Supply Chain Brain

SEPTEMBER 14, 2024

This case study will demonstrate how an outsourced raw materials management and finished goods distribution solution can help a manufacturer maintain efficient material flow and reduce costs.

supply chain budgeting 105

supply chain budgeting Supply chain management Supply chain management Raw materials 105

Finale Inventory

JUNE 21, 2024

Raw materials play a crucial role in the field of ecommerce. This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Inventory 52

Procurement Templates

AUGUST 28, 2024

The global supply chain in 2024 faces a myriad of challenges that continue to disrupt procurement processes across industries. In this post, we will explore the major procurement supply chain shocks in 2024, their causes, and the potential responses organizations are adopting to mitigate their impact.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Skill Dynamics

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence.

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

Let's Talk Supply Chain

MARCH 24, 2025

In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. Welcome ‍to the frontline of change in the world of electronics supply chains.

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supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Finale Inventory

JUNE 21, 2024

Raw materials play a crucial role in the field of ecommerce. This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Supply Chain Optimization 52

SCMDOJO

FEBRUARY 26, 2025

Introduction As global supply chains evolve, ensuring cost efficiency is crucial. One way to assess the cost performance of any function within the supply chain is through Cost Performance Index (CPI). What is the Cost Performance Index (CPI)? A CPI of 0.83

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supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

Spend Matters

FEBRUARY 13, 2025

In his assessment, Utz previously excelled in the operational aspects of procurement, such as transacting business, supporting manufacturing operations and maintaining raw material inventory the day-to-day firefighting of procurement. In January 2023, Ron joined Utz to lead procurement through this transformational period.

Influencing 105

Influencing Procurement supply chain budgeting e2e 105

Skill Dynamics

MARCH 14, 2024

As the year draws to a close, organizations face the critical task of effectively utilizing their end-of-year Learning and Development budgets. The allocation of this budget is not a decision to be taken lightly, as it has a direct impact on the company’s growth, productivity, and talent development.

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supply chain budgeting Budget Raw materials Procurement team 96

Jaggaer

APRIL 9, 2025

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

Agile and Lean Supply Chain 52

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

Procurement Tactics

JUNE 19, 2023

AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. The use of AI in logistics is becoming an essential element of supply chain management as the industry becomes more complex as it is.

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Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Email Address.

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

Spend Matters

APRIL 15, 2025

Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management. Supply network modeling, now integrating large language models (LLMs), allows for precise tracking and material tracing.

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Real-time Visibility Procurement e2e Supply Chain Efficiency 73

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

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Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

SCMDOJO

MARCH 15, 2023

If you are in the supply chain industry, you are probably well aware of the constant need to optimize processes and improve communication between stakeholders. And one of the most promising innovations in recent years is ChatGPT for supply chain. If you are not familiar with ChatGPT, don’t worry!

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 126

IBM Supply Chain Blog

NOVEMBER 3, 2022

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

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Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Supply Chain Optimization 107

SCMDOJO

MARCH 24, 2025

A favorable variance indicates that the company is spending less than planned, whereas a positive outcome means the company is spending more than the planned budget. Every business aims to increase its profit margin, and one effective way to achieve this is by cutting costs. per unit, reducing the actual cost to $90,000.

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Price Purchasing supply chain budgeting Raw materials 56

Procurement Insights

DECEMBER 20, 2024

Enables procurement teams to capitalize on supplier cost reductions (e.g., declining raw material prices). Best Fit: Organizations aiming to reduce costs through supplier negotiations , especially those handling volatile or commodity-based procurement. Fast; cost data integrated quickly.

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supply chain budgeting Procurement Raw materials Supplier negotiation 58

TYA Suite

MAY 13, 2025

These are typically routine or recurring purchasessuch as office supplies, raw materials, tools, or maintenance servicesthat support the companys ongoing operations. This step often begins with employees or departments noticing a shortfall, whether its raw materials for production, office supplies, or maintenance equipment.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply chain management Supply chain management supply chain budgeting 98

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?

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Collaboration Innovation Suppliers Supply Chain Efficiency 52

Supply Chain Game Changer

OCTOBER 5, 2022

Subscribe to Supply Chain Game Changer. A sustainable and environment friendly supply chain is a key component for any successful business. It helps companies to manage their resources more efficiently, reduce costs, improve quality and increase productivity. Subscribe Here! Email Address. Green Suppliers.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Sustainability Supply chain 97

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. We will now look more into the benefits of KM in supply chain management.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Supply Chain Game Changer

MAY 24, 2021

Subscribe to Supply Chain Game Changer. Why is Supply Chain Such a Great Career Path? The world of supply chain management is constantly changing, helping companies to become increasingly efficient and profitable across the entire supply chain. GET our EBOOK HERE. Talent development.

supply chain budgeting 98

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 98

Supply Chain Game Changer

OCTOBER 6, 2022

Subscribe to Supply Chain Game Changer. But they’re also important to supply chains. Recycling keeps materials out of landfills, which reduces their size and helps them decompose more quickly. The goal is to reduce the amount of waste that ends up in landfills or in rivers and oceans.

Raw materials 97

Raw materials supply chain budgeting Management Supply Chain Efficiency 97

Skill Dynamics

JULY 17, 2024

By combining data from different teams — marketing, sales, and supply chain for example — businesses can build a much more robust forecasting model, leading to more accurate forecasts. They use forecasting to provide insights for budgeting and resourcing on a monthly, quarterly, and annual basis. Browse our catalog for more.

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supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

Supply Chain Game Changer

SEPTEMBER 5, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust. Subscribe Here! Email Address.

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Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

Supply Chain Game Changer

OCTOBER 1, 2022

Subscribe to Supply Chain Game Changer. The supply chain is an integral part of any business. By understanding the various elements that go into it and how they affect your business, you can make smarter decisions in managing your supply chain. Reduced Costs. Gives The Supply Chain A Boost.

Supply Chain Efficiency 93

Supply Chain Efficiency supply chain budgeting Supply chain Supply 93

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. As such there can be unrelenting pressure to continue to cut costs. Promoting Supply Chain Value.

Agile and Lean Supply Chain 84

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

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Purchase Price Variance — Everything You Should Know Purchase price variance is an important factor for budget preparation, but why? How can an organization reduce price purchase variance?

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Price Purchasing Raw materials Negotiation 130

Jaggaer

APRIL 9, 2025

A manufacturing execution system (MES) is a comprehensive, dynamic software system that monitors, tracks, documents, and controls the process of manufacturing goodsfrom raw materials to finished products. Your budget obviously plays a big role in your considerations too.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

Procurement Templates

JUNE 18, 2023

Cost-push inflation: This happens when the cost of production for goods and services increases. It can be due to factors such as rising wages, higher raw material prices, or increased taxes. As businesses face higher costs, they pass them on to consumers by raising prices.

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Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Arkestro

JANUARY 18, 2023

Chemical manufacturers turn an array of raw materials—gas, minerals, metals, and more—into countless products used in everyday life. Predictive procurement is the key to securing raw materials at the right price and time. Some raw materials are in short supply, and others are dangerous to extract, transport, and store.

Raw materials 94

Raw materials Procurement supply chain budgeting Supply Chain Efficiency 94

Jaggaer

APRIL 9, 2025

This combination ensures that raw materials and components arrive precisely when needed, keeping production schedules on track and costs under control. Enhanced Supply Chain Management – ERP solutions enhance supply chain management by providing real-time tracking of materials, production progress, and distribution.

Real-time Visibility 52

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

TYA Suite

MAY 13, 2025

Is your procurement process draining your budget? This is why procurement cost reduction is not just an option; its a necessity. By reducing procurement costs, businesses can increase profit margins without raising prices or cutting corners. Chances are, thats why you landed here. Lets help you fix it.

Strategy 40

Strategy Import Procurement Raw materials 40

SCMDOJO

JUNE 7, 2023

The supply chain industry has been evolving rapidly since the pandemic outbreak. To stand out from the rest and succeed both in supply chain and operations management, you need to walk the extra mile. Let’s learn how language is an important skill in supply chain and operations management.

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supply chain budgeting Supply Chain Efficiency Supply chain Import 97

Strategic Sourceror

JANUARY 20, 2023

Many suppliers and manufacturers have struggled to adjust their management and logistical structures to keep pace, forcing them to push increased costs down to consumers. As Zurich Insurance noted , manufacturing executives often respond to supply shortages by purchasing excess raw materials to bolster their inventories.

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supply chain budgeting Raw materials Supply chain Supply 62