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Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.
I find that most companies’ understanding of supplychain planning is immature, and that next week, at the Gartner SupplyChain Summit in Orlando, that many will don their Mickey ears to discuss what I consider outdated supplychain planning models. How can I improve the process of software selection?
Technology can change or even improve work. Companies today making a fundamental mistake: they are attempting to automate current processes with AI versus challenging and redefining work. Today, in supplychain planning, this could not be further from reality. What’s missing? This bearish attitude is well-founded.
This past February we asked members of our Indago supplychain research community — who are all supplychain and logistics executives from manufacturing, retail, and distribution companies — “Is your company using Artificial Intelligence in its supplychain or logistics operations?”
Procurement and purchasing are often used interchangeably, but they serve distinct roles within any successful organization.While both involve acquiring goods and services, their workflows, objectives, and impact on enterprise risk management differ significantly. Procurement vs. Purchasing: What’s the Difference? What is Procurement?
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Probabilistic forecasting is revolutionizing demand forecasting, supply planning, and inventory optimization by significantly improving forecast accuracy and decision-making across distribution networks. The result?
In the fast-paced world of modern supplychains, traditional forecasting methods fall short. Advanced supplychain planning is being transformed by probabilistic forecasting , which revolutionizes demand forecasting, supply planning, and inventory optimization. The result?
By digitalizing and automating their production planning processes, manufacturers can respond faster and more profitably when confronted with demand variability, materials shortages, logistics roadblocks and other supplychain issues. But what practical benefits does advanced production planning software deliver?
Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. This blog explores the most common challenges in digital procurement and the capabilities that matter most.
Over the course of the last two years, we at SupplyChain Insight s have worked on a methodology to gauge supplychain improvement. We named it the SupplyChain Index. We have found that supplychain metrics are gnarly and complicated.During Background on the SupplyChain Index.
The global supplychain landscape is undergoing significant transformations, influenced by rapid technological advancements, shifting consumer expectations, and the intricacies of international commerce. Developing Analytical Skills Data analysis is at the heart of effective supplychain management.
SCB Feature Report From DPW: What’s Next for AI in SupplyChain? That’s because the promise of artificial intelligence for supplychain operations is huge. It could do more to accelerate the journey of supplychain operations from the backroom to the boardroom than any other change. trillion to U.S.
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the SupplyChains to Admire Award.
Many of the world’s largest companies have committed to reaching net zero by 2050, triggering a ripple effect throughout global supplychains. For most CPG brands, indirect emissions — those that occur across the supplychain — represent the majority of their carbon footprint. Retailers are following suit.
Do Invest in Distributor Capability Building : Provide training, digital tools, and performance incentives. Do Embrace Technology and Data : Use real-time data for demand forecasting, inventory management, and route optimization. A well-equipped distributor is an extension of your brand and a key to market penetration.
The value of supplychain management as a discipline has gained more and more recognition from the business communities. Some supplychain leaders now take the helm at the world''s leading companies like Apple Inc, Wal-Mart and Tesco in UK as the CEOs. At that time, Apple''s supplychain was an absolute mess!
Spare parts supplychains, however, come with their own set of complexities, requiring targeted strategies and specialized tools to meet these unique demands effectively. This volatility necessitates advanced forecasting tools to anticipate and prepare for irregular demand patterns.
If you’re evaluating procurementtechnology or exploring ways to drive more value from existing systems, chances are you’re looking beyond tactical fixes – you want a smarter, scalable strategy. Misaligned priorities across finance, legal, and procurement create friction that delays decision-making and reduces impact.
The Covid-19 pandemic tested the global supplychain. Like riding a bumpy road, the supplychain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supplychain leaders, I share lessons learned. It will not be over soon.
” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supplychains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. According to my research, top-performing supplychains possess three very different qualities. The gap was large.
As businesses become increasingly global, professionals in the supplychain field must keep up with new technologies, trends, and best practices. Summary Table edX SupplyChain Courses vs. SCMDOJO Aspect SCMDOJO edX Focus & Specialization A dedicated platform focused entirely on supplychain management.
Updated: May 12, 2025 Published: September 22, 2021 ERP software has the ability to connect and transform every aspect of an enterprise. Todays Software-as-a-Service model provides businesses with a level of efficiency that helps them work smarter, faster, and more cost-effectively. What is ERP Software?
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supplychain planning became the most important initiative. . These capabilities can bring efficiencies to decision-making across the supplychain.
Nine out of ten supplychains are stuck. The secret to unsticking the supplychain is to redesign processes to be outside-in. The supplychain processes need to be designed from the market back. Supplychain leaders are fluent in the language of supply. Growth has slowed. Demand Shaping.
Learn how Körber leveraged Ivalua’s softwaretools to automate and streamline tactical activities while keeping strategy front and center. The global supplychain is undergoing an incredible transformation that will change the way we do business. 5 BU’s: Digital, Pharma, SupplyChain, Tissue, and Tobacco.
For the past five years, the team at SupplyChain Insights identified SupplyChains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the SupplyChains to Admire Award.
As I highlighted last week in “Negotiating With A Chatbot: A Walmart ProcurementCaseStudy,” despite all the hype surrounding Artificial Intelligence (AI), relatively few companies are using AI in their supplychain or logistics operations today. When it comes to adopting AI in supply.
Still, it can be just as disruptive to supplychain performance. Fleet management is a long game — budget cycles, replacement planning, technology roadmaps. Without experienced managers in place, truck availability drops, repairs are delayed, and cost control becomes difficult. Disruptions in decision-making.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. The Google TMS?
While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supplychain management is equally responsible for propelling startups to unicorn status. Leveraging emerging technologies gives startups supplychain advantages that legacy players cannot match.
Meals on Wheels San Francisco Transforms SupplyChain Management to Serve Up to 30,000 Meals Each Day with OpenEdge-Powered ERP by MyOffice Apps 2020 | CaseStudy Challenge Meals on Wheels America has 5,000 independent programs across the United States, with the program in San Francisco being one of the largest in the nation.
She wrote, “I have been working in the supplychain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. In a recent blog post, I was challenged by Anna.
Summary of the Impact: A globally recognized fashion and lifestyle conglomerate deployed ThroughPuts AI-powered SupplyChain Decision Intelligence Platform to transform its holiday season planning. There was a need to eliminate such SKUs and optimize supplychain flow for reliable performance.
Today, nine out of ten supplychains are stuck. Despite two decades of advancement in supplychaintechnologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. My goal is to understand the impact of technologies and processes.
Fashion industry is one of the most primitive form of supplychain management and its practices have been extended, adopted and become the best practices that we use today. One year later "Kurt Salmon Associates" was assigned to investigate the whole apparel supplychain. Fashion SCM 1.0 Fashion SCM 2.0
The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.
As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? The huge growth in the use of technology has been the most visible part of that developing picture.
Charting the Course to Sustainable Transportation: Our Journey to a Greener Future Introduction At LogiSYM Platinum in October, 2023, t he LSCMS Shippers Council recently hosted a round table event, bringing together key players in the logistics and supplychain management sectors to discuss the pivotal theme of sustainable transportation.
Modern procurement professionals need to be among some of the most highly skilled workers in any organization, and we want to help you identify exactly what essential procurement skills you need to lead your team as the industry continues to grow and evolve.
ANCA builds CNC tool grinding machines. These machines produce the cutting tools other machine tools use to cut metal. In some cases, only one or two companies in the world can produce the components ANCA needs. Inevitably, the procurement process is complex and challenging to manage. Manage consignment inventory.
Moller-Maersk Extends Lease at Port of NY and New Jersey Sealand - A Maersk Company Launches Hispaniola Service SupplyChainBrain Women in Procurement Struggle for Equality, Still More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox.
by Alexa Cheater Avaya: A supplychain management casestudy. That’s what high-tech giant Avaya had to do when the company decided to radically change up how it manages its supplychain. The company has reduced supplychain expense by 50% and decreased cash tied up in net inventory by 94%.
Generative AI and AI-powered software agents “should change the way our work is done,” Jassy said in an email to employees on June 17 that laid out his thinking about how the emerging technology will transform the workplace. “We recently announced a round of layoffs that hit software developers hardest. And Microsoft Corp.
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