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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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How to Reduce Costs and Invest in Better Technology at the Same Time

AB&R

How to Reduce Costs and Invest in Better Technology at the Same Time Businesses everywhere are feeling the pain of inflation, and many of them are cutting back on their spending as a result. But cost savings need to be strategic.

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Trends 2023: Retail

Enterra Insights

Jocz noted, “Purchases depend on consumers’ having disposable income, feeling confident about their future, trusting in business and the economy, and embracing lifestyles and values that encourage consumption. Journalist Audrey Kemp reports that changing consumer behavior has permanently affected omnichannel operations.

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How Did We Get it All Wrong?

Supply Chain Shaman

I have read your report on S&OP technologies, and I have some questions.” In my prior jobs as an analyst, the research reports were locked behind a paywall; and even though I would have liked to have been able to talk directly to Steve, the commercial model of the prior positions prohibited it. He was exuberant.

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Executing Customer-Centric Supply Chain Strategies

Supply Chain Shaman

I want to understand why some companies outperform on the Supply Chain Metrics That Matter while others do not. The Company was my client for many years at AMR Research, and when I look at Mark’s slides for the webinar, I see many of the elements that we heatedly debated in the period of 2009-2010. I am on a mission.

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Struggling with Multi-Echelon Inventory Adoption

Arkieva

Key questions to be tackled were ‘how do we quantify the benefits’, ‘how do we create mutual trust’. 2006-2009 I did a PhD on Multi-Echelon Inventory Optimization. A research report from the Aberdeen Group reported a 13% adoption in 2004. Can we take a lesson for other advanced analytics tools?

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Biogen Idec designs the innovation supply chain

Supply Chain View from the Field

Joydeep’s primary discussion was around the topic of “How do we Design Our Supply Chains?” ” He noted that “My passion is Process Analytics: taking business datasets and using my technical background in engineering. I love data and analytics that create insights into processes and approaches.”