Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value. We enjoy writing them!

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Supply Chain Shaman

JUNE 3, 2013

In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 250

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Supply Chain Shaman

MARCH 8, 2016

In 2007-2014 Terra added inventory management, multi-tier demand sensing, transportation forecasting, and long-term forecasting. The adoption of Terra’s products were brisk until 2011, but during 2012-2014 sales softened, resulting in employee layoffs and downsizing. Traditionally E2open sold to the procurement organization.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Unleashed

OCTOBER 6, 2021

KPIs can consider factors like turnover, costs, relationships with suppliers, and other metrics. Learn more: Separating Your Metrics and KPIs: What They Are and How They Differ 14. An example of joint procurement can be found in the EU’s Joint Procurement Agreement (JPA), set up in 2014 to procure medications to deal with pandemics.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Talking Logistics

MAY 8, 2013

The company is also stopping production in Ecuador, Venezuela, Belarus and Pakistan by April 2014 (these countries scored low in a World Bank report that assessed countries on accountability, corruption, violence, and other metrics).

Supply Chain Planning Software 238

Supply Chain Planning Software Bangladesh Supply Chain Planning Supply Chain 238

EcoVadis

NOVEMBER 5, 2017

The United Nations University estimated that the total amount of e-waste generated in 2014 was 41.8 million metric tonnes (Mt) and predicted an increase to 50 million Mt of e-waste in 2018 ( United Nations University 2014 ). Integrating Circular Economy Principles In Procurement.

Supply Chain Design Software 60

Supply Chain Design Software Optimal Sourcing Supply Chain Network Software Sourcing Strategies 60

Supply Chain Shaman

AUGUST 11, 2015

Procurement focus shifted from traditional programs focused on solely on contract management, price and term negotiations, and supplier scorecards to include the evolution of supplier development to manage product quality and multi-tier supplier relationships in and across value chain relationships. In my life time, supply chains changed.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

Enterra Insights

JULY 27, 2021

Simulate the CO 2 footprint of the plan through procurement, production, and transport. 4] Markus Zils, “ Moving toward a circular economy ,” McKinsey & Company, February 2014. [5] Increase forecasting accuracy to reduce obsolete inventory. Predict end-of-life scenarios and support circular processes.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 100

Talking Logistics

MARCH 2, 2016

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” no metrics, operate in functional silos). The root causes generally fall into three categories: IT issues (e.g.,

North Korea 100

North Korea Supply Chain Visibility Logistics Network Optimization Software Supply Chain Software 100

Supply Chain Shaman

SEPTEMBER 20, 2015

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.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Enterra Insights

FEBRUARY 9, 2021

This is expected to result in the reduction of over 26 million metric tons of greenhouse gas emissions — the equivalent of taking five million-plus cars off the road for a full year. ”[8] As a result, by spring 2014, Google data centers used 50% less energy than the industry average.

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Vanguard Software

JULY 20, 2021

Not too long ago, in 2014, Walgreens had a $1 billion forecasting error that led to the exit of two executives. Supply planning includes distribution, manufacturing, and procurement. And before that, in 2001, Nike also had a demand planning blunder that led to a $100 million loss in sales.

Supply and Demand 52

Supply and Demand Supply Chain Planning Software Demand Planning Demand Planning Software 52

Supply Chain Shaman

APRIL 27, 2022

At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) I never calculated and accounted for the inter-dependencies between metrics.

Procurement Analytics 320

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 320

NC State SCRC

OCTOBER 3, 2016

The production and use of biobased products replacing petroleum-based products has the potential to reduce GHG emissions up to 10 million metric tons of CO2 equivalents. In 2014, America’s biobased industry contributed a total of 4.22 million jobs in 2014, with each job in the industry responsible for generating 1.76

Study 49

Study Price Reduction Cuba Chemicals 49

Talking Logistics

DECEMBER 4, 2017

Having more timely, accurate, and complete data — and converting it into actionable intelligence — will not only lead to cost reductions and increased asset utilization, but also improvements in customer service and satisfaction, the top metric cited by the respondents.

Material Savings 0

Material Savings Supply Chain Planning Software Conference Supply Chain Software 0

Supply Chain Brain

MAY 22, 2018

In 2016, the world’s meat production was estimated at 317m metric tons, and that is expected to continue to grow. Department for Environment, Food and Rural Affairs, in 2014 the food and drink manufacturing sector contributed £27bn to the economy, and employed 3.8 According to the U.K. million people.

Food 40

Food Manufacturing Procurement Security Metrics 40

Jaggaer

JULY 2, 2020

Supplier negotiation skills are essential for anyone working in procurement. In 2014, Jeff Weiss wrote in the Harvard Business Review , “Preparation is the key to any successful negotiation, but few people spend enough time on it.” The post The Key to Successful Procurement Negotiations? Be Prepared! Be Prepared!

Negotiating Skills 71

Negotiating Skills Purchasing Training Buyer Training Procurement 71

Talking Logistics

JANUARY 4, 2016

From “5 New Year’s Resolutions for Supply Chain & Logistics Executives” originally published on January 14, 2014: 1. You have to equate the value proposition to metrics the CFO understands and cares about, such as working capital, cash flow, and other items linked to the company’s P&L and balance sheet. Ask “What are the risks?”more

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Supply Chain 100

Supply Chain Shaman

AUGUST 16, 2015

In 2014, SAP posted revenues of 19.5B$ and Oracle with 38.3B$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. Infor–a market consolidator of enterprise software–currently has revenues of $2.8

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

RFgen

OCTOBER 23, 2016

million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5

Congo 52

Congo Sudan Supply Chain Software Supply Chain Planning Software 52

RFgen

OCTOBER 23, 2016

million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5

Congo 52

Congo Sudan Supply Chain Software Supply Chain Planning Software 52

IQMS

JULY 11, 2019

Honeywell is integrating AI and machine-learning algorithms into procurement, strategic sourcing and cost management. OEE is a pervasively used metric in manufacturing as it combines availability, performance, and quality, defining production effectiveness. Source: Honeywell Connected Plant: Analytics and Beyond. (23

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

NC State SCRC

NOVEMBER 25, 2019

Development of the model began in 2014, and included several prototype phases, with increasingly larger samples of companies included. Based on several iterations of discussions, reviews of metrics, and benchmarking, the team settled on a system for assessing two important indications of supply chain performance.

North Carolina 15

North Carolina Supply Chain Design Software Modeling Software Supply Chain Design 15

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During In our program, cost avoidance, while desirable, does not count towards the metric. We would not have succeeded without a team effort across R&D, the business leaders, and SC disciplines of engineering, procurement, and manufacturing.

Case Study 285

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 285

Material Handling & Logistics

JULY 24, 2018

CCC is a standard metric used to quantify the ability of companies to convert invested resources into cash, and incorporates payables, receivables and inventory. This is a significant improvement over the high CCC of 37.3 days seen in 2015, and nearly matches the lowest recent CCC of 33.4 days for top quartile companies versus 47.5

Company 54

Company Optimal Sourcing Inventory Reduction Survey 54

MIT Supply Chain

JANUARY 15, 2015

The 63 metric ton air shipment of personal protective equipment (PPE) and sanitation supplies valued at some $1.8 million, combined with procurement of locally available commodities, will meet two critical needs in the country’s constrained health care system. million grant from Paul G.

Liberia 40

Liberia Manufacturing Procurement Cargo Supply Chain Design Software 40

Infosys Supply Chain Management

AUGUST 10, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Insuring that each function, including online marketing, store operations and supply chain have common objectives, metrics and aligned rewards for the coming year. Posted by: Ronna | January 3, 2014 10:40 AM.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Innovation 28

Supply Chain Shaman

FEBRUARY 25, 2016

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. This is the world view of finance and why there is so much friction between procurement and finance. Activists won, partially won, or settled 73% of proxy fights in 2014; this is up from 55% in 2010.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Arkieva

APRIL 7, 2016

On the other hand I can reduce my cost by increasing batch sizes in production or MOQ’s in procurement. In her excellent book ‘Supply Chain Metrics that Matter’ (Cecere, L.M., Supply Chain Metrics that Matter, John Wiley & Sons, 2015), Lora Cecere shows how we can reveal the ‘best-practice-frontier’ using so-called ‘orbit charts’.

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization Supply Chain Strategy 60

Infosys Supply Chain Management

JUNE 20, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. IT enablement in areas like Mobile work management, Health and Safety, Metrics monitoring (KPI) etc. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38). January 2014.

Optimal Sourcing 25

Optimal Sourcing Asset Management Supply Chain Optimization Optimization Software 25

Supply Chain Shaman

SEPTEMBER 17, 2015

As a result, companies like AstraZenca, BASF, Colgate, Reckitt Benckiser, Seagate, and Taiwan Semiconductor outperformed their peer group in the period of 2006-2014, but sustained improvement becomes more and more difficult. As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150

Infosys Supply Chain Management

NOVEMBER 11, 2011

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. In this step, the actuals are compared with the planned metrics (MAPE, forecast accuracy, bias etc.) Procurement Blog. Business Process Outsourcing. Customer Service. Finance & Accounting. Human Resources.

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Planning Supply and Demand Scenario Planning 22

Infosys Supply Chain Management

SEPTEMBER 12, 2013

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Some of those are Cognos, iLog, SPSS, Core Metrics, Emptoris, Vivisimo and many others, as world is moving from reactive to proactive. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

Supply Chain Planning Software 24

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Pharmaceutical 24

IQMS

MAY 1, 2018

Bottom Line: Manufacturers are reaching a new level of results in 2018 because they have clearer, more actionable insights based on real-time manufacturing and quality metrics than ever before. Quality Metrics Enable Customer-Driven Manufacturing Networks. Quality Metrics Defining the Future of Manufacturing.

Manufacturing Procurement 56

Manufacturing Procurement Metrics Quality Predictive Analytics Software 56

Infosys Supply Chain Management

JUNE 28, 2012

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. A further benefit of integration of these many systems is to allow organizations to effectively report on their sustainability metrics. Procurement Blog. Sourcing,Procurement,Contract & Spend Management (38).

Supply Chain Planning Software 22

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 22

Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Optimal Sourcing 50

Optimal Sourcing Cost Reduction Strategies Vendor Strategies Procurement 50