Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. We really needed to close the loop.”

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

Supply Chain Shaman

JANUARY 31, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Supply Chain Shaman

FEBRUARY 7, 2022

The two most significant factors were a rise in time between the booking to gate in at the port, up 43%, and the ocean transit time, up 36%. Source E2open Shipping Index). Today, only 4% of companies are the first to buy new technology—a 40% decline from post Y2K in 2001. We started the conversation with sourcing.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

Freightos

NOVEMBER 11, 2021

On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. Amazon has made a habit of excelling at logistics to retain end customers and third party sellers.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Supply Chain Shaman

OCTOBER 2, 2020

Starbucks redesigned their cups for the Grande product, and the flimsy cups were a source of constant spills and burns. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence. Defining the Customer Experience Through Supply Chain Excellence.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285

SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. Francine has been an Interim (project) manager and senior business analyst with a track record in Operational Excellence, Process Design and Data Analysis.

Supply Chain Design Software 59

Supply Chain Design Software Negotiating Skills Optimal Sourcing Supply Chain Planning Software 59

Supply Chain Shaman

JUNE 23, 2020

I am also developing a framework for my new book. I define supply chain excellence as year-over-year performance better than the peer group on this balanced scorecard. 06/2020 Kinaxis buys Rubikloud for 60M$. Stay tuned. Ecolab, L’Oreal, and TJX are exceptions. They did it.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

SCMDOJO

OCTOBER 27, 2023

Sustainability and CSR Negotiation: Negotiating terms related to sustainability, corporate social responsibility (CSR), and ethical sourcing. Alternative Sourcing Negotiation: This negotiation explores alternative sourcing options when necessary. E-Sourcing Platforms: E-sourcing platforms exist to ease the negotiation process.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

Enterra Insights

JANUARY 6, 2023

The term ‘Titanium Economy,’ coined in a recent book by Asutosh Padhi, Gaurav Batra and Nick Santhanam, refers to the phenomenon of how the manufacturing sector is bucking its long-held reputation as the place where innovation went to sleep.”[4]. ”[4]. Industrial employment rose from 11.6 ”[5].

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing South Carolina Pricing Training 130

Talking Logistics

SEPTEMBER 13, 2016

Intra-company and intercompany, across the supply chain and across the globe, from the operator level to the management suite, information on all aspects of production, manufacturing, sourcing, and distribution is increasingly visible and accessible at all levels, so that appropriate decisions can be made and applied.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Supply Chain Shaman

SEPTEMBER 23, 2016

This is not the case with the purchase of direct materials. Direct material purchases are still controlled by Material Requirements Planning (MRP) and traditional buying processes. The focus is primarily about the reduction of purchase costs. Today, less than one-in-four purchase orders are processed hands free.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Price to Tangible Book Value (PTBV).

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Shaman

DECEMBER 30, 2021

Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers. Prior to 2018, when an ocean carrier booked a shipment they had to provide a chassis. There is not a one-to-one relationship between a container and a purchase order. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

SYSPRO Smarter ERP

DECEMBER 11, 2023

Customer relationship management and service Excellent customer service is a key requirement for renewable energy companies. It can track, manage and report the book value and depreciation of fixed assets. For period-end, companies can close the books quicker and report financials accurately.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

MAY 2, 2016

Avoid buying software from a consulting company. Do not buy software based on partnerships. Open source needs maintenance. With the evolution of open source software, be sure that the solution that you are purchasing can be maintained and evolved over time. They are very different.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Unleashed

FEBRUARY 9, 2023

This guide outlines how to set up an Amazon wholesaling business from scratch, including how to source products, manage stock, and grow your store. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace. How does Amazon wholesaling work?

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

Supply Chain Shaman

NOVEMBER 20, 2014

The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. This includes the automation of the list and driving demand before the store, driving demand in the store, mining the data from checkout and listening to sentiment post purchase. I give them credit.

Analytics Software 291

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 291

MIT Supply Chain

NOVEMBER 13, 2023

At the time, I started a research project on supply chain sustainability that culminated in my book “Balancing Green: When to Embrace Sustainability in Business (and When Not To)” (MIT Press, 2018). Often, these reviews lead to the establishment of new sources in other geographies, reshoring, and friend-shoring.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Alloy

FEBRUARY 4, 2024

It gathers and stores a tremendous amount of data from various sources, including customer transactions, loyalty card data, online interactions, and market trends. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. There are large meals to prepare, stockings to stuff, and presents to buy.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Precoro

FEBRUARY 27, 2023

Spend analysis is a crucial part of the broader business practice of spend management because a clear picture of the company's expenditures is essential for fact-based decisions in strategic sourcing and supplier management. If the answer to any of them points to problems, it might be time to explore other sourcing options.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

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. Which book has inspired you the most and why?

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

Talking Logistics

OCTOBER 15, 2018

Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes. Having a long-range view provides the sourcing teams with a bigger time margin so they can correct the impending disruption by communicating directly with the factory or taking other reactive measures.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

NC State SCRC

AUGUST 18, 2022

Initially, we expect to see many procurement applications of AI in spend analysis, accounts payable, and source to pay applications, but this will become more important as we observe AI applications in areas such as supply risk management, buyer-seller relationships (including email exchanges), and improved supply base management.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Supply Chain Shaman

JANUARY 11, 2016

The source of the content is research. One of the barriers to greater progress in driving supply chain excellence is the current state of user satisfaction with current technologies. The purchase of supply chain solutions remains a complex sale with increased power by Line of Business Leaders. The gaps are large.

Supply Chain Planning Software 165

Supply Chain Planning Software Modeling Software Demand Planning Software Supply Chain Network Software 165

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. How do they buy from you? How do they buy from you?” Kehat’s feedback is that “Getting management buy-in for the implementation of cost-to-serve process is easy, but the implementation is difficult.” Both improvement and performance define supply chain excellence.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

NOVEMBER 6, 2016

The third issue is the lack of understanding that global processes–to maximize the economies of scale in transportation and material buying–need strong governance. Without this discipline, the global organization cannot actualize buying power in procurement or lower costs and improve costs/customer service in transportation.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Enterra Insights

JUNE 13, 2018

Gilmore cites a passage from a book entitled The Supply Chain Revolution written by Suman Sarkar, CEO of Three S Consulting. The cited passage reads, “Most CEOs continue to ignore supply chain management and sourcing. Horizontal (versus Vertical) Process Excellence. Synchronized (versus Integrated) Processes.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain 100

DELMIA Quintiq

JULY 5, 2017

From my previous blog post , it’s clear that the road to achieving sales and operations planning (S&OP) excellence is not an easy one. It allows flexible, end-to-end modeling of your supply chain including production, sourcing and transportation. Be inspired to transform your S&OP right away — contact us today.

S&OP 136

S&OP Supply and Demand Modeling Optimal Sourcing 136

Supply Chain Shaman

SEPTEMBER 30, 2014

Source Wikipedia. Consumers want to shop anywhere, and buy in the way that they want to buy. …there is not substitute for an accurate PI signal in supply chain excellence. If you get serious, I want to write your story in the new book that I am writing. . Definition: Brass tacks are a type of pin or nail.

Optimal Sourcing 296

Optimal Sourcing Forecasting Forecasting Software Supply Chain Network Software 296

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. This is a missionary buying market where taxonomies and technologies are not clear.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

Supply Chain Shaman

FEBRUARY 16, 2016

Historically, supply chain processes were functional focused on make, source and deliver. Digital sourcing? The use of new network technologies to sense and manage supplier relationships to ensure ethical and reliable sourcing.) Digital path to purchase? Cross-Functional and Horizontal.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

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

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). Others will have a purchasing or supplier management board at the senior management level.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Opz

JULY 7, 2013

The company won the ISM 2012 Award for Excellence in Supply Management (category:process). Cross-functional team, part standardization, back-up suppliers, dual-sourcing, supplier collaboration are the basic foundation that is tried and true. 10 Greatest Supply Chain Management Books of All Time. Cisco System Case Study.

Supply Chain Disruption 170

Supply Chain Disruption Supply Chain Strategy Manufacturing Procurement Supply Chain 170