SCMDOJO

MARCH 19, 2024

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

Supply Chain Optimization 98

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

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 105

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

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. And while the tech industry job market is still anything but stable, supply chain leaders are still dealing with ongoing talent and resource shortage challenges.

supply chain software solutions 98

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

The Procuretech Podcast

OCTOBER 3, 2022

In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . He then moved to the UK for a PhD scholarship.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Optimization 78

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

Finale Inventory

AUGUST 20, 2024

This requires meticulous record-keeping, regular audits, and the use of technology such as inventory management software to streamline processes and enhance accuracy. This method ensures older stock is used or sold before newer stock, reducing spoilage and minimizing the impact of ingredient price fluctuations.

Inventory 52

Inventory Strategy Management Supply Chain Optimization 52

Finale Inventory

SEPTEMBER 17, 2024

A centralized system also lets you leverage automation and integrate with other essential business tools like your ecommerce platform or accounting software. Adopting inventory management software or an ERP system can automate many manual tasks, improve accuracy, and provide real-time visibility into your inventory.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

Supply Chain Trend

JULY 18, 2019

If you operate in the supply chain or the planning world, it is hard to not come across terminology like supply chain planning 4.0, ‘light touch’ planning or ‘lights out’ planning. Wave 1 – Enterprise Resource Planning. But planning was not the sole focus.

supply chain software solutions 60

supply chain software solutions Supply chain Supply Sourcing 60

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

supply chain software solutions 147

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

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Finale Inventory

JULY 11, 2024

They provide a unique identification for each product, simplifying tracking of stock levels, managing sales, and optimizing the entire supply chain process. This detailed data helps retailers not only track inventory but also make informed decisions regarding purchasing, pricing, and marketing strategies.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Inventory supply chain budgeting 52

Finale Inventory

SEPTEMBER 17, 2024

This information aids in making informed decisions about inventory planning, pricing, and marketing strategies. Businesses need to identify potential risks such as supply chain disruptions, market fluctuations, or shifts in customer preferences. Risk management is also an important part of inventory management.

Inventory 52

Inventory Real-time Visibility Supply Chain Efficiency Management 52

Una

AUGUST 2, 2022

According to Verified Market Research , the global procurement software market will grow from $5.5 Character recognition enables the AI to extract key data points such as pricing and timelines, then provide analytics based on this data. 5 Essential Technology Solutions for Businesses. billion (2020) to a projected $9.5

Procurement 98

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

World of Procurement blog

MAY 8, 2024

The goal is to find suppliers capable of delivering based on specifications, pricing, quality, capacity, and other factors. Contract Negotiation After selecting the best supplier, the procurement team negotiates final contract terms like pricing, service levels, delivery timelines, warranties, and other legal and commercial conditions.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 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? With sophisticated inventory promising software, retailers can improve in-store sales, as well as digital conversions, while increasing profitability.

Inventory 52

Inventory Demand Supply Chain Efficiency Management 52

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

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue. Tips for inventory planning during Black Friday.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue. Tips for inventory planning during Black Friday.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Real-time Visibility Inventory 52

Finale Inventory

JUNE 29, 2022

It could be because the supplier is unreliable or they ran into an issue out of their control with the supplies they need. A supply chain has a lot of moving pieces and does not always work as seamlessly as you hope, which is why it is important to plan for all types of scenarios. Effects of a Surplus.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Let's Talk Supply Chain

APRIL 21, 2023

Companies can best manage their outsourced carriers through carrier management software. Carrier management software, as part of a last-mile delivery platform, helps shippers manage carrier performance by providing real-time tracking and monitoring of shipments.

Networking 52

Networking supply chain software solutions Supply Chain Efficiency Logistics 52

The Procuretech Podcast

FEBRUARY 22, 2022

She studied Procurement and Supply Chain in Bordeaux and then moved into the corporate world, starting out in the FMCG industry, moving then into aeronautics and then finally the automotive industry. Understanding knock-on effects and having predictive models to be able to evaluate this impact on the overall supply chain is key.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Innovation Supply chain 40

Supply Chain Action Blog

JULY 8, 2021

After a short stint in manufacturing process engineering in another industry, she got interested in the business side of things and moved into supply chain planning, starting in demand planning. And, anyway, forecasts will always be wrong, they will always change, and the demand planner will always take the blame.

Demand Planning 40

Demand Planning Demand Supply Chain Optimization Agile and Lean Supply Chain 40

Finale Inventory

JULY 23, 2024

It covers inventory forecasting, demand planning, order fulfillment, and warehouse management. Lastly, effective inventory management provides accurate data for strategic decisions on purchasing, pricing, and promotions. Additionally, the physical inventory process can aid strategic planning.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Efficiency 52

Finale Inventory

JULY 22, 2024

However, MTO can have longer lead times and is more susceptible to delays from supply chain issues or production problems, which can affect customer satisfaction and sales. MTS also enables cost efficiencies through bulk production, which can be passed on to customers through competitive pricing, driving sales growth.

Inventory 52

Inventory Raw materials Order Fulfillment Supply Chain Efficiency 52

Supply Chain Trend

OCTOBER 29, 2021

TRADITIONAL IBP AND PLANNING TECHNOLOGY. If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). LIMITATIONS OF TRADITIONAL IBP. Lacking insights.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Logistics 98

Logistics Supply Chain Optimization Order Fulfillment Inventory 98

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

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Logistics 52

Logistics Supply Chain Optimization Order Fulfillment Inventory 52

Empowering CPO

JUNE 26, 2023

Stronger supplier relationships lead to better pricing, improved service levels, and a more reliable supply chain. Advanced procurement software and analytics platforms offer capabilities such as automated data capture, data integration from multiple sources, and real-time data updates.

Real-time Visibility 40

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

Planergy

JULY 18, 2023

Options worth exploring include: asking for upfront payments on orders, reducing credit terms, billing customers immediately upon sale, or getting a better grip on sales forecasting/demand planning. Related Posts The post Working Capital: What Is It, How To Calculate, and Why It’s Important appeared first on Planergy Software.

Import 52

Import supply chain budgeting Inventory Budget 52

Supply Chain Brain

MARCH 26, 2018

Software programs have gradually matured to the point where they can finally be labeled as “artificial” intelligence, aping the thought processors of their creators in the form of “expert systems.” Adding to the complexity of pricing determinations is the ever-changing nature of the many factors that feed them.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40

Empowering CPO

JUNE 27, 2023

By proactively addressing these risks, organizations can minimize disruptions and ensure a reliable supply chain. It helps identify opportunities for inventory management, pricing negotiations, and demand planning.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40