Analytics Definition Eliminating Excel in Purchasing Procurement 
Supply Chain Shaman
MARCH 21, 2024
The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. The students learn that there is no definition of end-to-end planning because the current taxonomies for modeling are fragmented. So, creating a Supply Chain Center of Excellence might sound like a good idea to start.
Precoro
OCTOBER 24, 2022
Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.
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Supply Chain Shaman
APRIL 9, 2021
The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Belief in efficient procurement.
Supply Chain Shaman
NOVEMBER 11, 2020
Today, supply chain excellence matters more than ever. This is true even though we are not clear on the definition of next-generation processes. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud.
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”.
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 Shaman
NOVEMBER 15, 2023
When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. When he speaks of the supply chain, he means procurement. We can never have great discussions unless we are clear on definitions. What do they have in common? This is his world.
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