SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Most companies rely on on-time delivery, price reduction, and quality service from suppliers to make more profit. What metrics do others (in my industry) use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

KEPLER Consulting

DECEMBER 11, 2019

1/ Managing the quality of information. Non-updated product sheets in ERP (purchase price, MOQ, Incoterm,…) resulting in non-compliant supplier orders . One of the most common bottlenecks in supply chain management and burdensome processes (purchasing, procurement, preparation, etc.)

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Material Savings Inventory Reduction 52

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. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Provenance

APRIL 10, 2019

“For every $1 spent on food, society pays $2 in health, environmental, and economic costs” (Source: Ellen MacArthur Foundation ). The comprehensive report, “Cities and Circular Economy for Food” from the Ellen Macarthur Foundation, looks to address key challenges created by the food industry today: Annual costs of $5.7

Supply Chain Planning Software 49

Supply Chain Planning Software Food Waste Reduction Supply Chain Software 49

Arena Solutions

JUNE 11, 2020

For product and quality work, spreadsheets can be a boon, a Band-Aid, or debacle. In fact, it became so popular that people purchased Apple IIs and IMB PCs just to get VisiCalc. For example, “a cut-and-paste error in an Excel spreadsheet” cost Canadian electricity and utility company TransAlta US$24 million in 2003. [3].

Eliminating Excel in Purchasing 53

Eliminating Excel in Purchasing Forecasting Software Cost Reduction Strategies Forecasting 53

The Logistics & Supply Chain Management Society

JUNE 30, 2022

Something that the forwarding and logistics industry has wrestled with over the years, is to balance the risk and reward of investment into organic systems development, versus purchasing third-party market software to run our businesses. Geopolitics – Near-shoring, quality and reliability, risk management; 4.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130