WorkWave

MAY 30, 2024

In this expert guide, we will explore the key elements of SRM, best practices for managing supplier relationships, and how field service companies can leverage SRM to drive success in their operations. What is Supplier Relationship Management (SRM)?

Negotiate Pricing 52

Negotiate Pricing Vendor Strategies Negotiating Skills Material Savings 52

Logistics Business Magazine

JANUARY 12, 2024

TradeBeyond’s CBX Suite will help OBI to optimize its supply chain end-to-end, from supplier management to its sourcing, quality, order management, and production processes for their own sourcing organization OBI Group Sourcing (OGS) in Asia.

Sourcing Strategies 53

Sourcing Strategies Supply Chain Software Supply Chains Efficiency 53

Logistics Business Magazine

AUGUST 18, 2022

The company thus implements its 2023 SSI Strategy Roadmap, which defines sustainability as one of six focus topics. Based on a comprehensive analysis of its business environment, which also involved the main stakeholders of the group of companies, SSI Schaefer has defined four action areas in accordance with its corporate strategy: 1.

Material Savings 59

Material Savings Resource Reduction Groups Strategy 59

Logistics Viewpoints

SEPTEMBER 13, 2023

As part of its connected geo strategy, FourKites has expanded its operations to Japan, as it sees the country as an important link in the global supply chain. As these disruptions continue to occur, shippers and carriers need to have their supply chains across the globe connected for risk mitigation and improved ETAs for their customers.

Supply Chain Planning Software 167

Supply Chain Planning Software Waste Reduction Optimal Sourcing Supply Chain Software 167

Logistics Viewpoints

FEBRUARY 15, 2022

Your supply chain should benefit from end-to-end supply chain visibility and execution solutions that work together in a coherent supply chain orchestration strategy. What does that mean?

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 176

Logistics at MPEPS at UPV

MAY 24, 2023

In this sense, Saona has managed to stand out not only for its delicious food, but also for its competitive prices. Successful supplier management provides reliable deliveries of high quality food and products. Key success factors The restaurant sector is a very competitive environment and differentiation is almost essential.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Logistics Network Optimization Software 52

Log-hub

SEPTEMBER 17, 2024

Advantages and Disadvantages One of the key advantages of the JIT strategy is its ability to lower holding costs by reducing inventory levels, which in turn decreases carrying expenses such as storage and obsolescence costs. However, managing this system can be challenging for large businesses with a vast number of SKUs.

Inventory Reduction 40

Inventory Reduction Supply Chain Planning Software Inventory Scenario Planning 40

Logistics Bureau

JANUARY 7, 2020

2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123

GoShip Blog

FEBRUARY 18, 2020

One of the possible solutions to cut unnecessary costs is to look into your inbound freight shipping strategy. Why is inbound shipment management important? Many companies decide to let vendors and suppliers manage inbound loads on their own. Inbound freight shipments are a critical part of every retailer’s supply chain.

Inbound 52

Inbound Vendor Strategies Cost Reduction Freight 52

Logistics Bureau

JANUARY 9, 2019

2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

3PL Links

AUGUST 18, 2023

The definition of inventory management, however, is the skill of managing these conflicting aims, directing strategies, and appropriately prioritizing objectives in the face of this scenario. Why is good inventory management important for your company? This business model is known as dropshipping.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

EazyStock

MARCH 3, 2022

In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items. How to implement JIC inventory management with optimum stock levels. Just in case inventory management doesn’t have to mean inflating stock to really high levels.

Inventory Reduction 52

Inventory Reduction Inventory Supply Chain Planning Software Cost Reduction 52

SYSPRO Smarter ERP

MARCH 9, 2022

Combining an ERP and SCM system can help manufacturers in several ways, including: better inventory planning and management, allowing procurement to make better decisions about purchasing and selection of suppliers, managing complex supply chain networks more efficiently.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

Logistics Viewpoints

OCTOBER 10, 2022

Steve: Klaus, when we talked, you mentioned Autoliv was already doing digital supplier management, had digital sourcing solutions, and was looking at real-time transportation visibility solutions to provide better predicted times of arrival for inbound and outbound shipments. Steve: Jan, you have not said much. Any final thoughts?

Supply Chain Planning Software 148

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 148

CLX Logistics

FEBRUARY 22, 2024

From streamlining sourcing and supplier management to optimizing contract negotiations and spend analysis, AI and ML offer various capabilities that can revolutionize procurement management operations and drive sustainable value creation.

Optimal Sourcing 52

Optimal Sourcing Procurement Negotiating Skills Supply Chain Software 52

3PL Links

APRIL 23, 2024

Supplier management Artificial intelligence can help you manage suppliers more objectively and efficiently. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies. It lets you assess their performance using both qualitative and quantitative methods.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 48

Supply Chain Brain

JUNE 22, 2018

Show notes : D&B’s perspective on supplier management. Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes. Stream or download podcast here.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 40

Automotive Logistics

JULY 18, 2018

mpu_ad] Markus Schäfer, production and supply chain member on Mercedes-Benz Cars’ divisional board, added: “Within a very short time, our production strategy has enabled us to master the third successful ramp-up of the new A-Class Mercedes-Benz.”. The previous version of the A-class was manufactured at the Finnish plant from 2013.

Production 28

Production Supplier management Modeling Training 28

Logistics Business Magazine

NOVEMBER 15, 2021

For example, new software platforms are emerging to help with sustainable sourcing, supply chain emissions visibility, supplier management and monitoring as well as ensuring products re-enter the value chain through a circular economy. Visibility can only be attained when each player shows their hand and is playing the same game.

Waste Reduction 50

Waste Reduction Supply Chain Software Modeling Software Cost Reduction 50

Logistics Business Magazine

AUGUST 14, 2019

GIL reported very good results and continues to implement its strategy to drive operational efficiency. Tarek Sultan, Agility Vice Chairman and CEO, said: “We had a good Q2 despite the tough environment we operate in. GIL net revenue improved 3.1% in the first half.

Expense Reduction 31

Expense Reduction Cost Reduction Logistics Network Optimization Software Freight 31

Logistics Business Magazine

NOVEMBER 21, 2018

Supply chain executives must develop a proactive strategy for engaging their business ecosystems and select the right mix of business processes and technology. Multi-Partner digital ecosystems are becoming the pre-eminent form of collaboration to support new digital business models. Our globalized future is all about networks and ecosystems.

Gartner 28

Gartner Vendor Strategies Inventory Reduction Sourcing Strategies 28

EazyStock

JUNE 23, 2022

All successful businesses use data to develop strategies and review their outcomes. This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. , so you have time to implement contingency plans. What is big data?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Supply Chain Planning Software 52

GlobalTranz

OCTOBER 5, 2015

Traditional supply chain tasks in procurement , planning, logistics and supplier management would be streamlined by intelligent, data-driven systems in a collaborative multi-enterprise environment. The decision-making capacity of smart devices within an IoT-enabled network also affects the overall supply chain structure.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 111

Logistics Bureau

OCTOBER 28, 2020

Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. The pandemic starkly highlighted the need for companies to have back-up suppliers. Inventory Management.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 84

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Supplier management Supplier ranking Even the best inventory management systems and processes will fail without a robust supply chain.

Supply Chain Planning Software 52

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

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Supplier management. Supplier ranking. Even the best inventory management systems and processes will fail without a robust supply chain. Supply chain issues.

Supply Chain Planning Software 52

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

GlobalTranz

MAY 21, 2015

At distribution centers, Walmart uses cross-docking, a process in which product is exchanged between trucks so that each truck going to a retail store has products from different suppliers. Managers should ensure that a firm’s transportation strategy supports its competitive strategy.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Cost Reduction Supply Chains 100

Logistics Bureau

OCTOBER 28, 2020

Single sourcing is a supply chain trend which can easily lead to mistakes for small and medium-sized businesses, especially if it’s chosen as a strategy without regard to the potential risks. The pandemic starkly highlighted the need for companies to have back-up suppliers. Inventory Management.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 62

Logistics Bureau

DECEMBER 14, 2021

Here are the 9 easiest, fastest, and most effective ways to boost your Supply Chain performance. And discover the respective term of each area in these 3 categories: Short, Medium, and Long. Watch this: Related articles on this topic have appeared throughout our website, check them out: KPIs for Your Warehouse: How to Choose and Use Them.

Supply Chains 95

Supply Chains How To Optimal Sourcing Article 95

GlobalTranz

AUGUST 7, 2015

Supplier Management. How are you incorporating big data analytics to supply chain management? Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.

Procurement Analytics 98

Procurement Analytics Supply Chain Software Purchasing Skills Supply Chains 98

GoShip Blog

DECEMBER 3, 2023

Apparently, retail compliance programs will soon be used by even small retailers, so it’s crucial to understand the goal of supplier management and how it works. While this makes retail companies more secure, it poses an additional challenge for shippers and vendors to meet the terms of the partnership. What is vendor compliance?

Vendor Strategies 52

Vendor Strategies Compliance Cost Reduction Inventory Reduction 52

Logistics at MPEPS at UPV

MAY 18, 2017

Acquisition strategy. Knowledge of supplier costs. Supplier relationship management. Contract/supplier management availability and expertise. Supplier development and continuous improvement Supplier communications. Planning failures. Forecast reliability/schedule availability. Program maturity.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 40

Logistics Bureau

SEPTEMBER 28, 2020

Even before the pandemic swept across the planet, larger companies were increasingly using 4PL providers to act as their logistics department, handling matters such as order management, legal compliance, warehousing, and supplier management.

4PL 116

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 116

GlobalTranz

FEBRUARY 24, 2016

Author information Adam Robinson Adam Robinson oversees the overall marketing strategy for Cerasis including website development, social media and content marketing, trade show marketing, email campaigns, and webinar marketing.

Waste Reduction 53

Waste Reduction Inventory Reduction Cost Reduction Resource Reduction 53

Conger

DECEMBER 13, 2022

Because in this post, you’ll find 11 effective strategies for doing just that. Ditch Unreliable Suppliers. Choose Domestic Suppliers. Consolidate Suppliers. Note: If you can't find a local supplier, use the large ordering strategy: Placing larger orders but less frequently to keep more inventory on hand.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Vendor Strategies Waste Reduction 52

247 Customs Broker

MARCH 8, 2018

If you are single sourcing particular raw materials, analyze the supplier’s renewals and reusables. Help suppliers manage the sustainability impact – monitor and make sure they adhere. He is responsible for the overall Design product strategy, product management and thought leadership. Product Design.

Supply Chain Design Software 28

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 28

Logistics Bureau

NOVEMBER 14, 2018

Knowing your CTS per product and per customer also lets you better control different commercial strategies. Patient care remained uncompromised and as a bonus, supplier management was streamlined too. In the second, CTS would remain the same, but sales pricing could be increased as appropriate.

Purchasing Skills 90

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