Synovos

NOVEMBER 10, 2023

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. The platinum medal achieved by RS provides stakeholders with confidence in the company’s ESG approach.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

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.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. In this area of research, I find that companies are like dogs chasing cars. The grass is always greener at another company. The reason?

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Supply Chain Shaman

FEBRUARY 1, 2024

He feels he has the answer for companies. ” However, his company remains small with a couple of clients. If it was an answer, why is the company not growing? As I analyze business results , I see that most companies are really stuck. How did the company perform against the plan?” On average, it takes 2.8

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. Today, this network operates with less capacity and ballooning inventories.

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

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?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Supply Chain Shaman

AUGUST 20, 2023

For example, a good way to start the unlearning journey is by understanding why 93% of decisions during the pandemic were made on Excel spreadsheets. Unlearning Journal Entries From The Class Most companies are caught in the trap of big lies. In the current planning architecture, transportation and procurement operate in isolation.

Optimal Sourcing 308

Optimal Sourcing Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software 308

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. The establishment of efficient global supply chains has become critical to competitiveness.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Supply Chain Shaman

AUGUST 18, 2022

At the end of a long day of a strategy session on supply chain excellence with a client, I needed to fill up some time in an agenda. Over the last decade, I find fewer and fewer companies understand supply chain planning. Over the last decade, I find fewer and fewer companies understand supply chain planning. The result?

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

Supply Chain Shaman

APRIL 26, 2022

Recently, I presented at the Informs Analytics Conference in Houston and challenged companies to “ think out of the box” and define outside-in processes in Supply Chain Planning. As a recent college graduate, he was chartered with running manufacturing discrete event simulation for an automotive company. He was frustrated.

Manufacturing Procurement 217

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 217

Supply Chain Shaman

SEPTEMBER 13, 2023

Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? Or planned orders to purchase orders?) Clear mission.)

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

SYSPRO Smarter ERP

DECEMBER 11, 2023

As technology for green power evolves, there are new players entering the market, and some companies will be involved in multiple technologies for renewable energy. An ERP solution can integrate with other systems and would enable companies to connect and manage the complex network of information and equipment.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. The process designed to help companies manage constraints outside of lead time took on a life of its own. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) The process mistakes include: Mistake #1.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. The company is piloting secure lockers for stock at their major sites. Adding to the complexity of the supply chain is that Ferguson is an acquisitive company. The company recorded 1.9 The company has shown sustained improvement on this metric.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Synovos

AUGUST 21, 2023

RS Integrated Supply is committed to making safety the number one priority in everything we do,” said Brandon Coombs, Senior Vice President, Operational Excellence. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Optimal Sourcing Procurement Solutions 52

Vecco International

MARCH 31, 2024

Vecco International provides a game changing supply chain Planning & Inventory Management (PIM) product for “smaller” manufacturing, distribution, and construction businesses (SMBs). PIM will enable SMB companies to move from a primary reliance on spreadsheets for supply chain planning to managing at an enterprise level.

Supply Chain Planning Software 40

Supply Chain Planning Software Inventory Management Software Forecasting Software Supply Chain Planning 40

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”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

AIMMS

NOVEMBER 12, 2019

So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. There is valuable time and effort put in by both the supplier and the purchasing party.

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

Logistics Viewpoints

APRIL 14, 2022

Supplier problems will cause a cascade of problems up and down the value stream, leading to supply order delays that cause inventory shortages, production disruptions, missed shipments and lost revenue. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 208

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. The team was not calibrated on the role of forecasting and the basics around process excellence. The current state is a quagmire.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Logistics Viewpoints

DECEMBER 12, 2022

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. The Company operates eighteen manufacturing facilities, nine distribution centers located throughout North and Central America. The fast-growing company generated over $5.5

Supply Chain Planning Software 201

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 201

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

SYSPRO Smarter ERP

APRIL 22, 2024

The growth of your company is exciting, but expansion can present many new challenges. You lack visibility into your finances Inventory management is challenging and you either find yourself running out of material or overstocking your supplies, tying up cash. Be clear on the costs associated with an ERP purchase.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The solution was too black box.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. It is a key part of your company’s supply chain. Strategically approaching the procure to pay process can see your company reap the rewards. Identifying company needs.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Like Linus clinging to his blanket, supply chain teams make most of their decisions on Excel spreadsheets. I term this our data jail. An ontology is a graph database use case.

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

Silvon Software

APRIL 18, 2024

These technologies are not just transforming business areas like sales, procurement, production, distribution and others by streamlining data categorization and insight generation; they are reshaping entire business landscapes by offering real-time intelligence that informs strategic decision-making across all core areas.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Supply Chain Shaman

SEPTEMBER 20, 2015

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? How do they buy from you? I find that most of the time, companies cannot answer the first question of “ Who is your customer? How do they buy from you?” It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150