Supply Chain View from the Field

AUGUST 1, 2015

As organizations continue to discuss the notion of procurement value transformation, there is a noticeable gap between the stated intentions of organizations to pursue value, and their actions as they pertain to on-going adversarial approaches to supplier relationships.

Analytics Software 60

Analytics Software Logistics Network Optimization Software Procurement Analytics 60

Supply Chain Shaman

FEBRUARY 18, 2021

Resist the temptation to place deeper analytics on top of existing data models. Out of desperation, they turned to the use of descriptive analytics. Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Supply Chain Shaman

SEPTEMBER 27, 2021

In our recent survey on analytics, today 74% of companies are attempting to improve supply chain visibility (as shown in Figure 1). The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. What we built on the whiteboard is the solution that we need today.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient. Procurement planning inside of lead time is not sufficient. ” My answer is no, not easily.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

SCMDOJO

JANUARY 23, 2023

If you want to gain more supply chain analytics knowledge, you’re in the right place. We’ve compiled a list of 10 great supply chain analytics books to help you better understand the concepts and strategies behind this vital business field.

Prescriptive Analytics Software 119

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 119

HICX Solutions

NOVEMBER 26, 2020

In this video, which continues our series on the data dilemma in Procurement, I am joined by Scott Taylor, Principal Consultant, MetaMeta Consulting , and a strategic advisor in this area. So, when you think about what’s hot in the data and analytics space, it’s always more focused on the analytics side rather than the pure data side.

Data 52

Data Optimal Sourcing Procurement How To 52

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

NC State SCRC

FEBRUARY 18, 2016

We recorded the hangout discussion, and it gave me an opportunity to share some of my thoughts on how procurement needs to really step up and change. Value-based procurement can take many forms. Procurement’s problem is how to judge the value of competing proposals, a task that isn’t easy when dealing with large or complex bids.

Optimal Sourcing 40

Optimal Sourcing Procurement Expense Reduction Analytics Software 40

Supply Chain Shaman

JUNE 23, 2020

I am also developing a framework for my new book. Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.). Stay tuned. The need is there.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

Supply Chain Shaman

JUNE 1, 2022

Ironically, analytics capabilities increased greatly, while organizational capabilities precipitously declined. As a result, the river of demand becomes dirty and turbulent as demand flows through the organization to procurement. Each plan operates on its own island, and procurement and contract manufacturing are isolated.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

NC State SCRC

DECEMBER 27, 2015

My most recent book co-authored with Gerard Chick, the Procurement Value Proposition , has received some nice accolades recently. The book was listed by Peter Smith of the site Spend Matters on the “ Christmas Books for Procurement People “, based on Smith’s earlier review appearing back in May.

Procurement Analytics 40

Procurement Analytics Procurement France Analytics 40

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Using the new forms of analytics test and learn on market approaches. Focus on Cost.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Using the new forms of analytics test and learn on market approaches. Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Proxima

JULY 1, 2020

But procurement functions within retail businesses need to adapt to this rhythm too, ensuring they are nimble and agile enough to support retail businesses at this unprecedented time, as they redefine their brand and marketing approach. The post Adapting to a new rhythm of retail – Marketing procurement appeared first on Proxima.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Modeling 52

NC State SCRC

FEBRUARY 8, 2016

I had a chance to review the new book by Jim Hansen and Kelly Barner, “ Procurement at a Crossroads “, which explores the many changes that the profession is facing, and challenges individuals to do things differently. (I The authors also go through and explore a number of other procurement issues that are often debated.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Procurement Predictive Analytics 40

Requis

FEBRUARY 19, 2021

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. Editor’s note: Knut’s book is currently available in German only.). That’s a big transition. How did that happen?

Predictive Analytics 52

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 52

Supply Chain View from the Field

JUNE 10, 2015

A recent review by Peter Smith of my new book , “The Procurement Value Proposition”, co-authored with Gerard Chick, provides some solid support for the message Gerard and I were seeking to develop. We need to be up to the challenge of creating the “impossibly talented” procurement professionals of the future.

Procurement Solutions 60

Procurement Solutions Procurement Analytics Procurement Purchasing Skills 60

Supply Chain Shaman

SEPTEMBER 3, 2018

For more on this topic, read the book Supply Chain Metrics That Matter. Maturity in Analytics. The advancements in analytics–open-source, cloud, internet-of-things (IOT), and cognitive computing–are very promising. It requires the building of an analytics framework. Customer-Centric Supply Chain.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

CH Robinson Transportfolio

JUNE 9, 2022

In fact, today you can procure freight rates from your transportation providers right in your TMS. There are many reasons to supplement your spot freight procurement with automated processes sooner rather than later. Access real-time rates earlier in your procurement process—making it easier to cover loads and secure quality service.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Freightos

JANUARY 30, 2024

Judah Levine January 30, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 38% to $4,099/FEU.

Negotiating Skills 270

Negotiating Skills Optimal Sourcing Asia Europe 270

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. The Role of Digitisation and Analytics in Supply Chain Resilience. HOW DID WE GET HERE?

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Talking Logistics

JULY 19, 2018

Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. . The further out you book freight, the less expensive it is,” explained Cicerchi in a video interview I conducted with him at the user conference.

Real-time Visibility 101

Real-time Visibility Capacity Procurement Analytics Logistics Network Optimization Software 101

Freightos

NOVEMBER 7, 2023

Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 3% to $1,609/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $2,357/FEU.

Negotiating Skills 282

Negotiating Skills Price Reduction Vendor Strategies Cost Reduction Strategies 282

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. This will improve the ability for data analytics to be used to improve operations and provide an efficient and scalable freight management workflow.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Freightos

NOVEMBER 15, 2023

Judah Levine November 15, 2023 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 6% to $1,711/FEU.

Price Reduction 255

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 255

Pivot88

APRIL 17, 2017

For many years, many strategic sourcing and procurement professionals have been using the cost reduction playbook as a guide for all of their sourcing and procurement activities. THE GAME CHANGER…VALUE PROCUREMENT. Procurement officers are under pressure to deliver value added performance.

Cost Reduction Strategies 40

Cost Reduction Strategies Negotiating Skills Purchasing Skills Manufacturing Procurement 40

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 253

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 253

Freightos

FEBRUARY 28, 2024

Judah Levine February 28, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 2% to $4,809/FEU. Asia-US East Coast prices (FBX03 Weekly) fell 1% to $6,709/FEU.

Negotiating Skills 177

Negotiating Skills Asia Optimal Sourcing Yemen 177

Freightos

FEBRUARY 28, 2024

The integration of real-time data and analytics into contract structures is not just innovative—it’s becoming essential. The pivot towards index-linked contracts and Forward Freight Agreements (FFAs) is not merely a trend but a strategic recalibration towards agility and resilience.

Negotiating Skills 156

Negotiating Skills Price Reduction Vendor Strategies Optimal Sourcing 156

Freightos

JANUARY 16, 2024

Judah Levine January 16, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) fell 5% to $2,588/FEU. Asia-US East Coast prices (FBX03 Weekly) climbed 7% to $4,278/FEU.

Negotiating Skills 226

Negotiating Skills Asia Optimal Sourcing Europe 226

Freightos

FEBRUARY 7, 2024

Judah Levine February 7, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 7% to $4,367/FEU.

Negotiating Skills 177

Negotiating Skills Optimal Sourcing Syria Asia 177

Freightos

FEBRUARY 22, 2024

Judah Levine February 22, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 1% to $4,889/FEU.

Price Reduction 177

Price Reduction Negotiating Skills Vendor Strategies Resource Reduction 177

Supply Chain Shaman

JANUARY 21, 2014

New forms of analytics make new capabilities possible. <In fact, so much so that I wrote a book about it.> Each role–customer service, sales, procurement, manufacturing–have a different need/definition for the demand signal. In companies, there is no standard model for demand processes. It is evolving.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. This is effectively a “snapshot” in time. and “What is the potential return on investment?

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Freightos

FEBRUARY 13, 2024

Judah Levine February 13, 2024 Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Weekly highlights Ocean rates – Freightos Baltic Index Asia-US West Coast prices (FBX01 Weekly) increased 11% to $4,859/FEU.

Negotiating Skills 194

Negotiating Skills Optimal Sourcing Asia Europe 194