Una

SEPTEMBER 6, 2022

Perhaps the size of your team has been reduced, your function’s operating budget has been cut, or there is an organization-wide drive to eliminate waste and increase efficiency. Reducing paperwork such as lengthy RFP documentation to a lean canvas (otherwise known as a “plan on a page”). By Hugo Britt | September 6, 2022.

Agile and Lean Supply Chain 98

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

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. Yet often the Supply Chain is undervalued. As such there can be unrelenting pressure to continue to cut costs. Promoting Supply Chain Value.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Procurement Tactics

SEPTEMBER 9, 2022

The History and Definition of the Kraljic Matrix. The purpose of why he created the Matrix was to help companies in maximizing supply security and reduce costs by using most of their purchasing power. Thus, using their time more effectively while minimizing supply risks in their organization.

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

World of Procurement blog

JULY 27, 2021

The definition of Procurement is “the process or act of procuring”. You were probably expecting us to state it is “to buy or purchase a service or an object”. Whilst Procurement can often be carried out via a purchase, it is more than just purchasing. Procurement is a vital part of Supply Chain Management.

Procurement 52

Procurement Procurement team supply chain budgeting Contract management 52

Finale Inventory

JUNE 21, 2024

This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses. They indicate how effectively raw materials are being utilized and replenished.

Raw materials 52

Raw materials Import Supply Chain Efficiency Inventory 52

Finale Inventory

JUNE 21, 2024

This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses. They indicate how effectively raw materials are being utilized and replenished.

Raw materials 52

Raw materials Import Supply Chain Efficiency Supply Chain Optimization 52

SCMDOJO

APRIL 26, 2023

Now let us provide you with an apt Category Management definition. Category management is a strategic approach to procurement, as defined by the Chartered Institute of Procurement and Supply (CIPS). Both purchasing and supplying organizations must be ethical in their dealings throughout the category management process.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Supply Chain Opz

AUGUST 3, 2014

Supply Chain Metrics are one of the most important best practices in supply chain management because " You can''t manage what you can''t measure ". This article will explain to you 7 kind of supply chain metrics that you should pay special attention to.

supply chain budgeting 63

supply chain budgeting Supply chain Inventory control Inventory 63

Supply Chain Game Changer

FEBRUARY 4, 2020

Subscribe to Supply Chain Game Changer. Quantum Leap to the Top 10 Supply Chain Skills of the Future! The phrase “Supply Chain Management” was originally coined by Keith Oliver in 1982 and subsequently gained increasing popularity as its usage was proliferated in books and language.

supply chain budgeting 67

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 67

Pipefy

MAY 22, 2024

A brief introduction to total cost of ownership (TCO) Total cost of ownership refers to all of the expenses that are incurred when purchasing, implementing, deploying, maintaining, and using a product, tool, or equipment. This also includes any time costs associated with downtime, training, or other productivity losses.

Cost of ownership 52

Cost of ownership Purchasing supply chain software solutions Supply Chain Optimization 52

Positive Purchasing

NOVEMBER 1, 2023

Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. I have a healthy budget, but am struggling to find the right fit – what would you say to me? New or growing tech businesses must decide whether to spend their limited budgets on product, sales and marketing, or on people.

Procurement 111

Procurement supply chain budgeting Category management Budget 111

Finale Inventory

JULY 22, 2024

This article will cover SKU rationalization, including its definition, benefits, and practical examples in ecommerce. This approach helps businesses align their inventory with customer demand, reduce costs, and enhance overall operational efficiency, leading to improved profitability and customer satisfaction.

Inventory 52

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

Finale Inventory

JULY 22, 2024

Anticipation inventory is a key element of supply chain management, where companies strive to balance having sufficient stock to meet customer demand while preventing unnecessary surplus that ties up capital. Supply chain management also plays a significant role. First, accurate sales forecasting is vital.

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Demand 52

SCMDOJO

JULY 3, 2023

Read More: Top 10 Supply Chain Management Courses to Boost Your Career ] Accreditation and Industry Recognition Check to see if the training programme is acknowledged by the procurement sector or accredited by the relevant professional organizations. What is procurement and purchasing Lesson 2. Types of procurement.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

Pipefy

DECEMBER 10, 2022

The purchasing process is a critical element of a company’s overall procurement department. No matter the size of your company, how you structure your purchase process has a direct impact on your company’s ability to control costs, manage risks, and maintain process resilience as supply chains evolve.

Purchasing 52

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

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. Inventory management starts with the fundamental in and out of your supply chain. Effective inventory management reduces costs for you, and for the consumer means faster delivery and lower shipping charges. Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. Build more efficient processes with the Definitive Guide to Workflow Management Download now What is operational efficiency?

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

Supply Chain Trend

JUNE 29, 2023

In two articles, based on the webinar “XP&A in action: Enhancing FP&A Agility with Supply Chain Planning” , I will discuss the future of xP&A and supply chain planning. Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Una

MARCH 21, 2023

As a group purchasing organization, Una is passionate about leveraging the combined purchasing power of our members to lock in savings on the goods and services they need to run their businesses. Will the budget have to shift away from the number or types of activities offered to cover the rising cost of food?

Purchasing 95

Purchasing Price Contract supply chain budgeting 95

Supply Chain Game Changer

NOVEMBER 22, 2021

Subscribe to Supply Chain Game Changer. Brand Protection – The Definitive Role of the Supply Chain! This could intrigue and potentially encourage them to come inside, see your offerings, stay for a while, and make a purchase. appeared first on Supply Chain Game Changer™. Subscribe Here!

supply chain budgeting 98

supply chain budgeting Supply chain Influencing Budget 98

Empowering CPO

JUNE 20, 2023

Spend analysis, an often overlooked yet critical component of procurement, is all about extracting those stories from stacks of invoices, purchase orders, and contracts. In the realms of procurement and supply chain management, spend analysis is a game changer.

Real-time Visibility 52

Real-time Visibility Data Purchase orders Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 13, 2018

And What is Purchasing? From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business. The fundamental objective of any organisation is lowering the cost of goods manufactured. Today reducing cost is no longer enough.

Strategic sourcing 73

Strategic sourcing Strategic sourcing Procurement supply chain budgeting 73

NLPA (Next Level Purchasing Association)

JANUARY 6, 2025

What makes FIFO (First-In, First-Out) such a vital strategy for inventory management in Purchasing and Procurement? In the fast-paced and ever-changing world of supply chains, FIFO stands out as a simple yet transformative approach. FIFO enables leaner operations, reduces costs, and ensures accurate inventory valuation.

Procurement team 52

Procurement team Agile and Lean Supply Chain Procurement Supply Chain Efficiency 52

Empowering CPO

JUNE 20, 2023

Introduction In an era defined by data-driven decision-making, Spend Analysis has emerged as a game-changer, steering businesses towards more strategic, efficient, and cost-effective operations. When applied to Supply Chain Management, Spend Analysis serves as an invaluable tool.

Supply chain management 40

Supply chain management Supply chain management supply chain budgeting Supply Chain Efficiency 40

Una

JUNE 8, 2023

We need to focus on those that are critical for maintaining a reliable supply chain, optimizing costs, driving innovation, improving efficiency , and supporting strategic objectives. There are plenty of definitions available online, but in my opinion one of the best comes from Oboloo.

Suppliers 52

Suppliers Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 52

Procurement Software

NOVEMBER 28, 2022

In other words, I would lump e-sourcing, contract management and certain supply chain risk and resilience technology into this definition too. I would exclude procurement technology around ESG, planning and SRM from this definition, as these are typically less analytics focused.

Procurement 59

Procurement supply chain software solutions supply chain budgeting Supply Chain Efficiency 59

Supply Chain Game Changer

MARCH 18, 2021

Subscribe to Supply Chain Game Changer. Procurement, in the context of Porter’s modeling, has a very narrow definition as a function: ‘Responsible for the acquisition of inputs, or resources, for the firm.’ Lack of support from senior leadership, and failure to secure budget is no winning formula for procurement excellence.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61

Pipefy

FEBRUARY 13, 2023

Build better workflows with the Definitive Guide to Workflow Management Download now What is procurement? Procurement is the process businesses use to source and obtain goods/services from external suppliers to achieve strategic objectives and fulfill business needs or purchase requests. Is acquisition part of procurement?

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Supply Chain Opz

JULY 31, 2012

Air Force decided to implement a spend analysis program due to a budget cut. They conducted an extensive literature search, carried out an extensive analysis and published the result in the report called " Using a Spend Analysis to Help Identify Prospective Air Force Purchasing and Supply Management Initiatives ". Discussion.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain management Supply chain management 40

NLPA (Next Level Purchasing Association)

JUNE 23, 2022

To eliminate confusion between past and current definitions, the term executive Sales and Operations Planning , or eS&OP , was coined by Thomas F. It intends to add clarity, referring to the executive or volume element of the morphed definition. appeared first on Next Level Purchasing Association (NLPA). Wallace and Co.,

Demand Planning 52

Demand Planning Demand supply chain budgeting Strategic planning 52

SCMDOJO

NOVEMBER 24, 2023

This article will walk you through the basic understanding of the warehouse management system (WMS), its features, how and where it fits with the supply chain, and different WMS systems. Read more about Warehouse Automation: Definition, Benefits and Issues at our Website SCM DOJO What is a Warehouse Management System (WMS)?

Supply Chain Efficiency 96

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 96

Arkestro

OCTOBER 3, 2024

From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends. Let’s dive into the definitions and the differences between the two.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Procurement Software

MARCH 11, 2022

Unlike for those who purchase direct materials, it’s much trickier to measure hard savings – i.e. those which are easily visible on the P&L statement – in the indirect space. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. Great for repeatable purchases.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Unlike for those who purchase direct materials, it’s much trickier to measure hard savings – i.e. those which are easily visible on the P&L statement – in the indirect space. Acknowledging cost avoidance: Why measuring procurement performance on hard savings alone is futile. Great for repeatable purchases.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Supply Chain Trend

NOVEMBER 27, 2016

To get some answers for S&OP practitioners, Niels van Hove from Supply Chain Trend interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. To get some answers for S&OP practitioners, Supply Chain Trend interviewed a group of S&OP leaders.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Leadership 100

Supply Chain Game Changer

AUGUST 29, 2019

Subscribe to Supply Chain Game Changer. Article written for Supply Chain Game Changer by, and permission to publish here provided by, Christina Morrison at [link]. But in this case, what a business doesn’t know most definitely can hurt it. The Supply Chain Control Tower! Subscribe Here! Email Address.

Inventory control 65

Inventory control Inventory supply chain software solutions supply chain budgeting 65