Proxima

AUGUST 24, 2023

Many organizations are simply adding a few questions within sourcing processes as a “tick box” exercise for suppliers to indicate whether they are taking steps to achieve CO2 reduction. For those who do want to streamline their data, there is also a glut of options for organizations to choose from when it comes to data and technology.

Benchmarking 52

Benchmarking Supply Chain Planning Software Cost Reduction Strategies Optimal Sourcing 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Talking Logistics

JUNE 2, 2016

This begets the need to set the overall strategy for the divestment by way of an exercise, called “capability scoping.” This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

NC State SCRC

MARCH 25, 2021

Because procurement executives were so focused on cost, they did not worry about shipment velocity. That includes everything from air cargo, fire pits, furniture, auto parts and exercise equipment (including that Peloton that you’ve been waiting on for months!). Lloyd’s estimates that about $5.1B

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Cargo Waste Reduction Material Savings 52

Logistics Bureau

APRIL 4, 2022

Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. Alternatively, you can procure access to a digital freight benchmarking platform. The Pros and Cons of Procuring a Benchmarking Tool. What Are Your Freight Benchmarking Options?

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain Game Changer

NOVEMBER 9, 2018

One of the top New Year’s resolutions is to start exercising. And I could see some focus on continuous improvement. Some facilities would be reporting on continuous improvement activity but it happened occasionally. Other facilities had no continuous improvement activity at all.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

FourKites

JANUARY 7, 2021

They invest in new technologies and data-driven processes that allow them to exercise precise control over the business. In essence, where the agile supply chain is nimble and able to easily handle any surprises that occur, the lean supply chain focuses on continuous improvement and operating with minimal dependencies and safety measures.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Modeling 52

Proxima

MAY 2, 2020

What do my rebate, incentive, payment, or continuous improvement clauses look like? If strategic sourcing creates value and transactional procurement locks in that value, then we know that a critical part of strategic category management is not only value creation, but an end to end understanding of the total cost of ownership.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Training Sourcing Strategies 52

Supply Chain Shaman

FEBRUARY 25, 2016

The SCOR model defines functional improvements, but falls short in defining cross-functional supply chain transformation. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. Leadership and Driving Continuous Improvement. Barrier #1.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Infosys Supply Chain Management

MAY 21, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Various reasons for a business transformation would include smart ways of working, effective information sharing, continuous improvement in the operation model, availability of vital information for better decision making etc.

Resource Reduction 38

Resource Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 38

ivalua

NOVEMBER 18, 2021

Change isn’t easy, especially when it comes to transforming how Procurement operates in an enterprise governmental agency or organization. In a recent webinar, Ivalua spoke with two leaders from top-performing Procurement agencies in the public sector and a subject-matter-expert practitioner: .

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Procurement Sourcing Strategies 130

SCMDOJO

JANUARY 23, 2023

It includes real-world examples from companies like Amazon and Starbucks, case study discussion questions, computer-assisted exercises, and programming projects, making it an ideal choice for anyone looking to learn about supply chain management and the analytics involved.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

Talking Logistics

MAY 22, 2016

For example, in a recent exercise I conducted with MIT students , they were given a relatively simple transportation problem to solve using a spreadsheet: fulfill two orders for t-shirts, with two destinations, three potential ship-from locations, and a single truck carrier with a flat rate.

Optimal Sourcing 101

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 101

ThroughPut

JUNE 24, 2022

Speed in decision-making, speed in reducing cycle-times, speed in operations, and speed in continuous improvement. Also, by constantly learning over time, it continuously improves on these recommendations as relative conditions change. That exercise should inform your next steps. 3) END-TO-END VISIBILITY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Logistics Bureau

SEPTEMBER 25, 2016

Build a Baseline for Continuous Improvement. Whether you need to improve cost, service or other aspects of supply chain performance , both internal and external supply chain benchmarking exercises are a great way to identify, set, and work toward continuous improvement goals.

Benchmarking 40

Benchmarking Supply Chain Planning Agile and Lean Supply Chain Supply Chain Strategy 40

EcoVadis

APRIL 18, 2017

In the recently released EcoVadis/HEC Sustainable Procurement Barometer , 97% of organizations surveyed consider sustainable procurement important or critically important. It is clear that mass adoption of sustainable procurement has arrived.

Survey 40

Survey Resource Reduction Material Savings Vendor Strategies 40

QAD

MARCH 11, 2021

So, even if plant A makes the same widgets as plant B, there is often a huge difference in plant set up, systems, training, machines, and continuous improvement initiatives. This harms the potential big ticket actions – like M&A integration, enterprise improvement, or larger scale IoT or Industry 4.0 Those days are done.

Pricing Training 64

Pricing Training Manufacturing Procurement Negotiate Pricing Purchasing Training 64

Logistics Bureau

NOVEMBER 20, 2023

So that’s the route we’re taking in this article, exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. I guess that’s why we called it route planning and not route optimisation.”

Analytics Software 66

Analytics Software Predictive Analytics Software Supply Chain Network Software Optimization Software 66