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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

We stubbed our toe in supply chain management at the beginning of the decade. Facing The Issues of Supply Chain Performance. As I work through this year’s Supply Chains to Admire , I cannot help but shake my head. The black veil of the pandemic is a supply chain wake-up call to build better.

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Battered by Fierce Winds. Will E2open Survive?

Supply Chain Shaman

This notice of the Rodanthe house purchase by the National Park Service was listed in my news feed above an article that Elliott Management Partners announced a confirmed 13.8% stake in E2open ( ETWO ) and was considering a takeover of E2open to return the company to private status. Software Survival in Battered Seas?

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Congrats to the Winners of the Supply Chains to Admire 2023

Supply Chain Shaman

Today, we published The Supply Chains to Admire for 2023. Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters.

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How Do We Stop Buying Planning Software the Wrong Way?

Supply Chain Shaman

The Process of Software Selection. I am constantly amazed that business leaders can engage with technologists month after month (often over eight and sometimes over a year) to select a supply chain planning system and then call me to ask for help on the decision. How do you define excellence in planning? My struggle?

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Make Room for Leadership to Drive S&OP

Supply Chain Shaman

If you have walked in the shoes of the supply chain leader, you are probably laughing by now. Background I have worked with hundreds of organizations over the past twenty years as an analyst to help companies on their journey on Sales and Operations Planning. 60% change management, 30% process and 10% technology.)

S&OP 376
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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?