Supply Chain Shaman

FEBRUARY 7, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. Govern by implementing stage-gate processes (analogous to those in the management of product innovation.) Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Logility

APRIL 29, 2021

Lack of supplier insight can result in your organization violating government regulations; working with providers who don’t share your company values; or getting caught up in trade embargoes, sanctions, and labor and social justice issues. For example, governments may enact new laws that affect worker rights.

Optimal Sourcing 203

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Supply Chain Optimization 203

Logility

AUGUST 15, 2023

The average volume, rising expenditures, and varying price arrangements for each item across multiple suppliers further complicate the procurement landscape. This broad spectrum must be captured fully, including metrics on energy consumption, water usage, and overall environmental impact,” explains Vethuizen.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

NC State SCRC

FEBRUARY 12, 2017

I recently interviewed a large semiconductor company that developed a cross-enterprise initiative to drive analytical learning across its entire supply chain. There are systems directors in both the procurement and logistics/planning teams. The company established a supply chain IT organization that reports up to the CIO.

Analytics Software 40

Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Design Software 40

Supply Chain Shaman

FEBRUARY 14, 2022

Organizations can align to drive value despite the allegiance to functional metrics. I am shocked to see how the lack of governance–clarity on who and how to make decisions–derails well-intended processes. Without clear governance, customer data never sees the light of day. I give you this evidence in this blog.).

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

DECEMBER 28, 2020

In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. The movement from regional to global supply chains increased corporate politics with few having clear governance. He was controlling but lacking the understanding of a planning project. The So What?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Elementum

FEBRUARY 7, 2024

Machine Learning (ML): The Backbone of Intelligent BPA ML is pivotal in advancing BPA by introducing predictive analytics and decision-making capabilities into automated processes. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Silvon Software

FEBRUARY 23, 2023

Government, healthcare, and pharmaceuticals will likely maintain a focus on strengthening their pandemic risk assessments. As powerful tools to support these initiatives, both Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) are metrics that can be used to monitor business performance and track potential risks.

Procurement Analytics 66

Procurement Analytics KPI Analytics Software Supply Chain Planning Software 66

Supply Chain Shaman

JUNE 3, 2013

The high-flying company had no clarity of purpose or clear governance, but the funds kept coming. Clear governance. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. Marketplace Rebirth.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 258

Enterra Insights

JULY 28, 2020

They write, “Accomplishing [faster transactions] requires organizations to create cognitive supply chains that augment human capabilities with advanced technology and analytics.” This new model is already evolving, as digital technologies with embedded analytics converge to capture, store, process, and share data.”[3]

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

Supply Chain Shaman

MAY 7, 2015

Companies that have cross-functional alignment and clear governance models can make progress faster. The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Agile and Lean Supply Chain 150

NC State SCRC

SEPTEMBER 22, 2019

Data quality and governance has always been “ important ” to the supply chain function but today it is “ critical ”. Speed in data retrieval involves having good data governance systems that bring critical data to users in a format that is easily accessible.

Quality 40

Quality Data Supply Chain Software Analytics Software 40

American Global Logistics

JULY 14, 2023

However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. Pressure on Taiwan, expansionist moves in East Asia, and the government's "common prosperity" goal can impact supply chains serving these markets. business logistics amounts to 9.1% of the country's GDP or $2.3

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! Emerging procurement theory suggests that creating win-win situations within buyer and supplier agreements are the best ways to create long-lasting, engaging, creative, collaborative, and innovative partnerships. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

Supply Chain Game Changer

JULY 29, 2021

The government and the scientific community never actually expect a second wave of this magnitude. Saudi Arabia shipped 80 Metric tonnes of liquid oxygen to India and Portugal assured 20,000 litres of oxygen per week to India along with 5503 vials of Remdesvir. We probably took it lightly and got into the celebration mode.

India 105

India Supply Chain Saudi Arabia Portugal 105

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Seeking advice and help from strategic digital supply chain experts, businesses can better understand which data metrics and KPIs best reflect their objectives to transform and consolidate their processes, adopt centralised governance, and achieve best practice operational models. BE READY FOR THE NEW NORMAL.

Supply Chain Planning Software 246

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

SupplyShift

JULY 6, 2021

Attention on social justice and diversity issues from consumers, employees, governments, and international regulators continues to increase. After leadership buy-in, it’s important to dedicate DEI-focused staff and resources to your procurement and supply chain teams. To create a baseline, you’ll need the right data.

Supply Chain Software 52

Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimal Sourcing 52

Supply Chain View from the Field

AUGUST 27, 2014

Students will learn core processes around initial exploration and assessment of supply chain relationships, establishing metrics/expectations for the relationship, crafting and managing contracts, and sustaining continuous performance improvement in sourcing, logistics and operations.

Negotiating Skills 68

Negotiating Skills Negotiate Pricing Supply Chain Design Software Manufacturing Procurement 68

SYSPRO Smarter ERP

JANUARY 9, 2023

Manufacturers increasingly turning to data and analytics, from an ERP system, to support business initiatives. It is needed to provide more accurate awareness and visibility over operations, and by using data and analytics effectively an organization can become more responsive. Steps to building a data and analytics capability.

Analytics Software 111

Analytics Software Manufacturing Procurement Inventory Management Software Predictive Analytics Software 111

Precoro

MARCH 11, 2024

VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals. Payment reform Providers are incentivized via financial rewards or penalties to improve performance on the above-mentioned metrics.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

SupplyShift

JULY 6, 2021

Attention on social justice and diversity issues from consumers, employees, governments, and international regulators continues to increase. After leadership buy-in, it’s important to dedicate DEI-focused staff and resources to your procurement and supply chain teams. To create a baseline, you’ll need data.

Supply Chain Software 40

Supply Chain Software Agile and Lean Supply Chain Supply Chain Optimal Sourcing 40

Vanguard Software

JULY 6, 2021

Companies need a holistic end-to-end process that considers organizational design, process design, and data governance to address trends, including specialization, globalization, and regional demands. As a result, there’s an increasing need to sense market demand and quickly translate the requirements into supply chain responses.

Supply and Demand 52

Supply and Demand Modeling Demand Planning Software Supply Chain Planning 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

Supply Chain Game Changer

NOVEMBER 10, 2018

Sixty-five percent of procurement practitioners say procurement at their company is becoming more collaborative with suppliers, according to The Future of Procurement, Making Collaboration Pay Off, by Oxford Economics. Picking the right metrics can be challenging, however, and it will inevitably involve trade-offs.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

NC State SCRC

DECEMBER 17, 2017

In the innovation category, metrics related to spending management, category management, strategic sourcing and supplier relationship management. In the social responsibility category, metrics related to supply chain policies, practices and results, including audits and lawsuits, with respect to human relations and the environment.

North Carolina 40

North Carolina Innovation Supply Chain Software Optimal Sourcing 40

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

NC State SCRC

DECEMBER 30, 2018

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. What is digital governance and stewardship?

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

MIT Supply Chain

JANUARY 15, 2015

A shipment of medical equipment that arrived on January 12, 2015, in Monrovia, Liberia, from Miami, US, will enable 25 government hospitals to receive infection control training, helping the facilities which were partially or fully closed owing to the Ebola crisis to recommence regular operations. million grant from Paul G.

Liberia 40

Liberia Manufacturing Procurement Cargo Supply Chain Design Software 40

TrackVia

AUGUST 22, 2023

Here are some best practices: Maintenance Scheduling: Develop a maintenance schedule based on manufacturer recommendations, usage patterns, and predictive analytics. Integration Capabilities: Asset management often interfaces with other business systems, such as finance or procurement. Keeping your data safe when needed.

Asset Management 98

Asset Management Optimization Software Analytics Software Predictive Analytics Software 98

NC State SCRC

APRIL 27, 2016

Will digitization change the way we measure things and monitor metrics? A problem in procurement can impact manufacturing and logistics and planning, but often these dots are never connected, so there never emerges a cross-functional approach to working on them.

Sourcing Strategies 40

Sourcing Strategies Material Savings Cost Reduction Strategies Real-time Visibility 40

Logility

APRIL 13, 2021

It has overcome an early identity crisis and proved itself as a powerful enterprise planning tool , helping companies meld financial, sales, production, procurement and marketing information into a single plan, grounded in reality. 2) Poor or Non-Existent Data Governance. What Does IBP offer? Pick your big 12 and start.

Supply Chain Planning Software 240

Supply Chain Planning Software Supply Chain Planning Scenario Planning S&OP 240

Supply Chain Game Changer

JUNE 2, 2020

As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain. Several articles and reference books have highlighted Joe’s procurement transformation accomplishments at Lucent Technologies, Juniper Networks, and in the area of Supply Chain Risk Management.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

Supply Chain Shaman

AUGUST 21, 2016

Establish Regional/Global/Business Governance. Based on the organizational mapping and the organizational priorities, define regional/global and business governance. Establishing Planning Governance. I shared the research in Figure 2. Driving Alignment in S&OP Processes. Supply Chain 2030. Building Outside-In Processes.

S&OP 150

S&OP Supply and Demand Supply Chain Planning Software Price Reduction 150

The Network Effect

OCTOBER 3, 2014

Demand analytics around EDI transaction sets 830, 862, 866, as well as any web-based electronic communication. Identification and measurement of key trending metrics on a weekly or monthly basis, with an emphasis on corrective action planning to address metrics that don’t meet goals. Supplier shipment information accuracy.

Supply Chain Network Software 197

Supply Chain Network Software Automotive Modeling Software Supply and Demand 197

E2open

DECEMBER 8, 2022

release includes innovations such as advanced analytics to better align rebate and incentive programs with corporate goals, helping increase returns on channel investments. This eliminates the need for manual interaction during procurement, increases RFP response rate percentages, and expands access to contract rates for shippers.

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60