NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. 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.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. I remember December 2007 like yesterday. They are not. Reflection.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Requis

SEPTEMBER 11, 2020

The US and Canada primarily have the shale revolution to thank for a decreasing energy security risk score since 2007, but now shale is becoming much less profitable thanks to the recent price drop. In the period 2000–2012, upstream capital expenditure by oil majors rose 450% , with extraction from shale costs primarily to blame.

Saudi Arabia 59

Saudi Arabia Supply Chain Planning Software Purchasing Skills Supply Chain Software 59

Elementum

JUNE 3, 2015

The United Nations released “A Guide to Traceability” in 2014, a report focused on traceability as an economically viable and sustainable approach to supply chain management. More and more consumers are making educated decisions about their purchases, from food to home goods. Remember Patagonia’s eco-friendly advertisement from 2011?

Sustainability 60

Sustainability Supply Chain Software Supply Chain Waste Reduction 60

ShipBob

AUGUST 3, 2020

It has been forecasted that by 2040, approximately 95% of all purchases will be facilitated by ecommerce. It was the world’s largest VC firm in 2007 with over $20 million in assets during the year. Founded in 2006, this firm is slightly newer in comparison to others. Greycroft Partners. Product sourcing.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

Enterra Insights

NOVEMBER 30, 2020

The digital path to purchase was still just a lightly trodden path for most consumers; however, things have changed. Davis’ and Silverman’s prediction that Cyber Monday sales would continue to grow proved correct. In 2007, Cyber Monday sales jumped another 21% to $733 million. ” Cyber Monday 2020. Footnotes. [1]

Purchasing Skills 100

Purchasing Skills Procurement Analytics Just-in-Time Predictive Analytics Software 100