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 347

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 347

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. Embedded AI that is purpose-built for supply chain.

Supply Chain Planning Software 246

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

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

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

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?

Waste Reduction 85

Waste Reduction Material Savings Resource Reduction Price Reduction 85

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

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 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 262

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 262

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

Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

RFgen

APRIL 30, 2024

These systems not only streamline inventory control, but also transform warehouse processes into a powerful tool for competitive advantage. Or reduce carrying costs. In this article, we will explore the implications, benefits, and implementation of perpetual inventory systems. Or have reliable visibility at all times.

Inventory Management Software 81

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 81

QAD

AUGUST 16, 2022

Global supply chains are suffering from what a recent research article from J.P. All these posts point to the need for visibility and solutions that foster collaboration in the supplier ecosystem. Supplier visibility provides analytics and insights to inform your strategy.

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

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

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As a result, when I was a Gartner analyst and technology providers would provoke me to write a Magic Quadrant on visibility solutions, I would laugh. Hopefully, by the end of the article you will also agree. The team was seeking analytics to monitor process compliance.

Prescriptive Analytics Software 179

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 179

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

Synovos

NOVEMBER 28, 2023

More attention is now given to how integrated supply chain management reduces Total Cost of Ownership (TCO) by analyzing crucial information such as inventory volumes, frequency of issuance and purchasing patterns. Each purchasing transaction, whether a quote request, purchase order, invoice, or something else, has an associated cost.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Synovos

NOVEMBER 28, 2023

More attention is now given to how integrated supply chain management reduces Total Cost of Ownership (TCO) by analyzing crucial information such as inventory volumes, frequency of issuance and purchasing patterns. Each purchasing transaction, whether a quote request, purchase order, invoice, or something else, has an associated cost.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Inventory Reduction Material Savings 52

EcoVadis

MAY 19, 2016

Procurement technology should make it easy to source ethically. Supply chain transparency is one of the key challenges facing Procurement and Sourcing in the coming years. Governments, consumers, and corporations are calling for new levels of supply chain transparency – and this is no easy task.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

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 97

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 97

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

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

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Supplier relationship management software will significantly drive efficiencies in administrative tasks. What is supplier relationship management? Greater administrative efficiencies.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

The Logistics & Supply Chain Management Society

MARCH 22, 2022

To ensure product quality we need a system that enables us to track unit-level items, spot problems, find an optimized solution, communicate our action plan, and orchestrate a response. The platform also alerts users to potential problems with predictive analytics and proposes optimal solutions using prescriptive analytics as well.

Supply Chain Planning Software 245

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

Supply Chain Game Changer

NOVEMBER 28, 2018

But, unlocking collaborative supplier innovation requires clearly defined strategies and operations by a sourcing, procurement and/or purchasing team to ensure that suppliers’ competencies are being leveraged to their fullest potential. Practice Compliance, Governance, and Performance Evaluation. Define Goals and Values.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

Unleashed

FEBRUARY 21, 2024

This article explores how to bring down your return rate and save time with an optimised returns management process. Returns management is the process which governs returned goods from customers. However, that same year, software company Steam announced a new open refunds policy and it was immediately abused by online users.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

NC State SCRC

SEPTEMBER 23, 2016

IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, US Steel, CB&I, Mastercard, and others attending. In that session, Dan Carrell from IBM shared a number of key perspectives that is driving IBM to diversify into the world of analytics.

Optimal Sourcing 40

Optimal Sourcing Big Data Procurement Analytics Procurement Solutions 40

Precoro

APRIL 22, 2024

This doesn't necessarily mean that SMBs have to cut all of their costs as low as possible, but they do have to be extra conscious about financial operations. In this article, we'll explore 5 effective strategies that SMBs can implement to gain control over their financial operations and improve them.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. billion metric tons as of 2017.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Enterra Insights

JUNE 27, 2022

Department of Agriculture (USDA) has raised its 2022 food inflation forecasts again reports Jim Wiesemeyer ( @Jim_Wiesemeyer ).[1] ” If that news isn’t grim enough, the staff at Fetch Rewards insists, “Food inflation [is actually] higher than government data.”[2] ”[4]. Bargain shopping.

Price Reduction 130

Price Reduction Purchasing Skills Manufacturing Procurement Food 130

Resilinc

MAY 30, 2023

On February 10, 2023, the FDA reported a shortage of carboplatin and cisplatin: two critical chemotherapy drugs needed to treat ovarian cancer and testicular cancer, respectively. Homeland Security Report on Drug Shortages In March 2023, Homeland Security & Governmental Affairs released a report on the risks of these drug shortages.

Material Savings 62

Material Savings Manufacturing Procurement Pharmaceutical Procurement Analytics 62

Claritum

JUNE 3, 2019

Claritum Article - Procurement Blog. Procurement the barrier to doing business. Poor governance structure. The number of employees procuring outside of any formal procurement structure is increasing. Effectively obscuring the supply chain from Procurement. 2 Procurement the barrier to doing business.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Purchasing Skills Supply Chain Design Software 32

Logistics Viewpoints

NOVEMBER 23, 2020

First, to launch on government approval of a new drug. This article will focus on the actions Ipsen took to never stock out. We could not manage our business with that tool,” Mr. Stephens realized. Ipsen purchased the RapidResponse supply chain planning product from Kinaxis. The solution also promotes collaboration.

Supply and Demand 196

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 196

Enterra Insights

OCTOBER 14, 2022

They often find themselves facing activist investors and consumers who want them to beef up their Environmental, Social, and Governance (ESG) activities to help address climate change, social injustice, and human trafficking. We will fight the woke government agencies. ” Analytics Insight, 27 August 2022. [7] ”[4].

Purchasing Skills 130

Purchasing Skills Florida Procurement Solutions Procurement Analytics 130

Supply Chain Game Changer

JUNE 8, 2021

Innovative brands article and permission to publish here provided by Nikki Gabriel. When tires or wheels need replacement on a commercial vehicle, the cost can be hundreds or even thousands of dollars. Fortunately, the Rent A Wheel brand created a solution. TextSanity’s software makes that easy for them to do.

Innovation 98

Innovation Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Instead, companies need to build it into digital process redefinition like digital path-to-purchase, digital procurement, digital agriculture, digital manufacturing or digital service.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

MIT Supply Chain

NOVEMBER 13, 2023

LinkedIn published my 100th Influencer article last month. As a result, despite all the conferences on the topic, modeling efforts, and media coverage, neither companies nor governments can take the decisive actions called for by sustainability advocates (in the book, I argued for technological solutions, first and foremost, nuclear power).

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Unleashed

FEBRUARY 21, 2022

There’s also an increased expectation that demand can be anticipated by the use of data analytics, artificial intelligence, and tracking of customer trends. According to this Deloitte report, transportation challenges are likely to continue through 2022 , and new strategies will need to be adopted to lessen the impact.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98