The Good Spending

APRIL 2, 2023

Our colleagues tend to accept the business demand for granted and not try to understand or, God forbid, challenge it. When discussing value generation , we mainly mention category management, stakeholder relationships, and supplier innovation. The lion's share of procurement value could be created in the planning stage.

Procurement 98

Procurement Demand Planning Budget Category management 98

ivalua

SEPTEMBER 3, 2015

In Greg’s last blog post , he discussed three areas where supplier collaboration is creating value for the manufacturer from product design through demand planning: innovating, costing, and planning. It requires the building of trust and the development of shared goals. But collaboration is not reserved for suppliers.

Collaboration 100

Collaboration Sourcing Suppliers Management 100

Skill Dynamics

OCTOBER 18, 2023

Additionally, if your employees are highly proficient, they can help to create an atmosphere that fosters innovation and can even influence your business’ stock market performance. A proficient team will drive innovation Skill proficiency and innovative thinking are closely intertwined.

Innovation 52

Innovation supply chain budgeting Supply chain Supply 52

SCMDOJO

FEBRUARY 20, 2023

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. Improve Demand Planning Process Supply Chain Management is a collection of complex functions that work together to achieve one common goal – customer satisfaction.

Strategy 112

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 112

Let's Talk Supply Chain

MARCH 8, 2024

The industry has transformed dramatically with digitalization, globalization, innovation – but then we also, despite those advancements, still have issues with disruption that we can’t control…. 23.51] From demand planning and inventory to AI, the trends to look out for in 2024.

supply chain budgeting 96

supply chain budgeting Supply Chain Optimization Supply chain Supply 96

Procurement Templates

NOVEMBER 21, 2024

Develop Long-term Relationships: Establish partnerships with key suppliers to foster trust and innovation. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., Conduct Supplier Assessments: Regularly evaluate supplier performance using scorecards focused on quality, delivery, and cost.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Supply Chain Trend

NOVEMBER 16, 2016

The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. 64% think there is not enough coordinated innovation in S&OP processes. Across countries, we implemented common planning processes, reporting and KPIs.

supply chain budgeting 115

supply chain budgeting Supply Chain Efficiency Innovation Supply chain 115

Procurement Insights

MAY 26, 2024

By deploying innovative AI solutions, ALDI aims to optimize its supply chain, improve customer service, and lead sustainability efforts in the industry.” “Thai Union exercised an outsized influence on the Company’s shrimp purchasing,” Red Lobster alleged in its bankruptcy filing.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

ivalua

MAY 21, 2014

Innovation cycles are short and becoming shorter. Fuel innovation with processes and analytics. Professionals in demand planning, procurement, logistics, fulfillment, sourcing: step up and take ownership of your area. In 2004, Walmart wasn’t concerned about Amazon; it was just an upstart online bookstore.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 100

SCMDOJO

JUNE 21, 2023

Strategic procurement outsourcing involves the application of innovative techniques by third-party providers. 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 99

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 99

Supply Chain Trend

AUGUST 13, 2020

For example, demand sensing has been used to update short term demand plans based on automatically detected changes in sales orders, point of sales information, competitor activity, and other drivers. A system can automatically ship stock across the supply chain to optimize customer service and minimize obsolescence.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Supply Chain Trend

NOVEMBER 14, 2016

The S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. 64% think there is not enough coordinated innovation in S&OP processes. 68% think behaviours are not addressed enough in S&OP implementations.

Supply Chain Optimization 119

Supply Chain Optimization supply chain software solutions Strategy Supply chain 119

Let's Talk Supply Chain

JANUARY 1, 2024

  Today I’m joined by RELEX Solutions , an innovative tech brand who’s unified supply chain and retail planning platform helps retailers and consumer brands sell more and waste less. 21.48] A closer look at RELEX’s demand planning software, and how it’s creating impactful results for clients.

Supply Chain Optimization 52

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

Spend Matters

AUGUST 15, 2024

This dependency also fosters complacency among legacy tech vendors, hindering innovation and regular updates. For instance, while individuals can use sophisticated weather apps to make informed decisions, many 2024 supply chain systems still struggle to incorporate real-time weather data into demand planning and supply management.

supply chain software solutions 102

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 102

SCMDOJO

JANUARY 23, 2023

.” 4) Supply Chain Planning and Analytics: The Right Product in the Right Place at the Right Time (Supply and Operations Management Collection) Supply Chain Planning and Analytics is a book that covers the decision-making process of determining how many goods to procure, make, and deliver without knowing the exact product demand.

Supply Chain Analytics 129

Supply Chain Analytics Supply Chain Optimization supply chain software solutions supply chain budgeting 129

Procurement Tactics

JUNE 6, 2023

Thus, you will be able to predict your supply chain which will help you meet your customers’ demands. Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs. What is Inventory Forecasting?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Solvoyo

FEBRUARY 27, 2020

When asked about the top organizational inhibitors preventing retailers from innovating, 60% of the RSR research respondents called out legacy technologies as the main challenge. We believe that AI and Machine-learning are quickly becoming differentiating capabilities for Demand Planning and Replenishment solutions.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 52

Solvoyo

FEBRUARY 27, 2020

When asked about the top organizational inhibitors preventing retailers from innovating, 60% of the RSR research respondents called out legacy technologies as the main challenge. We believe that AI and Machine-learning are quickly becoming differentiating capabilities for Demand Planning and Replenishment solutions.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply chain 52

Let's Talk Supply Chain

JULY 20, 2023

Zarrin Lilani on How Women Lead in Supply Chain At Let’s Talk Supply Chain, we’re passionate about closing the gender gap to expand innovation through diversity. For more than a decade, Zarrin has dedicated her career to finding smarter and more sustainable supply chain planning approaches and technology solutions. I moved to the U.S.

supply chain software solutions 98

supply chain software solutions Agile and Lean Supply Chain Supply chain Supply 98

Spend Matters

MAY 8, 2023

As is the usual case for Coupa, the product was co-innovated closely with large global customers. Forecast collaboration on forecasts and demand plans to anticipate shortages or bottlenecks and automate exception management. It includes (by order of priorities in Coupa's current development cycle): 1.

Spend management 75

Spend management Management Real-time Visibility Collaboration 75

The Good Spending

SEPTEMBER 2, 2023

When sourcing "new tasks" - still unknown for the use of unique objects (mostly integrated and innovative) - the main task is to determine the solution that best meets the needs of the business and a supplier who can implement that solution optimally. In the IT department itself, such planning is challenging.

Sourcing 59

Sourcing Procurement Category management Demand Planning 59

Supply Chain Trend

MARCH 20, 2024

One crucial aspect of this decision-making process occurs in the sales and operations execution horizon—a critical 13-week window where key stakeholders gather weekly to navigate the complexities of demand planning, supply management, inventory allocation, and more.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 60

EazyStock

JANUARY 17, 2022

Improving Demand Forecasting and Demand Planning. Companies are increasingly focusing on improving their demand forecasting and demand planning. Many businesses have realized that demand forecasting for inventory management isn’t easy, especially in current circumstances.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Efficiency 52

Arkestro

DECEMBER 26, 2024

In 2025, businesses will focus on building strong partnerships with suppliers to enhance reliability, drive innovation, and manage risks more effectively. Our innovative platform has helped organizations increase efficiency, improve supplier relations, and make quicker and better-informed decisions through data-driven insights.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Supply Chain Trend

OCTOBER 31, 2016

My S&OP Pulse Check 2015 suggests S&OP practitioners are left behind in confusion: 62% of respondents think there is not enough innovation in S&OP systems. 64% think there is not enough coordinated innovation in S&OP processes. 68% think behaviours are not addressed enough in S&OP implementations.

Supply Chain Optimization 121

Supply Chain Optimization Supply Chain Efficiency Leadership Supply chain 121

SCMDOJO

JULY 13, 2022

In addition, you also get innovative hiring solutions, including job postings, branding solutions, and career site solutions, to simplify hiring suitable candidates across various roles, functions, and experience levels.

Supply chain 123

Supply chain Supply Supply chain management Supply chain management 123

Skill Dynamics

JANUARY 9, 2025

Many organizations make use of advanced statistical methods and intelligent machine-learning models to conduct accurate predictive analyses on future demand patterns. All of this leads to more effective demand planning which will ultimately benefit the business. There are challenges, however.

supply chain budgeting 52

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

EazyStock

NOVEMBER 18, 2022

Backed by software experts that drive innovation, our customer team will get you set up quickly and drive results for your business. Backed by software experts that drive innovation, our customer team will get you set up quickly and drive results for your business. The post EazyStock for NetSuite has launched appeared first on.

Purchase orders 52

Purchase orders Inventory Demand Demand Planning 52

Arkestro

JANUARY 4, 2023

But if there’s one advantage, it’s that crisis creates change and the potential for innovation. scenario-driven demand plans. Disruptions became so common Collins Dictionary named 2022’s word of the year permacrisis. As Winston Churchill once said, “Never let a good crisis go to waste.” should-be cost models.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

Supply Chain Opz

AUGUST 2, 2017

The quest then lies within forecasting, which seeks to provide the best possible estimate of future sales to enable the organization to effectively plan to meet that future requirement. Given that demand can change every day, forecasting becomes the ultimate adventure.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain Demand Planning Supply 40

Finale Inventory

SEPTEMBER 4, 2024

This might involve exploring new distribution channels, innovative delivery methods, or sustainable practices. Staying agile and adaptable helps businesses remain competitive and meet the evolving demands of the ecommerce sector.

Supply Chain Efficiency 52

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

Jaggaer

OCTOBER 24, 2024

Streamlining operations and collaborating deep into the sub-tiers of your suppliers don’t have to be mutually exclusive.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

EazyStock

NOVEMBER 18, 2022

Backed by software experts that drive innovation, our customer team will get you set up quickly and drive results for your business. Book a demo to learn more about EazyStock’s functionality and how it can make your demand planning easier. The post EazyStock for NetSuite has launched appeared first on EazyStock.

Purchase orders 52

Purchase orders Inventory Demand Demand Planning 52

Let's Talk Supply Chain

JUNE 15, 2023

When investing in any last-mile delivery technology assess the technology provider’s commitment towards regular updates and innovation. Future-proofing: Technologies get outdated and quickly become obsolete. In Conclusion The last-mile delivery market is brimming with technology that can help improve delivery operations.

Route optimization 98

Route optimization Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

JULY 31, 2019

Get your Supply Chain in order, and you might avoid pain, but you’ll also experience innovation and opportunities to improve your customer experience in ways you never thought were possible. That’s how Supply Chain has always advocated for itself, and you may have even heard about these considerations before.

Supply Chain Efficiency 72

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

Supply Chain Game Changer

AUGUST 6, 2020

Customer-centric strategies, innovativeness, flexibility and responsiveness with higher emphasis on fulfilling consumer expectations are the key drivers in this digital era. Data Driven Supply Chain Innovation with Digital Twinning. Supply Chain Innovation. This innovation would be derived from the data and the model used.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Let's Talk Supply Chain

MAY 4, 2023

Something Big Is Coming To Supply Chain When you’re looking for cutting-edge resources on innovation and trends across supply chain, where do you go? That’s as dynamic and innovative as you are. Have you heard? Until now. No more noisy, multi-use spaces. No more elitism. No more multiple subscriptions and memberships.

Supply chain 52

Supply chain Supply Networking Collaboration 52