Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. So, why did I ask SanDisk to present?

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. BE READY FOR THE NEW NORMAL.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

NOVEMBER 9, 2014

Let me give you an example: Last week, I gave a presentation at a global supply chain team meeting of 175 professionals. This team is not buying the message. As I cleared my throat, and pushed my toes deep into my shoes, I bounded up the stairs to start the presentation. It was a large multinational company.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Talking Logistics

NOVEMBER 10, 2014

Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a Supply Chain Operating Network”. BASF’s goals included: Automating the end-to-end Purchase-to-Pay process from purchase requisition to invoice. Fast and effective roll out.

Optimal Sourcing 171

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 171

Procurement Academy

MARCH 12, 2024

This article is a deep dive into this course – which is specially designed to give the professionals in your team the knowledge and skills they need to excel in strategic cost management. Leveraging Tools for Cost Optimization: Insights from Skill Dynamics Cost optimization is a critical aspect of effective procurement management.

Optimal Sourcing 69

Optimal Sourcing Negotiating Skills Purchasing Skills Buyer Training 69

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. More and more companies purchasing inventory technologies, but failing to give planners time to plan. Buying the technology and not having clear processes and accountability does not help.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Precoro

NOVEMBER 20, 2023

At present, Opna Bio SA comprises two small Research and Development companies, one in Lausanne, Switzerland and one in South San Francisco, USA. Odallo also processes all purchase orders and sets up new suppliers in the system. She and Ms. Another concern was having to manage PO and invoice approvals via email.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

ThroughPut

OCTOBER 16, 2022

Inventory optimization aims at arriving at the right amount of inventory that is sufficient to meet present and future forecasted demand. Many managers use an annual inventory budget which is usually prepared well in advance before the inventory is procured. Key Pillars of Supply Chain Inventory Optimization. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Shaman

AUGUST 16, 2015

In the period of 2002-present, the company acquired/aggregated many applications. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. The So What? I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Logistics Bureau

AUGUST 1, 2022

More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software. S&OP can deliver several benefits, but that knowledge is not enough to encourage disparate business functions to overcome conflicts and buy into the process.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87

Precoro

DECEMBER 12, 2023

Rémi Lelarge, the Head of Procurement and Logistics at Electra, shared their story of building a comprehensive procurement process with Precoro. The startup that immediately chose Precoro For the first few months after Electra was founded, like many startups, the team had a manual procurement process and used spreadsheets.

Procurement Solutions 52

Procurement Solutions Pricing Training Purchasing Training Procurement Analytics 52

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

HICX Solutions

JANUARY 27, 2022

Supplier Relationship Management is the relationship that develops between a buyer and supplier, which is subject to the exigency of the goods or services purchased and supplied to an organization and dictates the nature of the working relationship that the buyer should look to nurture with their suppliers.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Supply Chain Game Changer

JUNE 2, 2020

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. Several articles and reference books have highlighted Joe’s procurement transformation accomplishments at Lucent Technologies, Juniper Networks, and in the area of Supply Chain Risk Management.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

ShipBob

NOVEMBER 15, 2021

Similarly, meeting customer demands builds customer satisfaction and loyalty, increases the likelihood of repeat purchases, and usually leads to more sales. Procurement and manufacturing. Treat procurement and manufacturing as part of your logistics network , as opposed to a silo. Logistical Process. Planning tips.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

Supply Chain Shaman

OCTOBER 7, 2012

My schedule had me on a plane to Chicago at the time of the presentation. We rescheduled my flight and I quickly put together some slides for the presentation. (To I had successfully adapted to give a presentation on agility to 254 people. Q: You mention that Executive Buy-in is the biggest stumbling block.

Supply Chain Design Software 226

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 226

Supply Chain Opz

OCTOBER 10, 2014

An accomplishment-based resume provides metrics and quantifiable info about a candidate’s accomplishments. If you’re a Procurement professional, what was your spend? It is the quickest and simplest way to help an employer buy into you and answer the common interview question ‘so…. Procurement? tell us about yourself’.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 271

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

Logistics Bureau

DECEMBER 20, 2021

The one thing they all have in common is that, under the right circumstances, they are more than merely valuable metrics. The inventory turns KPI is the metric that provides this information. That’s why the inventory carrying cost KPI is another favorite metric of inventory managers. 1: Inventory Turns. 1: Inventory Turns.

Inventory Reduction 76

Inventory Reduction Inventory Forecasting Cost Reduction Strategies 76

6 River Systems

DECEMBER 11, 2018

Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography. If I am going to buy goods from this geography, then I use this process. Logistics personnel and supplier management pointers. Tips for improving customer experience. Make room for collaboration.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Supply Chain Game Changer

DECEMBER 3, 2019

As I settled into the job and started learning, and studying, the various Supply Chain metrics I was surprised when I looked at the Inventory Turnover performance of the company. First I would talk with the 3 main people in charge of the Inventory Management and Procurement buying functions within the company.

Inventory Reduction 56

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 56

6 River Systems

JUNE 29, 2020

Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” “During the present pandemic, remote business operations have proven to be paramount. ” — Michael Varney and Wil G. “Stay rigid with scheduled check-ins.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

AFFLINK

FEBRUARY 15, 2017

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. A group purchasing organization typically finds that it spends 80 percent of its budget on their top 20 suppliers, and they also organize other resources such as time by spend.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

Supply Chain Game Changer

NOVEMBER 20, 2018

Although Lean principles provide an excellent basis for managing energy costs, such costs are often left out of an efficiency drive… Why is that? Simply put, organizations that prepare for and take advantage of the opportunities that energy presents will be in the best position to compete, grow, and profit in future markets.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Cost Reduction Strategies Price Reduction 44

NC State SCRC

OCTOBER 12, 2016

He then went into global imports for the central purchasing group in Raleigh. In 2013 we had $8M of raw material inventory – due to poor purchasing, poor safety stock decisions, and a lot of WIP in the system. He met a colleague who worked at Car Quest, and after several interviews, started there. Today, we are at 5.5M

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

6 River Systems

JUNE 10, 2019

Now it is only a matter of test buying products through unauthorized channels to recognize where the supply chain leakage is coming from. So I asked, “How about we make our employee the number #1 and fortify them better to radiate excellence to the customer as transferred effect?” Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

ThroughPut

NOVEMBER 28, 2023

Many excellent supply chain analytics tools in the market differ in features, focus areas, visualizations, and other vital elements. Strategic insights: Analytics software doesn’t just deal with the present; it’s a crystal ball into the future. What are the Best Supply Chain Analytics Solutions?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52