Supply Chain Shaman

SEPTEMBER 10, 2023

Was it that Kraft was not clear in its definition of supply chain excellence (which was true) or not clear on how to best use the system (which was also true)? What defines supply chain excellence? And, while companies have purchased Multi-Enterprise Inventory Optimization technologies. How should they make a decision?

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The percentage of purchased goods emissions by suppliers with science-based targets. Supplier Performance Evaluation. Ordering and Catalogs.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Logistics Viewpoints

APRIL 24, 2023

The visibility to spend allows them to provide excellent benchmarking in several areas. Initially, this product will focus on the purchase order (PO) acceptance process. The public cloud gives Coupa visibility to $4 trillion in spend that passes through their public cloud. That has recently changed.

Supply Chain Design Software 201

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 201

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Game Changer

APRIL 15, 2020

Benchmarking. While it may seem simple, or mundane, benchmarking the digital solutions on the market should be the first step to any kind of digitalization. This is why benchmarking is a crucial part of going digital. Without benchmarking one can very easily shoot way too high, or aim far too low. Publications.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Popular Beliefs on Supply Chain Excellence Do Not Align With Results. . Overall, the industry is not aligned with the definition of supply chain excellence. During the presentation, I squirmed uncomfortably in my seat.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Unfortunately, this PFEP “tune-up” often uses very time-consuming and manual Excel analysis that limits the frequency of optimization. It translates a buying requirement into a purchase order for requisition.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

SCMDOJO

NOVEMBER 9, 2023

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention. The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands.

Risk Management 130

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

Supply Chain Shaman

NOVEMBER 9, 2014

This team is not buying the message. So much so, that three years ago, I founded a research company to focus on understanding supply chain excellence. When we started benchmarking companies, Deborah and I had a friendly wager. Deborah and I benchmarked 97 supply chains; and, we found the inverse to be true. I was wrong.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

Alloy

FEBRUARY 4, 2024

The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. 84.51° does an excellent job helping you understand the motivations and behaviors of your customers so that you can design and implement the best events and promotions, but how do you measure them? Why can’t I just use Excel?

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

JANUARY 27, 2015

Last week, I interviewed Robert Byrne, founder of Terra Technology on his demand planning benchmarking study. I enjoy creating the podcast series, and Rob’s findings in his benchmark study are always thought-provoking. Data sourced from the Terra Technology 2014 Benchmarking Study.

Supply and Demand 150

Supply and Demand Supply Chain Planning Software Forecasting Supply Chain Software 150

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” This type of benchmarking is the most powerful in the comparison of like competitors. As a result, buyers should buy based on today’s functionality.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Talking Logistics

APRIL 24, 2017

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 116

SCMDOJO

MARCH 19, 2024

This includes providing excellent customer service, so businesses can enhance customer satisfaction and loyalty. If you are responsible for the sourcing process, our course The Sourcing Process taught by our expert Maryna Trepova is all you need to learn from make or buy decisions to the key process for obtaining quotations.

Optimal Sourcing 75

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 75

Supply Chain Game Changer

AUGUST 16, 2022

This electronic money has the most robust decentralized framework, which is excellent for individuals to exchange by a wide margin in research. Today, youngsters partake in web-based betting and buy merchandise and products from various nations. Then again, most youngsters bringing in cash generally prefer not to see the Bank.

Currency 97

Currency Eliminating Excel in Purchasing Supply Chain Design Research 97

Supply Chain Network

OCTOBER 27, 2017

The research indicates that not only does internal collaboration create financial worth; benchmark companies are leveraging collaboration outside their organizations to create competitive advantages. Maine Pointe calls this Total Value Optimization (TVO)™.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Gartner Supply Chain Optimization 101

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The translation of independent demand into cycle stock reduction in production planning and material buying in demand-driven MRP.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Supply Chain Shaman

DECEMBER 26, 2012

However, none of the three companies knew this before the benchmarking activity. This includes the automation of path-to-purchase for consumer products, active shaping of demand through price, channel incentives and promotions, eCouponing and mobile commerce for retail, and product proliferation for all. It constantly amazes me.

Manufacturing Procurement 183

Manufacturing Procurement Purchasing Skills Modeling Supply Chain Design 183

Material Handling & Logistics

DECEMBER 3, 2018

According to APQC Open Standards Benchmarking data, organizations that are median, or midpoint, performers on this measure have a perfect order index of 90. In other words, 10% of orders being shipped by companies who are median performers have some form of failure or defect, so 10% of order recipients are disappointed.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

Supply Chain Movement

JUNE 11, 2014

Thirdly I have set up global raw material supply (GMS), a supply entity that consolidates CAN’s global purchase orders and global vendors to plan and deliver raw materials for our manufacturing sites. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

The Logistics of Logistics

JANUARY 26, 2016

They allow you to set benchmarks and improve your business practices. Inventory tracking software is an excellent way to keep a close eye on inventory and measure it as a KPI. A good benchmark is to reduce turnover, thus lowering training costs. Below are five KPIs to closely monitor in your warehouse: 1. Author Bio.

Warehousing 100

Warehousing KPI Inventory Reduction Cost Reduction Strategies 100

Supply Chain Shaman

JUNE 3, 2013

While there is work within SAP to rethink SNC and use the assets purchased with Ariba to build multi-tier capabilities, the progress is not encouraging. the company is owned today by 20 organizations representing manufacturers, distributors, hospitals and group purchasing organizations (GPOs). Marketplace Rebirth.

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 253

Supply Chain Insights

SEPTEMBER 26, 2012

Companies get the benchmark data on supply chain financial ratios and we get to learn from supply chain leaders in building the analysis and the interpretation of the results. We do want to do: Strategy Days on Supply Chain Excellence: 85% of companies that we work with are confused on the definition of supply chain excellence.

Modeling 137

Modeling Pricing Training Eliminating Excel in Purchasing Purchasing Training 137

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. SAP purchased Ariba in 2012 for 4.2B$, and the company has been slow to actualize the asset and drive incremental revenue.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. Keith led the work to move P&G from a regional to a global manufacturer opening up the Warsaw center of planning excellence and outsourcing IT to HP. Keith was an undisputed leader in building talent to drive manufacturing excellence. The reason? Discontinued in 2011.

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Supply Chain Shaman

MAY 1, 2014

There is an inverse relationship between margin and supply chain excellence. Zimmer’s strategic framework focuses on growth, operational excellence and prudent capital allocation. Leaders need to start a system to improve measurement and tie performance to buying incentives. I don’t think so. It matters more. My Challenge.

Supply Chain Planning Software 289

Supply Chain Planning Software San Diego Supply and Demand Pharmaceutical 289

Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. Identify identical or similar MRO inventory stock items to determine if spending can be reduced through bulk purchases.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Shaman

JUNE 21, 2023

Demand latency is the time cycle to translate a channel purchase to an order.) Companies that operate separate systems for revenue management and demand management create a risk in understanding market trends and gauging price elasticity quickly. Why Do We Believe Reactive Planning Processes Are Beneficial?

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Silvon Software

NOVEMBER 28, 2017

When you give your people reporting tools that reveal not only the big picture, but the underlying details, too, they will solve problems and find opportunities to excel. If you’re a sales rep or manager, think of the possibilities if you were able to easily uncover those accounts that haven’t purchased a specific item in a while.

Procurement Analytics 71

Procurement Analytics Procurement Solutions Analytics Software Eliminating Excel in Purchasing 71

ThroughPut

FEBRUARY 2, 2024

This advanced form of supply chain analytics offers agility and adaptability, setting new benchmarks for data-driven decision-making. By analyzing customer behavior, purchase histories, and search trends, Amazon predicts future product demand. Amazon Amazon utilizes predictive analytics to optimize its inventory management.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

SCMDOJO

OCTOBER 27, 2023

It could be: Volume and Scale: You are on a considerable leverage if you are buying in bulk. Track Progress Effective negotiation also includes benchmarking your supplier’s performance so you can negotiate on the basis of facts and data. Procurement excellence in businesses can lead to their long term success.

Negotiate Pricing 89

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 89

The Logistics of Logistics

DECEMBER 31, 2021

Amazon has raised the bar on digital communication with customers and their accurate, on-time home deliveries set the benchmark for the rest of the industry. Walmart is a juggernaut when comes to sales and operational excellence. Walmart is the world’s largest company by revenue, with over $524 billion USD in 2020. Rick Watson.

Eliminating Excel in Purchasing 130

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 130

Claritum

AUGUST 4, 2020

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. function.Focused purely on moving purchase transactions though the. The focus should be on automating the buying process from a. needed on the flow of purchasing transactions.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

The Logistics of Logistics

FEBRUARY 18, 2021

Amazon has raised the bar on digital communication with customers and their accurate, on-time home deliveries set the benchmark for the rest of the industry. Walmart is a juggernaut when comes to sales and operational excellence. Walmart is the world’s largest company by revenue, with over $524 billion USD in 2020. Rick Watson.

Eliminating Excel in Purchasing 147

Eliminating Excel in Purchasing Logistics Network Optimization Software Resource Reduction Inventory Management Software 147

Claritum

NOVEMBER 16, 2018

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within the business. The focus should be on automating the buying process from a user/departmental perspective. Introduction. Step 1 Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69