Supply Chain Shaman

SEPTEMBER 3, 2018

We consistently see that companies focused on functional excellence–a focus within a functional silo like manufacturing, transportation or distribution– or singular metrics– like inventory or costs– underperform against their peer groups. Reward teams for cross-functional metrics. Customer-Centric Supply Chain.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

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

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). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Supply Chain Shaman

NOVEMBER 15, 2021

Sitting waiting for a confirmed booking.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Build Strong Supply Chain Sourcing Development Practices. (The health of all sectors is dependent on the chemical industry.) We are to blame.”

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Supply Chain Shaman

JUNE 5, 2013

Integration of corporate social responsibility metrics in planning. Comprehensive view of source, make and deliver. Most often the focus is on transportation or logistics, but does not take into consideration the trade-offs between make, source and deliver. Focus is on make, source and deliver together. Procurement.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Planning Supply and Demand Supply Chain Design Software 216

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

Supply Chain Shaman

NOVEMBER 15, 2021

Sitting waiting for a confirmed booking.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Build Strong Supply Chain Sourcing Development Practices. (The health of all sectors is dependent on the chemical industry.) We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Sitting waiting for a confirmed booking.) Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Build Strong Supply Chain Sourcing Development Practices. (The health of all sectors is dependent on the chemical industry.) We are to blame.”

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Talking Logistics

APRIL 20, 2016

The New York Times best-selling book The Boys in the Boat by Daniel James Brown tells the story of how the University of Washington’s eight-oar crew team overcome great odds and adversity to win the gold medal at the 1936 Olympics in Berlin. How do you successfully align goals, metrics, and resources across functional groups?

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy Supply Chain Design 100

Supply Chain Game Changer

JANUARY 5, 2021

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. Get OUR EBOOKS HERE. What is Purchase Price Variance (PPV)?

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Silvon Software

AUGUST 8, 2022

Supply chains also have the added complexity of numerous other data sources being generated from extended partners in outsourcing, logistics, and distribution. And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Let’s take product quality as an example.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

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. This is effectively a “snapshot” in time. and “What is the potential return on investment?

Manufacturing Procurement 40

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement 40

Supply Chain Shaman

MAY 14, 2013

This week, at Supply Chain Insights LLC, we published our 11th report in the series titled Supply Chain Metrics That Matter. When companies look at singular metrics (labor costs or inventory), they have moved backwards. Aligning metrics matters. Functional metrics in isolation degrade value. We enjoy writing them!

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Design 254

Bristlecone

AUGUST 17, 2020

In the 2018 book Factfulness , Swedish statistician and author Hans Rosling, together with his son Ola Rosling and daughter-in-law Anna Rosling Rönnlund, suggest that the vast majority of human beings are wrong about the state of the world. Multi-sourcing, for the sake of it, does not mitigate risk. Is this multi-sourcing?

Optimal Sourcing 98

Optimal Sourcing Modeling Scenario Planning Manufacturing Procurement 98

Supply Chain Shaman

JUNE 18, 2015

In discrete industries, the early supply chain organizations reported to procurement. Over the course of the last decade, companies have moved at different rates to align source, make and deliver processes to report to common leader. In the beginning, the emerging supply chain concepts focused on functional excellence.

Sourcing Strategies 150

Sourcing Strategies Agile and Lean Supply Chain Inventory Reduction Supply Chain Design 150

Requis

OCTOBER 30, 2020

He provides a wide array of educational content for supply chain practitioners, including the Supply Chain Secrets channel on YouTube and a number of books, including his latest, Supply Chain Secrets. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Sourcing 52

Supply Chain Opz

MARCH 26, 2015

Most inventory control and operations management books tell people to choose a forecasting model that produces the lowest forecast errors. However, notation can be different from one book to the other but they follow the same logic. Then you have to be more specific which service level or fill rate metric you are talking about.

Inventory Reduction 113

Inventory Reduction Inventory Forecasting Manufacturing Procurement 113

Supply Chain Shaman

NOVEMBER 9, 2014

The team was organized around the functional silos of source, make and deliver. Instead, we found that the companies with the lowest total supply chain cost (a total of source, make and deliver) had average costs in manufacturing and distribution. We are a month away from the publication of Supply Chain Metrics that Matter.

Manufacturing Procurement 285

Manufacturing Procurement Optimal Sourcing Benchmarking Supply Chain Design Software 285

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

Supply Chain Shaman

MAY 7, 2015

When source, make and deliver report to the same organization, progress is quicker. The company that plays to win does not strive to have the best manufacturing costs, or the best procurement practices; instead, the team focuses on winning together cross-functionally on a commonly held portfolio of metrics.

Sourcing Strategies 150

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 150

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Supply Chain Shaman

JUNE 21, 2016

In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. The metrics reward functional thinking. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization.

Supply Chain Design Software 161

Supply Chain Design Software Supply Chain Planning Software Network Design Software Modeling 161

Enterra Insights

JUNE 13, 2018

What is much easier to measure is cost — so that’s what drives the metrics and incentives.”[1] 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.

Supply Chain Planning Software 100

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

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. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

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

Supply Chain Shaman

MARCH 8, 2016

Used as a one-to-many data model for sourcing and procurement by companies like IBM, Cisco Systems, Dell, Motorola, Seagate, and Vodafone , there is much promise; but in the last five years the Company, plagued by execution issues, encountered problems. Traditionally E2open sold to the procurement organization.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

AUGUST 11, 2015

The rising complexity of items sold decreases the organization’s ability to forecast, and the longer lead times across multiple tiers of sourcing and supply, increases the bullwhip impact (distortion of the demand signal across multiple tiers of the value network). This increases risk. Figure 1: Bullwhip Impact.

Supply Chain Design Software 150

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

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

Precoro

AUGUST 15, 2022

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. These systems are hard to use , which makes the procurement process overcomplicated and inefficient.

Supply Chain Planning Software 52

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

Supply Chain Shaman

JUNE 29, 2015

In our research for the book Supply Chain Metrics That Matter , we find that this is the case for 90% of companies. Over the last decade the average company has dramatically improved employee productivity, and driven reductions in cash-to-cash metrics. If you are like most CFOs this week, frustration abounds. You are not alone.

Supply Chain Design Software 150

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software S&OP 150

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). What synergies exist between us? (

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Map all supplying sites. What synergies exist between us? (

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

Supply Chain Action Blog

FEBRUARY 25, 2021

If you travel for your company, you likely face restrictions on the amount and/or cost of travel which you can book without very senior level approval. Supply chain planners or buyer/planners are people who must determine how much should be procured, when, and where. I do not debate the wisdom of such policies.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Pricing Training 52

Supply Chain Shaman

AUGUST 3, 2016

Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. The greatest value happens when companies can link across source, make and deliver. Few implementations of planning connect to procurement and transportation.

Supply Chain Planning Software 150

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

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Download our E-Book on Supply Chain Sustainability and Profitability with Green Logistics. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52