SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

SupplyShift

NOVEMBER 12, 2021

On November 2nd – 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s biggest supply chain sustainability issues. Check out our roundup of supply chain sustainability collaborations and industry groups. .

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Sustainability Supply chain 52

Procurement Templates

JUNE 18, 2023

Strategic sourcing: Adopting strategic sourcing practices enables procurement to analyze the entire supply chain and identify cost drivers. By understanding the components and processes that contribute to the final product’s cost, procurement can explore opportunities to optimize and reduce expenses.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Supply Chain Game Changer

MARCH 25, 2021

Subscribe to Supply Chain Game Changer. For decades, forward-thinking supply chains were defined by how robust their investments into Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) was. What are Supply Chain Management Platforms? Get Our EBOOK HERE.

supply chain software solutions 81

supply chain software solutions Real-time Visibility supply chain budgeting Supply Chain Efficiency 81

Supply Chain Opz

JUNE 1, 2014

Supply chain planning has been recognized as one of the best practices due to the force behind globalization and higher level of competitions. Considerable cost savings can be achieved when it''s implemented properly. Is this the scope of supply chain planning?

supply chain software solutions 105

supply chain software solutions supply chain budgeting Supply chain Distribution channels 105

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples: Use cases Streamlining supply chain management Using BPR for supply chain optimization involves a meticulous reassessment and redesign of every step, including logistics, inventory management and procurement.

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 57

Finale Inventory

AUGUST 20, 2024

A thorough analysis of your inventory requirements can also highlight opportunities for streamlining your supply chain and reducing costs. By identifying key products critical to your operations, you can prioritize them for bulk ordering and improve your inventory management process.

Quantity 52

Quantity supply chain budgeting Inventory Supply Chain Efficiency 52

Supply Chain Opz

JUNE 1, 2014

Supply chain planning has been recognized as one of the best practices due to the force behind globalization and higher level of competitions. Considerable cost savings can be achieved when it''s implemented properly. Is this the scope of supply chain planning?

supply chain software solutions 91

supply chain software solutions supply chain budgeting Supply chain Distribution channels 91

Supply Chain Game Changer

APRIL 25, 2022

Subscribe to Supply Chain Game Changer. How to Reduce Software Development Cycle Time! The easiest way to receive such service is to hire dedicated development team. A specialized development staff, on the other hand, saves time and money. Your product development budget won’t go over.

supply chain software solutions 94

supply chain software solutions supply chain budgeting Supply Chain Efficiency Quality 94

Supply Chain Game Changer

OCTOBER 30, 2022

Subscribe to Supply Chain Game Changer. How to Reduce Software Development Cycle Time! It’s no secret that the software development process can be long and arduous. You can hire a consultancy firm, you can work with a software development company , or you can DIY it. Subscribe Here! Email Address.

supply chain software solutions 98

supply chain software solutions Import supply chain budgeting Budget 98

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

The Good Spending

JUNE 15, 2022

Modified Rebuy A buyer wants to replace or amend a product used in the organization. The decision-making may involve plans to modify the product specifications, prices, terms, or vendors to enhance the product quality or reduce cost. Therefore, negotiations will be the most suitable mode of supplier selection.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Arkestro

OCTOBER 3, 2024

From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest industry trends. It’s anything but easy to manage. PPO can transform automotive procurement in a variety of areas.

Procurement 52

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 52

Supply Chain Opz

JUNE 1, 2014

Professionals in supply chain management use various methods to identify best practices to improve the operations. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Supply chain 95

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Subscribe Here! Email Address.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

ivalua

FEBRUARY 24, 2021

Strong supplier relationships lead to new product development and innovation, as well as reduced costs and increased efficiencies. Product quality improves and the supply chain is more likely to keep humming along, despite disruptions caused by global or political events — which seem to be common these days.

Suppliers 130

Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

supply chain software solutions 52

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 52

Finale Inventory

JULY 3, 2024

This is particularly important for online businesses where customers expect fast shipping and reliable product availability. Moreover, efficient inventory management enables you to optimize your operations and reduce costs. Implement just-in-time inventory practices, ordering raw materials as needed to minimize carrying costs.

Inventory 52

Inventory Raw materials Supply Chain Optimization supply chain budgeting 52

Finale Inventory

JULY 21, 2024

Determining the total manufacturing cost allows companies to make well-informed decisions regarding product pricing and overall business strategies. This guide will cover the concept of total manufacturing cost, break down its components, provide useful formulas, and discuss how to interpret the results and reduce costs effectively.

Raw materials 52

Raw materials Price supply chain budgeting Inventory 52

Supply Chain Game Changer

FEBRUARY 11, 2022

Subscribe to Supply Chain Game Changer. 5 Things Startups Must Know Before Launching a Minimum Viable Product (MVP)! Product innovation is at the center of many success stories. Every product that exists now, or that existed before, was once an innovation. The post How to Create Successful and Innovative Products!

Innovation 90

Innovation supply chain budgeting Supply Chain Efficiency Price 90

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. It also provided insight into building resilience through technology, people, and processes concerning the continuous improvement of the supply chain.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

World of Procurement blog

MAY 23, 2024

The goal of supplier consolidation is to streamline procurement processes, reduce costs by leveraging economies of scale, strengthen relationships with top-performing suppliers, and drive performance improvements through better coordination. Working closely with fewer suppliers also enhances supply chain transparency and resilience.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

Supply Chain Game Changer

APRIL 26, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 52

Leadership supply chain budgeting Supply Chain Optimization supply chain software solutions 52

Finale Inventory

JULY 15, 2024

This capital can then be reinvested in areas such as marketing, product development, or enhancing the customer experience. Key Components of Inventory Turnover Ratio The inventory turnover ratio is calculated using two primary components: the cost of goods sold (COGS) and the average inventory.

Inventory 52

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

Supply Chain Game Changer

JUNE 8, 2021

Subscribe to Supply Chain Game Changer. Here at Supply Chain Game Changer our fundamental mission is to share experiences and expertise for the benefit of all. Supply chain is both deep and broad. I read multiple magazines and supply chain blogs to keep current. Subscribe Here! Email Address.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 97

Procurement Software

JUNE 25, 2024

Negotiate more favorable terms or explore cost avoidance strategies, such as longer payment terms, that can positively impact your working capital. Aim for partnerships that offer mutual benefits, such as shared growth opportunities or innovation in product development. Rather, it maintains it against potential increases.

Procurement 52

Procurement Supply Chain Efficiency Chief Procurement Officer Price 52

Procurement Software

MAY 23, 2023

Very few CEOs come from Procurement or Supply Chain. In a world of hyper connectivity created by rampant globalisation, Apple had shown itself to be a master of procurement, working with suppliers around the world to create the highest quality and most innovative products, all for the best price.

Procurement 52

Procurement supply chain budgeting Agile and Lean Supply Chain Suppliers 52

Supply Chain Opz

MARCH 31, 2015

Modern purchasing executives take part in value creating initiatives such as performance improve program, cost reduction program and new product development program. Patterson 5) Purchasing and Supply Chain Management: Analysis, Strategy, Planning and Practice by Arjan J. Monczka, Robert B. Handfield, Larry C.

Purchasing 111

Purchasing supply chain budgeting Price negotiations Supply chain management 111

Una

JANUARY 8, 2024

Here are some examples of how a Cost-First Crusader and a Value-Creation Maestro might approach the same purchasing needs in different ways: Office Printers Cost-First Crusader You're on a mission to save on printers. You snag a bunch of budget-friendly printers without considering the long game.

supply chain budgeting 52

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

Barkers Procurement

FEBRUARY 25, 2024

In parallel, it will also look at its expenditure meaning it is frequently the case that the Procurement function will be asked to commit incremental cost reduction to that which has already been budgeted, without the luxury of knowing its method of delivery.

Procurement 52

Procurement supply chain software solutions Contract Agile and Lean Supply Chain 52

Finale Inventory

SEPTEMBER 6, 2024

This minimizes stockouts and ensures a steady supply of products. Efficient inventory tracking improves supply chain management by providing real-time visibility into inventory levels, which optimizes procurement, streamlines order fulfillment, and reduces lead times.

Inventory 52

Inventory Real-time Visibility supply chain software solutions Order Fulfillment 52

IBM Supply Chain Blog

JUNE 29, 2023

Digitalization has had a profound impact on the manufacturing sector, enabling businesses to optimize processes, improve quality and reduce costs. 3D printing 3D printing, also known as additive manufacturing, is a rapidly growing technology that has changed the way companies design, prototype and manufacture products.

Supply Chain Optimization 54

Supply Chain Optimization Agile and Lean Supply Chain Sustainability Supply Chain Efficiency 54

IBM Supply Chain Blog

DECEMBER 1, 2023

Digital transformation with AI Insurance companies are reducing cost and providing better customer experience by using automation, digitizing the business and encouraging customers to use self-service channels. Several prominent companies in every geography are working with IBM on their core modernization journey.

Data 96

Data Risk Innovation Product development 96

IBM Supply Chain Blog

DECEMBER 20, 2023

Starbucks also paid careful attention to its supply chain, ensuring is products were ethically sourced and offering specialty drinks that in some geographic locations could be difficult to find. Rather than trying to enter an entirely new market, the company focused on providing low-cost goods to rural consumers.

Business strategy 69

Business strategy Strategy Leadership Agile and Lean Supply Chain 69

Supply Chain Trend

OCTOBER 29, 2021

If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). To become autonomous, supply chains require the new technology of Wave 3 planning systems, which we think of as systems of intelligence.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

Supply Chain Game Changer

APRIL 10, 2021

Subscribe to Supply Chain Game Changer. Budgets for blockchain research and development will be cut if no demonstrable advances to existing database technologies can be achieved. a straightforward illustration is Ethereum, which is also suffering from a lack of product development. Subscribe Here!

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Product development 52