The Thomas Blog

AUGUST 2, 2022

That means zeroing in on what materials you want to work in, what quantities and delivery schedules you’re best equipped for, and so on. And with that insight, you should be running to update all of your information with what prospective buyers can expect when working with you. Make Buyers Contact You. appropriate certification.

Buyers 144

Buyers Quality Ethics Export 144

EazyStock

JULY 19, 2019

What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? To achieve this, you need to account for both supply and demand volatility.

Supply Chain Optimization 55

Supply Chain Optimization Inventory Quantity Demand 55

ivalua

AUGUST 21, 2022

First of all, we must identify the suppliers with the highest emissions either by physical quantity or amounts spent. C Supply Chain Leaders” and digital platforms such as “CDP Supply Chain”, for example, are proving helpful in reducing supplier overwhelm and advancing efforts to achieve emission targets (see box on the right).

supply chain software solutions 130

supply chain software solutions Supply Chain Optimization Suppliers Supply Chain Efficiency 130

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. But today this is largely executed electronically, for example by eSourcing events and with sourcing optimization software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Now consider what a Supply Chain entails.

Agile and Lean Supply Chain 63

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 63

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. appeared first on Supply Chain Game Changer™.

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Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

SCMDOJO

DECEMBER 14, 2023

Sourcing agencies excel in handling these intricacies, ensuring a smooth and efficient flow of products from supplier to buyer. Whether you’re dealing with larger quantities or diverse product lines, a sourcing agency ensures that your procurement process remains efficient and effective. Hire the Expert Now or Start a Chat!

Sourcing 104

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

Supply Chain Game Changer

JUNE 3, 2021

Subscribe to Supply Chain Game Changer. The goal of supply chains is to add value to the manufacturing and distribution processes. Supply chains can be differentiated based on characteristics such as price, time reliability, and risk, depending on the markets and value chains they serve.

Logistics 97

Logistics Import Supply Chain Efficiency Supply Chain Optimization 97

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. By using blockchain in procurement, businesses can improve transparency, trust, and efficiency across their supply chains, ensuring smoother and more reliable operations.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

SCMDOJO

DECEMBER 14, 2023

In supply chain management, total lead time is a crucial metric encompassing the period from customer order to delivery, be it in B2B or B2C scenarios. As a critical supply parameter, managing lead time is essential for mitigating uncertainties in the supply chain.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

Spend Matters

JUNE 19, 2023

PO orchestration The ability to optimize ordering efficiency while supporting category needs and remaining compliant with budgets, contracts and accounting. They have a supplier portal that facilitates collaboration between buyer and supplier by using message boards, PO confirmations, status updates, etc.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

Supply Chain Optimization 52

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

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Finale Inventory

JULY 17, 2024

For businesses, managing in-transit inventory is necessary to ensure the smooth flow of goods, maintain customer satisfaction, and optimize operations. Defining In-transit Inventory In-transit inventory can be categorized as any goods or products that have left the supplier’s premises and are on their way to the buyer or destination.

Inventory 52

Inventory Real-time Visibility Purchase orders Supply Chain Optimization 52

Supply Chain Game Changer

MARCH 21, 2022

Subscribe to Supply Chain Game Changer. Lead Generation for Supply Chain: 5 Ways to Get Prospects! When doing B2B lead generation, small businesses cannot boost revenue and achieve their sales goals if they focus on quantity rather than on quality. appeared first on Supply Chain Game Changer™.

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supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Today’s customers are more demanding and expect product quantities displayed in the online store to match actual inventory levels.

Purchasing 52

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

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Today’s customers are more demanding and expect product quantities displayed in the online store to match actual inventory levels.

Purchasing 52

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

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Today’s customers are more demanding and expect product quantities displayed in the online store to match actual inventory levels.

Supply Chain Optimization 52

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

Finale Inventory

SEPTEMBER 24, 2024

They play a vital role in maintaining accurate inventory levels and establishing a solid foundation for supply chain management. In addition, purchase orders act as a key communication tool between a buyer and a seller, outlining the specifics of the transaction such as quantities, prices, and delivery timelines.

Purchase orders 52

Purchase orders Purchasing Inventory Quantity 52

Supply Chain Game Changer

JUNE 14, 2021

Subscribe to Supply Chain Game Changer. According to research studies , 90% of buyers read online reviews before making a purchase. According to BrightLocal , 49% of consumers believe that the quantity of reviews matters. For you, that is an opportunity to optimize website experiences and simplify the customer journey.

Supply Chain Optimization 63

Supply Chain Optimization Purchasing Buyers Quality 63

EazyStock

JULY 2, 2021

This is especially important for wholesale distributors that carry large quantities of diverse parts and components. Quantity/Unit of Measurement. Distributors need to have a clear command of their optimized order quantities for all components to ensure a smooth delivery to end customers. BOM and Inventory Optimization.

Bill of materials 52

Bill of materials Supply Chain Optimization Inventory Quantity 52

Pipefy

JANUARY 31, 2023

A centralized team operating as a center of excellence is responsible for strategy, knowledge sharing, and supply chain optimization, which in turn empowers those in charge of more tactical and transactional front-line purchasing roles. This center-led or coordinated procurement model is made up of cross-functional teams.

Purchase orders 59

Purchase orders Purchasing Procurement Quantity 59

Skill Dynamics

NOVEMBER 4, 2022

These factors create a challenging landscape for supply chain professionals, who need to ensure that raw materials or parts are in the right place, at the right time in the right quantities to enable production and meet consumer demand. There needs to be a change in approach to align with the evolving nature of supply chains.

Demand 52

Demand Agile and Lean Supply Chain Management Supply Chain Optimization 52

Arkestro

FEBRUARY 6, 2024

Arkestro’s Personal Touch Across the Globe When a large organization with a complex supply chain came to Arkestro to implement our PPO platform, our professional services team traveled to three of their global locations to make sure PPO could be their strategic superpower this year. And it learns as you go.

Procurement 52

Procurement Competitive bidding Real-time Visibility Supply Chain Efficiency 52

EazyStock

JANUARY 21, 2021

Fundamentally, inventory planners simply have to calculate what to buy, when to buy it and in what quantities – but in reality this is not as simple as it sounds. In these cases, manually creating forecasts and working out order quantities and safety stock levels is a manageable task.

Inventory 52

Inventory Management Quantity Order Fulfillment 52

Supply Chain Game Changer

JANUARY 30, 2020

Subscribe to Supply Chain Game Changer. “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly.

Inventory 61

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

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

TYA Suite

JULY 17, 2024

In today's dynamic business environment, efficient po management is essential for optimizing inventory levels, controlling costs, and maintaining strong supplier relationships. Employees or departments submit requisition requests, specifying the required items, quantities, and preferred suppliers.

Purchase orders 40

Purchase orders Purchasing Management Supply Chain Efficiency 40

TYA Suite

OCTOBER 16, 2024

This article delves into what the P2P cycle entails, its importance, and the best practices for optimizing it. At its core, the P2P process cycle is designed to optimize purchasing activities while maintaining full control over the transaction lifecycle. What is the Procure-to-Pay (P2P) Cycle? ♦ Any special instructions or conditions.

Purchase orders 40

Purchase orders Procurement Supply Chain Efficiency Purchasing 40

Procurify

JUNE 21, 2022

The global supply chain took a massive hit during the Covid-19 pandemic, and its effects on organizations continue to this day. In fact, 75 percent of companies claim the supply chain disruptions have had negative or strongly negative impacts on their businesses. Written by: Ruya Yonak. Let’s get to it.

Purchase orders 52

Purchase orders Purchasing Supply Chain Optimization Suppliers 52

Supply Chain Game Changer

NOVEMBER 16, 2018

“We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly. appeared first on Supply Chain Game Changer™.

Inventory 43

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

TYA Suite

MAY 14, 2023

This further allows you to improve your business and reduces wastage in different costs including: Supply chain management involves tons of challenges. With the integrated in place, different eCommerce businesses and retailers can efficiently prepare and incorporate a supply chain management.

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Finale Inventory

MARCH 28, 2024

From brand messaging that illustrates how companies are enacting earth-friendly practices in their business to certification bodies such as B Corp who are starting to scrutinize global supply chains as part of the credentialing process, companies are trying to level up to their consumers’ expectations as best they can.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Sustainability Inventory 52

Supply Chain Game Changer

NOVEMBER 17, 2018

What is Minimum Order Quantity. Some suppliers have a Minimum Order Quantity (MOQ) and will not accept orders below a certain number. This page requires more information than if it were already in Amazon’s catalog to ensure a complete listing for buyers. Optimizing Your Listing. Calculate Your Profit. Product Title.

Export 43

Export Price Real-time Visibility supply chain budgeting 43

Pipefy

FEBRUARY 3, 2023

Invoices are documents generated and issued by suppliers that indicate the products, product quantities, and pricing for products and services provided by them to a business, either via email, mail, or electronically. As always, be sure to document this information as well so that you can easily share and update it.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Planergy

JANUARY 18, 2024

Supplier-managed catalogs live within the buyer’s purchasing system, but the supplier has access to the catalog so they can maintain it. On the other hand, a punch-out catalog gives buyers access to the vendor’s website through the buyer’s procurement software.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

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Procurement Real-time Visibility supply chain budgeting Procurement team 52