GlobalTranz

FEBRUARY 6, 2017

Furthermore, the speed of operation of robots will increase more than 30 percent by the end of 2017. Clearly, robotics will become more important in 2017 than during any previous year. Technology Will Reshape Procurement Practices. Procurement strategy was not always evident. The Big Picture.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

GlobalTranz

NOVEMBER 19, 2018

On the other hand, only 8 percent of companies that were rated by their executives as less than significantly above average on supply chain-related metrics have the same performance. To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

Supply Chain Shaman

SEPTEMBER 2, 2016

Labor day also signals the end of summer, and for many supply chain leaders the beginning of 2017 strategy discussions and intense S&OP debates to finalize Q3 and Q4 planning. Before I started doing this research, I believed procurement and manufacturing were aligned. Slow growth and rising costs dominate meeting agendas.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

EcoVadis

MAY 25, 2017

For our 10 years anniversary, EcoVadis received the best gift ever: Hundreds of professionals in sustainable procurement, CSR and supply chain came together in Paris to share, network, learn and present at EcoVadis Sustain 2017, and our Rock-In-A Free World celebration in Paris this month. Light the Spark that Ignites Progress.

Sustainability 40

Sustainability Supply Chain Strategy Optimal Sourcing Supply Chain Software 40

EcoVadis

JULY 17, 2017

Sustainability remains core pillar of revenue, risk management and procurement performance. That spoke volumes to the performance value of CSR in the supply chain, but what speaks even louder is that this year, 4 of the top 5 companies in the 2017 ranking received a perfect 10 out of 10 score in the CSR category.

Gartner 56

Gartner Waste Reduction Vendor Strategies Resource Reduction 56

EcoVadis

AUGUST 9, 2019

One of the biggest revelations in this year’s Sustainable Procurement Barometer : 66 percent of organizations cite regulatory compliance as a critically important aspect of their sustainable procurement programs. Just 27 percent said the same in 2017.

Sustainability 40

Sustainability Cost Reduction Strategies Optimal Sourcing How To 40

NC State SCRC

MARCH 16, 2017

I had the opportunity to sit in on a number of sessions at Procurement Leaders American Congress 2017 in Miami this week. PL’s research shows that for procurement, cost savings is still the main issue that executives focus on. year over year savings – and 25% are reporting revenue metrics – but 97% stick to cost savings.

Optimal Sourcing 40

Optimal Sourcing Innovation Procurement Supply Chain Design Software 40

Freightos

APRIL 24, 2018

Today, the go-to metric for that question is typically Standard & Poor’s 500, the Nikkei, or the Dow Jones Industrial Average (a shockingly poor indicator , if you look closer). Nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and make decisions accordingly. The driver?

Freight 143

Freight Logistics Network Optimization Software Supply Chain Planning Software Los Angeles 143

ivalua

JUNE 29, 2020

According to OECD and National Health Expenditure data, US healthcare spending per person was approx $10,224 in 2017. Ultimately, BSW was able to improve a key metric (Supply Expense as a % of Net Patient Revenue) and generate millions in savings. Most other developed countries are around 40-50% less than this. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Material Handling & Logistics

DECEMBER 14, 2018

Data quality is a real problem for many enterprises—in general, only 44% of organizations trust their data to make important business decisions while, on average, 33% of an organization’s data is perceived to be inaccurate by the C-level decision makers (Experian 2017). Getting There.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. An organization with McDonald’s global footprint is likely able to apply global agile procurement frameworks, and solve supply-demand challenges more effectively during abnormal circumstances.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Supply Chain Game Changer

NOVEMBER 28, 2018

Traditional notions of innovation are often that innovation is to be driven forward by the internal structure of an organization (Olsson 2017). In relation to collaborative supplier innovation, it is important that procurement and sourcing teams remember that the supplier is an equal party/partner in the collaboration.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

EcoVadis

NOVEMBER 5, 2017

Successful implementation of CE initiatives starts by engaging with suppliers , a reality that has been once more confirmed by participants of the 3rd Suppliers Forum organized by Orange in July 2017. million metric tonnes (Mt) and predicted an increase to 50 million Mt of e-waste in 2018 ( United Nations University 2014 ).

Supply Chain Design Software 60

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

GlobalTranz

JULY 8, 2016

Yet, all metrics and scorecards are not equal, and you need to know what metrics should be included in your carrier scorecard. While many shippers and carriers have moved toward digital, automated data capture, it is still necessary to create a carrier scorecard, which helps you see what carriers are better suited for your needs.

Transportation Management 125

Transportation Management Transportation Resource Reduction Cost Reduction Strategies 125

NC State SCRC

SEPTEMBER 22, 2019

In addition, 20% more respondents in 2018 emphasized that they are spending more than one-quarter of their day searching for data, a significant increase over 2017. As the primary interface with contracting with system developers and third parties, procurement must partner with IT to ensure that it is completed effectively.

Quality 40

Quality Data Supply Chain Software Analytics Software 40

IQMS

JULY 11, 2019

Honeywell is integrating AI and machine-learning algorithms into procurement, strategic sourcing and cost management. PDF, no opt-in) 2017 Honeywell User’s Group. 19th, 2017. OEE is a pervasively used metric in manufacturing as it combines availability, performance, and quality, defining production effectiveness.

Manufacturing Procurement 42

Manufacturing Procurement Optimal Sourcing Modeling Manufacturing 42

Material Handling & Logistics

JULY 24, 2018

significantly improved their ability to generate cash in 2017, producing the strongest working capital performance since 2008. In 2017, companies significantly extended payments to suppliers, taking 3.4 Performance of the other major elements of working capital performance, receivables and inventory, both deteriorated slightly in 2017.

Company 54

Company Optimal Sourcing Inventory Reduction Survey 54

Enterra Insights

APRIL 8, 2019

They need a general understanding of everything from procurement of raw materials to customer service. We have established business metrics and we love to quantify our business strategies. How can resources be procured at the best price? 1] The more complex businesses become the more important supply chains are. .

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Optimization 100

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Supply Chain Game Changer

NOVEMBER 9, 2018

When I would ask the facilities for some summary of metrics showing progress the results were very inconsistent. Lack of Metrics and Reporting. If your organization has no standard set of metrics your Lean program has room to improve. Further the reporting of those metrics should be consistent and reviewed on a regular basis.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Lean Six Sigma Optimal Sourcing 55

Supply Chain Game Changer

NOVEMBER 20, 2018

Check out What is Virtual Procurement and Why Should You Care? Large companies can afford to have Strategic Sourcing Procurement staff around the world. This should involve the review of metric performance against targets, schedules, resources, audit results and action plans, and control posture. Subscribe Here! Email Address.

Manufacturing Procurement 44

Manufacturing Procurement Optimal Sourcing Sourcing Supply Chain Planning Software 44

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Game Changer

NOVEMBER 16, 2018

In the situation I was in there were obviously no metrics that were being reviewed and used. There are many metrics that are very helpful including: Cash dollars and days of supply. You need a clearly defined set of metrics that are measured and reviewed regularly. © Copyright Mortson Enterprises Inc, 2017.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. © Copyright Mortson Enterprises Inc, 2017. All Rights Reserved.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

NC State SCRC

DECEMBER 17, 2017

In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management. In the social responsibility category, metrics related to supply chain policies, practices and results, including audits and lawsuits, with respect to human relations and the environment.

North Carolina 40

North Carolina Innovation Supply Chain Software Optimal Sourcing 40

IQMS

OCTOBER 18, 2019

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. 15th, 2017 (PDF., IDC, Digital Transformation Drives Supply Chain Restructuring Imperative, July 2017. no opt-in).

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

QAD

OCTOBER 4, 2023

Armed with in-depth insights into procurement, inventory management, supplier performance, order management, fulfillment, and more, companies can improve their processes and better manage challenges that arise within their businesses with supply chain analytics. Why are Supply Chain Analytics Important?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

NC State SCRC

NOVEMBER 25, 2019

Professor Rob Handfield met with Lawrence Crosby during that period, and discussions focused primarily on how supply chain innovation and social responsibility metrics would figure into the list of top companies. Metrics related to spend management, category management, strategic sourcing and supplier relationship management.

North Carolina 15

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

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? The North Star Metric (NSM). Subscribe Here! Email Address.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

NC State SCRC

NOVEMBER 6, 2017

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. Metrics on sales forecasts not only on final shipping, but on configuration and BOM accuracy is an important element. Change sales incentives.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

E2open

NOVEMBER 30, 2017

Thursday 30 November 2017. More importantly, it turns out the lag question is a red herring for a fundamental reason – the correct metric when making a quality supply chain decision is to measure the actual error over the lead time instead of lagged error. Top Myths Around Demand Sensing. No myth there, just a common misunderstanding.

Supply and Demand 60

Supply and Demand Demand Planning Software Modeling Forecasting 60

Material Handling & Logistics

NOVEMBER 2, 2017

The top cybersecurity threats in 2017 for small and mid-sized industrial manufacturers were identified as phishing attacks, IP theft and third-party security breaches. Thirty-three percent reported that they perform regular security vulnerability tests, and 16% said they had improved their cyber-risk teams in 2017.

Manufacturing Procurement 46

Manufacturing Procurement Procurement Analytics Optimal Sourcing Manufacturing 46

Aera Technology

AUGUST 16, 2018

A few months ago, Crunchbase reported that in the third quarter of 2017, a whopping $1.165 billion was invested in American AI startups. In contrast, AI can automatically generate a “supply chain map,” showing details about an order that include metrics like allocated quantity and expected delivery date.

Pharmaceutical 40

Pharmaceutical Supply Chain Planning Software Supply Chain Software Forecasting Software 40

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

Enterra Insights

MARCH 24, 2021

Calculating customer lifetime value metrics. Gottsegen notes, “This metric estimates the net profit a business receives from a specific customer over time.” 5] Nick Ismail, “ Enabling machine learning to help combat fraud ,” Information Age, 4 October 2017. [6] The second big category is about the conversation.

Modeling Software 130

Modeling Software Predictive Analytics Software Procurement Solutions Demand Planning Software 130

Supply Chain Game Changer

NOVEMBER 25, 2018

As I reviewed the list it struck me that it looked very close to the list I remember seeing from 2017. And Lenovo and Nokia were dropped from the 2017 list. But overall most of the list was the same as 2017. In fact if you go back 5 years to 2013 you will find that most of the names are the same as on the 2018 list.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60