The Network Effect

JUNE 18, 2015

Given the potential benefits of shelf-connected systems (on-shelf availability, increased sales, reduced days of supply, and an overall reduction in supply chain costs), early adopters in the market have taken on the demand-driven value network challenge and moved in the direction of driving responsive replenishment through short-term forecasts.

Demand 71

Demand Supply Chain Optimization Supply chain Supply 71

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. Supplier Relationship Management : Build strong, collaborative relationships with key suppliers. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Supply Chain Trend

OCTOBER 31, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. For the next 6 weeks Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Supply Chain Trend: Can you describe your first involvement in S&OP?

Supply Chain Optimization 121

Supply Chain Optimization Supply Chain Efficiency Leadership Supply chain 121

NLPA (Next Level Purchasing Association)

JANUARY 16, 2024

Through collaboration with innovative suppliers, procurement can gain early access to emerging technologies and identify opportunities to develop new products and services, fostering significant value creation through innovation. This data can inform strategic sourcing decisions, optimize costs, and identify new value-creation opportunities.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Supply Chain Optimization 52

ivalua

SEPTEMBER 24, 2020

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. To learn more about the value of Invoice-to-Pay, download our white paper. What Are The Benefits of Invoice-to-Pay?

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

The Network Effect

JULY 1, 2015

Today with the availability of store-level POS data and technical ability to generate store-level forecasts with low error rates, along with optimized replenishment plans, companies are able to trade-off between service and inventory levels. The post Replenishment in a Shelf-Connected Supply Network appeared first on The Network Effect.

Networking 68

Networking Supply Inventory Inventory planning 68

The Network Effect

AUGUST 7, 2015

Using these types of demand driven-based inventory replenishment policies enables retailers and their suppliers to reduce supply chain variability, optimize inventory levels, and minimize freight expense. If you’re impatient, I suggest you download the new white paper: Is your supply network really shelf-connected?

Distribution channels 58

Distribution channels Inventory Networking Supply Chain Optimization 58

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. Category management flips this script, emphasizing collaboration and building strong partnerships with key suppliers.

Category management 52

Category management Management Procurement Supplier relationship management 52

The Network Effect

APRIL 7, 2015

DDVN’s seek to align and synchronize demand, supply, and product cycles, as well as enable the ability to sense and shape demand to generate a profitable demand response. This will also enable them to optimize both their production and distribution plans.

Networking 57

Networking Supply Supply Chain Optimization Distribution Planning 57

NLPA (Next Level Purchasing Association)

MAY 8, 2024

In today’s competitive business landscape, procurement professionals constantly seek ways to optimize costs and maximize value. Only 6% of companies report full visibility on their supply chain , while 69% do not have total visibility. However, relying solely on spend analysis can limit your cost-saving potential.

Real-time Visibility 52

Real-time Visibility Supplier consolidation Suppliers supply chain software solutions 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

The Future of Procurement Technology Supplier Relationship Management (SRM) Enhancement: Justification : Strengthening supplier relationships through SRM initiatives fosters collaboration, innovation, and mutual growth. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities. This includes budgeting, forecasting, and optimizing the utilization of available funds. Implement SRM practices that foster collaboration, transparency, and trust.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

IBM Supply Chain Blog

MARCH 8, 2024

Now, 5G’s lightning-fast connection speeds have made transport systems for cars, trains and more much faster than previous generations, transforming the way systems and devices connect, communicate and collaborate. This shift saves businesses time and money and enables better control over large volumes of data.

Networking 97

Networking Data Demand Quality 97

Procurement Software

JULY 11, 2023

What is at the heart of this relationship not being more strategic or collaborative? Then we’ll go on to summarise where some of the opportunities for closer collaboration can be found. This helps to open the door to a more collaborative working relationship. How much cash is potentially being left on the table?

Procurement 52

Procurement Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Supply Chain Game Changer

FEBRUARY 9, 2022

Subscribe to Supply Chain Game Changer. Rocketlane uniquely ties project management, document collaboration, and communication to replace your bundle of tools. Usability: Does project planning software offer tutorials, training, white papers, forums, and customer support to help users? Subscribe Here!

Project management 80

Project management supply chain software solutions Management supply chain budgeting 80

Zycus Cognitive Procurement

JULY 29, 2021

Driving supplier collaboration and innovation with technology: . The Zycus suite of cloud-based, AI-driven end-to-end procurement solutions reduces supply chain costs and in-house infrastructure dependency for businesses. AI-driven technology to spearhead change.

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain supply chain software solutions 40