SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

Jaggaer

OCTOBER 24, 2024

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

NOVEMBER 27, 2019

So what does “good” strategic sourcing look like? The primary difference between Strategic Sourcing and “good” Strategic Sourcing is contextualized flexibility. Procurement must be able to apply the general principals of Strategic Sourcing in a way specific enough to maximize the value of each spend category.

Strategic sourcing 113

Strategic sourcing Strategic sourcing Sourcing Suppliers 113

Supply Chain Opz

JANUARY 7, 2013

Is Apple Supply Chain Really the No. Surprisingly, IT research firm Gartner ranks Apple Supply Chain as the best supply chain in the world for 4 years in a row. But, is Apples Supply Chain really the number 1? 1) Apples Supply Chain Model. Supply Chain Model of Apple Inc.

Supply Chain Efficiency 111

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 111

Spend Matters

JULY 25, 2022

Categories: Procurement Strategy & Planning , Procurement Systems & Architecture , Solution Providers , Source to Pay , Spend Management , Supply Management , Technology Tags: PRO I attended Coupa’s annual Inspire conference this year and was excited to finally attend a large event rather than just small meetings with clients and colleagues.

Spend management 98

Spend management Supply Chain Optimization Supply chain management Supply chain management 98

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. Here, we get another central point, the capital.

supply chain software solutions 52

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

Supply Chain Game Changer

AUGUST 21, 2022

Subscribe to Supply Chain Game Changer. Supply Chain’s Moment of Truth Has Arrived! A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

EazyStock

DECEMBER 13, 2020

You already know the biggest supply chain disruption of 2020: the COVID-19 pandemic. With that said, how can you keep your supply chain running as smoothly as possible in the meantime? The best way to safeguard your supply chain will be by building resilience into your operations. Optimize Inventory.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 98

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. And the standard items are invariably great deals, even if the quantities are larger than you will find in other stores.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 84

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Procurement Tactics

JUNE 28, 2023

It typically looks for details such as supplier information, item descriptions, quantities, prices, or arrival dates. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

EazyStock

JULY 19, 2019

What is inventory optimization? You’ve heard of inventory management, and you probably already have some inventory management practices implemented in your supply chain. So what is inventory optimization? To achieve this, you need to account for both supply and demand volatility.

Supply Chain Optimization 55

Supply Chain Optimization Inventory Quantity Demand 55

Procurement Tactics

JULY 2, 2023

Laying out the relevant details such as the quality standards, quantities, and specifications of the subject goods or services as well as the other dependencies will allow for an effective collaboration and avoid misinterpretation. To continue to optimize procurement processes, implement these lessons in future job orders.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

Supply Chain Game Changer

APRIL 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! Everyone involved in these Supply Chains is abiding by the social distancing and protective mandates we all are adhering to. What is a Don’t Touch Supply Chain Strategy?

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

Supply Chain Game Changer

JUNE 9, 2020

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? This will invariably impact the Supply Chain of the future. And how exactly will it impact Supply Chain? Source: Digital IoT Reporter on Twitter and www.icssindia.in. What does 5G mean for Supply Chain?

Supply Chain Optimization 83

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 83

SCMDOJO

DECEMBER 11, 2023

Access to data on supplier performance, market trends, and cost analyses enables leaders to optimize procurement strategies for improved efficiency and effectiveness. This fosters stronger collaborations, encourages accountability, and ensures a more reliable and resilient supply chain.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

SCMDOJO

SEPTEMBER 7, 2024

The key to achieving this supply chain utopia lies in understanding the different types of warehouses and their strategic roles. Importance of Warehouses in Supply Chain Management Warehouses play a pivotal role in the efficient functioning of supply chain management. Sounds like a dream, right?

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Order Fulfillment supply chain budgeting 98

SCMDOJO

JANUARY 22, 2025

Receiving: This crucial stage involves the efficient offloading of goods from incoming trucks, conducting thorough inspections to ensure quality and quantity accuracy, and accurately documenting the receipt of inventory. Cycle Time: Time taken to complete a specific process or task within the supply chain.

Logistics 52

Logistics Supply Chain Efficiency supply chain budgeting Order Fulfillment 52

ivalua

AUGUST 21, 2022

First of all, we must identify the suppliers with the highest emissions either by physical quantity or amounts spent. C Supply Chain Leaders” and digital platforms such as “CDP Supply Chain”, for example, are proving helpful in reducing supplier overwhelm and advancing efforts to achieve emission targets (see box on the right).

supply chain software solutions 130

supply chain software solutions Supply Chain Optimization Suppliers Supply Chain Efficiency 130

ivalua

JUNE 10, 2020

The Covid-19 pandemic has exposed the fact that many supply chains remain inadequately prepared for a crisis. Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Today’s supply chain managers deal with higher financial risks than ever before.

Risk management 147

Risk management Risk Suppliers Management 147

Supply Chain Game Changer

MARCH 9, 2022

Subscribe to Supply Chain Game Changer. Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. It streamlines the procure-to-pay and source-to-contract processes.

Procurement 108

Procurement Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 108

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference.

Procurement 105

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 105

Arkestro

JULY 30, 2024

Resources / Blog / Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain The automotive industry has always been at the forefront of implementing innovative production methods to meet consumer demands efficiently.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

Jaggaer

OCTOBER 24, 2024

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. Potential supplier risks may involve quantities, quality, time, regulations, contract terms, and your organization’s reputation, as well as compliance risks.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

IBM Supply Chain Blog

JULY 25, 2023

This software, and the insights it provides, can help providers predict demand patterns, identify potential issues and optimize the distribution network. Phasor measurement units (PMUs) monitor electrical waves on the electricity grid using a common time source for synchronization.

Demand 56

Demand Networking Data Sustainability 56

EazyStock

MAY 20, 2020

At the same time, companies are dealing with erratic customer behavior and badly disrupted supply chains. Why COVID-19 is Driving Supply Chain Digitalization. In 2019 MHI and Deloitte published their report “Elevating Supply Chain Digital Consciousness”. The Benefits of Supply Chain Digitalization.

Supply Chain Efficiency 52

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

EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

supply chain budgeting 52

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

Arkestro

JULY 18, 2023

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.

Supply Chain Optimization 52

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

EazyStock

JULY 17, 2020

Now we’re going to focus on mitigating the risks of supply chain disruption as we move out of lockdown and into a new, but uncertain, future. Global Supply Chain Disruption due to COVID-19. When the COVID-19 pandemic emerged earlier this year, many businesses saw instant disruption to their supply chains.

Supply Chain Efficiency 52

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

The Thomas Blog

AUGUST 2, 2022

That means zeroing in on what materials you want to work in, what quantities and delivery schedules you’re best equipped for, and so on. Determine the types of companies you’d like to do business with, then focus on the optimal industries, company size, location, and other factors that work best for you.

Buyers 144

Buyers Quality Ethics Export 144

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

Supply Chain Optimization 52

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

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. In this guide, you’ll find everything you need to know about lead time and how to use it to optimize your order fulfillment. Each element of your supply chain has its own lead time. Stockouts can affect any element of your supply chain. Subscribe Here!

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Supply Chain Optimization Inventory 98

Supply Chain Game Changer

JANUARY 15, 2021

Subscribe to Supply Chain Game Changer. Interested in finding a dependable source of warm and high-quality leads to fuel your sales pipeline? Interested in finding a dependable source of warm and high-quality leads to fuel your sales pipeline? The post Lead Generation for Supply Chain: 5 Ways to Get Prospects!

supply chain budgeting 62

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supply chain 62

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

IBM Supply Chain Blog

MAY 9, 2023

The emergence of transformers and self-supervised learning methods has allowed us to tap into vast quantities of unlabeled data, paving the way for large pre-trained models, sometimes called “ foundation models.” We hope to soon run these compressed models on our AI-optimized chip, the IBM AIU.

Data 128

Data Quality Sourcing Sustainability 128

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. ABC/XYZ analysis can help identify the most valuable items to your business.

supply chain software solutions 52

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