process, serving as a precursor to the physical arrival of goods. This proactive approach assists in streamlining the receiving process, reducing lead times, and minimizing disruptions in inventory management.

Supply Chain Efficiency

Finale Inventory

AUGUST 30, 2024

The Role of Digital Transformation in Construction: Digital transformation enables better collaboration, data-driven decision-making, and improved project management. This shift has led to increased efficiency, cost savings, and better supply chain management. The impact of online procurement goes beyond procurement and cost savings.

supply chain software solutions

Supply Chain Game Changer

AUGUST 23, 2022

Creating a Culture Focused on Money Management. So managing the time of the cash cycle is a mandatory business process. Many people may have the view that Finance is solely, or predominantly, responsible for cash management. Many people may have the view that Finance is solely, or predominantly, responsible for cash management.

Supply chain

Finale Inventory

SEPTEMBER 17, 2024

In the ecommerce business, managing inventory costs effectively is crucial for maintaining profitability and healthy cash flow. While many established sellers are beyond the initial stage of funding upfront inventory costs, optimizing how inventory costs are managed remains essential.

Inventory

Supply Chain Game Changer

JUNE 30, 2020

Featuring Our 10 Best Warehouse Order Fulfillment Articles! Featuring Our 10 Best Warehouse Order Fulfillment Articles! A Don’t Touch Supply Chain Strategy Must Now Dominate the Future! A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Order Fulfillment