SCMDOJO

APRIL 29, 2024

A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices. Transportation and Logistics: Managing transportation logistics, especially in global supply chains, can be complex and costly.

Supply chain management 83

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 83

Supply Chain Game Changer

SEPTEMBER 7, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! I also started hearing anecdotally that used car prices were going through the roof. In some cases used vehicles were apparently being sold for more than the price of the equivalent new vehicle.

Supply Chain Optimization 80

Supply Chain Optimization Supply chain Real-time Visibility e2e 80

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Many business leaders are looking to their supply teams to increase supply reliability and reduce supply costs. Moreover, “Pricing” management remains critical. Price Risk: The possibility that prices for goods or services could be adjusted to your organization’s disadvantage.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

Procurement Tactics

JUNE 5, 2023

ChatGPT & AI in Procurement Course Unleash the power of ChatGPT & AI within procurement The Benefits of The Global Supply Chain Here are some of the benefits of using a global supply chain: 1. Complexity Global supply chains are complex, involving numerous participants, resulting in increased costs and delays.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

SCMDOJO

AUGUST 16, 2023

The CPFR program has been instrumental in enhancing overall supply chain visibility and efficiency, allowing Walmart to respond promptly to fluctuations in demand and supply, reducing stockouts, and optimizing inventory levels. Suppliers may resist pressure to reduce prices further to maintain their margins.

Supply Chain Efficiency 75

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

ivalua

JULY 22, 2015

In today’s business environment, however, there are fewer opportunities to drive cost improvements using traditional strategies such as supplier consolidation or strong-arming your way to supplier price concessions. alternatives. This means becoming proficient in the practice of collaboration.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

Una

APRIL 23, 2024

Why Do We Need Supply Chain Visibility? It can analyze factors including supplier performance, quality, pricing, delivery reliability, and even financial stability, to help you make informed decisions.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

FourKites

DECEMBER 23, 2020

To effectively manage all the moving parts – and to drive continuous improvement – supply chain leaders must optimize their staff resources at every stage of the journey. Real-time supply chain visibility can significantly reduce wasted time across your operations. 3: Control Your Transportation Spend.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility supply chain budgeting Supply Chain Optimization 52

Let's Talk Supply Chain

FEBRUARY 19, 2024

15.14] An overview of SDI’s Zeus technology, how it tackles some of the industry’s key challenges to give organizations power over their supply chains, and what makes it so different from other technologies. 18.37] Why SDI created the ZEUS Supply Chain Analytics Guidebook. Check out our other podcasts HERE.

supply chain software solutions 52

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

Supply Chain Game Changer

JULY 2, 2021

As detailed in a New York Times analysis of the crisis, these shortages are raising prices for many common household goods, contributing to inflation. In short, a year into the pandemic, many supply chains are in a knot. It’s yet another example of how vital supply chain management is to today’s global economy.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency e2e Supply chain 105

EazyStock

JANUARY 6, 2023

Increased supply chain visibility Supply chain visibility, such as being able to track items from leaving your supplier to arriving in your warehouse and being delivered to the customer, facilitates a smooth supply chain. You can read more about demand forecasting techniques in our article.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

Increased supply chain visibility. Supply chain visibility, such as being able to track items from leaving your supplier to arriving in your warehouse and being delivered to the customer, facilitates a smooth supply chain. You can read more about demand forecasting techniques in our article.

supply chain software solutions 52

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

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier. What is artificial intelligence?

Supply chain management 52

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

SCMDOJO

JULY 7, 2023

Supply Chain Visibility: Establish robust supply chain visibility to proactively identify potential bottlenecks and mitigate disruptions. Collaboration and Integration: Foster collaboration and integration among product design, engineering, and manufacturing teams.

Supply Chain Efficiency 100

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 100

Claritum

MAY 11, 2018

Do you have visibility of a global supply chain? If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. Supply chain visibility is poor. %.

Global sourcing 32

Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

Supply Chain Game Changer

AUGUST 3, 2021

Inventory levels and Accounts Payable can be huge consumers of cash unless your Supply Chain is efficient. No other function has its fingers on the pulse of the operations of a company like Supply Chain.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Procurement Leaders

JUNE 13, 2022

Supply chain resiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. Supply market constraints – including price rises, haulage issues and capacity shortages.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

FourKites

DECEMBER 11, 2020

Opportunity costs are all of the intangible prices or sacrifices associated with doing business or keeping inventory. Real-time visibility is a key component of any sophisticated inventory management process. Opportunity Costs. Divide your inventory holding sum by the total value of inventory (what you paid for it).

Inventory 52

Inventory Real-time Visibility supply chain budgeting Agile and Lean Supply Chain 52

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links. Getting to know your suppliers should not just be limited to the products and services they provide or even their pricing. How can you build better supplier relationships in 2022?

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Supply Chain Brain

MAY 17, 2018

The swankier brands have been torquing top prices quite a bit as well. At the moment, 15 Challengers are on offer, from the $27,200 base model to a mind-blowing $85,500 “SRT Demon,” a Mad Max fever dream at Porsche prices. Now Detroit wants a taste, too. Consider the Dodge Challenger, known in some circles as the poor man’s Ferrari.

Price 40

Price Supply Chain Visibility Supply Chain Optimization Supply chain management 40

SupplyShift

APRIL 13, 2021

According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one. Fortunately, when companies prioritize supply chain visibility, the benefits extend far beyond sustainability itself.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

APRIL 13, 2021

According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one. Fortunately, when companies prioritize supply chain visibility, the benefits extend far beyond sustainability itself.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

Supply Chain Game Changer

NOVEMBER 19, 2018

In areas such as E-Commerce the Supply Chain is instrumental in arranging delivery strategies such as Same-Day delivery and Drop Shipping, along with reducing freight costs to support Free Shipping services. End to End Supply Chain Visibility and the Internet of Things (IoT). How important is Supply Chain now?

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

ivalua

OCTOBER 18, 2022

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

Supply Chain Brain

JANUARY 31, 2018

The blockchain allows them to set their own price — and to do so without a price-setting, commission-taking intermediary. Instead of a service such as Apple Music or Spotify taking a cut, a blockchain system called Voise is enabling artists to set a price of which they receive 100 percent when a user streams their music.

Supply Chain Efficiency 40

Supply Chain Efficiency Price Data Management 40

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The bottom line is your bottom line.

Real-time Visibility 85

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 85

Supply Chain Game Changer

NOVEMBER 26, 2018

Supply chain visibility is also incredibly important these days. If you are managing, or hope to manage, a reasonably effective supply chain you need to know when goods are coming in to your company, moving through your company, and leaving your company. End-To-End Supply Chain Visibility.

Strategy 68

Strategy Management Real-time Visibility e2e 68

Supply Chain Brain

JUNE 15, 2018

Imagine systems that can sift through huge volumes of information to formulate “smart” recommendations as to routes, scheduling and pricing. is seeping into virtually every industry, and logistics isn’t immune. Their capabilities would far exceed those of the human brain. But will carriers be able to take advantage of the output?

Logistics 40

Logistics Price Management Supply Chain Visibility 40

Supply Chain Opz

JULY 7, 2014

3) Contract Manufacturing Walmart is best known for EDLP (Everyday Lowest Price) strategy. Their unique selling points are products with good design at lower prices. From practitioner''s perspective , global supply chain means something ranging from security issues , supply chain visibility or sustainability.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

World of Procurement blog

APRIL 23, 2024

Technology Integration: Utilizing modern technology like Building Information Modeling (BIM) for better supply chain visibility and coordination. Construction Contracts Contracts are the backbone of procurement in construction, defining the scope of work, pricing, timelines, and responsibilities.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Technology Integration: Utilizing modern technology like Building Information Modeling (BIM) for better supply chain visibility and coordination. Construction Contracts Contracts are the backbone of procurement in construction, defining the scope of work, pricing, timelines, and responsibilities.

Supply Chain Efficiency 52

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

Supply Chain Opz

NOVEMBER 9, 2014

Ultimately, effective SRM can increase supply chain visibility, improve quality and supply consistency, drive down costs, improve customer service, create a higher mix of strategic versus active suppliers, and make an organization more competitive.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Brain

JULY 9, 2018

Certain areas of the company that are deemed especially sensitive, including personnel, pricing and product research and development, would continue to supported by on-premise servers.

supply chain software solutions 40

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply chain 40

Claritum

JULY 5, 2018

Different business units buy the same product from different suppliers at different prices. True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. I know there’s a problem, but don’t have time to sort it out. We hold stocks of obsolete product.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

Procurement Tactics

MAY 16, 2023

By streamlining the supply chain and logistics processes, 4PL providers not only enhance supply chain visibility but also reduce labor costs by allowing employees to concentrate on strategic activities instead of doing mundane tasks.

Logistics 211

Logistics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 211

Supply Chain Game Changer

NOVEMBER 16, 2022

It allows the company to get insights into the activities at every level of the supply chain, as well as on the suppliers’ side, including: Details of manufacturing each day at the suppliers’ end Reports of QC inspections Preventative and corrective measures Supplier audits In-transit details.

Supply Chain Efficiency 19

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

World of Procurement blog

MAY 8, 2024

Accurate demand forecasts enable effective supply chain planning. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms. Flexible sourcing options, insurance, and contingency protocols help mitigate supply chain disruptions.

Agile and Lean Supply Chain 40

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