ivalua

JULY 22, 2015

Instead, today’s sourcing pros must facilitate cost improvements through a more sophisticated and complete understanding of cost management strategies involving: Materials. alternatives. alternatives. consolidation. alternatives. Financing, hedging, and currency plays. Geographic. relocation. reductions. optimization. Plant & process.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

Skill Dynamics

JANUARY 7, 2025

In fact, supply chain resilience plays a crucial role in controlling general business costs through minimizing such disruptions and optimizing operational expenses. Technology is increasingly vital in increasing supply chain visibility, enabling quicker and more informed decision-making.

Supply chain resilience 90

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

SCMDOJO

JUNE 14, 2024

Exercises, case studies, and downloadable templates like “Inventory Optimization Tool” and courses such as “Warehouse Layout Design for Efficiency” equip you with immediate application Career-Boosting Credentials: Earn the prestigious SCMDOJO Certification in Supply Chain Management upon successfully completing the track.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 105

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Balance supply chain risk and resilience with ROI.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Balance supply chain risk and resilience with ROI.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

JUNE 17, 2024

Geopolitical conflicts, like trade wars and sanctions, can quickly disrupt supply chains and make international commercial connections unpredictable. Maintain an updated risk inventory that includes historical data, current threats, and emerging risks.

Supply Chain Efficiency 98

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

SCMDOJO

APRIL 29, 2024

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 supply chain management.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

Supply Chain Game Changer

AUGUST 3, 2021

Supply Chain. Inventory levels and Accounts Payable can be huge consumers of cash unless your Supply Chain is efficient. No other function has its fingers on the pulse of the operations of a company like Supply Chain. Risk management is real.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Let's Talk Supply Chain

DECEMBER 4, 2023

15.29] How the landscape of just-in-time, just-in-case, and inventory management changed, from pre to post-pandemic; predicting demand in an unpredictable world; and how SDI’s Zeus software is helping clients move from a reactive to a proactive approach when it comes to FM and MRO supply chain.

Supply Chain Optimization 52

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

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. New-age data players are disrupting the procurement and supply chain in various ways, such as cost-saving initiatives, cycle time reduction, or supplier performance improvement.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Supply Chain Game Changer

OCTOBER 6, 2020

Store shelves were stripped of toilet paper, baking supplies, masks , hand sanitizer and many other goods as the incredible spike in demand prompted by the virus was historic and unplanned. Many companies were caught flat-footed if any part of their Supply Chain depended on the supply of goods from China, or any other country for that matter.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

FourKites

DECEMBER 23, 2020

By outlining the major cost centers of your supply chain and optimizing your spending within each, you’ll be creating a much more favorable equation for improving supply chain planning and productivity. Cost control measures in supply chain efficiency should address three major areas: labor, inventory and transportation.

Supply Chain Efficiency 52

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

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., delivery reliability”), but is that really “supply chain thinking”? percentage of second-tier suppliers who follow a certain risk management or IT standard”). 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

Una

APRIL 23, 2024

According to research by EffectiveSoft , 50% of supply chain companies will have invested in applications that support AI and advanced analytics capabilities by the end of 2024. Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Procurement Insights

OCTOBER 8, 2024

Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

The Procuretech Podcast

JUNE 11, 2024

We explore Focal Point offers intake, project management and procurement performance; Lavenir AI offers ongoing, virtual negotiation training practice; Raindrop is a complete spend management suite built on modern technology; FRDM focuses on supply chain risk management; LUPR leverages Salesforce data for SRM.

supply chain software solutions 40

supply chain software solutions Procurement supply chain budgeting Supply Chain Visibility 40

TYA Suite

SEPTEMBER 25, 2024

However, the is fraught with risks that can impact a company’s bottom line and operational efficiency. Effective procurement risk management is essential to ensure smooth operations and safeguard the organization’s interests. Understanding these risks is the first step toward effective procurement risk management.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

World of Procurement blog

MAY 8, 2024

Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. Importance and Benefits of Effective Supply Chain Management An optimized supply chain is critical for business success and profitability.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility?

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

Cost Management: Keeping costs within budget while facing fluctuating material costs and unexpected expenses. Risk Management: Identifying and mitigating risks associated with delays, supply shortages, and contractual disputes.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

Cost Management: Keeping costs within budget while facing fluctuating material costs and unexpected expenses. Risk Management: Identifying and mitigating risks associated with delays, supply shortages, and contractual disputes.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

Skill Dynamics

OCTOBER 19, 2023

Because skills gaps can significantly impede performance and therefore supply chain success, it’s vital to address and overcome them. Frequent skills gaps include: Risk management – key for avoiding supply chain disruptions. Efficient and streamlined supply chain operations.

Supply Chain Optimization 52

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

Jaggaer

OCTOBER 3, 2024

However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Ensure supply continuity This was number 1 on the 2023 list of priorities. First, organizations need to get full supply chain visibility.

Supply Chain Optimization 52

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

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4. The platform also offers supply and risk management insights.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

EazyStock

FEBRUARY 13, 2019

Let’s dig into the future supply chain trends that could transform your supply chain and logistics operations! Distributed Inventory. Distributed inventory reduces the lead time from a customer placing an order to the product being delivered while simultaneously reducing shipping costs. Digital Twin.

Supply chain management 45

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 45

SCMDOJO

MARCH 28, 2025

Within warehouses, IoT sensors are used for warehouse monitoring, tracking inventory levels, temperature, humidity, and other critical environmental conditions. This improves the accuracy of inventory management and helps prevent the spoilage of sensitive goods.

Logistics 52

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