NLPA (Next Level Purchasing Association)

APRIL 8, 2024

The globalized world relies on efficient and well-coordinated supply chains. Understanding this distinction is essential for anyone entering the procurement, purchasing, or supply chain field. It specifically focuses on the physical movement, storage, and coordination of goods and information within the supply chain.

Supply Chain Efficiency 52

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

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

A well-defined procurement strategy is the key to optimizing your procurement process. Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. In today’s competitive landscape, getting the best price isn’t enough.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million, up from $1.9

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility supply chain budgeting Supply Chain Optimization 52

Supply Chain Trend

OCTOBER 31, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. For the next 6 weeks Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Supply Chain Trend: Can you describe your first involvement in S&OP?

Supply Chain Optimization 121

Supply Chain Optimization Supply Chain Efficiency Leadership Supply chain 121

The Network Effect

APRIL 7, 2015

A “demand-driven value network” (DDVN) oriented architecture is similar in concept to a “Consumer-Driven” network, and is a good framework for building a shelf-connected system. This backbone then orchestrates a coordinated response to the end-consumer’s demand signal.

Networking 57

Networking Supply Supply Chain Optimization Distribution Planning 57

The Network Effect

SEPTEMBER 4, 2015

We’ve asked whether a shelf-connected system was possible with traditional ERP systems , discussed how new approaches to forecasting processes are required in a shelf-connected world, and explored new types of demand-driven inventory replenishment policies.

Networking 58

Networking Collaboration Real-time Visibility Supply 58

The Network Effect

AUGUST 7, 2015

Our last post dealt with new types of demand-driven inventory replenishment policies. . Using these types of demand driven-based inventory replenishment policies enables retailers and their suppliers to reduce supply chain variability, optimize inventory levels, and minimize freight expense.

Distribution channels 58

Distribution channels Inventory Networking Supply Chain Optimization 58

The Network Effect

JULY 1, 2015

Today with the availability of store-level POS data and technical ability to generate store-level forecasts with low error rates, along with optimized replenishment plans, companies are able to trade-off between service and inventory levels. The post Replenishment in a Shelf-Connected Supply Network appeared first on The Network Effect.

Networking 68

Networking Supply Inventory Inventory planning 68

The Network Effect

FEBRUARY 5, 2016

Her satisfaction depends on the efficiency of the supply network. It is important to recognize that a Consumer Packed Goods (CPG) company’s network determines its supply chain efficiency and customer satisfaction. When designing a supply chain the following steps must be followed: Define the business objectives.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Networking Supply chain 40

The Network Effect

FEBRUARY 5, 2016

Her satisfaction depends on the efficiency of the supply network. It is important to recognize that a Consumer Packed Goods (CPG) company’s network determines its supply chain efficiency and customer satisfaction. When designing a supply chain the following steps must be followed: Define the business objectives.

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Networking Supply chain 40

IBM Supply Chain Blog

OCTOBER 31, 2023

The increasing demands for computers to match the higher fidelity simulations and modeling workloads, more competition, and the need to bring products to market faster mean that EDA HPC environments are continually growing in scale. This third application is referred to as silicon lifecycle management (SLM).

Contract 84

Contract Quantity Data Demand 84

NLPA (Next Level Purchasing Association)

MAY 8, 2024

In today’s competitive business landscape, procurement professionals constantly seek ways to optimize costs and maximize value. Unforeseen market shifts, changes in customer behavior, and unpredictable human decision-making can all significantly impact future demand.

Real-time Visibility 52

Real-time Visibility Supplier consolidation Suppliers supply chain software solutions 52

NLPA (Next Level Purchasing Association)

MAY 7, 2023

S & O Planning enables organizations to balance supply and demand, improve production rates, reduce lead times, and enhance customer service levels. It involves routine reviews and conflict resolutions centered on market demands and supply resources. Why Implement eS&OP?

supply chain budgeting 52

supply chain budgeting Demand Strategic planning Demand Planning 52

EazyStock

MAY 24, 2019

You’re a manufacturer who is working on an order when you realize that you’re out of a necessary component due to a sudden increase in demand, meaning you’ll have to order that part and wait until you receive it to finish the order for your customer. 4 Primary Reasons for Carrying Safety Stock.

Inventory 53

Inventory Supply Chain Optimization Raw materials Demand 53

EazyStock

MAY 24, 2019

You’re a manufacturer who is working on an order when you realize that you’re out of a necessary component due to a sudden increase in demand, meaning you’ll have to order that part and wait until you receive it to finish the order for your customer. 4 Primary Reasons for Carrying Safety Stock.

Inventory 51

Inventory Supply Chain Optimization Raw materials Demand 51

IBM Supply Chain Blog

JANUARY 9, 2024

We’ve found in this new IBM-sponsored IDC white paper that the shift to delivering IT-as-a-service is foundational and extends the strategic transformation of IT infrastructure, adding even more value to the business. Fast-track IT on demand The traditional perception of IT as an internal service provider is evolving.

Data 66

Data Demand Innovation Strategy 66

NLPA (Next Level Purchasing Association)

JANUARY 16, 2024

Mitigating Risk : Supply chain disruptions, quality issues, and price volatility can all pose significant threats to your business. This data can inform strategic sourcing decisions, optimize costs, and identify new value-creation opportunities. Visit NLPA Learning , the new home to all of our certifications and online courses.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Supply Chain Optimization 52

Jaggaer

AUGUST 12, 2020

Get the white paper on Sourcing Strategies: Why One Size Does Not Fit All , written by Michael Lamoureux of Spend Matters. And this applies not just to first tier suppliers , but to 2 nd and 3 rd tier suppliers as the extended supply chain at large is coming into greater focus.

Sourcing 52

Sourcing Bidding supply chain software solutions Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. Performance Measurement & Optimization: Establish clear performance metrics (KPIs) aligned with your category goals.

Category management 52

Category management Management Procurement Supplier relationship management 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 21, 2023

The modern business landscape is constantly evolving, and this dynamism is especially evident in the areas of purchasing and supply chain management. In today’s connected world, supply chains have become more complex, with global reach, sustainability concerns, and rapidly changing market dynamics.

Procurement 52

Procurement Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

IBM Supply Chain Blog

MARCH 8, 2024

As more and more devices are built for 5G speeds, demand for 5G connectivity is growing. Today, many mundane but necessary tasks associated with equipment repair and optimization are being turned over to machines thanks to 5G connectivity paired with AI and ML capabilities.

Networking 97

Networking Data Demand Quality 97

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

Improved communication, regular performance assessments, and joint value creation efforts lead to better supplier performance, reduced risks, and potential cost savings through optimized partnerships. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

JANUARY 10, 2024

In today’s eco-conscious world, the pressure to “go green” isn’t just a whisper on the wind – it’s a thundering roar echoing through boardrooms and supply chains alike. And at the heart of this green revolution lies a powerful tool: green procurement.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Sustainability Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

At its core, managing spend refers to the process of strategically controlling and optimizing the financial resources allocated for procurement and purchasing activities. This includes budgeting, forecasting, and optimizing the utilization of available funds. Implement SRM practices that foster collaboration, transparency, and trust.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. It involves optimizing procurement processes and reducing costs while maintaining the quality of goods and services.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Zycus Cognitive Procurement

JULY 29, 2021

Storing all supplier information in a cloud-based central repository and deploying augmented intelligence for decision support is helping procurement departments ensure goal alignment with suppliers, access to real-time ROI tracking for senior management, accurate demand forecasting, and optimal resource allocation.

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain supply chain software solutions 40

Jaggaer

MAY 12, 2020

Supply-Chain and Invoice automation. The shift toward AI is natural, as previous investments such as cloud now provide a diminished competitive differentiation, while AI is attracting increasing demand especially for digital transformation. Rule-based recommendations. Smart Assistant. Self-maintained data quality.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 52

Supply Chain Brain

SEPTEMBER 2, 2020

It’s not for a lack of trying—investments are made in box on demand machines, carrier rates get negotiated, and consultants get consulted. Despite these efforts, cost and waste control are only marginally improved.

Cost optimization 74

Cost optimization Negotiation Logistics Sustainability 74