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The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

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).

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Let the Qs Begin

Supply Chain Shaman

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. We find that this is true of too few companies. ” Yes, I said.

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

Supply Chain Shaman

However, as will be seen through this analysis, we are propping up the cash conversion cycle by not collaborating with trading partners through transactional financial reengineering versus managing the processes to improve value. . In times of growth, when companies are funding inventory builds, cash is needed.

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Judging Supply Chain Improvement: Campbell Soup Case Study

Supply Chain Shaman

During the period of 2006-2012, Campbell Soup Company outperformed its peer group on the Supply Chain Index. Food and Beverage Company Performance on the Supply Chain Index for the Period of 2006-2012. Supply Chain Index Rankings for 2006-2013. Background on the Supply Chain Index. Conclusion: Figure 2.

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Why Financial Reengineering Does Not Equal Supply Chain Improvement

Supply Chain Shaman

Financial reengineering focuses on the optimization of short-term results that are usually based on a functional analysis of source, make, or deliver. We will publish the results from our fourth year of the analysis in June. Comparison of Emerson Electric and Schneider Electric for the Period of 2006-2016. Reflections.

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SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

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. Orbit Chart for SanDisk for 2006-2014. Most supply chain planning teams do not know their customers.

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How Do You Define a Mature Supply Chain Planning Organization? (Part 1)

Supply Chain Shaman

In 2006, they made a decision to implement a supply chain planning solution. Design of cash-to-cash cycles strategically through complexity analysis, sales and procurement policies. Procurement. Procurement programs are implemented as standalone processes. At that time, they planned on spreadsheets. Manufacturing.