Remove 2021 Remove Definition Remove Manufacturing Procurement Remove Procurement
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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. 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. How often do purchases happen?

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From Siloed to Interconnected: Bring Planning, Sourcing and Procurement Together with a Common Platform 

Logility

Manufacturing capacity is severely diminished. Now more than ever, the conventional silos of planning, sourcing, and procurement teams must be connected into one cohesive network. However, as Gartner noted, the definitions of the activities that should be included are unclear in most cases. Let’s face it ?

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The peak disruption was in December 2021. Challenges Traditional definitions of supply chain excellence focus myopically on cost but are too slow in making decisions in inflationary periods. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Build in-market sourcing.

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Driving An Octopus

Supply Chain Shaman

Each box has an optimizer that drives output from a model based on a functional definition using enterprise data. The current taxonomy (or frame/models) for the engines does not address the issues of the global multinational manufacturing company. MRP Alone Is Not Sufficient for Procurement. Here are a few of the gaps.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Average performance in 2016-2019 across twenty-seven manufacturing sectors on inventory turns, Return on Invested Capital and operating margin was worse than in 2012-2015. Despite spending 1.1%

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When the Rubber Hits the Road

Supply Chain Shaman

Definition: “Someone’s efforts, resolve, or viability are tested; things are meaningfully challenging. In this volatile world, efficient procurement led by a CFO is not the answer. Make, source, and deliver need to be managed together based on analytics that sense and respond at the speed of business.

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Lifting The Gray Curtain

Supply Chain Shaman

In our research, we find that 72% of planners primarily depend on Excel and desktop analysis despite the rollout of advanced platforms for planning in 92% of manufacturers with greater than 5B$ in revenue. At the end of the presentation, I asked Allyson her perspective on open source analytics. Spring 2020-February 2021.