Arkieva

OCTOBER 31, 2016

A serious Excel error could cost a business thousands or millions of dollars. Here are 5 Spooky Excel Tales that we hope never becomes your nightmare. In June 2003, a simple copy-and-paste error led to the Canadian power generator company, TransAlta buying more US power transmission hedging contracts in May at higher prices than usual.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Forecasting Software Forecasting Supply Chain Software 60

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

SCMDOJO

FEBRUARY 29, 2024

Others will have a purchasing or supplier management board at the senior management level. We are talking about a key business process that impacts multiple functions beyond just organizing purchasing or quality. Team members represent key stakeholders, so they should communicate with those stakeholders to ensure buy-in.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. This also speeds up the transaction process by eliminating the need for individual vendors to present a detailed project (Medius, 2021).

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Supply Chain Shaman

JUNE 6, 2015

I was an avid student of supply chain excellence; and in this role, I watched as best-of-breed solution after best-of-breed solution replaced with more complicated technology. In 2003, short-term forecasting approach using pattern recognition was invented by Terra Technology to replace rules-based consumption. I was a skeptic.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Material Handling & Logistics

OCTOBER 26, 2018

The allocation of the right SKUs and volumes to different fulfillment centers has proven to be an excellent opportunity to apply AI. Patiently, she explained that it was technically illegal to buy steel, or much else, from the People’s Republic of China (PRC), which we had yet to recognize. I asked in all innocence.

Pricing Training 54

Pricing Training Supply Chain Design Software Purchasing Training Negotiating Skills 54