Remove 2004 Remove Eliminating Excel in Purchasing Remove Procurement
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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

In 2004, I joined AMR Research, a Boston Analyst firm. The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. The secondary problem is the lack of definition of process requirements and a buying team that cannot see past simple MRP/MRP II/DDMRP requirements.

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Collaboration? When It Comes to Cash-to-Cash, We Don’t Know How to Walk the Talk

Supply Chain Shaman

Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order.

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Visibility: If Only I Could See

Supply Chain Shaman

In 2004-2006, Greg Aimi (now a Gartner analyst) and I worked on a common definition of visibility for over a year. This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. Indirect procurement has little to do with direct material management.

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E2open Acquires Steelwedge. Impact on Market?

Supply Chain Shaman

Over the last two decades Steelwedge raised significant capital in three rounds: 4M$ in 2004, 16M$ in 2011 and 22.5M$ in 2015. The focus was on automating procurement. On March 26, 2015, I nsight Venture Partners (“Insight”) purchased E2open for $8.60 He was bullish and I shrugged my shoulders. I was not sure.

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7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

7 KPIs Your Procurement Team May Be Ignoring! Days and years went by, and eventually, the ’93 Ford Escort was living in the hybrid-dominated world of the year 2004. But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Subscribe Here! Email Address.

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Is Your Supply Chain Recession Proof? A Guide for Building a Resilient Supply Chain

SCMDOJO

An excellent example of optimizing inventory is Zara. Consider alternative financial arrangements, such as risk-sharing agreements or advance purchasing contracts. Hyperconnected supply chainswhere systems across procurement, logistics, production, and finance communicate seamlesslyallow for coordinated, agile responses to disruption.

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6 Things We've Learned from McDonald's Procurement Management

AFFLINK

In the foodservice industry, there are few better examples of great procurement management than McDonald's. Excellent procurement is part of the reason that McDonald's has been able to grow from a small family barbecue restaurant into a global conglomerate with more than 35,000 restaurants in over 110 different countries.