Supply Chain Game Changer

AUGUST 26, 2021

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. Buyers and expeditors alike tend to place Purchase Orders with suppliers and then check the box as if the task is complete. PO Placement ?

Supply Chain Visibility 103

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

SCMDOJO

DECEMBER 14, 2023

These agencies are experts at finding good suppliers, talking about fair deals, and making sure everything gets to where it needs to be. Task-Specific Services: Primarily involved in tasks like supplier identification, negotiation, and quality control. It makes the job of getting goods and services easier.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

SCMDOJO

MARCH 19, 2024

This might involve optimizing inventory levels, negotiating better deals with suppliers, or implementing just-in-time manufacturing techniques. Improved Customer Satisfaction A structured department is better equipped to handle customer demands. Supply Chain Director Set strategic goals and objectives for the supply chain department.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

The Good Spending

SEPTEMBER 2, 2023

To do this, suppliers have begun to combine products and services into integrated solutions that provide a higher total value than the sum of the values of the individual components. IT procurement must closely cooperate with internal customers, conduct deep analysis and modeling, choose a supplier based on non-pricing criteria, and more.

Sourcing 59

Sourcing Procurement Category management Demand Planning 59

Supply Chain Game Changer

SEPTEMBER 29, 2020

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. Raw Material Management.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Supply Chain Game Changer

NOVEMBER 10, 2018

Supplier chain collaboration itself isn’t new. With pricing under pressure from recession-scarred consumers, the temptation for retailers is to transfer the pain upstream to their suppliers by passing on price reductions and forcing them to bear an increasing share of costs. Without the apps, the iPhone is just another ordinary phone!

Collaboration 66

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

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. As suppliers’ lead times increase, so does the risk of running out of stock or longer lead times for the end customer.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Tips for inventory planning during Black Friday. In the event of high demand for stock items, there is also a risk of tension between customers and suppliers.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Tips for inventory planning during Black Friday. In the event of high demand for stock items, there is also a risk of tension between customers and suppliers.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Real-time Visibility Inventory 52

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

JANUARY 30, 2020

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. Supplier Operating Terms. Lead times were nothing more than standard numbers you would get from a Supplier catalogue or from a Customer Service representative. 300 parts is a very manageable number.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. Supplier Operating Terms. Price is obviously a key point of negotiation.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Finale Inventory

JULY 26, 2024

Dealing with changing supplier lead times is also a common challenge in parts inventory management. Supplier lead times can vary due to factors such as transportation delays or production issues. This can disrupt your inventory planning and lead to delays in fulfilling customer orders.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Supply Chain Game Changer

NOVEMBER 16, 2018

Supply/Demand Planning. As it turns out there was previously no Supply/Demand Planning process in the company. Supplier Operating Terms. Lead times were nothing more than standard numbers you would get from a Supplier catalogue or from a Customer Service representative. 300 parts is a very manageable number.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43

The Procuretech Podcast

FEBRUARY 22, 2022

Direct material supply chains often have added layers of complexity, where you need to understand relationships beyond your 1st tier suppliers. Anne-Sophie cites the example of the consumer electronics industry where contract manufacturing is normal and the Tier 1 supplier is really just a gatekeeper to a number of external manufacturers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Supply chain Innovation 40

Supply Chain Brain

MARCH 26, 2018

Suppliers with poor quality or delivery records will also be ejected from the mix.) Creating a long horizon is important because the buyer need to have an accurate sense of a supplier’s total capacity for producing over time. The output of an automated costing system is never going to achieve a perfect match with reality.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40