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.

Supply Chain Efficiency 52

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

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Build buffers into the supply chain.

Supply Chain Optimization 52

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

EazyStock

APRIL 28, 2022

What does supply chain optimization mean? Put simply, supply chain optimization means using technology to get inventory to the right place at the right time – at the lowest cost and highest profit for your business. Supply chain optimization best practice. Build buffers into the supply chain.

Supply Chain Optimization 52

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

Zycus Cognitive Procurement

MAY 31, 2022

Broken supply chains, unavailability of heavy goods vehicle (HGV) drivers and production stoppages had a negative impact. Disruption has indeed become the new normal. It made several manufacturers realize the need to focus on Risk Mitigation strategies to re-imagine their supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Risk Supply chain 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups.

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups. .

supply chain budgeting 52

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain 52

Procurement Templates

JUNE 18, 2023

Here are some strategies and practices that can be implemented: Long-term contracts: Procurement teams can negotiate long-term contracts with suppliers that include price adjustment mechanisms. Supplier diversification: Relying on a single supplier can increase vulnerability to price fluctuations.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Heads

JUNE 20, 2023

I have been a supply chain professional for 37 years, quite precisely! I have been fortunate enough to realise there is far more that is similar to supply chain in all these industries than is different. It is making sure we do everything we can do to support the security within our supply chain.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply chain Collaboration Procurement 244

Procurement Leaders

JUNE 13, 2022

With the company rapidly becoming a leader in smoke-free products, including heated tobacco devices and e-cigarettes, it successfully built a supply base in the highly competitive electronic devices market. This at times made it difficult to deliver the speed, agility and efficiency expected by the wider organisation.

Collaboration 130

Collaboration Strategy Product development Supply Chain Efficiency 130

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. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes. Improved efficiency in production processes and resource utilization.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 75

Supply Chain Game Changer

NOVEMBER 22, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out McDonald’s Supply Chain Challenge: Switching from Frozen to Fresh Burgers! Take ownership for Supply Chain failures rather than blaming suppliers. Great companies need a Supply Chain guru.

Supply Chain Efficiency 69

Supply Chain Efficiency Supply chain Supply Suppliers 69

IBM Supply Chain Blog

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This can lead to can significant improvements in efficiency, accuracy and scalability and enable the organization to operate more effectively.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 13, 2018

When I began my career there was no such thing as “Supply Chain Management” Supply Chain was not a title to be found anywhere on any organization chart. So what exactly is the definition of “Supply Chain Management”? Interestingly there are many views on how to define Supply Chain.

Supply chain management 72

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

ivalua

FEBRUARY 24, 2021

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . In this situation, suppliers may start regarding AP team members as adversaries — and that’s a recipe or disaster.

Suppliers 130

Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

Procurement Software

FEBRUARY 20, 2024

Spendkey is one of few spend analytics platforms which also offer transparent pricing on their website. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface. It boasts a clear, ergonomic and efficient interface, along with readily available support.

Supply Chain Efficiency 59

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

Zycus Cognitive Procurement

JANUARY 31, 2023

As businesses strive to remain competitive in times of economic uncertainty, there is an increased need for effective supplier relationship management. A strong collaboration between the purchaser and suppliers can result in lower costs and better quality products, while driving innovation.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Supply Chain Opz

JANUARY 7, 2013

Is Apple Supply Chain Really the No. Everything about Apple Inc is the talk of the town, for example, the new Ipad, Iphone, Apple Map or even the environmental and labor issues at its suppliers facilities. Surprisingly, IT research firm Gartner ranks Apple Supply Chain as the best supply chain in the world for 4 years in a row.

Supply Chain Efficiency 111

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

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4. Automated alerts help you track supplier performance and analysis.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. This requires expertise across both people and process aspects, and the ability to build strong relationships with suppliers.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

Supply Chain Opz

SEPTEMBER 1, 2013

7 Laws of Successful Supply Chain Alliances. In order to increase the efficiency of the whole supply chain, modern businesses relies on the stronger and closer relationship with their trading partners. 3) Operational Alliance (constant communication about capacity and demand/supply issues). Basic Concept.

Supply Chain Efficiency 49

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 49

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. This requires expertise across both people and process aspects, and the ability to build strong relationships with suppliers.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

Supply Chain Opz

MARCH 14, 2015

In order to increase the efficiency of the whole supply chain, modern businesses relies on the stronger and closer relationship with their trading partners. In this article, the basic supply chain alliances concept together with the critical success factors will be presented.

Supply Chain Efficiency 45

Supply Chain Efficiency Supply chain Supply Quantity 45

Supply Chain Game Changer

JUNE 8, 2021

Subscribe to Supply Chain Game Changer. Here at Supply Chain Game Changer our fundamental mission is to share experiences and expertise for the benefit of all. Supply chain is both deep and broad. I read multiple magazines and supply chain blogs to keep current. Subscribe Here! Email Address.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 97

SCMDOJO

MARCH 19, 2024

Informed Decision-Making: LCI enables informed decisions in product development and material selection, aligning choices with sustainability goals, leading to cost savings and improved brand reputation. These tools provide a streamlined approach to data collection, analysis, and interpretation, making LCI more accessible and efficient.

Inventory 84

Inventory Sustainability Supply Chain Optimization Raw materials 84

Una

JANUARY 8, 2024

They know how to discover niches in the business where they can best add targeted value, and they see supplier relationships as a value-creating goldmine rich with the potential for innovation and competitive advantage. Value-Creation Maestro You invest a bit more in fuel-efficient, low-maintenance vehicles with a longer lifespan.

supply chain budgeting 52

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

Supply Chain Game Changer

NOVEMBER 14, 2018

Check out Supplier Collaboration is a Win-Win Strategy! This is clearly not the case in the world of supplier management. All suppliers are not created equally and they should all be managed with this distinction in mind. There are considerably more suppliers at the base than at the top. Basic Construct. All Aboard!

Supplier relationship management 44

Supplier relationship management Suppliers Management Agile and Lean Supply Chain 44

Spend Matters

OCTOBER 17, 2023

The progression of existing macroeconomic trends, combined with the proliferation of new technologies such as generative AI, have forced software providers to make crucial product development and resource allocation decisions.

Innovation 90

Innovation supply chain software solutions Supply Chain Efficiency Procurement 90

Supply Chain Game Changer

FEBRUARY 11, 2022

Subscribe to Supply Chain Game Changer. 5 Things Startups Must Know Before Launching a Minimum Viable Product (MVP)! Product innovation is at the center of many success stories. Every product that exists now, or that existed before, was once an innovation. The pursuit of efficiency is real. Subscribe Here!

Innovation 90

Innovation supply chain budgeting Supply Chain Efficiency Price 90

Una

FEBRUARY 20, 2023

Traditional means of creating value include things like managing contracts with preferred suppliers , controlling maverick spend, and minimizing warehouse costs. Negotiate better contract terms with suppliers One of the most impactful ways to drive immediate savings is to renegotiate pricing and other contractual terms with suppliers.

Procurement strategies 98

Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Empowering CPO

JUNE 14, 2023

It’s a key function within any business, big or small, affecting every aspect of operations, from production, to delivery, to customer satisfaction. It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 30, 2023

These services can range from strategic sourcing and supplier management to purchase order management and invoicing. In an era where efficiency, cost-effectiveness, and strategic value are paramount, managed procurement services play a vital role. The importance of these services cannot be overstated in the modern business environment.

Management 40

Management Procurement Supply Chain Efficiency Strategic sourcing 40

Barkers Procurement

FEBRUARY 25, 2024

If the supply partner in question has attracted a wealth of spend, or operates in a sector with few alternatives or high barriers to entry, the Procurement function must ensure that they survive, too. As a result, cost transformation values the involvement and development of supplier relationships, to collaboratively drive down costs.

Procurement 52

Procurement supply chain software solutions Contract Agile and Lean Supply Chain 52

ivalua

MARCH 16, 2020

As an international technology group with about 10,000 employees, Körber offers products, solutions and services that inspire. The close cooperation between supply chain management and internal stakeholders as well as external partners made a major contribution to this.

Agile and Lean Supply Chain 49

Agile and Lean Supply Chain Procurement Supply Chain Efficiency Chief Procurement Officer 49

Zycus Cognitive Procurement

APRIL 4, 2022

Companies rely on complex, multi-faceted, interconnected networks that make up their supply chain. years, there will be an event that causes a supply chain disruption for at least a month. Improve processes and efficiency. CPOs have the potential to improve processes and efficiency across the company.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Risk Supply chain 52

IBM Supply Chain Blog

DECEMBER 20, 2023

Broad cost leadership strategy example: Walmart When Sam Walton, the founder of Walmart, started his retail career in the 1940s, he had a simple idea: To find less expensive suppliers than those who served his competition and pass those savings on to the customers in his variety stores.

Business strategy 75

Business strategy Strategy Leadership Ethics 75

SPLC (Sustainable Purchasing Leadership Council)

AUGUST 24, 2017

I’ve been with FCA (formerly Chrysler) for over 30 years, much of it in various elements of supply chain management. We championed the creation of an online Supplier Sustainability Self-Assessment tool for suppliers to learn about sustainable business practices and then assess their current state.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Buyers Purchasing 52