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

MAY 18, 2019

Dependency on Excel. Due to the shortfalls in the evolution of Advanced Planning, 68% of business users use Excel spreadsheets as the primary mechanism for planning. Excel–while widely used for planning–is not equal to the challenge of modeling complex supply chains. Don’t rush to buy. The result?

S&OP 230

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 230

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. The Company implemented SAP Advanced Planner and Optimizer (APO) including the standard functionality of Demand Planning (DP), Supply Network Planning (SNP), and Production Planning and Detailed Scheduling (PPDS), yet many planners also used Excel.

Demand Planning Software 322

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

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. A copy of the survey results are downloadable here (PDF, free, opt-in).

Manufacturing Procurement 102

Manufacturing Procurement Trends Procurement Analytics Manufacturing 102

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. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Precoro

OCTOBER 6, 2022

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

DECEMBER 12, 2024

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. – Technology Evolution Outpaced Adoption. No one knows. What to do?

Supply Chain Planning Software 195

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

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! My passion for Logistics and Supply Chain is founded from.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Logistics Viewpoints

APRIL 5, 2021

Despite the significant amount of effort involved in going from running a business on Excel spreadsheets to implementing an enterprise resource planning (ERP), they are very grateful that their efforts to improve their supply chain agility were underway when the pandemic hit. The company has a sourcing team that vets the beans.

Supply Chain Planning Software 253

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 253

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. eAuctions technology can reduce the cost of purchasing products and services by up to 20%. Introduction to Strategic Sourcing. . Macfarlane, 2017).

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Game Changer

MARCH 18, 2021

Excellence, or superiority, is often the goal in corporate organizations. Each and every function, within its own right, strives for excellence and achievement in order for a company to collectively grow, evolve, and thrive. Achieving excellence seldom comes easy. A fatal misconception.

Eliminating Excel in Purchasing 71

Eliminating Excel in Purchasing Optimal Sourcing Procurement Solutions Procurement 71

Supply Chain Shaman

FEBRUARY 14, 2022

Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Demand latency is two-eight weeks delayed from consumption purchase to translate to an order. I kept pressuring this client to use their channel data locked into the Excel files in their sales account teams. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

MARCH 29, 2021

They also have 20 sourcing locations across North America from which they can ship make to stock products. The sourcing centers are key to just-in-time, same-day, next-day deliveries. The sourcing centers shipped over 130,000,000 pounds of product last year. They went live in early 2019.

Optimal Sourcing 191

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 191

Supply Chain Game Changer

APRIL 15, 2020

I don’t know about you, but I typically frequent the same store; the ICA in Täby, Sweden, and I’m there once every other week to buy groceries for the coming two weeks. Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups.

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

ivalua

MARCH 28, 2019

Over the years, we have moved from the first spend analysis initiatives, laboriously building Excel-based “spend cubes”, through to today’s automated, cloud-based, AI-driven, integrated, holistic (add your own buzz-word here…) procurement platform. Author: Peter Smith , Managing Director at Procurement Excellence Ltd.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

ToolsGroup

MARCH 25, 2020

Had they gone public (nice in hindsight), they could have had funds to ride out the dot.com era and to buy the company that bought them. Many people don’t shop around once they have found a reliable source. How do you prepare your company to excel even in trying times? Published 3 September 2019 – ID G00450336.

Supply Chain Planning Software 168

Supply Chain Planning Software Optimal Sourcing Gartner Optimization Software 168

Enterra Insights

JANUARY 6, 2021

” In order to achieve that goal, companies need to move from Excel spreadsheets to cognitive technologies with embedded advanced analytics. ” In other words, digital transformation is not about buying technologies, it’s about using technologies the right way. ” 6 Rivers Systems Blog, 24 June 2019. [3]

Supply Chain Design Software 190

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 190

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Freight Rates 2019-2021. There is not a one-to-one relationship between a container and a purchase order. The average purchase order changes 3-4X before shipment. The reason?

Supply Chain Design Software 195

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

Supply Chain Game Changer

JUNE 25, 2019

Here at the midpoint of 2019 we would like to share the Top 10 List of our most viewed articles of 2019! Without Procurement, or Purchasing, most organizations could not even function. We also discuss how Procurement, a buying organization, must sell its value to the rest of their organization.

Purchasing Skills 59

Purchasing Skills Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 59

Freightos

NOVEMBER 11, 2021

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. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers.

Price Reduction 177

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

Supply Chain Game Changer

JANUARY 21, 2021

Trillion USD, reported in 2018 ( wto.org 2019 ). At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Would you say that these factors equal a sum that is manageable with excel and homegrown solutions for supplier management? Source: PwC 2019.

Optimal Sourcing 101

Optimal Sourcing Procurement Data Supply Chain Planning Software 101

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 New Zealand industry sources report that pet food suppliers sold?three?months’ Surveys show that two out of five puppy purchases were directly?influenced

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

EcoVadis

JUNE 13, 2019

Now in our sixth year supporting the SPLC, it did not disappoint: This was the strongest and the most diverse gathering of committed and capable practitioners we’ve ever seen in North America — it felt like a real groundswell of action on sustainable purchasing! Strong Focus on Supplier Practices, and Private Sector.

Procurement Solutions 40

Procurement Solutions Eliminating Excel in Purchasing Material Savings Purchasing Skills 40

ToolsGroup

NOVEMBER 4, 2022

Source: Insider. 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. In fact, when a store is out-of-stock for an item they planned to buy, 21% of consumers will leave and buy the item from a competitor.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

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

Enterra Insights

JUNE 26, 2019

The Internet was still in its infancy (it had about 100K hosts connecting roughly a million people), the Macintosh Portable was released (weighing 16 pounds and costing $6500), and Microsoft Excel (a mainstay of S&OP) was just four years old. Dependency on Excel. That doesn’t mean buying the first shiny thing you see.

S&OP 100

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 100

Supply Chain Game Changer

AUGUST 5, 2021

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Classification and segmentation of the supplier base is a necessary activity in order to know who you buy from, and why you buy from them. Find the right Data Sources (the Where).

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

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”. Thesystemsthinkingreview.co.uk.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

IQMS

JUNE 4, 2019

excel at orchestrating a variety of technologies to find new ways to excel at product quality, improve shop floor productivity, meet delivery dates, and control costs. is an excellent objective for any research effort. Source: Industry 4.0: Mid-market manufacturers getting the most value out of Industry 4.0

Manufacturing Procurement 73

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 73

Supply Chain Game Changer

NOVEMBER 23, 2018

While historically companies have performed this function internally it is increasingly recognized as being more strategic to have a well functioning Procurement capability, as opposed to just having a Purchasing department. The term Strategic Sourcing had yet to become reality and is only now gaining understanding. www.ProcurePro.ca.

Negotiating Skills 91

Negotiating Skills Purchasing Skills Optimal Sourcing Procurement Solutions 91

Jaggaer

SEPTEMBER 11, 2020

Even chatbots and guided buying are not transformational – they do have efficiency benefits but do not fundamentally change the way you procure. Ultimately our focus has been about how AI can help make decisions faster and with accuracy whether that be for smarter sourcing, identifying risk factors in supply chain or contract compliance.

Procurement 86

Procurement Sourcing Strategies Supply Chain Network Software Supply Chain Design Software 86

ivalua

APRIL 5, 2019

The days of taking days or weeks for the purchasing team to process a requisition or purchase order are long-gone in most organisations, thank goodness. While that might be too much to ask for a full source-to-pay platform, for example, it’s worth considering the speed angle here as well. ©Peter Smith 2019.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

Enterra Insights

MARCH 19, 2024

It takes real dedication to excel in the agriculture field (no pun intended). He explains: “ When companies make pledges or establish goals that impact production and sourcing, they should begin by working with the farmers and ranchers who are on the frontlines. Unfortunately, he notes, that sometimes doesn’t happen.

Food 130

Food America Manufacturing Procurement Optimal Sourcing 130

Jaggaer

MARCH 23, 2020

And even if you got that far, you would also need to understand the underlying data and how to extract the subsets you needed from the data source. Gartner also comes with a prediction: “By 2021, augmented analytics will be a dominant driver of new purchases of A&BI and DSML platforms, and of embedded analytics.”

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Supply Chain Game Changer

SEPTEMBER 30, 2020

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). Sure, you can try and shuffle through the rows and columns of your Excel Hell, build custom algorithms, and visualize a bar chart.

Procurement Analytics 64

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

ShipBob

APRIL 22, 2020

Most importantly, they are also easy to source in quantities that suit the business. Jute and cotton make excellent eco-friendly packaging materials in the form of reusable bags to wrap your product in, provide a great gift with purchase to show your appreciation, and encourage eco-friendly practices amongst your customer base.

Packaging 92

Packaging Purchasing Skills Waste Reduction Material Savings 92

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52