Supply Chain Game Changer

FEBRUARY 26, 2019

Procurement (and Purchasing) Job Interview Questions & Answers. Unless your company is amongst the very largest companies in the world then chances are your Procurement team will, at some point, be dealing with Suppliers that are larger than your company. How are they doing relative to any competitors or benchmarks?

Negotiate Pricing 60

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 60

NC State SCRC

JUNE 27, 2017

In my earlier book with Gerard Chick on “ The Procurement Value Proposition “, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key. They may provide specific KPI benchmark levels for a process (in such terms as percentage cost savings).

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Shaman

AUGUST 16, 2015

In the period of 2002-present, the company acquired/aggregated many applications. 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. The So What? It is clear.

Prescriptive Analytics Software 150

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

Supply Chain Game Changer

NOVEMBER 19, 2018

And competitive pressures and benchmarking results will also add to the need to reduce costs and/or be more productive. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

GlobalTranz

AUGUST 4, 2015

Editor's Note: As a third party logistics company with a focus on better Less-Than-Truckload (LTL) freight management, we have several shippers who are in the manufacturing industry. We relay on guest bloggers and the expertise of others for manufacturing best practices.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Metrics Manufacturing 120

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Kinaxis

DECEMBER 9, 2014

We also had the most customer presentations with 11 case studies in total including: • ASICS. Or, as Angel Mendez of Cisco likes to say, yesterday’s stretch goal is today’s benchmark. At the conference, that transformation was captured best by a pharmaceutical manufacturer and Schneider Electric. Buffalo Technologies. •

San Diego 187

San Diego Pharmaceutical Japan Supply Chain Planning Software 187

EC Sourcing Group

JANUARY 24, 2019

Last week I suggested that a procurement cockpit is an essential tool to manage your business in 2019. Today I will focus on KPIs that can provide deep insight into the efficiency and effectiveness of your operations, strategic sourcing efforts and how procurement systems are viewed internally. If it was always this easy.

Manufacturing Procurement 45

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Solutions 45

Resilinc

APRIL 13, 2021

2) Executive sponsors provide quarterly updates to the CEO and biannual updates to the board, including presenting examples of what went well and areas for improvement. 6) Supplier metrics, scorecards, and goals are presented at quarterly business reviews. ALIGN COMPENSATION AND INCENTIVES WITH STRATEGIC GOALS.

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Strategy 62

SupplyShift

JUNE 2, 2023

This shift is a notable effort to reduce waste and create a stronger internal market for recycled plastics and innovative packaging solutions, leading to the promotion of fair competition among packaging manufacturers. Implement Changes. Monitor Progress.

Waste Reduction 52

Waste Reduction Packaging Material Savings Expense Reduction 52

Supply Chain Shaman

AUGUST 26, 2015

While traditional forecasting approaches use statistics to model history assuming that historic shipments and order patterns represent future market patterns, in the times of market volatility, especially for manufacturers two-five levels back in the supply chain, traditionally forecasting is not adequate. Figure 1: The Bullwhip Effect.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

CH Robinson Transportfolio

JANUARY 25, 2018

But there are several trends presenting themselves that will help us redefine what “normal” means for truckload in 2018 and 2019. Incentives for carriers to purchase new trucks include better fuel economy, lower maintenance costs, higher reliability, and improved driver recruitment and retention. Labor availability influences capacity.

Trends 34

Trends Manufacturing Procurement Purchasing Skills Price Reduction 34

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. Examples include human resources or IT departments, manufacturing plants, or project teams.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Zipline Logistics

MARCH 30, 2021

“Eight of the 15 markets that we monitor as a broad, representative benchmark were positive on a week-over-week basis,” states Seth Holm of Freightwaves. Truck manufacturers also find it challenging to keep up with demand, and waitlists for driver courses continue to increase. ” Here is a look at why. .

Freight 52

Freight Manufacturing Procurement Los Angeles Purchasing Skills 52

Locus

DECEMBER 7, 2021

Presently, their major focus lies on local production, warehousing and strategic sourcing. Supply chain risk management maturity levels define how well a company has developed the risk management processes in comparison to industry benchmarks. Optimize sourcing decisions. How do businesses enable strategic sourcing?

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Modeling Supply Chain Planning Software 52

Supply Chain Matters

MAY 18, 2022

Business process intelligence technology Signavio , acquired by SAP in January 2021 was described as the catalyst technology behind the RISE program, helping customers to benchmark existing processes, discover process inefficiencies and identify opportunities to transform to a more modular and agile business landscape. Messaging Dichotomy.

SAP 52

SAP Supply Chain Design Software Supply Chain Planning Software Conference 52

Logistics Bureau

JANUARY 24, 2018

What we do is understand and model a business’ current supply chain, including procurement, purchasing, inventory and network and operations. Depending on their exact activities, both face challenges from multiple supply chains – be it retail / wholesale, projects, MRO, manufacturing, hire, etcetera.

Supply Chain Planning Software 58

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Inventory Management Software 58

Supply Chain Trend

AUGUST 13, 2020

In my benchmark survey (Van Hove, 2017), only 25% of survey participants answered yes to the question ‘ We have a relentless focus on only what is important for long term business objectives ’. Moreover, in IBP meetings, decision options, risks and financial impacts must be presented and explained to the executives.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

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. An example of social listening is the Lenovo Case Study presented at the 2015 Supply Chain Insights Global Summit. Market Drivers.

Material Savings 185

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 185

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

Supply Chain Game Changer

NOVEMBER 9, 2018

Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. At the end of their stint of several months with us they presented their results in a couple of areas specifically. SCM #SupplyChain #leadership #logistics #procurement.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 138

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 138

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. ” Or alternatively, “Is there data that could be sourced to help?” I laughed at a recent presentation of Mondelez trying to achieve the cash-to-cash performance of Dell. Let me give you an example.

Supply Chain Design Software 252

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 252

Supply Chain View from the Field

APRIL 1, 2015

Step 2 – Develop Metrics and Data Sources. This may require further defining the manufacturing specification that constitutes whether it is in tolerance or not, or it could mean whether the product is tested at the end of the line and operates as it was designed to. The balanced scorecard was first presented by Robert S.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Supply Chain Opz

OCTOBER 5, 2016

Understand online consumer behavior via Think With Google Google has provided lots of data for you to understand what, when, why and how customers make online purchase via the interactive data. Resource: Gantt Project Analyze and Present Information 19. Studying about lean manufacturing and can't find free VSM software?

Resource Reduction 124

Resource Reduction Resources Supply Chain Planning Software Supply Chain Software 124

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Logistics Viewpoints

JANUARY 23, 2024

The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, robotics, and machine learning, to name a few. The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Supply Chain Shaman

SEPTEMBER 24, 2017

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset? Talent Gaps.

Cost Reduction Strategies 200

Cost Reduction Strategies Inventory Reduction Resource Reduction Manufacturing Procurement 200

Arkieva

JANUARY 6, 2017

After a couple of quick questions about the product that she had purchased, it was obvious to me that the product itself had the right features. Supply Chain Complexity 1 – Plan/Source/Make/Deliver/…. Today we face a comparable optimism and belief in Big Data and Manufacturing 3.0. Read More ». Read More ».

Inventory Reduction 61

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 61

Enterra Insights

JANUARY 3, 2019

”[3] Analysts from global hospitality company Benchmark note, “Meat-avoiders are much plentiful and changing the way chefs approach menu offerings. ”[5] Benchmark analysts agree gut-healthy foods are on the rise. Benchmark analysts note, “Chefs are looking for new sources of protein. ”[4].

Food 100

Food Trends Oklahoma Predictive Analytics Software 100

Jaggaer

APRIL 21, 2020

JAGGAER’s Amenallah Reghimi and Mic h ael Roesch recently partnered with Philip Ideson , founder and managing directo r at Art of Procurement , to bring procurement professionals a presentation on response tactics for the current global crisis. I think this will also help procurement teams learn to be agile.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Procurement 52

Resilinc

JANUARY 31, 2024

Diversify your supplier base Single sourcing presents a huge risk for companies in all industries, especially as geopolitical disruptions are on the rise. The goal is to be able to trace individual parts to the exact site where they are manufactured. However, in 2023, the average cost of a data breach worldwide was $4.45

Supply Chain Risk Management 108

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 108

Unleashed

JULY 11, 2021

Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable. A benchmark baseline will establish fair and standardised testing and comparisons. Across Europe, EPDs are routinely factored into personal and corporate level purchasing and supply chain management decisions.

Sustainability 98

Sustainability Manufacturing Procurement New Zealand Waste Reduction 98

HICX Solutions

JULY 20, 2023

This has led to an increasing collective belief that organizations should bear significant responsibility for the emissions generated and be held accountable for their carbon footprint and move towards more sustainable procurement. Each has a crucial role in monitoring, managing and reducing carbon emissions.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40

SupplyOn

FEBRUARY 14, 2019

The successful digitization of industry-specific procurement strategies is making massive progress and continues to serve as a role model and benchmark for other industries. Companies in the automotive and logistics industries have begun implementing these approaches with the technological options available today.

Automotive 8

Automotive Logistics Network Optimization Software Industrial Industry 8

Logistics Bureau

JULY 21, 2017

Direct purchases from producers or manufacturers, instead of buying through wholesalers (if your company is engaged in retail commerce). In brief, these capabilities might include any or all of the following: Optimisation of your distribution network to maximise low-cost bulk transportation and reduce route-trade volume and mileage.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Inventory Reduction Vendor Strategies 45