CLX Logistics

FEBRUARY 22, 2024

At the heart of these challenges lies the need for advanced tools and technologies to drive innovation, enhance decision-making, and unlock hidden value within procurement processes. ML algorithms enable predictive analysis and decision-making, while NLP algorithms enhance communication and data analysis capabilities.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

Logistics Viewpoints

FEBRUARY 15, 2022

Adding sourcing, quality and supplier management enables supply chain technology providers to create an agile and resilient supply chain for their customers through the entire lifecycle of a product. Armed with the right technology tools, companies can face disruption and be prepared to emerge more successful than their competition.

Supply Chain Planning Software 178

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 178

EazyStock

JUNE 24, 2020

In this four part blog series we discuss how inventory management teams can use inventory optimization to help deal with the impact of the Coronavirus in the medium and long term, focusing on demand forecasting, supplier management and inventory planning. Save Time by Automating Inventory Management Calculations.

Inventory Reduction 98

Inventory Reduction Procurement Solutions Inventory Supply Chain Planning Software 98

WorkWave

MAY 30, 2024

Organizations operating under a reactive SRM approach tend to have limited visibility into their supplier relationships and may lack a long-term strategy for supplier management. On the other hand, strategic supplier relationship management involves a proactive and long-term approach to managing supplier relationships.

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Log-hub

SEPTEMBER 17, 2024

The right inventory policy can be identified by a detailed inventory analysis of demand patterns, lead time for replenishment, storage costs, and production timelines. Inventory management ensures that the right amount of inventory is available at the appropriate moment, minimizing excess stock or shortages.

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. The tools for determining Cost To Serve include standard spreadsheet applications, such as MS Excel, and network design modeling software.

Purchasing Skills 90

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 90

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. ABC/XYZ analysis can help identify the most valuable items to your business.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52