Supply Chain Shaman

FEBRUARY 28, 2021

As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. An exercise that I love to do in my training is to ask business leaders to draw data flow in their current decision processes. Procurement Operates On An Island. Application of Analytic Techniques.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 217

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. So why are so many organizations still in the beginning of this process?

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

Logistics Viewpoints

SEPTEMBER 28, 2021

Using AI and predictive analytics, we make it possible to anticipate and mitigate the impact of disruptions and delays, whether from bad weather, port shutdowns or overloaded distribution centers. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

Enterra Insights

MAY 27, 2021

Kunkel goes on to note that the analytic firm Gartner calls organizational resilience a strategic imperative. Critically, this isn’t a one-off exercise — it’s a continuous process, where organizations constantly evaluate and re-evaluate their supply base. All of those areas are part of the value chain. Level 2: Category risk.

Supply Chain Planning Software 130

Supply Chain Planning Software Gartner Supply Chain Strategy Supply Chain Planning 130

Enterra Insights

JUNE 12, 2018

The experts also stress the importance of leveraging data and analytics in their risk management efforts. A global survey focusing on cost, risk, and the evolving role of procurement in today’s supply chains conducted by riskmethods concluded reactive supply chain risk is no longer viable.[2] Leveraging Big Data and Analytics.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Prescriptive Analytics Software Supply Chain Planning Software 100

SCMDOJO

AUGUST 21, 2023

With 15,900 followers, he has carved a niche for himself by using fitness-related analogies and exercises to explain complex supply chain concepts. These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network.

Negotiating Skills 97

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 97

SCMDOJO

MARCH 25, 2024

Pursuing a degree in these areas will equip you with the fundamental knowledge of supply chain principles, such as procurement, inventory management, logistics, and operations strategy. For students aiming to carve out a space in this field, doubling down on tech and analytical skills is non-negotiable.

Negotiating Skills 85

Negotiating Skills Supply Chain Software Supply Chain Network Software Analytics Software 85

ivalua

SEPTEMBER 19, 2022

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Too often, the process is distilled down to a “check the box” exercise on individual suppliers.

Supply Chain Risk Management 130

Supply Chain Risk Management Risk Management Inventory Reduction Cost Reduction Strategies 130

EC Sourcing Group

SEPTEMBER 27, 2022

Technology has finally caught up with sourcing and procurement—evolving processes by leaps and bounds in a relatively short amount of time. Ensuring you have the best eSourcing tools with features that fit your needs can streamline your sourcing process, positively affecting your procurement processes and supply chain.

Analytics Software 52

Analytics Software Procurement Solutions Supply Chain Software Procurement Analytics 52

Enterra Insights

APRIL 4, 2018

Also, the expanse and coverage of these technologies have multiplied, as enterprises continue to integrate with suppliers, co-packers, manufacturers, warehousing teams, and procurement service providers. ” Cognitive technologies can help those exercises as well as contribute to other areas of risk management. ”[4].

Risk Management 100

Risk Management Supply Chain Design Software Supply Chain Planning Software Analytics Software 100

Logility

SEPTEMBER 28, 2022

The best solutions that address supply chain opportunities and threats leverage artificial intelligence (AI) and machine learning (ML) to provide the data and analytics necessary to manage the modern supply chain. Smart organizations have embraced supply chain management platforms that provide complete transparency.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimization Software 130

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

Gravity Supply Chain

JULY 14, 2020

One of which is that when the coronavirus hit, it took some companies three to four weeks to understand the ripple effect on areas such as procurement and logistics. Bloomberg’s article ‘ CEOs Turn to New Go-To Lieutenants in Economy Broken by Virus ’ highlights some compelling statistics. ACTION – There Is No Alternative!

Analytics Software 52

Analytics Software Modeling Software Forecasting Software Predictive Analytics Software 52

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). Order our EBOOK HERE.

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

Material Handling & Logistics

DECEMBER 14, 2018

The techniques require different degrees of sophistication, but even the relatively simple exercise of putting data from different sources in the same space and producing a visual representation can suggest strategies for transformation. Mistrust of data and analytics tools is not just a supply chain and logistics issue.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

Talking Logistics

DECEMBER 11, 2014

Simply put, I admit upfront that my supply chain and logistics predictions below are biased and flawed, but I make them anyway because it’s a fun exercise, and also because I hope it generates some thoughtful conversations and ideas. Big Data and Analytics for Oil and Gas Transportation. The Google Robot, Your Future Logistics Worker.

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Supply Chain View from the Field

APRIL 30, 2013

The net result of this exercise is we got down to less than 1% of the supply base to be part of a strategic relationship. Ron provided another compelling view on the Future of Procurement, and shared the organization model Duke Energy is using to build their merger activity and integrate a diverse supply base. Know the organization.

Optimal Sourcing 68

Optimal Sourcing Meeting Procurement Sourcing Strategies 68

Talking Logistics

APRIL 6, 2017

It may be time to evaluate your transportation network and approach to procurement and make the move from simply fixing logistics problems as they present themselves to a more strategic, scalable model derived from analytics and not simply rates.

Capacity 101

Capacity Price Reduction Sourcing Strategies Cost Reduction Strategies 101

Supply Chain Game Changer

JUNE 10, 2020

Procurement Leaders’ research has shown that “for workflow assignment and supplier relationship management (SRM) , more than 60% have no tools or rely primarily on improvised systems using Microsoft Office. Utilizing improvised solutions is still the norm in many procurement organizations. Think I’m full of bologna?

Procurement Solutions 56

Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing Optimal Sourcing 56

Supply Chain Matters

JANUARY 11, 2023

Over time, the notions of singular events or annual planning exercises changed significantly, beyond a consulting firm engagement and into the fabric of ongoing strategic, tactical, and lately, operational network planning and analysis.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

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

Intelligent Audit

SEPTEMBER 15, 2021

Procurement improvements can boost efficiency and visibility. If a damaged item is found, the shipper can hold the carrier liable, exercising additional caution or using the information to secure better rates for future service. Value-Added Offerings Through Tech. Less Waste With Normalized Data. Reduced Man-hours.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

Supply Chain Shaman

OCTOBER 6, 2013

Sidestep the planning and analytic offerings. Actively Invest in Cloud-Based Analytics for Self-service by the Line of Business User. The multiple ERP instances, and the tieing of analytics only to ERP projects, leaves the company unable to get data from a heterogeneous IT landscape. Today, companies cannot get to data.

Supply Chain Network Software 219

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 219

Logistics Bureau

APRIL 3, 2023

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

Optimal Sourcing 73

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 73

Supply Chain Shaman

FEBRUARY 25, 2016

Analytical innovation and digital transformation drove step-change capabilities within the office and marketing. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. As a result, many companies are struggling. Leadership teams are uncomfortable.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

C3 Solutions

JULY 30, 2020

It's not the retailers aren't interested; in fact, they strongly believe that IoT will have a dramatic effect on business in the next three years , and 72 percent in a recent North American study said they were interested in IoT based automation, sensors and analytics. Where's the ROI? And ultimately, that's what we are still talking about.

Gartner 127

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

Supply Chain Matters

DECEMBER 14, 2022

Procurement and supply management leaders will be expected to provide both leadership for supply resiliency and added value, but also supply network cost reductions. This is likely to include select areas of added business and supply chain digital transformation, but in more managed and focused scope.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies Material Savings 52

ThroughPut

APRIL 21, 2022

S&OP is a pointless exercise that adds no value to revenue growth or cost savings. They can neither be used for AI-powered analytics, nor can they scale in time with rapid business growth. One thing about inventory is that it takes time to procure, build, and distribute. Here are our top nine.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning S&OP Modeling 52

HICX Solutions

SEPTEMBER 23, 2020

There is a corresponding need for accurate supplier data for BI/Analytics. In our survey, 66% of procurement leaders agreed that data projects have stalled due to their relatively low priority when compared to other business initiatives. In spite of this, it is frequently not prioritized as highly as other data in the enterprise.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Supply Chain View from the Field

AUGUST 27, 2014

The first part of the class deals with the common elements of strategic supply management, including creating the vision for the organization, organizational roles and structure, and the fundamental elements of the procure-to-pay process. We will have speakers from John Deere, Excel Logistics, GSK, NSA,, and others coming in this semester.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

Supply Chain Matters

JANUARY 13, 2023

In Part Two of this blog series , we provided highlights our third prediction, that supply chain management teams will continue to exercise more direct control of direct materials sourcing, and these efforts will be a prominent element of business strategy for CSCO ’s and CPO ’s this year. In this posting we highlight our fourth prediction.

Predictive Analytics Software 52

Predictive Analytics Software Negotiating Skills Predictive Analytics Supply Chain Software 52

Proxima

MAY 2, 2020

We talk about and focus on supplier relationship, lifecycle, risk, enablement, onboarding/off-boarding, governance, analytics & performance management, commercial management, innovation, development, diversity & inclusion, and many other areas. We interchange supplier, vendor, and partner in various instances.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Training Sourcing Strategies 52

Talking Logistics

AUGUST 19, 2015

The exercise, however, provided me with a great list of reminders of what I heard and learned at the conference, which I will share with you today. Transportation Analytics. Solutions addressing the financial side of the supply chain, including Procure-to-Pay, is another core differentiator for GT Nexus. In-transit Visibility.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Conference Supply Chain Network Software 100

HICX Solutions

SEPTEMBER 23, 2020

There is a corresponding need for accurate supplier data for BI/Analytics. In our survey, 66% of procurement leaders agreed that data projects have stalled due to their relatively low priority when compared to other business initiatives. In spite of this, it is frequently not prioritized as highly as other data in the enterprise.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Logistics Bureau

JANUARY 7, 2020

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Development of analytical and network design skills within the company’s supply chain teams. Procurement costs.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40