The Network Effect

OCTOBER 3, 2014

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base.

Networking 78

Networking Suppliers Real-time Visibility Agile and Lean Supply Chain 78

Spend Matters

JULY 21, 2022

It currently offers a SxM solution that is rapidly growing to cover other processes (sourcing, contract management, order collaboration, cost optimization). Procurence’s solution (Meercat) provides customers with rich features to manage their suppliers and their risk, emphasizing supply quality management and project-based procurement.

Market analysis 97

Market analysis Procurement Quality management Supply Chain Optimization 97

Spend Matters

APRIL 4, 2024

As detailed below, the analysts’ work in Q1 took a special interest in solution providers that tackle issues of supplier risk management. Each article gives an overview of the technology’s relevant capabilities, how GenAI is used and a high-level market outline that is informed by our recently conducted vendor survey.

Procurement 110

Procurement Raw materials Risk management supply chain software solutions 110

Spend Matters

AUGUST 31, 2022

Categories: Analytics , Market Intelligence , Procurement , Procurement Systems & Architecture , Purchasing and Sourcing , Requisition / PO Management , Risk Performance and Compliance , Spend Analysis Tags: PRO Direct materials is a hot market for procurement solutions, and this has become even more the case since the Covid crisis.

Supply Chain Optimization 98

Supply Chain Optimization Material management Sourcing Influencing 98

CPO Rising

FEBRUARY 26, 2024

In last week’s article, we looked at what makes direct materials special and their unique established requirements, particularly when focusing on eSourcing. Supplier Management Technology Landscape Remains […]

Suppliers 40

Suppliers Management Material management Chief Procurement Officer 40

SCMDOJO

MARCH 5, 2021

In other words, it is about a living ecosystem that ensures the smooth, effective and consistent delivery of products or services from supplier to customer. Nowadays, no one could deny that the supply chain is essentially the backbone of any company and most supply chain team use some kind of Supply Chain KPIs. Continue reading.

Supply Chain KPIs 142

Supply Chain KPIs Supply chain Supply Suppliers 142

SCMDOJO

JANUARY 17, 2024

Managing the supply chain involves the delicate art of aligning your product supply precisely with customer demand. A myriad of professionals within the field ensures timely deliveries from suppliers and orchestrates manufacturing processes to meet your requirements, contributing to a rewarding career path in supply chain management.

Supply chain management 98

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 98

Procurement Templates

JANUARY 17, 2024

When a company chooses such a lead vendor, it generally expects to continue with that supplier for an extended period. The costs and pain of changing computer suppliers have led to this pattern. By contrast, customers for shipping services can easily share their business among multiple suppliers. DM reported at a senior (i.e.

Demand 130

Demand Management Buyers Purchasing 130

SCMDOJO

JULY 29, 2022

That there are no constraints on lot size : Suppliers do sometimes request a minimum order quantity or the stock keeping unit comes in a specific package with a specific quantity. So, the calculated Economic Order Qty (EOQ) might be a small value, while the minimum order quantity by the supplier might be a higher value.

Quantity 131

Quantity Supply chain management Supply chain management Supply Chain Efficiency 131

Supply Chain Game Changer

AUGUST 11, 2022

A bill of materials lists the materials and processes required to create a product. A BOM can be helpful to those in a business’s eCommerce, manufacturing, engineering, purchasing, and materials management departments. A manufacturing bill of materials (MBOM). The parts required to manufacture the product.

Bill of materials 103

Bill of materials supply chain software solutions Supply Chain Efficiency Quantity 103

Finale Inventory

JULY 26, 2024

Implementing proper inventory management practices can improve project planning, reduce waste, and enhance overall project execution. Effective inventory management also involves managing supplier relationships and ensuring quality control.

Inventory 52

Inventory Real-time Visibility Material management Supply Chain Optimization 52

SCMDOJO

JUNE 28, 2024

Strategic supplier-partner relationships/partnerships are essential. Key competencies: Direct & indirect materials Function Strategy & transformation Digitalization ESG Risk management Supplier Relationship management She is an invited lecturer and Award-Winning Speaker, nominated for ‘Best Procurement CPOs – Russia’ list.

Supply Chain Optimization 93

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 93

Supply Chain Game Changer

NOVEMBER 24, 2018

His job involved buying, negotiating, contracts, overseas travel, sourcing, suppliers, parts, services, managing, supplier qualification, product qualification, terms and conditions, quality issues and delivery problems. When I was young I thought I had a somewhat clearer understanding of what my Dad’s Purchasing job was.

Purchasing 62

Purchasing Procurement Purchase orders Supply Chain Optimization 62

Arkestro

JULY 2, 2024

Benefits of Implementing JIT Implementing JIT offers a wide range of benefits for companies looking to streamline their material management processes. Additionally, companies need to develop strong relationships with suppliers and reliable logistics partners to ensure the timely delivery of goods and components.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 52

Finale Inventory

AUGUST 4, 2024

Using such software can optimize your inventory management and reduce the risk of over or understocking. Moreover, inventory management software provides valuable insights through data analytics. Consider the following: Dealing with Supplier Issues Reliable suppliers are crucial for obtaining high-quality raw materials.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52

Supply Chain Game Changer

MARCH 22, 2022

I worked hard in building team competencies, brought in some new talent, implemented processes like S&OP , proper Inventory Management Best Practices , ERP health check, Vendor Managed Inventory , quarterly supplier performance reviews, Materials Management competency assessments and daily lean accountability.

Leadership 105

Leadership Agile and Lean Supply Chain supply chain software solutions Supply chain 105

Supply Chain Game Changer

DECEMBER 18, 2019

By automating business processes, such as transportation, materials management, invoice/PO, bid, project management, firms improve efficiencies, reduce errors and admin time, increase productivity, and speed cash-to-cash cycle.

Collaboration 46

Collaboration Networking Supply Chain Efficiency supply chain budgeting 46

EazyStock

JULY 2, 2021

Safety stock level management, supplier lead-time planning and demand forecasting tools are critical during the procurement process to ensure that the correct number of components are purchased or ordered to prevent overstocking or halted production. Bill of Materials Management in Wholesale Distribution.

Bill of materials 52

Bill of materials Supply Chain Optimization Inventory Quantity 52

SCMDOJO

MARCH 25, 2022

working with suppliers or customers was not a priority for most managers at the time. In the early 1970s, the physical supply (or sometimes referred to as material management) of the input side of the logistics system was taken over. Neil Southern, 2011). The idea of ??working

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

SCMDOJO

NOVEMBER 24, 2023

Advanced technologies like AR wearable gadgets, RFID systems, and barcoding ensure that every material has its location. Receiving and storing: This includes receiving materials from suppliers, checking the purchase order, and putting away the materials at the correct location without any errors.

Supply Chain Efficiency 96

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 96

Finale Inventory

JUNE 21, 2024

The Formulas Involved in Raw Material Management Calculating the Cost of Raw Materials In order to accurately determine the cost of raw materials, ecommerce businesses need to consider several factors.

Raw materials 52

Raw materials Import Supply Chain Efficiency Inventory 52

Finale Inventory

JUNE 21, 2024

The Formulas Involved in Raw Material Management Calculating the Cost of Raw Materials In order to accurately determine the cost of raw materials, ecommerce businesses need to consider several factors.

Raw materials 52

Raw materials Import Supply Chain Efficiency Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 12, 2018

The inputs to your SIOP (Sales, Inventory and Operations Planning) process, as well as your MRP system, determine the amount of inventory you plan to order from your suppliers in order to meet that demand. Supplier Operating Terms. I have always believed that our Suppliers are our partners. Raw Material Management.

Inventory 45

Inventory Management Agile and Lean Supply Chain Raw materials 45

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making. Data-Driven Decision-making: Informed decision-making is crucial in healthcare.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Pipefy

MAY 22, 2024

For example, for procurement, total cost of ownership is necessary to determine which supplier offers the better long-term value, which, in turn, helps prioritize investments, negotiate better contracts, and select the most cost-effective vendor or supplier.

Cost of ownership 52

Cost of ownership Purchasing supply chain software solutions Supply Chain Optimization 52

Supply Chain Game Changer

JANUARY 30, 2020

There are considerable benefits from a SIOP process not the least of which is the improved integrity of the financial process, forecasting, resource and capacity planning, and Inventory Management. . Supplier Operating Terms. One clue for me was that there were no material shortages. Raw Material Management.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

SupplyShift

APRIL 27, 2021

Data tracking tools allow you to know who your spinners are, map your cotton supply chain, and understand suppliers’ due diligence efforts when it comes to forced labor. The key to addressing these redundancies and reducing survey fatigue for suppliers is to establish an industry-wide traceability approach.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Sourcing 52

Supply Chain Game Changer

SEPTEMBER 29, 2020

Negotiations and sourcing decisions were made which focused on just in time delivery, supplier/vendor managed inventory and greater flexibility conditions surrounding the delivery of goods and increases/decreases in supply. Raw Material Management.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

SPLC (Sustainable Purchasing Leadership Council)

MAY 29, 2019

They deployed a global sustainable procurement program that evaluated more than 1,100 suppliers by the end of 2018 using sustainability criteria. The criteria promote energy efficiency, reduce toxicity, ensure performance, support local and disadvantaged businesses and facilitate end of life management. Alameda County.

Leadership 40

Leadership Purchasing Sustainability Supply Chain Efficiency 40

SupplyShift

APRIL 27, 2021

Data tracking tools allow you to know who your spinners are, map your cotton supply chain, and understand suppliers’ due diligence efforts when it comes to forced labor. As moderator Kate Larsen mentioned, suppliers are frustrated about the redundancies that occur on the ground because brands aren’t collaborating in their assessment efforts.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Sourcing 40

Supply Chain Game Changer

NOVEMBER 16, 2018

There are considerable benefits from a SIOP process not the least of which is the improved integrity of the financial process, forecasting, resource and capacity planning, and Inventory Management. Supplier Operating Terms. One clue for me was that there were no material shortages. Raw Material Management.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43

SCMDOJO

OCTOBER 7, 2024

The main difference between MRP and ERP lies in the fact an ERP software focuses on automating a large number of back-office business functions, while MRP software focuses on materials management. Multiple business types may use ERP software, while MRP tools are mainly used by those directly involved in manufacturing operations.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Bill of materials 52

Supply Chain Game Changer

NOVEMBER 11, 2018

My work with Supply Chain started in 1983 when it was known as Materials Management and Logistics, it was a staff function in support of Operations to ensure that there was no interruption to supply and to maximise efficiency. Now it is the management of demand and customization of products.

Leadership 44

Leadership Supply Chain Efficiency Supply chain Consumer demands 44

SCMDOJO

DECEMBER 16, 2024

In today’s competitive business landscape, highlighting efficient materials management objectives is a critical step to be performed and achieved. Let’s talk about why material management objectives should be taken into consideration. This is a very well-known material management objective.

Material management 52

Material management Management Supply Chain Optimization Agile and Lean Supply Chain 52

Procurement Insights

JANUARY 19, 2025

Reference : The Standard Procurement System SAP R/3 : Overview : SAP’s R/3 system, introduced in the early 1990s, included modules for materials management and procurement, offering businesses an integrated approach to handle procurement alongside other enterprise functions.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization e2e 52