Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Customer Lead Time (Service). Inventory Turnover (Cash).

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels.

Supply Chain Efficiency 76

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 76

Procurement Tactics

JUNE 6, 2023

The Importance of Forecasting Your Inventory Imagine you are the owner of a bustling retail store, offering a wide range of products that customers love. Your goal is to keep your shelves stocked with the right amount of inventory at all times. Trend Forecasting Trends represent changes in product demand over time.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

IBM Supply Chain Blog

MARCH 16, 2023

For example, certified organic cotton apparel outputs far exceed supplies of raw material, suggesting that most clothes labelled as such are in fact, just regular cotton. These incentives will require traceability and visibility to understand whether they are being faithfully executed.

Supply Chain Efficiency 57

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 57

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 9, 2021

Is Just In Time Past Its Time? Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions. And standard operating practice in the automotive industry is just-in-time delivery dynamics.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. And many consumers and advocacy groups are sensitive to the environmental impact of products or raw materials that may be harvested using forced labor.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Una

APRIL 11, 2023

All the company’s departments and divisions link to the ERP and can track a myriad of business resources including spending, purchasing, raw materials, production capacity, and inventory. Better decision-making: ERP systems can provide real-time data and analytics, enabling managers to make better-informed decisions.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

Procurement Software

MARCH 11, 2022

Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Arkestro

MAY 23, 2022

Last November, the lineup of container ships anchored off the coast of California hit 109, an all-time high. In 2021, lumber smashed all-time record prices, and home improvement stores were often sold out. The same holds true for shortages in raw materials. was short 80,000 truck drivers.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply chain Real-time Visibility Supply 52

Supply Chain Game Changer

MAY 5, 2020

The pandemic has made this a very real concern for everyone. What are some cash management tips to help businesses manage their cash flow at this critical time? If you don’t have cash coming into the company, while at the same time cash is leaving your company, most companies will run of out of cash really fast.

Management 85

Management Real-time Visibility Raw materials Inventory 85

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. For your supply chain map to have any real benefit, you must go beyond your direct suppliers.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. For your supply chain map to have any real benefit, you must go beyond your direct suppliers.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. Getting Started with Environmental, Social and Governance Practices ESG leadership begins with the top but it can’t stay there if you want to make a real impact. Cristian Maradiaga. King Ocean. Book a Live Demo. That’s where procurement’s role becomes so crucial.

Sustainability 52

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

Empowering CPO

JUNE 30, 2023

This function is no longer limited to transactional activities such as purchasing; instead, it has evolved into a strategic role that directly influences a company’s bottom line and competitive standing. It can result in stock-outs or overstock, poor quality control, and longer lead times. Let’s break it down.

Supply Chain Optimization 52

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

Arkestro

AUGUST 15, 2022

Executing an ESG strategy effectively can help your company combat the ever-rising operating expenses including raw material costs. For instance, it is not unusual for primary suppliers to apportion large orders to subcontractors or purchasing agents. Lower Costs. They can also manifest across the supply chain.

Strategy 52

Strategy Real-time Visibility Supply Chain Efficiency Suppliers 52

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. Here it is – take some time to look at it and how it flows, then read on. To do this you need a plan.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

Empowering CPO

JUNE 21, 2023

It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights. Companies relied heavily on physical documentation, such as invoices and purchase orders, to gather data. However, I was unable to complete the research on specific case studies within the given time.

Real-time Visibility 52

Real-time Visibility Data Procurement Strategic sourcing 52

Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. Always have another supplier for any mission-critical raw materials in case there are issues of any kind with your primary suppliers. Other times, it could be because of bad decisions or poor judgment.

Risk 52

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

SCMDOJO

APRIL 24, 2024

Whether it will be worth it, only time will tell. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. It means enabling customers to shop online and pick up in-store or to return online purchases at physical locations.

Supply Chain Efficiency 58

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 58

Claritum

JULY 5, 2018

Whether you are focused on controlled growth or cost efficiencies, the ability to measure what is occurring in real time is essential to making decisions. The supply chain may contain components of raw materials, manufacturers, wholesalers, distributors, resellers, agents, logistics, retailers and many other entities.

Real-time Visibility 36

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

Supply Chain Game Changer

JULY 3, 2019

But, as stakeholders in the future of tomorrow, we also have to be conscious about the necessary steps to realize sustainable impact, for real. So, what are the steps that need to be taken in businesses globally to make real sustainable impact? Businesses must serve as the champions of sustainability. Source: Purina.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Slimstock

AUGUST 27, 2019

Retailers face a real conundrum. On one hand, everything from the costs of raw materials to commercial retail space is always getting more expensive. For anyone looking to minimize operating costs while maintaining margins, inventory allocation is one area that simply cannot be overlooked!

Inventory 40

Inventory Supply Chain Optimization Real-time Visibility supply chain software solutions 40

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. It can be due to factors such as rising wages, higher raw material prices, or increased taxes. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurify

JULY 4, 2022

Purchasing and procurement problems can be costly. Unregulated purchasing activities cost businesses 10-30 percent of targeted savings. These numbers are the stuff of nightmares so most businesses try to avoid these purchasing problems. . In this guide, we’ll walk you through ten purchasing issues and how you can solve them. .

Real-time Visibility 59

Real-time Visibility Procurement Budget Purchasing 59

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. These modules can be purchased separately or as one complete suite.

Real-time Visibility 52

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

Procurement Tactics

JUNE 26, 2023

Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell. These tips will likely change over time so constant research and informed decisions will play a big part. He has helped me immensely every time I spoke with him. Here are the top 3 tips: 1.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Finale Inventory

MARCH 28, 2024

The Baker Retailing Center at the Wharton School of Business found that sustainability is more important than brand names as a purchase factor, and 68% of consumers overall would pay a premium for sustainable goods. Placing larger orders than necessary from suppliers requires more raw materials and packaging and uses more fuel for shipments.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Inventory Sustainability 52

SCMDOJO

NOVEMBER 24, 2023

A warehouse management system is a software solution that provides transparency and visibility to the entire warehouse operations. WMS is efficient enough to manage Inventories, order fulfillment, and inbound-outbound deliveries of any single warehouse or multi-location warehouse cluster.

Supply Chain Efficiency 66

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 66

Supply Chain Game Changer

JULY 14, 2020

The very real problem of healthcare Personal Protective Equipment (PPE) and ventilator shortages has highlighted problems with National Strategic Stockpiles. The visibility to and the impacts of this disruption is also unprecedented. This made real the fact that there would not be sufficient Personal Protective Equipment (PPE) (eg.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Real-time Visibility 93

Pipefy

AUGUST 1, 2023

This operations overview, or process visibility , can reveal common areas of waste and bottlenecks that cost companies millions in time and revenue each year. Flexibility You’ve heard it countless times: change is inevitable. Speed Productivity and turnaround times are major indicators of business success.

Strategy 52

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

Empowering CPO

JUNE 25, 2023

Whether it’s raw materials for manufacturing, software for operations, or services for customer support, procurement is the bridge that connects businesses to the resources they need to function and grow. They were time-consuming, error-prone, and lacked the sophistication to handle large volumes of data or complex analyses.

Procurement 52

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

Empowering CPO

JUNE 14, 2023

Over time, as trust in outsourcing partners grew and the benefits became clearer, companies began to outsource direct procurement activities as well, including raw materials and components essential to their end products.

Procurement 52

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

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. It can also provide real-time data and analytics. These in turn can be used to inform better purchasing decisions and improve operational efficiencies. In its simplest form, this can be split into two segments.

Supply Chain Efficiency 52

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

Supply Chain Game Changer

NOVEMBER 23, 2018

Time and technology have shifted expectations, and formed a consensus: What was once a luxury has become an imperative. Parallel with a lot of circulating business jargon, ‘supply chain transparency’ has become a buzzword with a certain sex appeal, to the sustainability crusaders of our time. Level 3: Physical-Digital Transparency.

Supply Chain Efficiency 47

Supply Chain Efficiency Supply chain Supply Real-time Visibility 47