Supply Chain Game Changer

JANUARY 21, 2020

Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. Subscribe Here! Email Address.

Procurement Solutions 87

Procurement Solutions Procurement Purchasing Training Negotiating Skills 87

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

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

RFgen

DECEMBER 21, 2022

Choosing New Warehouse Automation Software. Implementing the right warehouse automation software can help you digitally transform obsolete inventory processes to vault ahead of competitors. 2022 Digital Inventory Report, RFgen Software. Benefits of Warehouse Automation Software. The Inventory Error Problem.

Supply Chain Software 52

Supply Chain Software Optimization Software Inventory Management Software Logistics Network Optimization Software 52

Supply Chain Matters

APRIL 18, 2024

The most notable are the intermediaries that make up the termed buying groups. Dayen cites a specific instance as far back as 2018 when shortages of sodium chloride IV’s , half of which was sourced in Puerto Rico, led to delays in critical hospital surgeries and emergency medical procedure’s.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

Supply Chain Game Changer

MAY 8, 2019

Hey Procurement! From one Procurement organization to the next, terminology differs. Procurement is a function, that is undergoing transformation; technologically and ideologically. RFPs become RFSs (Requests for Solution), and people speak less about TCO and more about TVO (Total Value of Ownership). Subscribe Here!

Procurement Solutions 50

Procurement Solutions Procurement Purchasing Training Negotiating Skills 50

Supply Chain Shaman

SEPTEMBER 5, 2022

When it comes to inventory and driving improvement in the face of variability, there are five issues: Poorly Implemented Advanced Planning Solutions. Definition of Form and Function of Inventory: Source Supply Chain Insights. IBM, in contrast, purchased over fifteen supply chain acquisitions but drove little innovation.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Freightos

OCTOBER 26, 2020

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Other sources reported that DB Schenker was not the only forwarder making this shift. Advantages Beyond Shipment Booking and Execution. Driving the Maersk Shift.

Logistics Network Optimization Software 287

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 287

Supply Chain Game Changer

NOVEMBER 24, 2018

Check out Outsourcing Sourcing! Then you need Virtual Procurement! We are too small and can’t afford to hire a full-time procurement person. We are busy and just don’t have the time to focus on procurement.”. “We This is a sure sign of the growing level of understanding and sophistication of procurement.

Negotiating Skills 51

Negotiating Skills Purchasing Skills Procurement Solutions Negotiate Pricing 51

Precoro

AUGUST 15, 2022

But is an ERP solution worth the investment for your business ? ERP or enterprise resource planning is software companies use to automate core business processes and integrate their functions, such as accounting, project management, procurement, and supply chain operations, into a single system. Cloud-based ERP Software.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

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. Image via StarAir.dk). Behind the Maersk shift. The difference… and the looming carrier threat.

Price Reduction 177

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

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

by Wolfgang Lehmacher, Anchor Group & Mikael Lind, Research Institutes of Sweden (RISE). Also, tools have been developed to enable horizontal partnerships to reduce empty truck miles. Creating demand for new clean solutions requires pioneers and critical mass. Part 1–Defining the moment. Amazon, A.P.

Supply Chain Design Software 240

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Network Software 240

Claritum

JANUARY 8, 2020

Claritum Article - Procurement Blog. Procurement's influence with an orchestrated Marketplace. This article looks at the use of business to business orchestrated Marketplaces and online catalogues to mitigate the people factor of any procurement process. Introduction. How people can influence success. 1 Introduction.

Purchasing Skills 47

Purchasing Skills Procurement Solutions Negotiating Skills Negotiate Pricing 47

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Shaman

NOVEMBER 28, 2016

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. As a group, these metrics have the highest correlation to market capitalization. The Supply Chain Index measures supply chain improvement for an industry peer group.

Supply Chain Design Software 195

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

Precoro

DECEMBER 5, 2022

Are you planning to implement enterprise resource planning software but have some concerns about budget overruns, project delays, and disruption of business processes? We have all heard horror stories about poorly implemented ERP solutions that take forever to see a return on investment or, even worse, never actually come to fruition.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Procurement Solutions Optimization Software 52

MIT Supply Chain

JUNE 5, 2023

Again, the arguments are put forth in more detail in my new book, The Magic Conveyor Belt: Supply Chains, A.I., As the book explains, algorithms will not replace the human interactions and communities underpinning global commerce. It helps in negotiating a solution and obtaining mutual commitments to action.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Supply Chain Software Manufacturing Procurement 52

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. Historic processes are inside-out tightly integrated to orders and purchase orders. Comparison of Companies in the Furniture Peer Group for the Period of 2010-2019. I now go to the local coffee shop.

Customer Service 324

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 324

ThroughPut

OCTOBER 16, 2022

According to a study by Deloitte , those companies that were best equipped to respond to the disruption driven by the pandemic had robust relationships with their supplier and partners and the required tools in place to offer visibility into their broader supply networks. Real-Time Forecasting.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Decarbonisation is a different source of risk for businesses and requires a proactive response. However, businesses need to clearly understand their supply chains and the sources of high carbon footprint as bottlenecks towards net-zero value chain. The recent large disruption taught us that resilience is core for mitigating risks.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. I, like many of you, read this book when it was published. Software planning was in the middle of a hype cycle. I worked first at Gartner Group and then at AMR Research.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

ToolsGroup

FEBRUARY 15, 2021

According to a survey from the Digital Supply Chain Institute (DSCI), the design of and transformation to a digital supply chain with the customer in mind, can reduce procurement costs for all purchases of goods and services by 20% and reduce supply chain process costs by 50%. New sources of revenue. Greater access to markets.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 156

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. You need additional tools to understand which half — in real time.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

SEPTEMBER 13, 2016

Today only 12% of supply chain teams are driving improvement, performing better than their competitors and driving value (as determined by Price to Tangible Book Value). The change in front of us will transform the base-level definitions of source, make and deliver. It cannot be about incremental improvement. What does it take?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software 195

Talking Logistics

SEPTEMBER 1, 2017

BluJay Solutions Raises up to $500 Million New Financing to Drive Accelerated Growth. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. Strong Software Bookings Growth Highlights First Half 2017 Results for JDA. Robinson purchased Milgram & Company Ltd.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Real-time Visibility Manufacturing Procurement 0

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. Several articles and reference books have highlighted Joe’s procurement transformation accomplishments at Lucent Technologies, Juniper Networks, and in the area of Supply Chain Risk Management.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

GTG Technology Group

JUNE 10, 2019

Transportation management system/software (TMS) is a system of management for supply chains to aid in the movement of goods. It is also a helpful tool for boosting business and growing the company. Generally, this software can be uploaded to any company’s interface to provide important details to the company and the driver.

Supply Chain Design Software 36

Supply Chain Design Software Supply Chain Planning Software Predictive Analytics Software Logistics Network Optimization Software 36

Supply Chain Shaman

APRIL 17, 2013

Source Merriam-Webster Dictionary. The article is written and the story is spun, but the solution offered is a supply-centric solution based on yesterday’s technology. As a result, articles are written proclaiming demand-driven results and then the reader is given a solution that is anything but demand driven.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Demand Solutions

APRIL 23, 2014

An item's forecasting time fence often mirrors the item's planning or sourcing lead time. This article is excerpted from the e-book "42 Ways to Improve Your Forecasts" which will be published in May. _. 1, 1990, he made the ultimate product endorsement by starting a business to market and support Demand Solutions in the Northeast U.S.

Forecasting 100

Forecasting Forecasting Software Supply Chain Planning Software Procurement Solutions 100

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. During the year, I go to a lot of conferences.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Claritum

JANUARY 8, 2020

procurement process. procurement process automation. of the organisation’s Procurement team. changes, they do so with the approval of the Procurement team. changes, they do so with the approval of the Procurement team. very first catalogue in 1498: a catalogue of the books that he was. Providing the.

Purchasing Skills 32

Purchasing Skills Negotiating Skills Procurement Solutions Negotiate Pricing 32

Talking Logistics

DECEMBER 11, 2015

Source: Laurie Cus. MercuryGate extends invoicing and document management solution with HubTran integration. SAP Launches Enhanced Supply Chain Execution Software for Faster Logistics Planning. HighJump Partners with Advantage2Retail to Bring Best-of-Breed Warehousing Software to Retailers.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Optimization Software 0

ThroughPut

SEPTEMBER 27, 2021

The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. To ensure that backflow in the supply chain doesn’t drag all the way back to raw material procurement, it is necessary to monitor intermediate checkpoints such as warehouses, transport operations, and so on.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

KEPLER Consulting

MARCH 23, 2018

The purpose of this article is to share our experience in the use of machine learning to generate quick saving opportunities and homogenize purchased pricing across business units / regions in large groups. Context and challenges within a multi-BU group. Pricing revision routines can be different across the group.

Negotiating Skills 64

Negotiating Skills Purchasing Skills Negotiate Pricing Material Savings 64

Precoro

SEPTEMBER 1, 2022

Scroll down to learn what record types are in NetSuite, what is Purchase Order record type, and how to find it. Oracle NetSuite record types are categories that group records, such as customer, vendor, and inventory item together. Standard record types are included in each NetSuite account and are accessible through all data sources.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 52

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In this period the concept of trading exchanges were largely overhyped and the solutions under-delivered. The acquisitions follow a pattern.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Supply Chain Shaman

JUNE 14, 2014

When I wrote the book Bricks Matter , I cavalierly penned a chapter on the evolution of supply chain thinking from cost to value. I found this out the hard way when Keith Harrison , contributor to the Forward of the book, asked me to define what I meant by ”value.” This is a group of leaders. What Is Value?

Optimal Sourcing 294

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 294