Una

AUGUST 2, 2022

Contract monitoring. AI is also getting better at reading unstructured documents including supplier contracts, with one study revealing that AI read a contract in 26 seconds while human lawyers took 92 minutes. IoT proliferation. Self-service. No procurement process can be considered fully automated without self-service.

Procurement 98

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

Supply Chain Game Changer

NOVEMBER 3, 2022

Doing so clearly indicates how well each supplier meets their obligations, so you can negotiate contracts with those who need to improve. Demand Planning. Demand planning involves finding where you’ll get your items, how much you need to order, and when to call them.

supply chain budgeting 115

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 115

SCMDOJO

APRIL 29, 2024

Planning ensures that resources are allocated effectively and that production and distribution meet customer demand. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Procurement Heads

APRIL 27, 2023

The pandemic had a huge impact on many industries; in our case, our revenues dropped by around 40% almost overnight, plus our supply chain dramatically contracted as borders were closed and inventories dried up. Also key was demand planning, matching our purchasing plans with the ever-changing demand situation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Procurement Heads

APRIL 27, 2023

The pandemic had a huge impact on many industries; in our case, our revenues dropped by around 40% almost overnight, plus our supply chain dramatically contracted as borders were closed and inventories dried up. Also key was demand planning, matching our purchasing plans with the ever-changing demand situation.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply chain Stakeholder engagement 130

Spend Matters

AUGUST 15, 2024

Relying on a single vendor poses significant risks, creating single points of failure and reducing leverage in pricing negotiations for IT contracts and software licenses. This dependency also fosters complacency among legacy tech vendors, hindering innovation and regular updates.

supply chain software solutions 120

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 120

SCMDOJO

SEPTEMBER 7, 2024

Contract Warehouses: Similar to public warehouses, contract warehouses offer storage and fulfillment services but cater to a specific client or group of clients. Inventory Management: Providing advanced inventory management services like forecasting, demand planning, and optimization.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Order Fulfillment supply chain budgeting 98

Una

SEPTEMBER 6, 2022

Procurement process automation can involve anything from automated supplier discovery, payment processing, spend analytics , and contract approval. 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.

Agile and Lean Supply Chain 98

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

Procurement Insights

JANUARY 11, 2024

Charlotte Anabelle de Brabandt – Digital Futurist – Head of IT Partner Management & Head of IT Governance US, ZF Group (2017) Mitchell Agee – Manager – Supply Chain Contracts, The Boeing Company (2024) Mitchell Agee – Director – Supply Chain Management, Lockheed Martin (2017) Manuel Allendesalazar – Forecasting (..)

Demand Planning 72

Demand Planning Supply chain Supply chain management Supply chain management 72

SCMDOJO

JUNE 21, 2023

SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Supply Chain Planning as a Service has emerged as a game-changer, enabling companies to efficiently outsource non-core activities. Why outsource Demand Planning?

Supply Chain Optimization 105

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

The Good Spending

SEPTEMBER 2, 2023

The added value here is multifaceted – a single supplier responsible for the entire process and able to optimize it, a single contract instead of several contracts (equipment supply and warranty support, purchase of consumables, maintenance), avoidance of storage costs and working time of own staff, etc.

Sourcing 59

Sourcing Procurement Category management Demand Planning 59

SCMDOJO

DECEMBER 14, 2023

Services offered by Dante: Supply Chain Management Consulting: Dante specializes in offering strategic guidance in supply chain management, ensuring efficiency through demand planning, critical path analysis, and cost optimization for businesses.

Sourcing 104

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

World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Manufacturers play a crucial role by creating the physical products that are eventually sold to the consumer.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Manufacturers play a crucial role by creating the physical products that are eventually sold to the consumer.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Game Changer

JULY 31, 2019

Areas that startups need: Logistics and Distribution Strategy Demand Planning Production Planning Lead Time Management Inventory Planning Supplier Relationship Management Strategic Sourcing/Shared Services Procurement (growth stage). The best in the business can get you all three.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 72

Supply Chain Opz

JULY 7, 2013

For example, if you were a contract manufacturer in China, you might already have different logistics networks for different customers. 3) Align Demand Planning Across Supply Chain. Supply chain practitioners are taught to share the demand data with trading partners so nobody has to keep the unnecessary stock.

Supply chain management 102

Supply chain management Supply chain management Supply chain Management 102

SCMDOJO

JANUARY 17, 2024

Planning roles include: A supply chain planner analyzes performance and improves processes. A demand planner estimates the future demand for given products. (Do Do check out our Demand Planning Ultimate Guide ) A production planner ensures the required manufacturing output meets the demand.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

SCMDOJO

MARCH 19, 2024

This includes implementing lean manufacturing principles and utilizing advanced planning software, so businesses can optimize production processes and minimize waste. Demand Planning and Inventory management Inventory management is crucial for ensuring adequate stock levels and minimizing carrying costs. Access yours here!

Supply Chain Optimization 98

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

Supply Chain Opz

NOVEMBER 9, 2014

To coordinate, contracts can be made with direct links in the supply chain, but how can organizations coordinate with the suppliers’ suppliers or the customers’ customers? Requiring suppliers to contract only sub-suppliers who follow certain standards could be a good start.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

SCMDOJO

MAY 30, 2024

Transportation Coordinator: Logistics Orchestration: Plans and organizes the transportation of goods, selecting carriers, negotiating contracts, and optimizing routes for cost and time efficiency. Carrier Management: Selects and negotiates contracts with reliable carriers to ensure safe and timely deliveries.

Logistics 98

Logistics Supply Chain Optimization Order Fulfillment Inventory 98

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Scope : Procurement spans the entire process from identifying requirements to contract closure. Purchasing is more transactional and tactical.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 19, 2024

It can take many forms, from automated warehouse systems that pick and pack orders, to blockchain-based smart contracts to software that automates purchasing and invoicing processes. Key strategies for effective supply chain management There are a number of ways that companies can better optimize and manage their supply chains.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

SCMDOJO

NOVEMBER 17, 2023

Inventory Management & Optimization: Managing inventory as working capital, focusing on demand planning, optimization, safety stock management, and meeting customer service expectations.

Agile and Lean Supply Chain 98

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

Supply Chain Game Changer

AUGUST 26, 2021

would demand its implementation. I’ve worked for major manufacturers in CPG, Automotive, and Defense Contracting, and I can honestly say that some of the largest organizations are nowhere near accomplishing this. It would seem that the Fourth Industrial Revolution (4IR) and Industry 4.0

Supply Chain Visibility 103

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

SCMDOJO

APRIL 4, 2023

These analytics can also help identify known risks and predict future risks by spotting patterns and trends throughout the supply chain, increasing planning accuracy, and better predicting future demand. This can help them identify the best suppliers and negotiate better contracts.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Supply Chain Game Changer

MARCH 23, 2021

That is these tasks are the 90% of the iceberg that most can not see. 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.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Real-time Visibility Supply 64

SCMDOJO

NOVEMBER 2, 2023

Expertise: Strategic sourcing and contract creation, procurement, supply chain management, interim supply chain project management, cost reduction, contract management, and commodity management are areas of expertise. Supplier management, contract management, and process optimization are just a few of the areas in which he excels.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Let's Talk Supply Chain

APRIL 21, 2023

Outsourced carriers are third-party companies contracted to carry a shipper’s product from one location to another. Carrier management includes choosing a set of carriers, tracking shipments, measuring their performance, managing their contracts, and ensuring compliance with regulations. What are outsourced carrier networks?

Networking 52

Networking supply chain software solutions Supply Chain Efficiency Logistics 52

The Good Spending

AUGUST 16, 2022

Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. My Udemy course "Procurement Lab" My Udemy course "Foundations of Contracts and Outsourcing."

Supply Chain Efficiency 52

Supply Chain Efficiency Collaboration Supply Chain Optimization supply chain budgeting 52

SCMDOJO

MAY 30, 2024

Transportation Coordinator: Logistics Orchestration: Plans and organizes the transportation of goods, selecting carriers, negotiating contracts, and optimizing routes for cost and time efficiency. Carrier Management: Selects and negotiates contracts with reliable carriers to ensure safe and timely deliveries.

Logistics 52

Logistics Supply Chain Optimization Order Fulfillment Inventory 52

SCMDOJO

AUGUST 16, 2023

Read More: The Ultimate Guide to Contract Logistics: What You Need to Know ] Information Technologies Driving Efficiency In Walmart’s journey towards becoming a global leader, information technologies have played a pivotal role in driving efficiency within the integrated Walmart supply chain.

Supply Chain Efficiency 98

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

The Procuretech Podcast

FEBRUARY 22, 2022

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. Demand planning. Ravacan can do this and intelligently switch the percentage split based on a number of different criteria.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Supply chain Innovation 40

Let's Talk Supply Chain

APRIL 6, 2023

Enveyo empowers its clients to use supply chain data to turn shipping operations into a competitive advantage through Enveyo’s suite of logistics optimization software , including the solutions: Insights : Integrated reporting & business intelligence Modeling : Predictive analytics Cloudroute : Intelligent transportation management system (TMS) (..)

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Logistics Data 52

Empowering CPO

JUNE 27, 2023

With this knowledge, organizations can foster stronger relationships, negotiate favorable contracts, and collaborate more effectively with suppliers to drive innovation and continuous improvement. The first component involves collecting data from various sources, such as procurement systems, invoices, contracts, and financial records.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

Empowering CPO

JUNE 26, 2023

Procurement data encompasses a wide range of information, including historical spend, transaction details, contracts, supplier information, and market intelligence. By analyzing historical spend patterns and supplier performance, organizations can negotiate better contracts, consolidate suppliers, and implement strategic sourcing initiatives.

Real-time Visibility 40

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

The Procuretech Podcast

OCTOBER 3, 2022

SCM Dojo has different teaching pathways here: A supply chain manager pathway, a logistics manager, a demand planning pathway, etc. . People see SCM Dojo as a knowledge platform, not a solutions platform. But the tagline is knowledge and solution. And that's where the other two spheres come in.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Empowering CPO

JUNE 20, 2023

Direct spend is typically managed through a central procurement function, with a focus on strategic supplier relationships, contract negotiation, and demand planning. The strategies for managing these two types of spend also differ.

Supplier consolidation 40

Supplier consolidation Negotiation Suppliers Spend management 40