This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This information is recorded through applications that aid inventory management, warehouse management, shipping, and procurement. Supplychain analysis, therefore, is the analysis of information from those different applications using one ERP system. Analysis of data from one activity, such […].
If you want to gain more supplychainanalytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supplychainanalytics books to help you better understand the concepts and strategies behind this vital business field.
If you’re in the business world, you’re probably always looking for ways to streamline your supplychain operations. Luckily, supplychainanalytics is here to help! But like any new technology, there are hurdles to overcome when implementing supplychainanalytics.
For instance, a student struggling with inventory management concepts can receive supplementary materials, interactive simulations, and one-on-one tutoring sessions tailored to their needs. Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects.
While CPI is normally used within project management and earned value analysis, it has significant application and importance within supplychain contexts, particularly in procurement, logistics and warehousing. Below are some key areas where CPI can improve supplychain efficiency: 1. A CPI of 0.83
But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?
This supplychain YouTube channel covers SupplyChain and Logistics topics with a passion running over 40+ years of industry experience. . 2) SupplyChainAnalytics | 22k Subscribers. Professor Rajat Agrawal hosts the current videos on this supplychain YouTube channel. Subscribers.
The Manufacturing SupplyChain Journey through AI and Automation Manufacturing SupplyChains Explained The manufacturing supplychain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.
But can they transcend the business spend management sphere and really go beyond indirect spend management support into the realm of supply [chain] management beyond some of the “basics” (e.g., For example, can they manage n-tier supply risk (or at least supplier risk)? Can they optimize purchased inventory?
It encompasses activities such as procurement, supplier selection, and evaluation. Warehousing: Warehousing involves the storage and management of inventory. It also involves inventory management, order fulfillment, and monitoring stock levels. Transportation: Transportation plays a pivotal role in supplychain management.
Its a guide for professionals to use when looking to develop their core competencies and, if used correctly, can greatly enhance the overall performance of a companys supplychain capabilities. It typically covers key supplychain areas including procurement , logistics, demand forecasting , and much more.
Why should we consider Promotion Management in Inventory Management? Retail companies, whether it be e-commerce, brick-and-mortar, or both, care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.
Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supplychain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.
Here’s how companies are using different strategies to address supplychain management and meet their business goals. Why supplychain management matters Supplychain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.
Guest Bio: As the Director of Digital SupplyChain Transformation at SDI, a pioneer in MRO and facilities maintenance solutions, John Delligatti stands at the forefront of driving digital innovation in supplychain management. 18.37] Why SDI created the ZEUS SupplyChainAnalytics Guidebook. “In
When it comes to online learning, Coursera is a well-known learning platform offering a wide range of courses across various disciplines, including supplychain management. On the other hand, SCMDOJO is a specialized platform dedicated solely to supplychain and procurement professionals.
As we are coming to the end of the year, procurement and supplychain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supplychain leaders and practitioners to build a strategic blueprint for 2023 and beyond.
Argentus is a boutique recruitment firm focused on SupplyChain and Procurement. Lots of things are happening in SupplyChain Management! Fallacy 4: Improved forecasting will always lead to lower inventory levels. This one is a bit of a sacred cow in the world of SupplyChainanalytics.
Gartner identifies the 4 Evils of SupplyChain Planning (uncertainty, bias, data, model) in their article “Digital SupplyChain Planning: The Art of the Possible Should Focus on Reducing the Four Evils of Planning”. Pricing decisions are essential for revenue, profit, and inventory projections. 1) UNCERTAINTY.
Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. Importance and Benefits of Effective SupplyChain Management An optimized supplychain is critical for business success and profitability.
Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supplychain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.
A viable digital twin should enable horizontal alignment of decisions across demand, inventory, supply, procurement, manufacturing, fulfillment, and transportation tied together with a financial representation of the value they collectively generate, e.g., Total Cost to Serve, Total Landed Cost, Total Profit, etc.
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . While the goal can be to automate many of the planning decisions, keep in mind that .
However, it also covers core topics, including essential topics such as supplychain basics , demand planning and forecasting , inventory management , procurement , sourcing , logistics, transportation , etc. CSCMP certification consists of 3 levels & this level of certification is known as ScPro.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content