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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

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Uh-Oh! Insights On How P&G Failed And What This Means For You

Supply Chain Shaman

Supply chain excellence is easier to say than to explain. Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. The supply chain is a complex non-linear system. Understanding this relationship requires modeling. The reason?

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Corporate Sustainability: Why Procurement Should Pave the Way

Jaggaer

Procurement is at the core of many companies’ efforts to increase green practices. With such strong influence over company operations, purchasing teams have the opportunity to maximize impact. “Businesses saw over $1 trillion in financial impacts as a result of environmental risks as reported by suppliers.”

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Life Sciences and the Journey to Supply Chain Resilience: A Q&A with Craig Fix

Resilinc

Read on to hear Craig’s expert insights on the current landscape and what companies can do to accelerate supply chain resilience in the midst of increased supply chain disruptions. Tell us a bit about your background in Life Sciences. Of those alerts, 60% typically had some kind of impact reported by a supplier.

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History and Evolution of Supply Chain and Logistics

SCMDOJO

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. Neil Southern, 2011).

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Becoming a Valued Busienss Partner: Procurement Analytics SCRC Meeting Insights

NC State SCRC

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. During this period, spend under management was 50% at best, and there was significant fragmentation in the supply base.

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Supply Chain Management in a VUCA World

Enterra Insights

It’s a term that started creeping into supply chain discussions several years ago. Back in 2011, supply chain analyst Trevor Miles ( @milesahead ) noted there is a similar sounding word supply chain managers should associate with VUCA. Supply chain management. ”[3].