SCMDOJO

APRIL 11, 2025

Control Costs: Track value beyond just the purchase price and manage inventory effectively. A lower TCO indicates better value sourcing, even if the initial purchase price isn’t the absolute lowest. Is the initial negotiation focused too much on price alone? Internal warehouse or planning problems?

Supply Chain KPIs 52

Supply Chain KPIs Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52

SCMDOJO

JANUARY 29, 2025

Identifying areas for cost reduction, such as improving production efficiency, minimizing waste, and negotiating better prices with suppliers. Improve Efficiency: Identify and eliminate bottlenecks in the supply chain, which will speed up order fulfillment and reduce lead times.

Supply Chain Optimization 98

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

SCMDOJO

SEPTEMBER 19, 2024

At a time when businesses are evolving at a rapid pace, the significance of supply chain management continues to grow, becoming an essential part of operations for companies around the globe. Two platforms that stand out in this field are SCMDOJO academy and Coursera supply chain courses , among many others.

Supply Chain Efficiency 98

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

SCMDOJO

OCTOBER 8, 2024

As someone deeply invested in the field of supply chain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. Supply chain management is not an entirely academic discipline; it’s about solving real-world problems.

Agile and Lean Supply Chain 98

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

SCMDOJO

OCTOBER 8, 2024

As someone deeply invested in the field of supply chain management, I’ve had the opportunity to explore and interact with various learning platforms throughout my career. Supply chain management is not an entirely academic discipline; it’s about solving real-world problems.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 97

Arkestro

DECEMBER 26, 2024

As the procurement industry and supply chains become more tech-driven and complex, one fact is clear: companies that embrace industry trends will be best positioned to thrive in the challenging procurement landscape of 2025 and beyond. Here are five key trends that will shape procurement and supply chain management in the coming year.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

SCMDOJO

DECEMBER 14, 2023

They engage with suppliers on behalf of the client, discussing pricing, payment terms, delivery schedules, and other critical aspects. Whether it’s hammering out pricing details or establishing beneficial payment terms, their negotiation skills can make a significant impact on your bottom line.

Sourcing 104

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

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.

Supply Chain Optimization 98

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

Spend Matters

AUGUST 15, 2024

Bad Practice 3: Replacing over-reliance on legacy tech vendors with a resilient approach Supply chain managers recognize dual sourcing for critical materials and parts as an essential resiliency practice. 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

Una

AUGUST 2, 2022

Character recognition enables the AI to extract key data points such as pricing and timelines, then provide analytics based on this data. Benefits of Cloud-Based Supply Chain Management. Self-service. No procurement process can be considered fully automated without self-service. Get new resources weekly! Related Posts.

Procurement 98

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

SCMDOJO

AUGUST 16, 2023

[Read More: Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth ] Walmart’s Supply Chain: Integrated Supply Chain Success Data-Driven Success Factors In the realm of modern supply chain management, data-driven strategies play a pivotal role in enhancing a company’s competitiveness.

Supply Chain Efficiency 98

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

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. We believe many practices in global supply chain management can be applied in every industry. These are three examples: Rule 3.1:

Agile and Lean Supply Chain 109

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

Supply Chain Game Changer

JULY 28, 2020

If done correctly your Parallel Supply Chain can theoretically light a competitive fire under your main Supply Chain participants. Knowing that some other competitor can do the same work it should keep their terms, service and pricing more competitive.

Supply chain 100

Supply chain Strategy Supply Distribution channels 100

Supply Chain Brain

MAY 7, 2018

to the complex exercise of pricing. of course, has the potential to affect multiple stages and functions of the supply chain. But pricing — given its dependence on a host of ever-changing factors — seems an especially fertile target for the technology. pricing model. “If In its purest form, A.I. Can the A.I.-driven

Price 40

Price Raw materials Supply Chain Optimization Supply chain 40

Supply Chain Game Changer

NOVEMBER 18, 2018

Coffee is consumed throughout the year and the world coffee demand continues to show significant growth. Supply chain management in the coffee sector is therefore not heavily dependent on seasons (and coffee can even be grown year-round) which simplifies the demand planning process. Conclusion.

Supply Chain Optimization 49

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 49

Finale Inventory

JULY 11, 2024

This detailed data helps retailers not only track inventory but also make informed decisions regarding purchasing, pricing, and marketing strategies. This valuable insight enables retailers to forecast demand, plan promotions effectively, and tailor product offerings to meet customer preferences.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Inventory supply chain budgeting 52

IBM Supply Chain Blog

SEPTEMBER 7, 2021

Inventory allocation has never been easy, but a less clear picture of demand makes forecasting, planning and allocation increasingly complicated. What is demand planning?

Inventory 52

Inventory Demand Supply Chain Efficiency Management 52

Supply Chain Game Changer

SEPTEMBER 29, 2020

The global Inventory management business processes that we focussed on made phenomenal improvements: Supply/Demand Planning. The gap in our ERP planning between demand and supply was reduced by 85%, resulting in a significant reduction in over ordering. Raw Material Management.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Supply Chain Game Changer

NOVEMBER 23, 2018

Configured a highly structured and efficient reverse logistics program to supplement demand inventory and reduce sourcing costs. ModusLink immediately tackled the forecasting and demand challenges. by implementing its proven demand planning methodology.

Supply Chain Optimization 43

Supply Chain Optimization Logistics supply chain budgeting Supply Chain Efficiency 43

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Lots of things are happening in Supply Chain Management! The field is becoming more digital, with end-to-end planning and blockchain technologies transforming the way products are coming to market.

Supply Chain Efficiency 49

Supply Chain Efficiency Supply chain Supply Logistics 49

Finale Inventory

JULY 23, 2024

Inventory management in ecommerce includes a complex system of processes and technologies that work together to streamline the flow of goods from suppliers to customers. It covers inventory forecasting, demand planning, order fulfillment, and warehouse management.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 10, 2018

With pricing under pressure from recession-scarred consumers, the temptation for retailers is to transfer the pain upstream to their suppliers by passing on price reductions and forcing them to bear an increasing share of costs. Invest in the Right Infrastructure and People.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

Supply Chain Game Changer

NOVEMBER 22, 2018

Further others are able to change the prices for goods so you need to be diligent in ensuring that items are not overpriced. You can also alter the price you want to sell items for in some cases. Supply/Demand Planning. Farmville is all about Supply/Demand Planning.

Agile and Lean Supply Chain 46

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Raw materials 46

Finale Inventory

AUGUST 20, 2024

When you buy in larger quantities, suppliers may offer discounts or lower wholesale prices, saving you on both product costs and transportation expenses. Improved Product Availability: By purchasing larger quantities, you can maintain a more consistent supply of products.

Quantity 52

Quantity supply chain budgeting Inventory Supply Chain Efficiency 52

The Procuretech Podcast

OCTOBER 3, 2022

It should be supply chain and procurement people with relevant knowledge who get to select the software used, but because there are such costs involved, it often becomes more of a finance decision. But price should come later as a consideration. On Demand, modular best-of-breeds, and why we need them.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Supply Chain Game Changer

AUGUST 6, 2020

The mass adoption of digital emerging technologies influences the operations of companies’ logistics and supply chain management. Supply chain orchestration platform aims to leverage various cutting-edge technologies (i.e.

Supply Chain Optimization 78

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

Planergy

DECEMBER 8, 2022

How to Choose the Right Type of Demand Forecasting for Your Business. Forecasting is the process of estimating future demand for a product or service. Businesses use demand forecasting to make decisions about production levels, pricing, inventory management, and other factors impacting their bottom line.

Demand 52

Demand Data supply chain software solutions Inventory 52

Supply Chain Game Changer

DECEMBER 6, 2018

They had to do research on the different products, compare brands and item specifications, compare pricing, look at product reviews, check out safety levels, and more. Like all baby related items they can also be supplied online or in store and picked up or delivered. plastics, wood) result in an endless array of toy and book products.

Supply chain 43

Supply chain Supply Logistics Demand Planning 43

Supply Chain Game Changer

NOVEMBER 12, 2018

Supply/Demand Planning. The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. Price is obviously a key point of negotiation.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

SCMDOJO

JUNE 21, 2023

[Read More: How Service Level Agreements (SLAs) Can Propel Your Supply Chain ] SCaaS: Strategic Procurement Strategic procurement is the subsequent phase in SCaaS, recognized as a crucial department in supply chain management. Why outsource Demand Planning?

Supply Chain Optimization 105

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

The Network Effect

DECEMBER 5, 2014

Using this method means a price must be paid in lost sales along with excess and obsolete inventory. Former demand planning sales executives have estimated that as many as 60% of demand planning system implementations have failed. Pull, and the new cloud-based supply chains. and 4 years to implement.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Demand Supply chain 70

Supply Chain Game Changer

FEBRUARY 8, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! I recently saw the headline for an article which said that Supply Chains are NOT broken, but rather it is just a demand planning issue. I couldn’t believe it.

Supply chain 90

Supply chain Real-time Visibility e2e Supply 90

SCMDOJO

DECEMBER 17, 2024

SCMDOJO SCMDOJO is the hub of supply chain management products. It offers on-demand courses with massive flexibility. SCMDOJO provides competitive pricing, with most courses available for $49. Watch videos on SCMDOJOs YouTube channel to learn more about its products, pricing, and features! Click here!

supply chain budgeting 52

supply chain budgeting Supply chain management Supply chain management Supply chain 52