Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology. – Tweet this. There is also a reliance on spreadsheets.

S&OP 156

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 156

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. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Resilinc

SEPTEMBER 27, 2022

Peter Guinto capped his 12-year Air Force career in procurement by serving on the federal COVID supply chain task force and becoming head of contracting for the Medium-altitude UAS Division—the unit responsible for keeping the United States’ edge in warfighting drones. As originally reported by Defense News , $14 billion worth of U.S.

Government 84

Government Meeting Manufacturing Procurement Supply Chain Design Software 84

Unleashed

SEPTEMBER 3, 2023

If you’re buying or selling goods, you need to know what a purchase order is and how it works. Purchase orders enable easy and safe trading between suppliers and their customers – and provide traceability as ordered items pass through the supply chain. In this purchase order guide: What is a purchase order?

Procurement Solutions 52

Procurement Solutions Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Supply Chain Shaman

JULY 23, 2023

In 2012, I published an article on Sales and Operations Technology (S&OP) Maturity. (I I never republished the report, because not enough has changed to warrant it.) The report centers on the concept of moving from inside-out to outside-in technologies. This is a natural fit for narrow AI and new forms of analytics.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 343

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

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

NC State SCRC

NOVEMBER 25, 2018

For many years, government contract officers working at the local, state, and federal level, relied on a variety of different networks to search for qualified suppliers. A new product offering by the Pubic Spend Forum provides government buyers with a new, free tool to conduct market intelligence. This is a sorely needed service.

Government 89

Government Supply Chain Planning Software Procurement Solutions Supply Chain Design Software 89

QAD

JUNE 8, 2023

When QAD hosted a live webinar earlier this year to explore and analyze the challenges that have procurement leadership buzzing these days, the issue of environmental, social and governance (ESG) was a hot topic. This simultaneously decreases costs and carbon footprint per unit. Is the juice worth the squeeze? Michael’s advice?

Waste Reduction 87

Waste Reduction Material Savings Resource Reduction Price Reduction 87

Unleashed

SEPTEMBER 17, 2022

As an accountant or advisor you’ve likely been considering whether to offer – or expand your offering – in sustainability reporting for your clients. In this report we look in to the trend for sustainability reporting, and explore the pros and cons of offering sustainability reporting in an accounting practice.

Sustainability 90

Sustainability Procurement Analytics Report Purchasing Skills 90

QAD

JULY 7, 2022

Are any suppliers on government watchlists or under sanctions? Are your consumers making buying decisions based on environmental, social and governance (ESG) issues, corporate social responsibility (CSR) or other ethical issues? found that consumers would stop purchasing brands with ethics issues. A similar study in the U.S.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 98

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. This article sheds some light on sustainability considerations at the carrier-shipper interface by analyzing recent survey data.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

EcoVadis

MAY 9, 2018

Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. In the U.K.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Procurement Solutions Optimal Sourcing 60

The Logistics & Supply Chain Management Society

JULY 16, 2023

You cannot rely solely on a general management risk reports but also need to develop a specific view of risks, such as halal risks. A halal risk report could provide essential halal risk and market intelligence for brand owners serving Muslim markets. A halal risk report provides this intelligence for halal certified brand owners.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain Shaman

JUNE 3, 2013

Over the Memorial Day weekend, I stumbled on an old article that I wrote in 2001. The high-flying company had no clarity of purpose or clear governance, but the funds kept coming. In the Gartner article, I cautioned companies to invest only if three conditions were met: A well-defined scope. Clear governance.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 259

NC State SCRC

DECEMBER 19, 2018

The prior cost-based model allowed hospitals to calculate the cost of an operation, add a margin, and charge the government for reimbursement, which they did without question. They are purchased, the manufacturer delivers them and they are put into the stockroom next to the OR. At some it is as low as 50%.

Analytics Software 56

Analytics Software Procurement Analytics Analytics Supply Chain Planning Software 56

QAD

MAY 23, 2023

Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide.

Procurement Solutions 93

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 93

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance. The responsibility of sustainability is no longer limited to the individual, but it extends to corporations, industries and even governments. million gallons of SAF this year.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Logistics Viewpoints

JULY 6, 2022

Michael Burry’s tweet was referencing the CNN article Just keep your returns: Stores weigh paying you not to bring back unwanted items. This statement indicates that Target attributes the slowdown to a rapid shift in demand patterns and an overall softening of demand from discontinued government stimulus payments.

Inventory Reduction 257

Inventory Reduction Inventory Retail Purchasing Skills 257

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. Hopefully, by the end of the article you will also agree. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. Visibility Maturity Model.

Prescriptive Analytics Software 177

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 177

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Read the article at claritum.com. Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. resource within the business.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. 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

Claritum

JULY 16, 2019

Claritum Article - Procurement Blog. Related articles. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). Introduction.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Procurement Analytics Software 32

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. Basing this on the many articles I have read covering this subject. Basing this on the many articles I have read covering this subject. Procurement Domain Name.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Supply Chain Game Changer

JANUARY 30, 2019

Article, and permission to publish here, provided by Sam Jenks at [link]. Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization.

Procurement Analytics 56

Procurement Analytics Optimal Sourcing Procurement Negotiating Skills 56

QAD

AUGUST 16, 2022

Global supply chains are suffering from what a recent research article from J.P. In a recent article from Procurious , the authors suggest: “A modern spend management strategy requires visibility into your suppliers’ practices as much as your own. Supplier visibility provides analytics and insights to inform your strategy.

Optimal Sourcing 93

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 93

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 63

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 63

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Predicting outcomes.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

The Logistics & Supply Chain Management Society

MARCH 22, 2022

By integrating transaction information across all parties, the solution enables real time visibility of the entire logistics lifecycle from purchase order to shipment order, shipment execution, track and trace, and to financial settlement. Have a System of Record for Tracking Compliance and Identifying/Reporting Violations.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Enterra Insights

SEPTEMBER 14, 2023

”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. ”[2] The ‘Meh’ Economy As I discussed in an earlier article, there has recently been a historic rise in consumer debt and this cause for some concern.[3] Gen Z’s balances increased 51.9%

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Optimal Sourcing Study 60

Enterra Insights

NOVEMBER 4, 2019

Circular economic business models encourage continuous reuse of materials to minimize waste and the demand for additional natural resource consumption.”[2]. Kadir van Lohuizen ( @mediakadir ) reports, “The world generates at least 3.5 It is important not to confuse those metrics with the circular economy. ”[2].

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100