SCMDOJO

FEBRUARY 15, 2025

Structured methodologies, risk assessment tools, and agile frameworks allow companies to improve coordination, enhance decision-making, and ensure they remain adaptable to disruptions. In supply chain operations, it plays a crucial role in mitigating risks, improving response times, and optimizing workflows.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Supply Chain Optimization 98

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

All Things Supply Chain

MARCH 16, 2022

With the advent of COVID-19 pandemic, supply chains and demand have been massively disrupted and are causing inventory issues, unclear delivery reliability, and a significant risk in single-source supplier circumstances.…

Strategic sourcing 264

Strategic sourcing Strategic sourcing Sourcing Inventory 264

Procurement Tactics

AUGUST 11, 2022

Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. In this article, we will discuss what inventory holding cost is. Additionally, we will explain the components of inventory carrying costs and how they can be reduced. . Cost of capital.

Inventory 130

Inventory Real-time Visibility Negotiation Risk 130

Finale Inventory

JANUARY 27, 2025

Introduction A shopify barcode scanner serves as the cornerstone of efficient inventory management for growing ecommerce businesses. For retailers using the Shopify platform, implementing a barcode inventory system delivers immediate tangible benefits.

Inventory 52

Inventory Management Order Fulfillment Warehouse operations 52

Una

APRIL 18, 2023

EPISODE 111 Taking Intelligent Risks with Mark Trowbridge By Kelly Barner | April 19, 2023 We’ve all been mired in years of paralyzing risk and disruption… but could risk taking be just what this moment calls for? Yes – as long as the risks are “intelligent risks.”

Risk 133

Risk Supplier relationship management Contract management Supply Chain Efficiency 133

Let's Talk Supply Chain

MARCH 7, 2025

As businesses‍ navigate these‍ turbulent waters, the stakes have never been higher, with the potential for unforeseen risks and ‍challenges at every turn. The fluctuating trade policies and geopolitical tensions have created a volatile environment, leading to a surge in supply chain risks.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Risk Supply chain 52

SCMDOJO

OCTOBER 28, 2024

Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies. Risk Management: By understanding potential risks, procurement can develop contingency plans to ensure a continuous supply of materials.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

ivalua

JULY 12, 2021

Helping businesses reduce the risk of supply chain disruption, optimize inventory levels and make better buying decisions. Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability.

Real-time Visibility 130

Real-time Visibility Collaboration Inventory Supply Chain Optimization 130

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks. Stockpiling inventory has been the most common response.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

Spend Matters

OCTOBER 16, 2024

Financial risk relates to the possible financial problems faced by a buying organization’s suppliers, its suppliers’ suppliers (and so on) or other third parties. Find our in-depth guide to third-party and supply chain risk management with accompanying free download here. What causes financial risk?

Risk 114

Risk Risk management Suppliers Raw materials 114

SCMDOJO

DECEMBER 29, 2024

However, it covers key differences between purchasing and procurement, explores common contract types, and emphasizes the importance of strategic sourcing, supplier relationships, and risk management. However, liquidation involves selling excess or unwanted inventory to convert it into cash.

Supply Chain Efficiency 95

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 95

Let's Talk Supply Chain

FEBRUARY 21, 2025

However,as ‍the global air cargo industry faces unprecedented challenges,a‍ critical question emerges: is the‍ booming demand for cross-border e-commerce air cargo at risk? Harnessing effective strategies is crucial to mitigate these risks and ensure the sustained growth of the industry.

Demand 52

Demand Risk Supply Chain Efficiency Real-time Visibility 52

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory 111

Inventory Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 111

ivalua

JUNE 10, 2020

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. Understanding Supplier Risk Management.

Risk management 147

Risk management Risk Suppliers Management 147

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

ivalua

NOVEMBER 26, 2020

Supply Chain Risk Management on the World Stage – Lessons Learned. Efficiency concepts like using lean initiatives and just-in-time delivery to manage inventory have become commonplace for many years and have made individuals like Deming household names in many business schools. Stalwarts of Business Planning Showing Cracks.

Agile and Lean Supply Chain 264

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Strategy 264

Finale Inventory

JULY 18, 2024

Retail inventory management is a fundamental part of running a successful ecommerce business. Effective strategies can optimize inventory control and enhance overall efficiency. This article outlines key aspects of retail inventory management and future trends shaping the industry.

Inventory 98

Inventory Supply Chain Efficiency Management Real-time Visibility 98

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. The primary goal of inventory control is to reduce the costs associated with holding stock.

Inventory control 105

Inventory control Inventory supply chain budgeting Supply Chain Optimization 105

Finale Inventory

FEBRUARY 19, 2024

This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment. Businesses confront re-stocking, handling damaged goods, adjusting inventory inaccuracies, and navigating the risk of overselling during high-demand periods.

Inventory 105

Inventory Real-time Visibility Management Quality 105

Spend Matters

JANUARY 2, 2024

After the last few tumultuous years, procurement teams are still facing steep challenges in getting ahead of supplier and supply chain risks. Some organizations have opted to invest in new, more robust supplier and third-party risk management (TPRM) systems, while others are optimizing their existing systems.

Risk 109

Risk Suppliers Raw materials Risk management 109

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Inventory Strategy 98

Supply Chain Dive

JANUARY 10, 2024

Excess inventory may be in focus, but climate change, geopolitics and structural supply chain challenges continue to threaten some goods.

Risk 139

Risk Inventory Supply Supply chain 139

Finale Inventory

FEBRUARY 15, 2024

Warehouse labeling can seem like a tedious aspect of inventory control, but it can have a huge impact on your warehouse operations. By incorporating industry-specific information on labels, you can demonstrate compliance, mitigate risks, and protect your business from potential penalties. The same goes for effective warehouse labeling.

Inventory control 102

Inventory control Inventory Real-time Visibility Warehouse optimization 102

Procurement Insights

OCTOBER 31, 2024

What is optimized inventory management? What is supply chain risk management? Most of us would answer No to that question. So, why do you think you should read this article versus the multitude of others offering similar advice (or ChatGPT* – I did)? What are collaborative supplier networks?

Supply Chain Optimization 75

Supply Chain Optimization Risk management Collaboration Networking 75

SCMR (Supply Chain Management Review)

OCTOBER 31, 2023

Companies are facing the desire to increase inventory risk management strategies while balancing cash flow needs according to a new McKinsey survey.

Inventory 97

Inventory Supply chain management Supply chain management Management 97

SCMDOJO

FEBRUARY 16, 2025

The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Helps businesses drive cost savings and mitigate procurement risks.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 72

Procurement Tactics

MAY 23, 2023

The bullwhip effect is a phenomenon that occurs in supply chain management where small fluctuations in demand can result in large variations in supply chain activities, such as inventory levels, production schedules, and transportation. Poor lead time Lead time is crucial in inventory management and affects meeting customer demand.

supply chain software solutions 212

supply chain software solutions Supply chain Supply Inventory 212

Procurement Tactics

JUNE 8, 2023

Thus, avoiding future disruptions and risks that you can face in your supply chain. The model enables a company to identify any inefficiencies and potential risks that may exist within its supply chain. Additionally, we will show you how to design your supply chain network. Why is it Important?

Supply Chain Optimization 211

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 211

Let's Talk Supply Chain

FEBRUARY 27, 2025

Heightened focus on demand forecasting and inventory management. Inventory Management: Optimize inventory levels to reduce holding costs and minimize the impact of inflation on stock. Diversification: Diversify your supplier base to spread risk and take advantage of different pricing structures.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Demand 52

Skill Dynamics

JANUARY 7, 2025

Global markets are facing significant uncertainty and negativity, with instability and continued risk expected to impact businesses for the next decade, according to the World Economic Forum. A resilient supply chain has the ability to mitigate key risks and help maintain operations when faced with unforeseen circumstances.

Supply chain resilience 90

Supply chain resilience Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency 90

Procurement Tactics

JUNE 8, 2023

It includes automating the movement of inventory within a warehouse and its delivery to customers, with minimal human intervention. The robot’s movement is tracked and recorded by the software, ensuring accurate inventory management and reducing errors. It can also refer to using software to replace manual tasks.

supply chain software solutions 178

supply chain software solutions Order Fulfillment Warehouse operations Inventory 178

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Additionally, procurement technology can help organizations improve compliance with regulations and reduce risk.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Let's Talk Supply Chain

MARCH 24, 2025

representing data as nodes and relationships, companies can easily track the flow of products, identify bottlenecks, and optimize their inventory levels in real-time. representing data as nodes and relationships, companies can easily track the flow of products, identify bottlenecks, and optimize their inventory levels in real-time.

Agile and Lean Supply Chain 52

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

Spend Matters

NOVEMBER 14, 2024

The risk events of 2020 and their impact on business/supply continuity showed how organizations with strong relationships with their strategic suppliers can perform better than those without. They were often given access to resources (manpower, inventory, raw materials, etc.) when others were not.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

Procurement Tactics

APRIL 6, 2023

We will also tell you how you can analyze your supply chain and how you do an initial risk assessment. However, to start with, you must first analyze your supply chain by starting to create an inventory of products and services you purchase, produce, and sell. However, how do you do it? How can it be improved? Then look no further.

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226