Remove Buying process Remove Demand Planning Remove Purchasing
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What is a Sourcing Agency and How does it work?

SCMDOJO

Limited Scope: Offers a more focused and individualized approach to the procurement process. Diverse Expertise: Leverages collective knowledge and resources for a more comprehensive and streamlined procurement process. READ MORE ON: “STRATEGIC SOURCING VS. PURCHASING – 7 KEY DIFFERENCES” at our website SCMDOJO!

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Process Based Inventory Turnover Improvement!

Supply Chain Game Changer

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. We established an “A” Class Buying team.

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Supply Chain Visibility – An Overcomplicated Challenge!

Supply Chain Game Changer

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 ?

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Shortage vs. Surplus: Causes and Definitions

Finale Inventory

It is important for businesses to have a system that predicts the demand they will experience over a certain period of time based on data and trends. However, if the data is inaccurate, it can lead to a business purchasing more inventory than they need, creating a surplus. Finale Inventory Demand Planning.