Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Photo credit: [link].

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supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Una

AUGUST 2, 2022

Take B2B services purchasing as an example. Self-service for everyday, tactical purchasing removes the manual burden involved in carrying out stakeholder tasks and creates more time for strategic work. Do you have questions about group purchasing? Self-service. Users increasingly prefer the option of self-service. Get in Touch.

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Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

Supply Chain Game Changer

JULY 21, 2021

Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. The cost of procurement includes not just the purchasing cost of inventory that is negotiated with suppliers, but it also includes hidden costs related to transportation, negotiation, duties and more. Subscribe Here! Email Address.

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

SCMDOJO

JULY 13, 2022

A few articles you must read while you are searching for your next job are: 10 Ways on How to Successfully Find Supply Chain Jobs. Whatever your career stage, whether you are an entry-level buyer or a senior director of purchasing, NAEP’s job board can connect you with ideal positions available for its members and non-members.

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Una

SEPTEMBER 6, 2022

Utilizing a GPO as an extension of your procurement team can help streamline the purchasing process, save costs, and save time by eliminating indirect spend contract negotiations. Procurement can play an integral part through better demand planning (enabled through spend analytics) and by reducing duplicate orders and maverick spend.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Procurement Procurement strategies 98

Supply Chain Game Changer

SEPTEMBER 29, 2020

Featuring Our 10 Best Inventory Management Articles! The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/Demand Planning. The gap in our ERP planning between demand and supply was reduced by 85%, resulting in a significant reduction in over ordering.

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Inventory Raw materials Supply Chain Optimization Demand 90

NLPA (Next Level Purchasing Association)

JUNE 23, 2022

Link strategic planning with day-to-day sales and operational activities. It is a multi-step process involving demand planning, supply planning, middle and top management meetings resulting in decision-making and authorization. The 5-step eS&OP planning process includes: Step 1 – Data Gathering.

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Supply Chain Game Changer

OCTOBER 28, 2020

Pay gap article and permission to publish here provided by Sam White at argentus.com. Anecdotally, this is a bit lower in Canada, except for particular functions with very strong starting compensation like Demand Planning. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. GET our EBOOK HERE.

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The Network Effect

APRIL 15, 2016

Sales and Operations Planning (S&OP) is a fundamental process that all retail, manufacturing and consumer products companies should have in place. Surprisingly, many companies do not have a process to formally balance product supply with product demand. Revenue targets, COGS management) and existing debt covenants (e.g.

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Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain visibility article and permission to publish here provided by Adam Miglio. Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. Subscribe Here! Email Address. PO Placement ?

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Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

NLPA (Next Level Purchasing Association)

MAY 7, 2023

By aligning procurement plans with the overall S&OP process, organizations can ensure that they have the right materials available to meet customer demand, while minimizing inventory carrying costs and reducing the risk of stockouts. Visit NLPA Learning , the new home to all our certifications and online courses.

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supply chain budgeting Demand Strategic planning Demand Planning 52

Supply Chain Game Changer

FEBRUARY 19, 2019

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. In essence these simple definitions capture the essence of these terms. Fulfillment.

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SCMDOJO

MAY 30, 2024

In this article, we will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. Data-Driven Planning: Collaborates with other departments to gather and analyze data, ensuring accurate demand planning for efficient purchasing and resource allocation.

Logistics 98

Logistics Order Fulfillment Supply Chain Optimization Inventory 98

Finale Inventory

JULY 15, 2024

In this article, we will review the best inventory management software options for 2024 and discuss the key features to look for in these solutions. Secondly, effective inventory management involves forecasting and demand planning. Inventory management is a key aspect of running a successful ecommerce business.

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SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. But like any new technology, there are hurdles to overcome when implementing supply chain analytics. What are some examples of Supply Chain Analytics?

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Supply Chain Game Changer

MARCH 23, 2021

In this article we’ve given a few examples of this analogy in action. Customer Order Commitment. Warehouse Order Fulfillment. When customer or channel orders are received and delivery dates committed it is often incumbent on the Warehouse, Distribution Centre, or perhaps another channel, to fulfill those orders.

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Supply Chain Trend

NOVEMBER 16, 2016

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. This operating model included order to cash, make to demand, purchase to pay, finance and planning processes. A group, eligible to comment on the current state of S&OP.

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supply chain budgeting Supply Chain Efficiency Supply chain Innovation 115

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Supply Chain Planning (demand planning etc) is important as it determines how much cash is tied up in inventory, how much stock becomes obsolescent and how DIFOT is affected by stock availability.

Agile and Lean Supply Chain 109

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Supply Chain Game Changer

NOVEMBER 23, 2018

A new article in Forbes , “The Biggest Supply Chain Fallacies,” by Supply Chain researcher and beat writer Steve Banker, challenges a few of the assumptions underlying these trends, and calls out some of the conventional wisdom that’s taken hold in the field. Please check out the original article , and then we want to hear from you!

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Finale Inventory

AUGUST 20, 2024

In this article, we’ll break down the concept, discuss its benefits and drawbacks, and provide insights to help you decide if it suits your specific business needs. Understanding the Concept of Bulk Ordering Bulk ordering involves purchasing goods in large quantities at once.

Quantity 52

Quantity supply chain budgeting Inventory Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 10, 2018

In this article, we will focus on key actions to ensure successful supply chain collaborations – productive collaboration and not a frustrating one; and turning supplier collaboration into a core competency. Leadership #SupplyChain #Business #SCM #Procurement #Purchasing. Invest in the Right Infrastructure and People.

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Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Finale Inventory

JULY 22, 2024

This article covers MTS’s definition, key terms, practical insights, its role in ecommerce, the implementation process, and its advantages and drawbacks. Make to Stock, or MTS, is a production strategy where products are made before they are ordered or demanded. Make to Stock (MTS) is a well-known concept in ecommerce.

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Inventory Raw materials Order Fulfillment Supply Chain Efficiency 52

Finale Inventory

JULY 11, 2024

This detailed data helps retailers not only track inventory but also make informed decisions regarding purchasing, pricing, and marketing strategies. This valuable insight enables retailers to forecast demand, plan promotions effectively, and tailor product offerings to meet customer preferences.

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Finale Inventory

SEPTEMBER 19, 2024

By accurately predicting customer demand, online retailers can optimize their inventory management, streamline their supply chain, and enhance overall business performance. Demand: The quantity of a product or service that customers are willing to purchase at a given price and time.

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Demand Supply Chain Optimization Inventory Agile and Lean Supply Chain 52

Planergy

JULY 18, 2023

Options worth exploring include: asking for upfront payments on orders, reducing credit terms, billing customers immediately upon sale, or getting a better grip on sales forecasting/demand planning. You’ll also be subscribed to our email newsletter and notified about new articles or if have something interesting to share.

Import 52

Import supply chain budgeting Inventory Budget 52

Finale Inventory

SEPTEMBER 17, 2024

This article discusses the importance of inventory management in ecommerce, the components of a successful inventory management system, strategies to address common challenges, ways to measure success, and future trends to watch. Aligning inventory management with business goals optimizes operations and meets customer demands effectively.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

Planergy

DECEMBER 8, 2022

Demand Forecasting Methods: Choosing The Right Type For Your Business. Financial Planning & Analysis (FP&A) Forecasting Strategy & Planning. IN THIS ARTICLE. Types of Demand Forecasting Models. The Different Types of Demand Forecasting Methods. The Different Types of Demand Forecasting Methods.

Demand 52

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Solvoyo

APRIL 11, 2019

Why did we purchase so little while the demand was so high? Better yet, why can’t we increase the complexity and intelligence up a few notches and learn from our past demand to create a sensible replenishment plan? Why didn’t we order when the critical level was reached?

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Finale Inventory

JULY 11, 2024

In this article, we will explore how Finale Inventory can help businesses streamline their manufacturing processes and achieve their production goals. From purchasing to production planning and sales, Finale Inventory provides a centralized platform that ensures everyone is on the same page, leading to improved coordination and efficiency.

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Finale Inventory

JULY 26, 2024

This article covers top strategies for efficient parts inventory management with Finale Inventory, helping you optimize your operations and achieve business growth. Proper inventory management allows you to accurately track your stock levels, prevent overstocking or understocking, and optimize your purchasing decisions.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Supply Chain Trend

OCTOBER 29, 2021

A whitepaper by Coldrick, Ling, and Turner (2003) entitled “Evolution of Sales & Operations Planning – From Production Planning to Integrated Decision Making” presented the five-step process – shown in Figure 2 – which is still the foundation of most planning processes today, even though the scope of S&OP has expanded into IBP.

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Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

SCMDOJO

MAY 30, 2024

This article will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. Inventory Analyst: Inventory Optimization: Analyzes inventory data to identify trends, forecast demand, and recommend strategies to maintain optimal stock levels, minimizing stockouts and overstocking.

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Logistics Order Fulfillment Supply Chain Optimization Inventory 52

The Procuretech Podcast

OCTOBER 3, 2022

FinTech content at the time was a lot more attractive: Punchy articles, simple “How To.” If I have to use a separate platform to do RFQ procurement and standard spend analytics, then use my ERP to create my purchase orders and track my shipments, then somebody else has got to give me visibility. guides, easy to read lists. .

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supply chain software solutions supply chain budgeting Supply chain Supply 40

Supply Chain Brain

JUNE 18, 2018

They risk alienating the demanding (some would say spoiled) online shopper, who would otherwise to accustomed to acquiring an in-store purchase instantly. Gorlin predicts that every major retailer will at least have a plan in place for launching direct shipments within the next 18 months. Comment on this article.

Demand 40

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Empowering CPO

JUNE 26, 2023

By continuously monitoring spend data, organizations can quickly identify potential risks such as maverick spending, non-compliant purchases, or supplier performance issues. This forecasting capability allows for improved budgeting, demand planning, and inventory management, leading to cost savings and operational efficiency.

Real-time Visibility 40

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

Procurement Tactics

MARCH 27, 2023

In this article, you will know what supply chain forecasting is. Once you are done reading this article, you will know how to forecast supply chains that can promote growth in your company. For example, the pandemic has forced consumers to go online to purchase their needs. However, how do you forecast effectively?

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SCMDOJO

JUNE 21, 2023

In fact, an article titled ‘Supply Chain Crisis’ highlights how SCaaS transforms empty bins (aerials shelves/shelves) into cash for companies. According to an article by SCMDOJO, SLAs are an underutilized tool in the supply chain. Why outsource Demand Planning?

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