Finale Inventory

JUNE 21, 2024

Raw materials play a crucial role in the field of ecommerce. This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Inventory 52

Procurement Tactics

APRIL 6, 2023

Sustainability in the Supply Chain Nowadays, many multinational companies pledge to work only with suppliers that follow environmental and social standards. The complex system of the supply chain can hinder visibility into crucial operational considerations such as the distance of a supplier’s factory and labor conditions.

Supply chain analysis 226

Supply chain analysis Sustainability Supply Chain Efficiency Supply Chain Optimization 226

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?

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

Supply Chain Dive

APRIL 25, 2024

The parent company behind brands like Dial soaps said about a quarter of its value chain emissions are caused by packaging and raw materials.

Raw materials 130

Raw materials Bidding Suppliers 130

Finale Inventory

JUNE 21, 2024

Raw materials play a crucial role in the field of ecommerce. This article aims to provide a comprehensive understanding of raw materials, including their definitions, formulas, types, and importance in the ecommerce industry. Raw materials play a fundamental role in the supply chain of ecommerce businesses.

Raw materials 52

Raw materials Import Supply Chain Efficiency Supply Chain Optimization 52

Finale Inventory

AUGUST 4, 2024

One important aspect of inventory management is tracking raw materials. Raw materials are the foundation of your products, and accurately tracking them in your inventory system is vital for maintaining optimal production levels and meeting customer demands. Monitoring these materials is important for several reasons.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52

Procurement Insights

FEBRUARY 18, 2025

EDITOR’S NOTE: I have recently completed a preliminary analysis of Packaging & Container Companies’ challenges to enable greater supplier collaboration and automation around the purchase order process, including PO confirmations, shipment notices, and price/quantity changes.

Purchase orders 52

Purchase orders Collaboration Purchasing Suppliers 52

Spend Matters

NOVEMBER 19, 2024

For example, if a supplier fails, there should have been leading indicators of their impending failure. Finally, customers are worried about the lack of visibility into sub-tier suppliers. While most have insight into their top-tier suppliers, they often don’t know what’s happening further down the supply chain, making them vulnerable.

Risk management 110

Risk management Risk Management Real-time Visibility 110

Finale Inventory

JULY 23, 2024

Calculating raw materials inventory accurately is vital for any ecommerce business. This article will guide you through the steps of calculating raw materials inventory using Finale Inventory and provide tips for optimizing your inventory management and overcoming common challenges.

Raw materials 52

Raw materials Inventory Supply Chain Efficiency Supply Chain Optimization 52

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. Businesses need to identify vulnerabilities in their networks, from supplier dependencies to transportation delays. By establishing relationships with multiple suppliers across different regions, companies can reduce dependency on a single provider.

Project management 91

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

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Dropshipping Suppliers — Pricing & Reviews The US dropshipping market reached an estimated amount of $15.64 Top 10 US Dropshipping Suppliers Study Procurement Study Negotiations 1.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

SCMDOJO

MARCH 24, 2025

3) Supplier Evaluation Purchase Price Variance (PPV) assists in evaluating supplier relationships and managing supplier selection. It helps determine the accuracy of supplier pricing. Checkout SCMDOJO’s Supplier Excellence Manual, your go-to supplier management guide!

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Supply Chain Dive

SEPTEMBER 2, 2022

Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.

Raw materials 143

Raw materials Supply chain Suppliers Supply 143

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

Spend Matters

AUGUST 22, 2023

When price rises for raw materials, such as copper or wheat, are market-driven or are defined by market fluctuations, the procurement professional can be sure their supplier will be on the phone to set expectations of cost increases. Where you have knowledge, you can leverage where you and your supplier can optimize.

Raw materials 97

Raw materials Suppliers Buyers Price 97

Procurement Tactics

APRIL 13, 2023

To do this, you can challenge your suppliers to minimize their greenhouse gas emissions in their production process, use energy-efficient machines, lessen their transport movements, and use sustainable energy. For example, you can use bio-based raw materials which replace fossil raw materials that have a huge negative effect on the planet.

Sustainability 195

Sustainability Raw materials Procurement strategies Negotiation 195

Procurement Leaders

DECEMBER 9, 2022

Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships. We have refocused some of our efforts on making Ferring higher on the priority list of our strategic suppliers. Why are they so important?

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Procurement Heads

NOVEMBER 15, 2022

In the first project, we got the list of suppliers down from 14 to four and the spend reduced by 35%, it didn’t take long for them to give us access to more categories, and more areas as they could see the worth straight away, which is the best way of doing it, show the value, it is not just savings, it is streamlining the supplier base as well.

Raw materials 246

Raw materials Buyers Price Procurement 246

ivalua

SEPTEMBER 7, 2022

The solution will target all indirect commodities as well as raw materials and equipment. Managing suppliers effectively by identifying potential risks and monitoring their performance is becoming increasingly challenging and, at the same time, critical for businesses in the current economic and geopolitical context.

Purchasing 130

Purchasing Suppliers Raw materials Spend management 130

Spend Matters

JANUARY 2, 2024

After the last few tumultuous years, procurement teams are still facing steep challenges in getting ahead of supplier and supply chain risks. Some organizations have opted to invest in new, more robust supplier and third-party risk management (TPRM) systems, while others are optimizing their existing systems.

Risk 109

Risk Suppliers Raw materials Risk management 109

Procurement Tactics

JULY 20, 2023

5 Best Global Concrete Product Suppliers Study Procurement Study Negotiations 1. Holcim [link] With a softer demand in concrete building materials for 2 consecutive years due to the pandemic and inflation, Holcim thrives and still holds its top spot as the leading manufacturer and supplier of concrete products.

Price 193

Price Suppliers Sustainability Negotiation 193

Supply Chain Dive

AUGUST 18, 2022

The beauty supplier is working to enhance vendor relations to get ahead of raw material constraints.

Raw materials 122

Raw materials Suppliers 122

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. Ultimate Supplier Plotting Checklist 2022.

supply chain budgeting 182

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

Spend Matters

DECEMBER 15, 2022

Categories: Sponsored Article , Supplier Management , Sustainability Tags: EU , Sponsored Article Scope 3 emissions — all the indirect emissions that a company generates over the course of its operations, from raw material extraction down to end consumer and disposal — are comfortably the biggest source of emissions for virtually any business.

Raw materials 103

Raw materials Suppliers Collaboration Sustainability 103

Spend Matters

FEBRUARY 13, 2025

In his assessment, Utz previously excelled in the operational aspects of procurement, such as transacting business, supporting manufacturing operations and maintaining raw material inventory the day-to-day firefighting of procurement. In January 2023, Ron joined Utz to lead procurement through this transformational period.

Influencing 103

Influencing Procurement supply chain budgeting Strategic sourcing 103

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Wholesale Jewelry Suppliers — Pricing & Reviews According to IBISWorld, the US wholesale jewelry market declines by 2.7% Now, it’s time to choose wholesale jewelry suppliers.

Suppliers 146

Suppliers Price Negotiation Purchasing 146

Procurement Insights

NOVEMBER 26, 2024

“Clearly, tariffs will raise costs for imported and domestic raw materials (steel, aluminum, plastic resins, wood, paper, etc.). We should all be prepared when suppliers cite these cost increases to justify higher prices for the products they sell us. ” – Rod Sherkin , ProPurchaser.com Inc. .”

Raw materials 52

Raw materials Price Negotiation Suppliers 52

Strategic Sourceror

JANUARY 20, 2023

However, climate change poses a more fundamental threat to global supply chains, as extreme weather events, sea-level rise, unpredictable weather patterns and new compliance regulations all conspire to restrict the ability of suppliers to move goods between markets. Flooding could severely impact the resiliency of global supply chains.

Supply chain 142

Supply chain Raw materials Supply Strategic sourcing 142

Procurement Tactics

NOVEMBER 14, 2022

It encompasses everything from acquiring the raw materials you need to make the product to delivering that product to your customers. . Ultimate Supplier Plotting Checklist 2022. As a procurement manager, I pushed the supply chain team to always be in the lead of supplier escalation in case our standards were not met.

Retail Supply Chain 190

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

Procurement Tactics

SEPTEMBER 13, 2022

In recent years, there are numerous multinational corporations pledging to work only with suppliers that follow environmental and social standards. From raw materials sourcing to production, storage, and delivery, it monitors if these processes may cause harm to the environment and communities. . Databases and ERP.

Supply Chain Efficiency 183

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

Procurement Tactics

NOVEMBER 25, 2022

Recession economies also see a decline in production and manufacturing as a result of more expensive raw materials. . Ultimate Supplier Plotting Checklist 2022. During the Great Recession, 80% of suppliers sustained or increased their income from government business. . in 2021 despite the small decrease in income. .

Raw materials 195

Raw materials Bidding Contract Suppliers 195

Procurement Tactics

JUNE 8, 2023

If you want to determine the source of your products, you will also need data on manufacturing and raw material costs. You have the option to either buy from suppliers or configure your own tool that suits your needs and is cost-efficient. Frequently asked questions + What is supply chain network design? Why is it important?

Supply Chain Optimization 211

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

Supply Chain Brain

OCTOBER 10, 2024

From the rapid shift to electric vehicles and skyrocketing costs to raw material shortages, geopolitical tensions, and volatile market demands, suppliers face pressures that can define their success or failure. The automotive supply chain has never been more challenging.

Raw materials 102

Raw materials Supply chain Supply Demand 102

Procurement Leaders

JULY 1, 2024

Yet preliminary findings from our ESG glide path research ( participate in the survey ) indicate that more than one-quarter of procurement teams do not currently collect upstream emissions data about their suppliers and, of those that do, only half use primary data obtained from suppliers directly.

Collaboration 130

Collaboration Raw materials Agile and Lean Supply Chain Procurement team 130

SCMDOJO

FEBRUARY 26, 2025

Procurement Cost Efficiency CPI can track procurement cost efficiency by comparing budgeted vs. actual spending on raw materials and supplies. Example: If a company planned to procure materials worth $100,000 but ended up spending $120,000. Example: A supplier was expected to deliver components worth $500,000. A CPI of 0.83

supply chain budgeting 52

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

Procurement Insights

APRIL 4, 2025

Prompted by a question I had received from one of my readers regarding the impact of an M&A on procurement, and in particular the departments relationship with suppliers, I thought that I would share the following with you.

Agile and Lean Supply Chain 72

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 72

Procurement Leaders

DECEMBER 9, 2022

We are proactively communicating with top management to provide a heads-up in terms of financial target planning and support for action planning – both in terms of macro updates and raw-material price impacts. Finally, we work extremely closely with suppliers to reduce the impact of inflation.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162