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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). Focus on Cost. A Decline in Innovation. Less Collaborative. His response?

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Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. But for top CPOs , this demand is becoming harder and harder to meet.

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The 2022 Chlorine Shortage: Another Year of Poolmageddon

ToolsGroup

In fact, pool construction jumped by approximately 20% from 2019 to 2020 – resulting in the need for a whole lot of chlorine tablets. Image source: Cape Analytics. Back in 2020, the world’s chlorine market was valued at around 99 million tons. Image Source: Nola. Image Source: USA Today. Image source: CNBC.

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Seven Mistakes You Wish Your CFO Had Not Made You Make

Supply Chain Shaman

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. A container from Shanghai to Long Beach was 56 days in 2020 and increased to 80 days in 2021. Source E2open Shipping Index). Focus on Cost. Market inflation sits at 7%–the highest since June 1982.

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. My challenge?

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2020 Requires Big Wings and Feet

Supply Chain Shaman

The fall ritual precedes the dropping of the ball on Times Square to ring in 2020. The budget is for a fiscal year with quarter reporting and updates. Financial forecasts tend to have a negative bias (forecasts less than market potential) to ensure that employees have a better probability of meeting their bonuses. The Preamble.