Remove Blog Remove Metrics Remove Procurement Remove Workshop
article thumbnail

Off to another exciting year of student-industry engagement at NC State on cutting-edge supply chain projects

NC State SCRC

These projects all invovle cutting edge topics that are often discussed in blogs and websites. This project is the e xtension of an executive workshop we ran last fall. MUFG Union Bank Strategic Performance Metrics. Metrics should be focus on managing a bank’s Procurement and Payment Program, not on managing individual vendors.

article thumbnail

Procurement Leadership Program can help individuals market the real value of procurement to the enterprise

NC State SCRC

Gene Richter is widely known as one of the world’s true procurement gurus, and I was privileged to have known him when he came to speak several times at Michigan State during the 1992-1999 period when I was there. And when I say value, I mean more than just cost savings, or the infamous “purchase price avoidance” metric.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

No Easter Bunny?

Supply Chain Shaman

The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. This is the world view of finance and why there is so much friction between procurement and finance. Let’s start by addressing the barriers. Barrier #1. Inside-out Thinking. It is not sufficient.

article thumbnail

Using the Bits: Building Digital Outside-In Processes

Supply Chain Shaman

For most companies, the traditional focus is on the management of order to cash, procure to pay and forecast to deliver processes. In this blog post, I will apply this methodology and discuss the potential redefinition of three digital processes: Digital Manufacturing, Digital Path-to-Purchase, and Digital Agriculture.

article thumbnail

What is Enterprise Resource Planning (ERP)?

ThroughPut

An effective ERP manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. Integration with the inventory and procurement modules allows efficient material planning and execution.

article thumbnail

50 expert tips on logistics planning and strategy

6 River Systems

Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. ” — Gavin Davidson, Design, Plan Execute, and Support–A Supply Chain Evaluation Guide , NetSuite Blog; Twitter: @NetSuite.

article thumbnail

Learning from the Community with Case Studies on Approaches to Supplier Experience

HICX Solutions

Procurement and Digitalization ?practitioners, For this session, the workshop was based on experiences of recent implementations. HICX recently held the second of its Supplier Experience Community Working Group events. This second virtual event saw the coming together of around twenty leading? A case study approach.