Procurement Tactics

JUNE 8, 2023

Define clear objectives When designing a supply chain network, it is important for logistics managers to prioritize their objectives. By identifying the most important objectives and areas for improvement, logistics managers can make impactful changes to their network.

Supply Chain Optimization 211

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

Procurement Tactics

NOVEMBER 14, 2022

To simplify the retail supply chain, many companies refer to it as the logistics processes that enable the product to reach the end customers. It encompasses everything from acquiring the raw materials you need to make the product to delivering that product to your customers. . Applying reverse logistics.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. Running simulations of potential supply chain disruptions such as raw material shortages, port closures, or demand surges allows businesses to determine the best course of action before a crisis occurs.

Project management 91

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

Procurement Tactics

NOVEMBER 8, 2022

It focuses on optimizing processes from raw materials to the final products. Plus, it changes how businesses outsource their raw materials, which can now be done online. It dictates the raw materials you will need to procure, as well as the level of production. Improve Demand Forecasting.

supply chain budgeting 182

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 182

Supply Chain Brain

JULY 28, 2021

through year-end as spiking prices for everything from polypropylene, chemicals and other raw materials to logistics and labor show no signs of abating, Chief Executive Officer Mike Roman said. Mounting inflation will weigh on 3M Co.

Raw materials 119

Raw materials Logistics Price 119

Supply Chain Brain

JUNE 5, 2023

The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.

Real-time Visibility 98

Real-time Visibility Raw materials Suppliers Logistics 98

SCMDOJO

OCTOBER 30, 2024

For instance, students might be tasked with developing a logistics plan that involves coordinating with multiple stakeholders to ensure the timely delivery of goods. For instance, a student interested in sustainable supply chain practices might choose courses focused on green logistics, ethical sourcing, and environmental impact assessment.

supply chain budgeting 97

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 97

Procurement Tactics

SEPTEMBER 13, 2022

From raw materials sourcing to production, storage, and delivery, it monitors if these processes may cause harm to the environment and communities. . The reduction in waste by reusing and recycling the materials establishes a balance where input is equivalent to output. . Machine Learning. Blockchain. Databases and ERP.

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out What’s The Difference Between Logistics and Supply Chain Management? What is the difference between Logistics and Distribution? Without consulting a dictionary both Logistics and Distribution suggest imagery involving the movement of goods. Subscribe Here! Email Address. Infographic). ” [link].

Logistics 92

Logistics Distribution channels Supply Chain Efficiency Supply chain management 92

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts. And we know that numbers don’t lie.

Supply Chain Efficiency 90

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

SCMDOJO

FEBRUARY 26, 2025

While CPI is normally used within project management and earned value analysis, it has significant application and importance within supply chain contexts, particularly in procurement, logistics and warehousing. Example: If a company planned to procure materials worth $100,000 but ended up spending $120,000. A CPI of 0.83

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Raw materials 52

SCMDOJO

MAY 30, 2024

The logistics department is the unsung hero of the modern world, ensuring products reach their destination promptly and securely. In this article, we will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. Intrigued by the logistics department?

Logistics 98

Logistics Supply Chain Optimization Order Fulfillment Inventory 98

SCMDOJO

APRIL 27, 2022

For the production, the appropriate raw material is sourced or produced based on the details provided by the fashion designers in the previous step. Next, the raw materials are used to manufacture and put together the designs. The next step after the designs are finalized the production of the clothing.

Supply chain management 138

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 138

Procurement Templates

AUGUST 28, 2024

The increasing frequency and severity of natural disasters, such as hurricanes, floods, wildfires, and droughts, have had a profound impact on the procurement of raw materials and goods. In particular, extreme weather events in key manufacturing hubs have led to significant disruptions in production and logistics.

Supply Chain Efficiency 130

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

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Read More: 6 Logistics KPIs Attributes That are Essential ] What is Contract Logistics?

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

APRIL 20, 2022

Within the apparel industry, the key operations within the supply chain concern the following: Movement of Raw Materials Human Resources Logistics and Transportation. The areas that are handled under supply chain management include: Machinery Operation Human Resource Raw Materials Logistics Sales.

Supply Chain Optimization 95

Supply Chain Optimization Supply Chain Efficiency Supply chain Raw materials 95

Procurement Insights

FEBRUARY 18, 2025

Fragmented Supplier Networks & Lack of Standardization Why It’s a Challenge: Packaging companies work with diverse suppliers , including raw material providers (paper, plastics, metals), logistics partners, and contract manufacturers. Inconsistent tracking of shipment notices and delivery updates.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

The Network Effect

OCTOBER 26, 2015

Note: This is a series of posts exploring how logistics service providers can offer their customers solutions that go beyond traditional logistics processes. These solutions are multi-tier and compute all required raw material and packaging needs, whether they are provided to the internal manufacturing sites or the outsourced sites.

Logistics 52

Logistics Raw materials Supply Bidding 52

Let's Talk Supply Chain

FEBRUARY 12, 2025

Supply Chain Disruptions: The tariffs have triggered disruptions in the global supply chain, leading to delays in raw material procurement and logistical challenges. Market Volatility: The fluctuating market conditions have further exacerbated the situation, making it challenging for producers to forecast demand and plan ahead.

Raw materials 52

Raw materials Supply Chain Optimization Supply Chain Efficiency Supply chain 52

Procurement Tactics

JUNE 5, 2023

For instance, if an organization in Europe sources raw materials from India, manufactures the product in China, and sells it to customers in its country, then its supply chain is global. The use of advanced technologies and logistics strategies is often necessary to manage the complexity and risks associated with a global supply chain.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Supply Chain Collaborator

OCTOBER 11, 2016

The hedge to either bet comes in the form of a robust logistics IT solution – one that enables nimble and effective reaction to rapid changes in market environments. For durable goods manufacturers, TMS tools help ramp up quickly once the decision is made to bring raw materials into plants. No one has a crystal ball.

Logistics 68

Logistics Raw materials Route optimization Inventory 68

The Network Effect

NOVEMBER 12, 2014

Today’s logistics customers demand flexibility and visibility. Even more challenging, customers are also increasingly demanding full transparency to their orders and inventory through the entire life-cycle of raw-material to finish-goods to sale to sometimes reverse-logistics. Logistics logistics'

Logistics 59

Logistics Real-time Visibility Raw materials Supply Chain Efficiency 59

NLPA (Next Level Purchasing Association)

APRIL 8, 2024

Understanding Supply Chain Management (SCM) Supply Chain Management (SCM) refers to the broad oversight of the entire flow of goods and services, from the very beginning (raw materials) to the very end (reaching the customer). Emerging Trends in Logistics and SCM The world of logistics and SCM is constantly evolving.

Supply Chain Efficiency 52

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

Jaggaer

OCTOBER 24, 2024

This ecosystem not only includes suppliers and vendors but also logistics providers, consultants, market researchers, and even healthcare policymakers. A classic example is in logistics and transportation. The way we view costs has itself evolved in the era of supplier collaboration. Price per mile is only a starting point.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Supply Chain Game Changer

MARCH 1, 2021

It’s critical that logistics professionals understand this cycle, as well as the steps to breaking it. Each also interacts with the others and creates self-sustaining vicious cycles, which is why it’s up to every logistics stakeholder to create a cleaner and greener system to preserve our environment.

Logistics 66

Logistics Supply Chain Efficiency Supply chain Supply 66

ivalua

JANUARY 29, 2020

Competitors or new market entrants can use it to attack you these days – you don’t need a chain of retail shops on the high street, just a good idea, a great website and an outsourced logistics operation. So the need for businesses to act with speed and agility has never been greater.

Collaboration 164

Collaboration Innovation Agile and Lean Supply Chain Procurement 164

Skill Dynamics

AUGUST 25, 2022

As an integral part of supply chain management, logistics plays an important role to keep the supply chain strong by planning, implementing, and controling the flow and storage of goods and services to meet customer’s requirements. When freight volume grows and transportation becomes more complicated, the need for logistics management rises.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Logistics Supply chain 52

Supply Chain Game Changer

AUGUST 19, 2022

Raw materials. Many raw materials have been at risk since before the current conflict because of the dependence on specific, small regions for production. Addressing raw material shortages in supply chains will be tough and expensive. What’s impacted? In many instances, alternative sources are limited.

Supply Chain Optimization 97

Supply Chain Optimization Supply chain Raw materials Supply 97

Supply Chain Game Changer

NOVEMBER 7, 2018

And then at some point all of these activities were included under the banner of “Reverse Logistics” What on earth is Reverse Logistics? So What Is Reverse Logistics? The term “Reverse Logistics” was first coined by James R. But once explained the phrase Reverse Logistics made sense.

Logistics 60

Logistics Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 60

Procurement Leaders

DECEMBER 9, 2022

We have also started a cross-functional effort (involving manufacturing, quality, logistics and procurement together) to identify some cost-of-goods-reduction initiatives by challenging the components of our products (this will pay dividends in the long term as it is difficult to change specifications in the pharmaceutical industry).

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Procurement Tactics

MAY 8, 2023

The collaboration in CPFR usually includes business planning, forecasting , and replenishment of raw materials and finished products. Through the CPFR process, numerous supply chain functions are optimized, resulting in reduced inventory and logistics costs, as well as improved efficiency and inventory movement.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Reverse Logistics? Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more. Source: [link] ). Source: [link] ). Source: [link] ). Source: [link] ).

Supply chain management 72

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 72

Supply Chain Game Changer

JULY 29, 2021

USA also ensured immediate supply of raw materials for the development of Covishield vaccine in India. DHL and FEDEX played a major role in inbound logistics and distribution. Here is where AWL India came into picture as a private domestic logistic partner of HLL.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply chain Supply Raw materials 105

Supply Chain Game Changer

OCTOBER 11, 2022

The supply chain includes everything from ordering raw materials from suppliers to ensuring products are delivered to consumers in the best condition. Damage often originates from in-house storage , leading to costly reverse logistics. Model your results if delays hit logistics. Subscribe to Supply Chain Game Changer.

Supply Chain Optimization 81

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 81

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices.

Supply chain management 98

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

Procurement Insights

MARCH 27, 2025

Streamlined Supplier Onboarding & Management Challenge at Byrne Dairy: Managing multiple suppliers for ingredients, packaging, logistics, and equipment often across regulatory boundaries (FDA, USDA, etc.). Our procurement team manages purchasing for raw materials, packaging, equipment, indirect services, and contract manufacturing.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Supply Chain Game Changer

MARCH 14, 2022

With four core courses and an MBA-level capstone, the Supply Chain Management program provides students with both foundational knowledge and business acumen necessary to succeed in the logistics and operations industry. Supply Chain Logistics. Here are some highlights from Business School’s supply chain management program.

Supply chain management 115

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 115