Supply Chain Game Changer

JANUARY 9, 2019

Article and permission to publish here provided by Nikita S at [link]. Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. This is particularly apparent if you are hiring a Procurement professional, you are looking for a Procurement job, you are looking to outsource anything, or you are dealing with Procurement people in the course of conducting business. Which are the key Procurement metrics?

Procurement 66

Procurement Metrics Sourcing Comparison 66

OneSCM

FEBRUARY 5, 2016

The ease of implementing and onboarding supply chain management solutions gives wider visibility in manufacturing, as well as orders and inventory. Bundling order-to-cash and procure-to-pay functions not only gives companies a holistic view of their supply chain operations, but also improves decision-making and business growth. In some instances, sales can become risky; procurement staff maintain higher buffer stock levels as a safety net.

Procurement 217

Procurement Metrics Supply Chain Quality 217

Supply Chain Shaman

SEPTEMBER 3, 2018

At Supply Chain Insights , as we combed through over 9000 quantitative responses on supply chain management from business leaders to understand what drives supply chain excellence in preparation for the Supply Chain Insights Global Summit , in the process, we proved Hau Lee’s theorem in the Famous Harvard Business Review Article, “Triple A Supply Chains.” Reward teams for cross-functional metrics. Focus functional metrics to improving reliability.

Supply Chain 298

Supply Chain Metrics Supply Chain Planning Analysis 298

Proxima

MAY 15, 2020

Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. As we have said in other Proxima articles, the CPO can be an advocate here, but organizations need to be joined up on its purpose, from the customer all the way back through the supply chain, to the leadership. The post Sustainable procurement: a platform to rebuild appeared first on Proxima

Sustainability 48

Sustainability Procurement Innovation Exercises 48

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Burton predicts a further evolution of what we are seeing already in the market—Chief Procurement Officer’s (CPO) roles are changing rapidly. Check out Burton’s article and then check out Directworks.

Procurement 109

Procurement Brazil Currency United States 109

Supply Chain Brain

APRIL 25, 2018

The price depends on the quality of the yarn, where the garment was manufactured, the number of units purchased by the brand, and the markup. These days, manufacturers frequently make the clothes out of a mix of lengths to balance quality with cost. Read full article. Quality & Metrics SC Analysis & Consulting Global Supply Chain Management Apparel Retail All Technology Sourcing/Procurement/SRM Home Page Latest News Home Page Slider Featured Content

Manufacturing 40

Manufacturing Data Apparel Metrics 40

HICX Solutions

JUNE 10, 2020

Business users typically deal with business processes, rules, requirements, metrics, reports and so on. Normally these are transactional systems for finance, procurement, compliance and legal. Procurement – a category manager is trying to drive volumes to specific suppliers so they want to review all new onboards for their category. Quality – if a manufacturing location changes this is normally not desirable, so they should be aware so that they can take appropriate action.

Procurement 40

Procurement Data Exercises Government 40

Supply Chain Brain

JULY 2, 2018

Just about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. Most global supply chains are made up of multiple tiers of manufacturing, stretching from production of raw materials to final assembly. Original equipment manufacturers (OEMs) might even be unaware that their products are being made at an unapproved and non-compliant location. Comment on this article.

Bangladesh 40

Bangladesh Training Mauritius Norway 40

Talking Logistics

MAY 8, 2013

The law requires “retail sellers and manufacturers doing business in the state [with over $1 million $100 million in annual worldwide gross receipts] to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains for tangible goods offered for sale, as specified.” And as I highlighted last week, according to an article in the Wall Street Journal , “Wal-Mart Stores Inc.,

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Bangladesh California Supply Chain Belarus 212

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. Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. leadershipadvice #procurement #supplychainmanagement. Subscribe Here!

Strategy 47

Strategy Georgia Metrics Analytics 47

Supply Chain Game Changer

NOVEMBER 14, 2018

This article will look at a model for stratifying and segmenting your supply base within the confines of a structured and formal supplier relationship program (SRP). All levels of the organization must be involved, from the procurement person responsible for the supplier up through the CEO, depending on the value of the supplier. The sourcing or procurement function will own the relationship and manage the overall process. Subscribe Here! Email Address.

Quality 52

Quality How To Meeting Supplier Management 52

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise. In this article, we will focus on key actions to ensure successful supply chain collaborations – productive collaboration and not a frustrating one; and turning supplier collaboration into a core competency.

Metrics 62

Metrics Retail Supply Chain Manufacturing 62

NC State SCRC

DECEMBER 8, 2019

My first Monday in, I asked for a full report of all our supply chain metrics, and my analyst told me he could get it to me by Friday. At Flex, Tom had a scope that included the entire end to end supply chain: procurement, transportation, warehouse management, as well as customer order fulfillment, customer service, procure to pay, and trade relationships.

Meeting 40

Meeting Raleigh Policies Tennessee 40

Supply Chain Brain

MAY 22, 2018

In 2016, the world’s meat production was estimated at 317m metric tons, and that is expected to continue to grow. Department for Environment, Food and Rural Affairs, in 2014 the food and drink manufacturing sector contributed £27bn to the economy, and employed 3.8 Read full article. All Technology SC Planning & Optimization Sourcing/Procurement/SRM Supply Chain VisibilityWhat are the economics of meat?

Metrics 40

Metrics Packaging Retail Manufacturing 40

Supply Chain Shaman

JUNE 3, 2013

Over the Memorial Day weekend, I stumbled on an old article that I wrote in 2001. It was funded by 50 large consumer products manufacturing companies (CPG). In the dawn of e-commerce, conservative manufacturers, anteed up $240 million in four months. In the Gartner article, I cautioned companies to invest only if three conditions were met: A well-defined scope. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement.

Las Vegas 247

Las Vegas South Africa Supply Chain Visibility Africa 247

NC State SCRC

JULY 28, 2019

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. However, our research suggests that most organizations do very little to truly monitor human rights violations in their low-cost country supply chain manufacturing locations.

Chemicals 40

Chemicals Sourcing Policies Cambodia 40

Talking Logistics

JULY 1, 2015

Logistics, Manufacturing, Procurement, Sales and Marketing — these functional groups, for the most part, continue to operate independently from each other, each driven by their own objectives and metrics. For example, I remember speaking with the Director of Transportation Services at a large CPG manufacturer a few years ago. Break down your supply chain functional silos. This advice is not new.

SCM 192

SCM Supply Chain Demand Planning System 192

Kinaxis

SEPTEMBER 23, 2015

Analysts have also long-discussed how automated manufacturing has replaced middle-class domestic manufacturing jobs. There’s a proliferation of articles on business websites talking about how financial reporters, legal associates, financial analysts, and online marketers are already under threat of automation, with other, more skill-intensive white collar professions to follow. As a recent SCMA article put it , “The best Supply Chain Management jobs don’t even exist yet.”.

Training 188

Training Supply Chain Australia Education 188

Supply Chain Shaman

APRIL 17, 2013

There are a number of newly anointed experts writing articles about becoming demand driven. I like the idea that this old concept is gaining new steam; but unfortunately, too few people writing the articles really understand the concepts. The article is written and the story is spun, but the solution offered is a supply-centric solution based on yesterday’s technology. What the articles that flood the market do not tell you about is: Slow Adoption.

Baltimore 219

Baltimore Research Internet of things Analytics 219

Enterra Insights

NOVEMBER 5, 2019

As I noted in Part 1 of this article, analysts at Gartner predict circular economies will replace today’s wasteful linear economies over the next decade or so. He explains, “Many of the materials that are utilized during manufacturing exist solely within the confines of the supply chain and never exit it in the form of the product or packaging. As the name implies, a circular economy is one in which the loop between manufacturers and consumers is closed.

Real Estate 100

Real Estate Apparel Metrics Government 100

Supply Chain Shaman

SEPTEMBER 17, 2015

I am passionate about the topic of the digital supply chain, and I apologize in advance for the length of this article. He reflected on his emotions when his CEO threw down a Harvard Business Review article on Big Data and customer-centric sentiment/social information and asked Anthony how he was going to do it. For most companies, the traditional focus is on the management of order to cash, procure to pay and forecast to deliver processes. Digital Manufacturing.

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Big Data Analysis Supply Chain Taiwan 300

Supply Chain Shaman

JUNE 15, 2015

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. This article is written to help organizations better address this question. I also believe that SAP is one of the best, if not the best, ERP system for most process manufacturers. Why am I so bold as to pen an article to state that the investment in SAP SCM 7, and the migration from SAP APO, is a risk to your business?

Supply Chain Planning 240

Supply Chain Planning Supply Chain Philadelphia SCM 240

Cerasis

AUGUST 9, 2016

Metrics and Key Performance Indicators (KPIs) measure how well the shipper-transportation provider does in daily continuous improvement. Create daily route designs, complete real time track and trace, generate real-time metrics , and complete daily problem solving. Hopefully, this article has given you some key concepts to remember as you focus on how to make transportation a strategic differentiator for your firm.

Lean 179

Lean Transportation Management Transportation North America 179

Supply Chain Shaman

OCTOBER 20, 2012

I have averaged about 100 articles a year. We are trying to understand how supply chain leaders have raised the bar at the intersection of these four sets of metrics on the supply chain effective frontier. I also believe that it is because the organization is not incented to manage cash-to-cash metrics. The strong functional silos focus on their own metrics which seldom include the cycle metrics of inventory turns, working capital or cash-to-cash.

Thailand 229

Thailand Conference Metrics SCM 229

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Used as a one-to-many data model for sourcing and procurement by companies like IBM, Cisco Systems, Dell, Motorola, Seagate, and Vodafone , there is much promise; but in the last five years the Company, plagued by execution issues, encountered problems. Traditionally E2open sold to the procurement organization.

SCM 150

SCM Forecasting Supply Chain Beverage 150

Supply Chain Shaman

JUNE 15, 2015

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. This article is written to help organizations better address this question. I also believe that SAP is one of the best, if not the best, ERP system for most process manufacturers. Why am I so bold as to pen an article to state that the investment in SAP SCM 7, and the migration from SAP APO, is a risk to your business?

Supply Chain Planning 292

Supply Chain Planning Supply Chain Big Data SCM 292

Supply Chain Shaman

AUGUST 11, 2014

We have found that supply chain metrics are gnarly and complicated.During In our program, cost avoidance, while desirable, does not count towards the metric. Our approach simply breaks accountabilities and goals across the areas of Manufacturing, Logistics/Network Optimization and Ingredients/Packaging. We would not have succeeded without a team effort across R&D, the business leaders, and SC disciplines of engineering, procurement, and manufacturing.

Case Study 247

Case Study Study Supply Chain Six Sigma 247

Supply Chain View from the Field

JANUARY 14, 2015

Such systems are also instrumental in establishing aligned tactical and strategic performance metrics systems that drive improved economic outcomes (Bendoly et al., ERP systems are designed to integrate transactions from finance, human resources, procurement, operations, sales and marketing, logistics, and other functions in a firm. They have been touted as the key to manufacturing excellence and supply chain integration… But what is the real ROI on ERP system implementation?

Research 69

Research Procurement Journal Resources 69

Kinaxis

MAY 18, 2016

Procurement might have hit their cost savings metrics, but if it meant purchasing more than needed, and that might hurt your warehouse inventories. One thing that comes through in your LinkedIn publisher articles is your passion for the field. Today, I don’t deal with the product as much as a service provider, but I have electronics companies, I have consumer goods companies, and I have manufacturing companies that I work with.

Supply Chain 100

Supply Chain Metrics Lean Electronics 100

Supply Chain Shaman

OCTOBER 7, 2012

These can be shift in the channel, issues in manufacturing, increasing variability in transportation, or a shift in commodity prices. Alternate Bill of Materials and Alternate Sourcing: The more alternatives that exist through the manufacturing and procurement processes, the easier it is to design the supply chain to absorb cost and supplier variability. Flexible Manufacturing Scheduling Practices: The design of manufacturing processes to flex with market fluctuations.

Six Sigma 196

Six Sigma Inventory Analysis Chicago 196

Talking Logistics

FEBRUARY 22, 2013

CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. According to the press release: Transplace leverages the CombineNet ASAP® advanced e-sourcing technology as part of its expert solutions, helping customers develop and optimize their carrier strategy for procurement events involving truckload, less-than-truckload (LTL), and intermodal needs.

Mexico 100

Mexico North Dakota Montana Nebraska 100

Supply Chain Nation

APRIL 1, 2014

In a previous article titled “ What Is Preventing Your Supply Chain From Being a Strategic Differentiator? ” In this article, I shall review the factors that set the supply chain leaders apart from the rest and that help drive profitable growth for their companies. Without a shared set of metrics between the commercial and operational teams, it is extremely difficult to get alignment between them.

Metrics 65

Metrics DC Capacity Forecasting 65

EcoVadis

APRIL 18, 2017

In the recently released EcoVadis/HEC Sustainable Procurement Barometer , 97% of organizations surveyed consider sustainable procurement important or critically important. It is clear that mass adoption of sustainable procurement has arrived. Organizations have realized that sustainable procurement , and understanding the sustainability of their supply chains, is a core tenant of any modern sustainability program.

Survey 40

Survey Sustainability Procurement Exercises 40

Material Handling and Logistics

JUNE 25, 2018

One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains. So the CSR score too is more of a popularity contest than a consistent metric. Also, for whatever reason, Gartner limits the scope of the Top 25 to companies in the manufacturing, retail or distribution sectors.

Sourcing 101

Sourcing Supply Chain Beverage Predictive Analytics 101

EFT

AUGUST 15, 2016

Supply chain management is the cornerstone of procurement, production and facilities management. Many Lean Manufacturing or Six Sigma Methodologies champion this while calling for process improvement and business optimization through faster, safer and more comprehensive approaches. Furthermore, many performance metrics can be implemented in to leading platforms to help organizations achieve goals from the ground-up. 1) Master Your Supply Chain.

Six Sigma 57

Six Sigma United States Lean Metrics 57