ThroughPut

JUNE 13, 2024

In such a dynamic environment, a fixed pricing strategy simply won’t suffice. These patterns require dynamic pricing strategies to maximize profits during peak times and minimize losses during off-peak seasons. These fluctuations demand agile pricing strategies that can quickly adapt to new market conditions.

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Material Savings 52

Supply Chain Matters

MAY 30, 2024

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. According to a published report by Reuters , the move doubles down on the global auto maker’s strategy of both selling and catering to buyer needs for more than just plug-in EV s.

Price Reduction 52

Price Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 52

ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? While this strategy appears to be a viable solution, as there will be some shortening of supply chains moving forward, it is not realistic to expect that a vast global supply chain network will not continue to exist.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Logility

JUNE 5, 2024

Enter Inventory Optimization (IO) as a vital strategy to combat supply chain stress. In fact, Aberdeen Group reports that MEIO is twice as capable of balancing cost and service levels across the network, compared to conventional IO strategies. The benefits extend far beyond just inventory reduction.

Optimal Sourcing 185

Optimal Sourcing Inventory Reduction Inventory Management Software Modeling 185

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Logistics Viewpoints

AUGUST 24, 2022

I was also able to interview Brent after his session to get a little more insight on how Qualcomm dealt with the Covid-19 pandemic, what it means for the semiconductor chip shortage, and where the company is going with its digital transformation strategy. Qualcomm also faced a raw material shortage.

Sourcing Strategies 207

Sourcing Strategies Material Savings Resource Reduction Manufacturing Procurement 207

ivalua

FEBRUARY 11, 2021

What are Green Supply Chain Strategies? Everlane does this by showing the cost breakdown of the goods that it offers through its website and so you can see the costs of materials, labour and transport for it best selling court sneakers. How can large companies address sustainable Supply Chain strategies?

Material Savings 189

Material Savings Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 189

SCMDOJO

DECEMBER 14, 2023

Depending on the chosen manufacturing strategy (Make to Stock, Assemble to Order, Make to Order, or Engineer to Order), the delivery lead time may vary as follows: Access our blog “6 Reasons Why It Is Important to Understand Expected Customer Lead Time” at our website SCM DOJO! Cost Savings: Reduction in inventory holding costs.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 79

ivalua

JANUARY 29, 2021

The most striking view of this change of importance that the survey delivers is around the significant increase in focus on cost reduction due to the pandemic. It is no surprise that cost reduction was the leading area before the pandemic, but it was in a group of 3 other priorities, such as risk management that we will cover later.

Cost Reduction Strategies 195

Cost Reduction Strategies Material Savings Vendor Strategies Survey 195

ModusLink Corporation

OCTOBER 27, 2021

Synergy is a core element present in many successful manufacturing strategies. The synergy effect within a business is the result of mutual interaction between two individual company elements, usually achieved by executing a specific strategy. There are many different manufacturing strategies. Different strategies.

Waste Reduction 78

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 78

Logistics Viewpoints

APRIL 6, 2023

Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services. By working closely with suppliers, organizations can improve the quality and reliability of their in-bound supply chains, reduce costs, and increase their overall efficiency.

Optimal Sourcing 202

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 202

ToolsGroup

MARCH 26, 2024

Unique Partnership Delivers an End-to-End Network Optimization Solution to Seamlessly Integrate Supply Chain Design, Manufacturing Footprint and Probabilistic Planning and Execution for Leading Building Materials Manufacturer. Two of Cornerstone Building Brands’ business units — Aperture Solutions – U.S.,

ToolsGroup 156

ToolsGroup Network Design Software Supply Chain Design Software Supply Chain Planning Software 156

SCMDOJO

AUGUST 4, 2023

If so, then it’s time to consider the numerous benefits of reducing inventory. In this article, we’ll explore seven compelling reasons why you should reduce inventory and how it can be a game-changer for your business. In some cases, inventory levels can see an increase to save costs, increase profit, and more.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Logistics Viewpoints

NOVEMBER 16, 2023

This article is from Descartes Systems Group and looks at how companies can reduce lead times with real-time data. There can be multiple lead times within a supply chain, typically between each node or process along the way from raw materials, processing, and finally getting the customer their shipment. Why is lead time important?

Real-time Visibility 241

Real-time Visibility Material Savings Inventory Reduction Vendor Strategies 241

DELMIA Quintiq

MAY 11, 2022

Steel is a very versatile material as its composition and internal structure can be adjusted to tailor its properties. There is another important aspect of this material: recyclability. Steel is one of the most recycled material in the world.

Material Savings 317

Material Savings Supply Chain Planning Software Optimization Software Analytics Software 317

Supply Chain Game Changer

NOVEMBER 11, 2022

Establishing a search engine optimization (SEO) strategy is one of the most effective ways to ensure your business stands out from the competition. But you must follow effective steps to build an effective SEO strategy. Here are the most important strategies to follow to enhance your company’s SEO strategy.

Material Savings 97

Material Savings Sourcing Strategies Price Mitigation Strategies Supply Chain Strategy 97

Supply Chain Game Changer

NOVEMBER 14, 2018

Certainly we should all reduce, reuse and recycle and it applies everywhere! As such we have the direct or indirect ability to take actions which can promote environmental sustainability, reduce carbon footprint impacts, and drive the creation of the Green Supply Chain. Supply Chain Carbon Footprint Reduction.

Waste Reduction 59

Waste Reduction Material Savings Resource Reduction Cost Reduction Strategies 59

Logility

APRIL 20, 2022

And they’ve had little to no time to recover from raw material and labor shortages, supplier and factory failures, transportation delays, and rising costs while encountering unpredictable demand. Feeling overwhelmed? You’re not alone. Since 2019, nearly 70% of supply chain leaders have been constantly responding to disruption.

Sourcing Strategies 130

Sourcing Strategies Material Savings Vendor Strategies Inventory Reduction 130

Logistics Viewpoints

JUNE 29, 2023

This article explores the disruptive nature of supply chain disruptions, the significance of collaboration in managing direct spend, the role of Purchase Order (PO) Collaboration in tracking materials throughout the order cycle, and real-world challenges faced in PO Collaboration.

Manufacturing Procurement 186

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 186

Logistics Viewpoints

SEPTEMBER 28, 2023

In addition, mounting environmental concerns and sustainability goals push organizations to reduce their carbon footprint, which often entails optimizing transportation for efficiency. Mandates for a more conscientious supply chain are driven by stakeholders’ demands for reduced environmental impact.

Supply Chain Software 233

Supply Chain Software Supply Chain Planning Software Material Savings Cost Reduction Strategies 233

Supply Chain Game Changer

MAY 18, 2022

These days, video is synonymous with content strategy and marketing. With so much competition in this space already, it is time to level up your content strategy so that it stands out. Read on to understand simple ways to step up your video content and digital marketing strategy with little effort. Review your SEO strategies.

Material Savings 94

Material Savings Expense Reduction Video Price Mitigation Strategies 94

Unleashed

AUGUST 6, 2023

It’s a handy sales strategy to keep in your business toolbox – and can be essential to success in highly competitive markets. In this article, we do a deep dive into competitive pricing to outline key strategies, how they impact your profit margins , and how competitive pricing works with real-life examples. Coffee chains.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

RFgen

JULY 27, 2023

Under normal circumstances, materials are transacted against the digital system of record over a network connection of some kind. Warehouses must have a strategy for processing inventory during this time—aka, offline inventory control. Traditional offline strategies may include: Paper printouts and checklists.

Inventory Reduction 77

Inventory Reduction Material Savings Waste Reduction Cost Reduction Strategies 77

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. About Paul Noble As Founder and Chief Strategy Officer of Verusen, Paul Noble oversees the company’s vision and strategic direction.

Optimal Sourcing 249

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 249

SCMDOJO

APRIL 22, 2024

The better relationship you have with your partners, the more information you can have in reducing any supply chain disruptions. You can order raw materials from different suppliers so that if one supplier has a problem, you are not totally out of business. For smaller businesses, this however is not going to be possible.

Inventory Reduction 81

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 81

Supply Chain Game Changer

SEPTEMBER 18, 2022

There are a lot of people that are looking to buy discounted pallets. Buying a discounted pallet can be an expensive mistake. The following article will share 9 tips that will help you be more successful with your discounted pallets. It is essential to understand what materials are used to make a pallet (eg.

Material Savings 90

Material Savings Quality Manufacturing Procurement Mississippi 90

Supply Chain Matters

NOVEMBER 3, 2023

The reported strategy is to construct 14 assembly lines that can produce batteries for either hybrid, plug-in hybrid, or fully electric powered vehicles. At the same time, inventories of unsold vehicles remain on dealer lots despite price reductions. Cost is an obvious factor as well, even as government subsidies for purchase exist.

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

Talking Logistics

OCTOBER 27, 2016

The USA says it intends to reduce emissions by 26-28 percent below its 2005 level by 2025 , trying hard for the upper limit. Outside of the Paris Agreement, the European Union (EU) has a goal of reducing greenhouse gas emissions from transport by around 60 percent below 1990 levels by 2050.

Cost Reduction Strategies 100

Cost Reduction Strategies Material Savings Modeling Software Sourcing Strategies 100

ivalua

JULY 15, 2021

With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.

Material Savings 130

Material Savings Sourcing Strategies Supply Chain Strategy Sustainability 130

ThroughPut

FEBRUARY 1, 2023

companies with global operations, one of the most effective global value chain strategies and supply chain strategies is to mitigate risk by shipping smarter. Hazardous materials, obviously, can pose some problems. manufacturers do to better understand global supply chain strategies & operations when exporting goods abroad?

Material Savings 52

Material Savings Price Reduction Expense Reduction Sourcing Strategies 52

OptiProERP

SEPTEMBER 22, 2022

Saving on operational costs is one of the biggest goals for manufacturing companies. Most manufacturers look to streamline systems, reduce production costs, and increase profitability without sacrificing product quality. Often, the quickest and easiest way to cut costs is by accepting minimum quality levels or reducing employees.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Expense Reduction Vendor Strategies 52

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Reduce supply chain costs. An effective way to streamline processes is to introduce automation to reduce manual work. Warehousing and storage fees .

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

QAD

JULY 28, 2020

Establishing a Digital Transformation Strategy. There are a lot of terms and technologies out there when considering digital transformation, so establishing a true-to-fit digital transformation strategy can seem challenging, even overwhelming. Coordinated Material Management from Warehouse to Shop Floor and Back Again.

Material Savings 94

Material Savings Resource Reduction Inventory Reduction Cost Reduction Strategies 94

Logility

AUGUST 18, 2023

However, achieving this critical alignment often stumbles over familiar hurdles: A limited understanding of supply chain operations at the executive level, objectives that diverge between strategy and operations, gaps in communication, a lack of shared KPIs, and the relentless pace of market changes.

Supply Chain Performance 186

Supply Chain Performance Supply Chain Planning Software Resource Reduction Supply Chain Design Software 186