SCMDOJO

NOVEMBER 17, 2023

In this blog, explore vital tips paving the way for a prosperous career in supply chain management. Regardless of how you find your way, a supply chain career offers unique advantages. It’s a fast-paced, evolving industry that has a lot of challenges, but also plenty of rewards, including a potentially lucrative income.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70

Arkestro

JULY 18, 2023

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. What Problems Are Manufacturing & Supply Chain Leaders Experiencing? Both accessing and manufacturing critical materials in 2023 is proving to be difficult.

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

SCMDOJO

FEBRUARY 19, 2024

In today’s fiercely competitive business landscape, the quest for continuous improvement has become imperative for small and medium-sized enterprises (SMEs) to thrive. In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs.

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

Finale Inventory

APRIL 30, 2024

The best way to prevent these mistakes is to seek professional guidance who advises an internal stakeholder. The best way to prevent these mistakes is to seek professional guidance who advises an internal stakeholder. That way, you are armed with the expertise and tools to give you accurate data and peace of mind.

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Real-time Visibility Inventory Price Data 52

Finale Inventory

APRIL 30, 2024

The best way to prevent these mistakes is to seek professional guidance who advises an internal stakeholder. The best way to prevent these mistakes is to seek professional guidance who advises an internal stakeholder. That way, you are armed with the expertise and tools to give you accurate data and peace of mind.

Real-time Visibility 52

Real-time Visibility Inventory Price Data 52

IBM Supply Chain Blog

JUNE 20, 2023

According to Warranty Week , claims totaling 46 billion USD were paid by the global automotive Original Equipment Manufacturers in 2021. This leads to a reduction in total warranty costs for software related warranty topics in a customer-friendly and efficient way. avoiding warranty issues through simulation), manufacturing (e.g.,

Data 89

Data Suppliers Quality Management 89

The Thomas Blog

AUGUST 15, 2022

Today, marketing without a business plan in place is nearly impossible if you want to drive results—and it's even more true in the manufacturing sector. With that background out of the way, let's dive right in and discuss more about what industrial marketing is and its impact. What Does Industrial Marketing Mean?

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Buyers Real-time Visibility Purchasing Strategy 143

SCMDOJO

JANUARY 30, 2023

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. Mary Barra Mary Barra is the Chairman and CEO of General Motors, a Fortune 500 auto-manufacturing company. Explore their stories and accomplishments, and be inspired to become an effective leader in your own right.

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Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 118

IBM Supply Chain Blog

MAY 31, 2023

In this blog post, we will look at the frequently overlooked phenomenon of connected products and how enterprises are using them to their advantage. This is especially true in manufacturing and industrial engineering. We assume readers are familiar with Industry 4.0, For more information about the concept, see the link below.

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Data Supply Chain Optimization supply chain software solutions Networking 95

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. In this blog post, we will explore how the platform is being used in the supply chain industry and the opportunities it presents.

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

ivalua

JULY 22, 2015

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. improvements.

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Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

IBM Supply Chain Blog

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. Purpose matters to consumers and drives profitability.

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Supply chain resilience Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 70

IBM Supply Chain Blog

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

IBM Supply Chain Blog

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

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Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

IBM Supply Chain Blog

JUNE 19, 2023

By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs. But this economic growth, coupled with stringent labor laws, drove up labor costs. trillion in 2023 because of these disruptions.

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Risk Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 81

The Thomas Blog

AUGUST 24, 2022

Well, many industrial buyers get started the same way. No matter your role — sales, marketing, operations, or leadership — you have a lot to accomplish. And so do the buyers of your company's products or services. In this post we'll share what you should know to meet their needs and create more meaningful connections to win more business.

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Buyers Buying process Suppliers Sourcing 128

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Supplier Data is at the core of every procurement activity, and it is critical for those dealing with direct materials in manufacturing.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Procurement Tactics

JUNE 22, 2023

Issuing a BPO is an efficient way to save time, prevent processing delays, and allow the administration to focus on other essential things and streamline the procurement process , as the blanket purchase order already stated the details needed to be filled out. ” But what is it exactly, and how can it benefit your organization?

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Purchase orders Purchasing Quantity Buyers 191

Arkestro

JULY 6, 2023

Resources / Blog / Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive The ripple effects of the COVID-19 pandemic are still rearing their ugly head in the automotive industry.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Procurement 52

IBM Supply Chain Blog

FEBRUARY 29, 2024

Types of renewable energy sources include: Solar : Sunlight is converted into electricity and heat in two ways. As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. trillion in 2023. What is renewable energy?

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Supply Chain Optimization Sustainability Supply Chain Efficiency Sourcing 102

Supply Chain Game Changer

JULY 7, 2021

Manufacturing Toolbox for Next Level Productivity. Managers are always looking for ways to optimize operations, prevent delays, and ensure their staff are well trained. Managers are always looking for ways to optimize operations, prevent delays, and ensure their staff are well trained. Email Address. Prevent Order Delays.

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Supply Chain Optimization Supply Chain Efficiency Supply chain Import 52

Arkestro

NOVEMBER 7, 2023

Resources / Blog / How to Transform Procurement into a Strategic C-Suite Player How to Transform Procurement into a Strategic C-Suite Player Procurement is at a crossroads. At the same time that automation has launched the discipline into a new era of efficiency, global supply chain and manufacturing practices are in a constant state of flux.

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IBM Supply Chain Blog

FEBRUARY 7, 2024

These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line. These efforts are often driven by stakeholder expectations, regulatory requirements and the recognition that sustainable business practices can improve the bottom line.

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Sustainability supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 96

Procurify

AUGUST 23, 2022

In order to apply changes to their supply chains, businesses must analyze a variety of essential elements, including procurement, lean manufacturing, warehousing, and transportation. Lean Manufacturing. Manufacturing is another area for organizations to reduce waste. Procurement. Warehousing. Transportation. The Kenco Example.

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Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Efficiency 59

IBM Supply Chain Blog

JANUARY 15, 2024

As such, organizations are increasingly interested in seeing how they can apply the whole suite of artificial intelligence (AI) and machine learning (ML) technologies to improve their business processes. Companies are rethinking their business models to become more digital and competitive.

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Raw materials Supply Chain Efficiency Data Business strategy 75

IBM Supply Chain Blog

JANUARY 16, 2024

To remain competitive in today’s relentlessly paced and ever-expanding marketplace, companies must think carefully about what products they’re developing and how they’re developing them, continuously iterating their processes to maintain a competitive edge. Why is a strong product development strategy important?

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Product development Strategy supply chain budgeting supply chain software solutions 80

Strategic Sourceror

MAY 12, 2022

With manufacturers responsible for approximately 11% of the United States' gross domestic product and employing nearly 8% of the nation's workforce, many of the supply chain problems the country is encountering have fallen squarely on the industry's broad shoulders. Expansive though they may be, manufacturers are feeling the pressure.

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supply chain software solutions Supply Chain Efficiency Supply chain Strategy 52

SCMDOJO

MARCH 7, 2023

If you are an avid SCMDOJO Blog reader, the word ‘ Kaizen’ would be a familiar term for you. But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is.

Agile and Lean Supply Chain 88

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 88

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow. What Causes Excess Inventory?

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Inventory Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 88

IBM Supply Chain Blog

FEBRUARY 13, 2024

Before long, smartphones became a way of life for organizations worldwide because of all they offer for business productivity and communication. For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making.

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Data Ethics Quality Project management 122

SCMDOJO

OCTOBER 27, 2023

Long-Term Supplier Relationship Negotiation: Focused on establishing a long-term relationship with a supplier, this negotiation may include agreements for continuous improvement, innovation, and cost reduction. It is a skill that needs a strategic approach and it is not something anyone can do.

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Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

IBM Supply Chain Blog

FEBRUARY 14, 2024

Here are 27 highly productive ways that AI use cases can help businesses improve their bottom line. When thinking of artificial intelligence (AI) use cases, the question might be asked: What won’t AI be able to do? We’re all amazed by what AI can do.

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Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 86

The Thomas Blog

JANUARY 5, 2024

Lead prospecting refers to the process of identifying and qualifying potential customers or clients who are likely to be interested in a product or service. The goal of lead prospecting is to generate a list of potential customers who can be targeted for marketing and sales efforts. Lead prospecting.

Strategy 52

Strategy Buyers Real-time Visibility Data 52

IBM Supply Chain Blog

OCTOBER 17, 2023

Generative AI , when applied to industrial processes, can improve production yield, reduce quality variability and lower specific energy consumption (thereby reducing operational costs and emissions). However, these industries face tremendous challenges to reduce greenhouse gas emissions.

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Sustainability Supply Chain Optimization Quality Raw materials 104

IBM Supply Chain Blog

MAY 19, 2023

Web-based ERP providers are experiencing significant growth and demand as more companies seek to streamline their business processes, cut costs and improve operational efficiency. In addition, cloud ERP solutions enable SMEs to enhance their overall productivity by reducing manufacturing time. billion in 2022 to USD 130.0

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Price Data Demand Strategy 78

IBM Supply Chain Blog

DECEMBER 15, 2023

Some of the first teachings about improving the planet seem simple: reduce, reuse, recycle. There are various examples of sustainable business practices that companies can adopt to improve their business model. Now, climate change is affecting businesses as much as individuals.

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Sustainability Supply Chain Efficiency Raw materials Supply chain 71

Arkestro

SEPTEMBER 19, 2023

Resources / Blog / Autonomous Sourcing Leads to Better Procurement Outcomes Autonomous Sourcing Leads to Better Procurement Outcomes The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. However, with great challenges also come great opportunities.

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