Procurement Tactics

OCTOBER 5, 2022

KPIs in Supply Chain — Everything You Should Know. KPIs in the supply chain are important as the supply chain is the backbone of any modern business. In this article, we will discuss what KPIs are and their importance in the supply chain. Supply Chain KPIs Explained.

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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.

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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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SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 75

SCMDOJO

DECEMBER 18, 2023

In the world of manufacturing and maintenance, effective spare parts management is essential for maximizing equipment uptime and reducing costs. In this detailed guide, you’ll delve into the most effective ways to manage spare parts. In this detailed guide, you’ll delve into the most effective ways to manage spare parts.

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Let's Talk Supply Chain

FEBRUARY 8, 2023

The past few years have been challenging as far as supply chain goes, and it doesn’t look like things will improve any time soon. All three used to suffer from inefficient supply chains, which resulted from bad supplier relations. That’s precisely what these three companies used to suffer from.

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SCMDOJO

APRIL 22, 2024

But what steps can you take to a more resilient supply chain during disruptions? If you’re ready to learn more about creating stronger supply chains, read below. As more industries face ransomware attacks, it’s a good idea for any supply chain company to hire cyber experts to prevent disruptions.

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Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 78

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

The globalized world relies on efficient and well-coordinated supply chains. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. It ensures the smooth and efficient flow of physical goods from one point in the supply chain to another.

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

SCMDOJO

SEPTEMBER 26, 2023

If you are running a business or fulfilling an executive position, part of this responsibility rests on your shoulders. You inherit a lot of the risk when you are a key decision-maker, so your best bet is to figure out the most efficient use of resources. Here are a few strategies to make your company more efficient as a whole.

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Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Logistics plays a critical role in a company’s supply chain. Subscribe Here! Email Address.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

Procurement Tactics

JUNE 8, 2023

Warehouse automation involves using technology and software to make warehouse operations more efficient and reduce the need for manual labor. The robot’s movement is tracked and recorded by the software, ensuring accurate inventory management and reducing errors. So, without further ado, let us now start!

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supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

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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IBM Supply Chain Blog

JUNE 30, 2023

The good news is that sustainability and profitability go hand-in-hand, especially in the retail supply chain. Promises Ultimately, every consumer wants to know that their chosen retailer is going to meet order promises. 3 Tips for delivering on promise and purpose in the retail supply chain 1.

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SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision.

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

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.

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

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. Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Purchasing is more transactional and tactical.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

MARCH 30, 2023

In the wake of the pandemic and global supply chain issues, businesses have realized the importance of technology innovation to deliver truly superior retail customer experiences. But without real-time reliable views of inventory, shipments and automated order orchestration processes, retailers are unable to deliver on order promises.

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Supply Chain Efficiency Management Agile and Lean Supply Chain Real-time Visibility 83

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

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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.

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

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. What is a Job Order?

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supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Supply Chain Game Changer

OCTOBER 29, 2020

Subscribe to Supply Chain Game Changer. Freight sourcing and procurement is a critical component of the whole supply chain and is crucial to the success of the business. In order to achieve maximum efficiency in freight sourcing and procurement, you need a strong team to handle the requirements.

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Supply Chain Game Changer

MARCH 23, 2021

Subscribe to Supply Chain Game Changer. Is Your Supply Chain A Cost Centre or a Value Creator? Supply Chain responsibilities are vast in any organization. This can be analogous to the work done in Supply Chain. So let’s explore the Supply Chain Workload iceberg!

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Supply Chain Efficiency Supply chain Real-time Visibility Supply 64

SCMDOJO

DECEMBER 14, 2023

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.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 76

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

SCMDOJO

JUNE 14, 2023

In today’s competitive market, the successful operation of a business hinges on the smooth integration of various processes and information management systems, especially when it comes to 3PL integration. As a result, orchestration simplifies data management, making it easier for businesses to work more effectively.

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Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 78

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

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Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 102

TYA Suite

DECEMBER 16, 2022

The concept of inventory management mainly represents the procedure of storing, using, ordering and selling a business's inventory. It includes the management of components, raw materials, finished products and warehouse processing products. The prime feature of the DSI procedure is to indicate liquid inventory management.

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Supply Chain Game Changer

JUNE 3, 2021

Subscribe to Supply Chain Game Changer. Do you have a Freight Management Strategy or are you Spinning your Wheels? The goal of supply chains is to add value to the manufacturing and distribution processes. Today, they must also arrive swiftly, effectively, and in perfect condition, or you risk losing customers.

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SCMDOJO

AUGUST 4, 2023

From improving cash flow and reducing carrying costs to increasing product turnover and minimizing the risk of obsolescence, there are plenty of advantages to be gained. The improvement in inventory management plays a crucial role in the firm’s long-term profit growth. Cost of goods sold (COGS) 60.0 60.0 Other 8.0 8.0

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Supply Chain Game Changer

DECEMBER 19, 2019

Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Article written for Supply Chain Game Changer by Ralf Llanasas at heroicsearch.com. Supply chain managers are often at the forefront of these developments. Subscribe Here! Email Address.

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Supply Chain Game Changer

NOVEMBER 11, 2020

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Warehouse Order Fulfillment Articles! Peak season fulfillment is a topic that strikes both fear and hope into the minds of supply chain leaders. It can boost profitability and provide a jolt of efficiency. Email Address.

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Strategy Agile and Lean Supply Chain Supply Chain Optimization Real-time Visibility 84

SCMDOJO

DECEMBER 29, 2022

Warehouse automation is an increasingly popular way to maximize efficiency and accuracy in warehouse operations. It can streamline processes, reduce errors and costs, help manage inventory, and improve safety conditions for workers. When it comes to running a warehouse efficiently, there are various kinds of issues that might pop up.

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Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Warehouse operations 72

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 Game Changer

OCTOBER 30, 2019

Subscribe to Supply Chain Game Changer. Featuring Our 10 Best Inventory Management Articles! Today’s warehouse managers need better inventory management strategies. This is nothing new, but as the world has evolved, the ability to improve inventory management has evolved in stride. Subscribe Here!

Inventory 41

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EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. Managing inventory is a complex business. 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.

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Claritum

JANUARY 25, 2019

However, Supply Chain Management technology is beginning to catch on with SMEs, largely because of the significant cost control benefits and the increasing emphasis on control of supply chains and the internationalisation of these supply chains. Supply chain integration ensuring smooth operations.

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SCMDOJO

NOVEMBER 24, 2023

Unfortunately, accidents can happen, posing serious risks to workers and operations. By identifying these risks and implementing preventive measures, you can significantly reduce the likelihood of accidents occurring. In a bustling warehouse, safety should always be a top priority.

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