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.

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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

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.

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Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

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.

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

Jaggaer

OCTOBER 24, 2024

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. That makes agility a foundational part of your manufacturing strategy.

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Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Driving Innovation and Competitive Advantage In today’s hyper-connected global economy, where supply chains span continents, and industries are interlinked globally, supplier collaboration serves as the foundation to drive innovation and create a future-ready organization. What is supplier collaboration?

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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.

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supply chain software solutions Import supply chain budgeting Budget 98

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 pursuit of efficiency is real. Subscribe Here!

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Innovation supply chain budgeting Supply Chain Efficiency Price 90

IBM Supply Chain Blog

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This can lead to can significant improvements in efficiency, accuracy and scalability and enable the organization to operate more effectively.

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

Finale Inventory

JULY 24, 2024

In the fast-paced realm of ecommerce, efficient inventory management is vital for running a successful online business. Without proper techniques, inventory can quickly become chaotic, leading to lost sales, frustrated customers, and unnecessary costs. This detail is crucial for efficient order fulfillment and inventory replenishment.

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Inventory Supply Chain Efficiency Management Order Fulfillment 52

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.

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Procurement Software

FEBRUARY 20, 2024

Spendkey is one of few spend analytics platforms which also offer transparent pricing on their website. You can configure costs based on your spend and number of data points to be analysed. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface.

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Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

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. This reduces administrative costs of procurement.

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Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Supply Chain Trend

OCTOBER 29, 2021

New Wave 3 Technology can empower a more efficient and responsive planning process. 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). TRADITIONAL IBP AND PLANNING TECHNOLOGY. Lacking insights.

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

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.

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Quantity supply chain budgeting Inventory Supply Chain Efficiency 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

IBM Supply Chain Blog

DECEMBER 1, 2023

IBM’s work with insurance clients, along with studies by IBM’s Institute of Business Value (IBV), show that insurer management decisions are driven by digital orchestration, core productivity and the need for flexible infrastructure. It is difficult, requires intensive labeling and takes months of effort.

Data 96

Data Risk Innovation Product development 96

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. Finished Goods Inventory Finished goods inventory is the end product ready for sale to customers.

Inventory 52

Inventory Raw materials Supply Chain Optimization supply chain budgeting 52

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.

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

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.

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Procurement Software

JUNE 25, 2024

We have the potential to enhance operational efficiency and drive wider business objectives. This article will first of all guide you through the essentials of procurement cost savings. We’ll then take a look at how we can move beyond just purchase cost reduction.

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Supply Chain Game Changer

AUGUST 14, 2019

Subscribe to Supply Chain Game Changer. In this series, we first wrote about how manufacturers are now looking at total landed costs when deciding where they will place manufacturing facilities. In addition to cutting the costs, these technologies create speed, precision, efficiency and flexibility for manufacturing companies.

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Finale Inventory

JULY 15, 2024

The inventory turnover ratio is a key metric that measures the efficiency of a company’s inventory management. This ratio indicates the speed at which inventory is sold and replenished, providing insights into the efficiency and effectiveness of inventory management. This is a step-by-step guide for calculating this ratio.

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

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

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. Via a variety of technologies, we will steadily tackle scalability and efficiency for current familiar chains. Subscribe Here!

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

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. Typically, the chain leases its stores and keeps them small and bare bones, saving money on real estate and extensive labor costs.

Business strategy 69

Business strategy Strategy Leadership Agile and Lean Supply Chain 69

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.

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

Finale Inventory

SEPTEMBER 6, 2024

A well-managed inventory ensures that products are available when needed and helps minimize costs while optimizing operations. This article highlights the importance of inventory tracking and various methods businesses can use for efficient inventory management. This minimizes stockouts and ensures a steady supply of products.

Inventory 52

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

Zycus Cognitive Procurement

JANUARY 31, 2023

By engaging in SRM practices, businesses can identify the best suppliers from which to source materials and services, optimize costs, mitigate risk, explore new opportunities for top-line growth through supplier innovation, streamline operational processes and receive preferential treatment as a customer of choice.

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Supplier relationship management Suppliers Management Supply Chain Efficiency 40

IBM Supply Chain Blog

APRIL 4, 2024

BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. Document-centric BPM is for efficiently managing documents and content—such as contracts—within processes. BPM is often confused with other seemingly similar initiatives.

Real-time Visibility 54

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Empowering CPO

JUNE 14, 2023

Whether you’re a procurement professional looking to stay ahead of the curve, a business leader seeking to drive efficiency, or simply someone interested in business innovation, this post is for you. These technologies enable better supplier evaluation, improved contract management, predictive analytics, and enhanced transparency.

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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.

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Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Improved data accuracy: Digital systems reduce the risk of human errors, ensuring accurate data for better decision-making.

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Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Supply Chain Trend

MARCH 31, 2017

Examples of an aspirational planning goal or BHAG can be: ‘our 6-month EBIT outlook will be within 2% error margin’, ‘we will decimate our budget cycle time’. ‘80% 80% of our new product developments will be successful’. Firstly, the annual operations plan or budget needs to be integrated in a planning cycle.

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Planergy

OCTOBER 4, 2022

Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. Product Development. Product development is an important area where big data can be used to improve results. Big data is also useful for improving the distribution of products.

Data 52

Data Import supply chain software solutions Quality 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.

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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.

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