2019 Eliminating Excel in Purchasing Inventory Procurement 
Precoro
OCTOBER 6, 2022
With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?
Supply Chain Shaman
APRIL 9, 2021
Rise in Inventories. Less Effective at Inventory Management. Inventories grew twenty days over the decade. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Sadly, most of it is the wrong inventory. Belief in efficient procurement.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Supply Chain Shaman
APRIL 27, 2022
Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. Yannis transitioned from the role after eight years in 2019. Business leaders are action-oriented and competitive. The reason? My answer is no.
Precoro
OCTOBER 2, 2023
The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?
Supply Chain Shaman
FEBRUARY 14, 2022
Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #3. My challenge?
NC State SCRC
APRIL 2, 2023
The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.
Supply Chain Shaman
JANUARY 31, 2022
To understand the phenomenon , the 2019 GDP was 2.16%. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost.
Expert insights. Personalized for you.
98 
Let's personalize your content