SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 84

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 84

NC State SCRC

DECEMBER 9, 2015

After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. In streamlining the P2P system, Rick notes that he had to take someone from procurement to go work in AP in finance to fix it.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Analytics Software 40

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Chain Store Age ). AlixPartners).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Supply Chain Planning 207

SCMDOJO

APRIL 11, 2025

During the 2008 recession, Walmart strengthened its supply chain by investing in predictive analytics and real-time demand forecasting. Consider alternative financial arrangements, such as risk-sharing agreements or advance purchasing contracts.

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Waste Reduction 69

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Trends Analytics Software Supply Chain Design Software 120

EcoVadis

JULY 25, 2017

Rated by the coverage and magnitude of impact, hereunder are four initiatives that are considered as major milestones of Hong Kong’s sustainability effort : Climate Action Plan 2030+, ESG Reporting as a Listing Rule under Stock Exchange Hong Kong (SEHK), Green Procurement Initiative by the Hong Kong Government, and.

Material Savings 72

Material Savings Sustainability Resource Reduction Procurement Analytics 72

RFgen

FEBRUARY 25, 2025

Referring to the post-2008 period, he notes: “Sales are rising rapidly from 2017 through 2018. Using advanced analytics to predict future demand can help manufacturers better align their production with actual market needs. While this seems straightforward, the consequences for businesses can be substantial.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

Supply Chain View from the Field

MAY 21, 2014

In today’s environment, hospitals continue to outsource their sourcing capabilities to a national or regional group of Group Purchasing Organizations (GPO’s), who claim to obtain leveraged savings for groups of large commodities. information technology, surgical and medical supplies, capital expenses, pharmaceutical purchases, etc.).

Purchasing Skills 68

Purchasing Skills Manufacturing Procurement Procurement Analytics Optimal Sourcing 68

AFFLINK

FEBRUARY 15, 2017

The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. A group purchasing organization typically finds that it spends 80 percent of its budget on their top 20 suppliers, and they also organize other resources such as time by spend.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Optimization Manufacturing Procurement Supply Chain Strategy 74

Supply Chain View from the Field

OCTOBER 14, 2015

The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. There is no question that the oil and gas sector is under a huge amount of pressure to drive cost savings.

Material Savings 60

Material Savings Conference Cost Reduction Strategies Price Reduction 60

Jaggaer

OCTOBER 22, 2020

Coming on top of a very difficult and complex existing situation, Covid-19 has put additional pressure on profitability and capital requirements in the banking sector in the European Union and Africa, with drops in revenue in the order of 35-45% and the lowest return on equity since the aftermath of the great crash of 2008.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

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. What challenges facing the world today are important to you?

Supply Chain Design Software 130

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

6 River Systems

JUNE 10, 2019

“It sort of depends upon what we are purchasing from the supplier as to the approach we should take…” Commodity Strategic The first level, for components or typical commodity type products, we will at least want to perform a supplier evaluation of some sort. with a backup plan as part of contingency planning.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Unleashed

APRIL 20, 2020

The last global recession was in 2008, leading some economists to believe the next one is overdue. To measure this, we turn to the Purchasing Managers Index (PMI). While some producers are busier, a majority of industries are reporting a rapid fall in demand and production. Introduce digital procurement technology.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Planning 81

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

NC State SCRC

DECEMBER 28, 2015

This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Abstract Technologies such as Social networking, mobile, analytics and cloud computing have been shaking the IT industry for past several years. Analytics Analytics means scientific and systematic analysis of data.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

Supply Chain View from the Field

SEPTEMBER 3, 2015

Effectively, there is no database that permits reliable reporting on the volume of biobased products sold in the US or exported for global consumers. One of the big insights from the analysis in our report is that the biobased economy is emerging in states all over the country. Annual reporting.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60

Infosys Supply Chain Management

JULY 26, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We came up with an action plan of having a MDM Quality Report based on Product-Locations master data, Transportation Lanes & Production Process Models (PPM) master data from APO Production environment.

Supply Chain Planning Software 29

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Supply Chain Planning 29

Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. cities with these lockers in-place are located in states that already collect sales taxes for online purchases. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources. Banking Suite.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Agile and Lean Supply Chain 28

NC State SCRC

OCTOBER 12, 2016

Stuart William was in one of my former MBA classes at NC State in 2008, and graduated into one of the worst economies ever in May of 2009. He then went into global imports for the central purchasing group in Raleigh. This was a lot of planning, a lot of analytics, and a lot of work. Today, we are at 5.5M

Supply Chain Planning Software 40

Supply Chain Planning Software Purchasing Skills Negotiating Skills Supply Chain Software 40

Taulia

JANUARY 31, 2018

Deloitte describes the impact that the Fourth Industrial Revolution could have on business as: “…the marriage of physical and digital technologies such as analytics, artificial intelligence, cognitive technologies and the internet of things (IoT). Following the 2008 Financial Crisis, banks are no longer the default option for liquidity.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Cost Reduction Strategies Supply Chain Software 52

Infosys Supply Chain Management

MAY 24, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Confluence of IT and Business Strategy for a Transformation program | Main | SAP acquired Ariba, what does it mean for the on-demand, procurement and SAP world? Business Process Outsourcing. Customer Service.

Supply Chain Planning Software 22

Supply Chain Planning Software Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Planning 22

Supply Chain Matters

OCTOBER 20, 2023

Electric automaker Tesla reported Q3-2023 financial performance this week and to state the obvious, the results were not well received by investors. They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. percent operating margin in the latest quarter.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Infosys Supply Chain Management

MARCH 6, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Typically, organizations have a very high lead time for procuring hardware and setting up networks. Procurement Blog. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources.

Supply Chain Planning Software 35

Supply Chain Planning Software Supply Chain Software Modeling Software Supply Chain Planning 35

Arena Solutions

JUNE 13, 2024

Each of those roles has really given me an opportunity to lead different critical supply chain projects, and I’d say that my area of expertise is really around the new product introduction procurement. As it relates to Datum, we build procurement software. Their purchase orders come out of NetSuite. They quote with email.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

Arena Solutions

JUNE 13, 2024

Each of those roles has really given me an opportunity to lead different critical supply chain projects, and I’d say that my area of expertise is really around the new product introduction procurement. As it relates to Datum, we build procurement software. Their purchase orders come out of NetSuite. They quote with email.

Supply Chain Design Software 52

Supply Chain Design Software Analytics Software Supply Chain Planning Software Demand Planning Software 52

Precoro

FEBRUARY 9, 2024

It was established in August 2008 through the successful merger of three esteemed institutions: the International School of Zug (est. Interestingly, there was still a system of getting written internal approvals, but the approvals were granted only after the purchase was made. 1961), the Riverside School (est.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52

EcoVadis

NOVEMBER 4, 2015

The sentence comes as a result of the late 2008-2009 salmonella outbreak linked back to PCA plants in Texas and Georgia. The 2008-2009 outbreak was no minor outbreak (and even if it had been, should that matter?). But could have increased supplier oversight prevented the disastrous 2008-2009 outbreak? Trust but verify.”.

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics United States Purchasing Skills 40