SCMDOJO

FEBRUARY 26, 2025

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. What contexts can it be used in and how, as well as the benefits of using cost performance index in supply chain contexts.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

SCMDOJO

FEBRUARY 21, 2025

Logistics & Transportation Failures: Port congestion, rising freight costs, and fuel shortages. Natural Disasters & Pandemics: Earthquakes, hurricanes, and health crises causing production halts. Supplier Financial Instability: Bankruptcy or operational shutdowns of key vendors.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 59

Procurement Insights

MARCH 23, 2025

Indirect spending typically represents 15-27% of revenue in manufacturing companies, making it a significant area for cost optimization. travel, consulting) and lower in fixed costs (e.g., Reason: Fixed costs cap savings, but green goals provide modest gains. Logistics & Transportation: 10% ($7.5 ingredients).

Supplier consolidation 52

Supplier consolidation Supply Chain Optimization Logistics Strategic sourcing 52

Sourcing and Supply Chain

MAY 27, 2021

Logistics and Supply Chain are not an exception in the same, in fact, they demand the center stage in this process. Latest technologies levers How digital transformation happens and what are the benefits, levers used Real-time experience in digital transformation and cost optimization in the industry. Hurry, register right away!

Supply Chain Optimization 52

Supply Chain Optimization Logistics Supply chain Supply 52

SCMDOJO

DECEMBER 14, 2023

Comprehensive Services: Offers a broader range of services, including market research, logistics coordination, and risk mitigation. Logistics and Shipment Management: Smooth Transitions Across Borders Coordinating the logistics of shipping goods across borders is a complex task.

Sourcing 104

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

EazyStock

JANUARY 18, 2019

The International Warehouse Logistics Association (IWLA) brings an extensive network of warehouse logistics leaders together with warehousing suppliers in this three-day trade show. If you’re looking to improve your warehouse logistics, this event is the right choice for you! www.scmworld.com. 2019 IWLA Convention & Expo.

Supply Chain Optimization 53

Supply Chain Optimization Supply Chain Efficiency Logistics Supply chain 53

Let's Talk Supply Chain

FEBRUARY 25, 2025

With over 15 years of experience in optimizing supply chain operations,Smith’s appointment signifies the company’s‍ commitment to further enhancing its logistical efficiency and sustainability initiatives.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Ethics 52

Procurement Insights

APRIL 8, 2025

Example During a port strike, agents reroute shipments via alternative suppliers/logistics partners. Decision-Making Intelligence Factor Agent-Based Model (Metaprise) Equation-Based Intake & Orchestration Decision Logic Agents use AI/ML to learn from data, negotiate terms, and optimize outcomes across the network.

Supply Chain Optimization 69

Supply Chain Optimization Supply Chain Efficiency Procurement Agile and Lean Supply Chain 69

Let's Talk Supply Chain

FEBRUARY 12, 2025

The primary issues plaguing metal packaging producers include: Cost Escalation: With the introduction of new tariffs, production costs‍ have surged, putting strain on the already tight margins of metal packaging producers.

Raw materials 52

Raw materials Supply Chain Optimization Supply Chain Efficiency Supply chain 52

SCMDOJO

OCTOBER 7, 2024

The holistic approach requires that accentuates the role of Cost Efficiency vs Cost Effectiveness in every aspect of the supply chain, from planning, sourcing, and operations, to logistics and distribution. Cost and profitability are the vital component of any successful business. to the Cost incurred.

Supply Chain Efficiency 92

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 92

SCMDOJO

AUGUST 28, 2024

Reduced Costs: Optimized warehousing practices minimize storage costs, optimize inventory levels, and streamline picking and packing processes, leading to significant cost savings. This leads to higher customer satisfaction and loyalty.

Real-time Visibility 98

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

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Multi-tier supplier collaboration involves building transparency with and beyond your first tier suppliers.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Insights

APRIL 4, 2025

Rank Conference Reasoning 1 SIG (Global Executive Summit) SIG stands out for its practitioner-driven focus on procurement best practices, cost optimization, and supplier management. Its emphasis on actionable strategies (e.g., CPO roundtables, SIG University workshops) and real-world procurement execution (e.g.,

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Procurement 52

Jaggaer

OCTOBER 24, 2024

As procurement and supply chain leaders seek to optimize performance, collaboration with suppliers becomes a strategic tool for creating value for the business. From basic cost optimization to leveraging technology, we’ve laid out our six best practices for building and maintaining collaborative supplier relationships.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain software solutions 52

Skill Dynamics

JUNE 26, 2024

Our programs are designed by subject-matter experts and endorsed by the Chartered Institute of Logistics and Transportation (CILT) and the International Federation of Purchasing and Supply Management (IPFSM), ensuring that participants acquire the right knowledge combined with relevant and practical skills.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 52

SCMDOJO

SEPTEMBER 24, 2024

Importance of Make vs Buy in Supply Chain The Make vs Buy Analysis is critical for optimizing supply chain operations. Here’s why it matters: Cost Optimization : Internal manufacturing may involve higher upfront investments, but it can reduce long-term production costs.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain budgeting Supply chain management Supply chain management 98

SCMDOJO

JUNE 6, 2023

Cost Optimization & Spend Analysis Data analytics can help analyze spending patterns throughout a business’s supply chain. Data-driven insights can also help detect opportunities for cost optimization. Data insights can streamline collaboration and data sharing with suppliers, logistic partners, and customers.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Let's Talk Supply Chain

NOVEMBER 6, 2023

A leader in the reverse logistics space, T.J. applies her extensive experience in logistics, data management, tech development, and statistical analysis to deliver innovations that help clients reduce returns-related costs, optimize the customer experience, and improve sustainability. 14-15 in Atlanta.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 52

SCMDOJO

JUNE 6, 2024

Deepen Your Expertise: As you progress, delve into specialized topics like cost optimization, risk management, and supply chain sustainability. supply chain, logistics) and are interested in acquiring the specialized knowledge needed to excel in procurement. What Prior Knowledge is Required?

Procurement 105

Procurement Supply Chain Optimization Supply Chain Efficiency Ethics 105

SCMDOJO

MARCH 25, 2024

Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Cost Optimization and Operational Efficiency: At the initial stage of the installation of the robotic technologies, it might be a very costly process.

Supply Chain Efficiency 98

Supply Chain Efficiency Warehouse operations Supply Chain Optimization supply chain software solutions 98

Procurement Templates

MARCH 3, 2024

Categories can range from raw materials, components, and finished goods to services such as IT, marketing, facilities management, and logistics. Cost Optimization : Market intelligence provides insights into pricing trends, cost structures, and cost drivers within specific markets and industries.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

Una

OCTOBER 12, 2023

The primary motivation for nearshoring is to benefit from cost savings while maintaining cultural and logistical proximity, which can reduce risks and enhance collaboration. Rightshoring Rightshoring is a strategic approach that focuses on finding the optimal balance between onshoring, offshoring, and nearshoring.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

World of Procurement blog

MAY 8, 2024

Effective supply chain management (SCM) provides numerous benefits: Increased Profitability Efficient SCM reduces costs associated with production, inventory holding, transportation, and logistics. It eliminates waste and enables companies to manufacture products at lower costs.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

SCMDOJO

APRIL 4, 2023

For example, technology like this allows organizations to keep track of inventory levels in real-time for better cost optimization decisions or offer customers more accurate estimates on when their orders will arrive. The picture below shows basic understanding of SCM analytics systems architecture.

Supply Chain Analytics 111

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

Finale Inventory

AUGUST 16, 2024

However, JIT requires precise demand forecasting, strong supplier relationships, and efficient logistics. Additional Strategies for Inventory Optimization Implementing an ABC analysis can further refine inventory management. Carrying Costs : Calculates expenses related to holding inventory, providing insights into cost optimization.

Inventory 52

Inventory Strategy Supply Chain Efficiency Order Fulfillment 52

Arkestro

NOVEMBER 5, 2024

For example, optimizing procurement processes, logistics, distribution, warehousing, and more can effectively lower manufacturing and supply chain costs. However, as procurement teams know, optimizing these processes is multifaceted and complex, especially at scale.

Procurement 52

Procurement supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Arkestro

OCTOBER 10, 2023

Then we’ll discuss how AI and other innovative technologies are removing current complexities, allowing oil and gas companies to reduce costs, optimize supply chains, and make data-driven decisions. They span the globe and involve multiple stakeholders, intricate logistics, and myriad interconnected processes.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Supply chains have become so finely tuned to drive down waste and costs, that when supply chain leaders needed to make decisions quickly to address dramatic shifts in supply, demand and logistics, their options were limited. How to get started with supply chain resiliency . Keep customers front and center.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

IBM Supply Chain Blog

AUGUST 8, 2023

Whether you’re dealing with logistics, supply chains, audits, IT service management , maintenance operations, personnel management or even wellness programs, a comprehensive asset management solution can strengthen business functions, improve quality and efficiency and ultimately increase profits.

supply chain software solutions 50

supply chain software solutions Management Real-time Visibility Supply Chain Optimization 50

Jaggaer

DECEMBER 13, 2024

Source-to-pay is strategic in nature, emphasizing the importance of identifying the best suppliers and negotiating the best terms but also supplier collaboration, cost optimization, risk management, and innovation. At the end of the S2C process, conceptually at least, no orders have been placed and no money has changed hands.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Empowering CPO

JULY 16, 2023

Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Empowering CPO

JULY 16, 2023

Through our technologically advanced and innovative approach, we have been successful in helping businesses reduce costs, optimize supplier relationships, manage procurement risks, and ultimately drive profitable growth. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Empowering CPO

JUNE 27, 2023

It’s not just about cost-cutting—it’s about cost optimization and strategic decision-making. By combining spend data with supplier performance metrics, inventory data, and logistics information, organizations can gain a holistic view of their procurement processes.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 52

Let's Talk Supply Chain

NOVEMBER 2, 2022

Now, with the PacSimulate platform, the same cost-optimizing technology can be used to determine which size cartons should be used for shipping in every DC and store. Working in the logistics tech space since 2009, James has helped design a variety of enterprise shipping technology including an award-winning multi-carrier TMS.

Supply Chain Optimization 64

Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency 64

EazyStock

FEBRUARY 13, 2019

Let’s dig into the future supply chain trends that could transform your supply chain and logistics operations! But these additional warehouses and storage facilities need to be cost optimized to really reap the reward of distributed inventory, which puts focus on accurate demand forecasting among other inventory management techniques.

Supply chain management 45

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 45

HICX

JANUARY 18, 2024

When we extend supply chains for cost optimization, we make them very brittle and susceptible to risk,” she explains. The future is much less linear and more layered, while still covering plan, source, make, deliver and reverse logistics, like before. Underpinning everything in our supply chains is data.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Supply Suppliers 52

SCMDOJO

DECEMBER 5, 2024

Download Free Procurement KPIs Cheat Sheet PDF Importance of Inventory Life Cycle Management Cost Optimization: Efficient inventory management helps reduce holding costs, transportation costs, and potential losses due to stockouts or spoilage. Distribution/Logistics Timely and cost-effective product delivery.

Inventory 98

Inventory Management Supply Chain Optimization Supply Chain Efficiency 98