NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Oracle SCM

JULY 12, 2017

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. By Maha Muzumdar. Original version published in APICS Extra , July 2010. FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. In fact, during 2007 and 2008, Starbucks leadership began to have severe doubts about the company’s ability to supply its 16,700 outlets.

Cost Reduction Strategies 54

Cost Reduction Strategies Inventory Reduction Expense Reduction Price Reduction 54

ShipBob

AUGUST 3, 2020

It has been forecasted that by 2040, approximately 95% of all purchases will be facilitated by ecommerce. It was the world’s largest VC firm in 2007 with over $20 million in assets during the year. Product sourcing. Product sourcing is the process of purchasing or creating products that you can sell.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

Arkieva

JANUARY 6, 2017

After a couple of quick questions about the product that she had purchased, it was obvious to me that the product itself had the right features. She commented that the error seemed to be in the way that the software was implemented, and not in the base capability of the software. A methodology to pick the best fit method.

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61