Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

DECEMBER 1, 2022

There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. The only bright note is that shipping costs will be a fraction of what they were over the last several years. Despite many calling for U.S. Figure 1: U.S. Source: Descartes Datamyne.

Predictive Analytics Software 295

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 295

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006. My takeaway?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

Manufacturing Procurement Trends Procurement Analytics Manufacturing 102

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 136

Supply Chain Planning Software Inventory Management Software Forecasting Software Analytics Software 136

ivalua

JUNE 29, 2020

According to 2019 Definitive Healthcare data, U.S. Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care.

Supply Chain Planning Software 219

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

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. Traditionally the holiday shopping season has been a make-or-break time for retailers.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Logistics Viewpoints

MARCH 1, 2021

. – explained that when conducting manufacturing volume forecasts for budget purposes, the company would look at demand, production capacity, product specifications, seasonality, asset location, costs/duties and new product introduction amongst other criteria to satisfy regional volume demands.

Modeling 272

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 272

Supply Chain Shaman

DECEMBER 12, 2024

Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. I’d suggest that “speed” has both internal and external dimensions.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Supply Chain Shaman

DECEMBER 30, 2021

Freight Rates 2019-2021. Truck drivers report that maintenance issues are a constant nightmare. Manufacturers build “control towers” but there is no network dial tone between parties to enable prescriptive analytics and alerts.). There is not a one-to-one relationship between a container and a purchase order.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

ToolsGroup

DECEMBER 11, 2023

Deloitte forecasts a 25–35% increase in e-commerce holiday sales this year compared to 2019. Since the start of the Covid-19 pandemic, 79% of consumers have indicated that they are looking for more bargains than before, and 46% say they are willing to wait to purchase at a better price “no matter how long it takes”.

Price Reduction 156

Price Reduction Pricing Training Modeling Inventory Reduction 156

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. What’s next.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

NC State SCRC

DECEMBER 30, 2018

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. What is digital governance and stewardship?

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” For the fiscal year 2019, digital sales were 8.8%

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100

Enterra Insights

NOVEMBER 4, 2019

Analysts at Gartner predict circular economies will replace today’s wasteful linear economies over the next decade or so. There are a number of excellent reasons circular economies are desirable, including less waste and better use of limited resources. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

C3 Solutions

JUNE 19, 2020

For companies seeking to survive and excel in the current 'retail apocalypse' , understanding the right technologies to employ in their supply chain operations is critical. It's estimated that in 2019 the global e-commerce market will climb by almost 21 percent to US$3.53 5] It was estimated that in 2018 and 2019 the U.S.

Supply Chain Software 137

Supply Chain Software Distribution Retail Supply Chain Design Software 137

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian? million UK households?have

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

EcoVadis

MARCH 27, 2019

More than 600 professionals from the procurement and CSR worlds descended upon Paris on March 11-12, ready to share best practices, exchange ideas and ignite change in global supply chains and beyond. Ignite Change. Your voice counts! Suppliers’ Survey. Perseverance. Innovation. Exponential Thinking, Risks and Solutions.

Procurement Solutions 8

Procurement Solutions Procurement Analytics Sustainability Innovation 8

Turvo

SEPTEMBER 24, 2021

On the surface, the Amazon Effect is the new standard of excellence that all customers have come to expect following the break-neck speed and low-cost, if not free, shipping associated with Amazon purchases. It grew by over 20% from 2018 to 2019. From its inception, Amazon has been growing approximately 20% per year.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 97

NC State SCRC

APRIL 2, 2023

The term “COE” is often a commonly heard term in supply managers’ vernacular, but it’s interesting to note that Centers of Excellence as an organizational entity have been around for more than fifty years – and evolved first in the form of what was called “shared services”.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Logistics Bureau

JANUARY 21, 2020

What was behind Amazon’s falling profits in 2019, and how did other big online retail players perform? In this retrospective of the highs and lows of the year, learn which retailers excelled, and which ones looked like they might be struggling in the fiercely competitive online retail arena. The Highs and Lows of Online Retail in 2019.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 59

GlobalTranz

FEBRUARY 5, 2019

Although government reports were delayed at the beginning of the year due to the government shutdown, all indicators from the period before the government shutdown suggest logistics will continue to expand well into 2019. This will have an additional impact on capacity and logistics costs. The Move to LTL Digital Shipping.

Eliminating Excel in Purchasing 202

Eliminating Excel in Purchasing Procurement Analytics Logistics Network Optimization Software Report 202

ToolsGroup

NOVEMBER 4, 2022

Employees reported that the number of pallets on the floor had rendered storage spaces unnavigable. It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. Walmart found itself in a similar situation, facing an inventory increase of 32%.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Supply Chain Game Changer

SEPTEMBER 30, 2022

How to convince buyers to leave reviews every time they make a purchase? Remember how many times you hesitated about any purchase, and decided only because the enthusiastic responses of other consumers gave you the lack of confidence. Let’s discuss getting customer reviews in the article below. Consumers find reviews helpful.

Eliminating Excel in Purchasing 87

Eliminating Excel in Purchasing Procurement Solutions Procurement Analytics Survey 87

Supply Chain Game Changer

JUNE 2, 2020

Seasoned Leadership in Action™ – Our 2019 All Star Leaders! As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. tools and analytical techniques that deliver real value to today’s procurement organizations. Subscribe Here!

Sourcing Strategies 71

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 71

Shipchain

OCTOBER 25, 2019

We partnered with GTX Corp, ParceLive, and a few others that will be announced soon, began working on case studies, aired our first webinar with major industry executives, graduated from the Plug and Play Spring 2019 Food and Beverage Accelerator Program, joined forces with the World Economic Forum to build the Blockchain Toolkit, and a lot more.

Las Vegas 48

Las Vegas Logistics Network Optimization Software Procurement Analytics Supply Chain Planning Software 48

Enterra Insights

JANUARY 6, 2020

For decades, consumers purchasing items out of mail order catalogs were content to place their order and wait weeks for the item to show up. Supply Chain Dive reports that the last leg of a journey can account for up to 28 percent of a product’s total transportation costs. Growing urgency in last mile deliveries.

Real-time Visibility 100

Real-time Visibility Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 100

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020).

Procurement Analytics 64

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 64