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

DECEMBER 13, 2015

Today, 7% of order and purchase order flows move through business networks. For access to the report on business networks reference this r eport. The solutions to close the gaps are not so easy. I am wondering what would happen if we got technology leaders in the same room and brainstormed a solution?”

Manufacturing Procurement 150

Manufacturing Procurement Procurement Analytics Supply Chain Network Software Procurement Solutions 150

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. And even at that time he was doing something completely new: he was running simulations using software applications.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Supply Chain Shaman

APRIL 17, 2013

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. The concepts surrounding demand driven sound right.

Supply Chain Design Software 258

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

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.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. At Supply Chain Insights , this is our passion.

Inventory Reduction 150

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

6 River Systems

NOVEMBER 30, 2020

Michael Porter, an economist, researcher and former Harvard Business School professor , wrote several books on competitive advantage that are taught widely across several disciplines in higher education today. Smart warehouse solutions can reduce picking error rates to near zero. These factors contribute to faster order shipping.

Warehousing 52

Warehousing Supply Chain Software Analytics Software Price Reduction 52

Locus

JULY 10, 2023

Perhaps the answer lies in adopting cutting edge supply chain solutions. Locus, however, transforms post-purchase data into valuable knowledge, presented through easily understood dashboards. And that’s why companies today need to embrace a robust supply chain visibility (SCV) solution.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility Optimization Software Agile and Lean Supply Chain 52

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.” E2open last week announced the purchase of Serus.

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

The Logistics & Supply Chain Management Society

JULY 20, 2020

But the COVID-19 crisis, has required rapid operational solutions to unforeseen roadblocks. Quick solutions to employee shortages, remote working, and to ensure health and safety across the company need to be deployed. When we closed the doors due to COVID-19 for more than a month, one of the options was to spend time reading books.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Shaman

MARCH 15, 2016

I like the SupplyOn functionality; and with great references, I wanted to know more. Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Unleashed

OCTOBER 20, 2021

And to give you a clear idea of what to expect if you choose a cloud-based software option, we’ll give you some examples of how Unleashed helps with the process of setting up your inventory system. That way you’ll avoid a situation where your software is ready to go but you don’t have the physical assets to use it.

Inventory Management Software 96

Inventory Management Software Inventory Management Forecasting Software Inventory Reduction 96

EMERGE App

OCTOBER 14, 2019

Place refers to where your product is sold. You have little control over Place as it’s likely that your retail customers will purchase from you and then decide how best to display your products. Inventory management software, such as EMERGE App, offers a built-in B2B portal for free. What does this mean?

Material Savings 40

Material Savings Price Reduction Purchasing Skills Inventory Reduction 40

Unleashed

MAY 2, 2022

These are the 10 most crucial metrics for SMEs – so you can get started on reducing inefficiencies and cutting costs. Using inventory performance metrics can lead to: Happier customers – who get what they want, when they want it, at the price they’re willing to pay. This is a great metric to track as it tells you your break-even point.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

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

Unleashed

SEPTEMBER 28, 2023

Physical products that have been replaced by digital alternatives such as hard copy telephone books, business catalogues, and encyclopedias. To better predict future demand for products, track and analyse historical data using inventory management software. There are numerous reasons for low demand.

Material Savings 52

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 52

Unleashed

FEBRUARY 9, 2023

Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace.

Inventory Management Software 52

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

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

EMERGE App

JANUARY 13, 2021

Over the years, numerous tools and ratios have come up to assist managers track their inventory. Purchases made during the reporting period- $ 2,000,000. Going by the rule of thumb, the automatic interpretation of this metric is that Company A is doing much better than Company B. Ending Inventory- $1,000,000.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Material Savings 52

ThroughPut

JUNE 5, 2024

Customer segmentation, a form of supply chain segmentation, refers to the process of dividing customers into groups based on specific criteria such as demand patterns, service needs, product preferences, geographical locations, and profitability.

Inventory Reduction 52

Inventory Reduction Material Savings Resource Reduction Sourcing Strategies 52

Supply Chain Shaman

OCTOBER 2, 2020

When he talks and refers to the basics, his team usually rolls their eyes. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Historic processes are inside-out tightly integrated to orders and purchase orders. Flipping Book link: [link].

Customer Service 302

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 302

Silvon Software

MAY 24, 2022

Sales metrics and key performance indicators (KPIs) empower a salesperson, team or organization to assess performance against goals and objectives, monitor progress and make necessary adjustments for continued sales success. Appropriate sales metrics also help identify the state of sales regarding time-based goals.

Procurement Analytics 78

Procurement Analytics Manufacturing Procurement Metrics Price Reduction 78

Supply Chain Shaman

JANUARY 11, 2016

With the evolution of Software as a Service (SAAS) and Business Process Outsourcing (BPO) technologies there are now more options. 2004 data references the work that I completed while an analyst at AMR Research.) The purchase of supply chain solutions remains a complex sale with increased power by Line of Business Leaders.

Supply Chain Planning Software 165

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

EMERGE App

MARCH 24, 2020

As a busy wholesaler and distributor, in between receiving purchases and fulfilling orders, I’m sure you must wonder how you’re business is doing. You can with inventory metrics. Why should you care about inventory metrics ? We think these are the top 10 inventory metrics that you need to know right now.

Procurement Analytics 89

Procurement Analytics Metrics Inventory Reduction Inventory 89

6 River Systems

APRIL 4, 2019

Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags improve visibility throughout the supply chain. These advancements are accelerating thanks to better tools that were created in 2018. Marc Tuinier.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

ShipBob

DECEMBER 12, 2022

In this article, we’ll break down what COGS is, why it’s important for your business, and how to calculate it, and how to use it in relation to other important metrics. . Cost of goods sold, or “COGS” for short, refers to the amount of money your business spent to produce or procure the products that you sold.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Manufacturing Procurement 52

NC State SCRC

DECEMBER 30, 2018

This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. In addition, Carl assigned a person who could work on access databases, and began by combining procurement data for 5 divisions into a single database. “The

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Supply Chain Trend

NOVEMBER 27, 2016

These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. These leaders all have 20+ years S&OP experience and published books, whitepapers and articles in renowned magazines. was one the first to develop dedicated S&OP technology solutions. The DCRA Inc.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Supply Chain Design Software 60

BlueYonder

NOVEMBER 19, 2021

Assortments are increasingly built to address customer need and ensure a pleasant customer experience — the product exists where the shopper wants to purchase it — but there is more to it than just providing a satisfying retail experience. Shifting focus from store metrics to satisfying customer need is only possible through shared data.

Supply Chain Planning Software 86

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Design Software 86

6 River Systems

DECEMBER 11, 2018

” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Make room for collaboration.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Unleashed

DECEMBER 20, 2022

eCommerce business refers to the buying and selling of goods or services electronically, online, and over the internet. This modern business model functions as the online solution to making retail, manufacturing, wholesale, and service-based sales. Services: Professional services that may be purchased over the internet.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96

6 River Systems

FEBRUARY 25, 2019

Dr. Scott Newton, VP for Care Model Solutions at TeleTracking , has more than 30 years of experience in healthcare — working as an EMT, a nurse, an educator and a patient flow command center leader — he is also a trusted adviser and thought leader. If viable, they adopt the solution/ process. Dr. Scott Newton. TeleTracking.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Supply Chain Game Changer

NOVEMBER 7, 2018

Little did I realize that while on the surface this seemed like a simple problem, and solution (ie. All they could do was refer the problem to Accounts Payable. We all booked our flights. Goods had been received, and invoiced, without a proper purchase order having been placed (often with only phone call authorization).

Pricing Training 42

Pricing Training Procurement Analytics Purchasing Training Negotiate Pricing 42

6 River Systems

JUNE 10, 2019

To top it off, there should be a very competent and organized EDI software and CRM used when working with vendors to keep track of all product serial numbers. Scott has a deep knowledge of the healthcare system and understands that success is tied to high reliability, just-in-time responses and responsible solutions.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88